Two Trees is a Brooklyn-based, family-owned real estate development firm. Founded in 1968, the company's portfolio includes 6,000+ residential units and over 4 million square feet of office and retail space. Led by founder David Walentas and CEO Jed Walentas, Two Trees is well-known for transforming DUMBO from a neglected industrial waterfront into a thriving mixed-use community. The company is committed to creating neighborhoods that have a unique cultural identity, and it supports businesses that add value to the long-term vitality of the communities.
Two Trees believes that people prosper when neighborhoods bloom. It is the duty of the developers and property-owners to cultivate livable streetscapes that lend to a wide variety of uses and attract diverse groups of people. Two Trees fills its storefronts purposefully with small, family-owned businesses, creates artistic and cultural spaces to enrich the streets, and uniquely constructs buildings to promote the growing potential of their surrounding areas.
Two Trees developments are much more than properties–they are dynamic places where communities can connect and thrive. In-house curators and civics teams coordinate philanthropic efforts with the company's mission, and respond to neighborhood demands that are unmet by traditional real estate development companies. Decisions are made after honest discussions, always with the neighborhoods' best long-term interest in mind.
Two Trees owns over 4 million square feet of commercial, industrial and residential real estate throughout the U.S. with the majority of its properties located in NYC. From DUMBO to the Domino Sugar Factory, the company has proven to invest in community amenities that add to the long-term vitality and sustainability of the neighborhoods.
Brooklyn’s Domino Sugar Offices Win the Amenity Wars
On a hot summer day, the base of the Williamsburg Bridge is all direct sun and concrete: bus terminal, traffic ramps, parking lots, the industrial neighborhood that Williamsburg once was still palpable beneath the dusting of coffee shops and salons that have opened in recent years.
September 09, 2022
Construction Rises On Domino Sugar Refinery Redevelopment At 292 Kent Avenue In Williamsburg, Brooklyn
Construction is rising on the The Refinery, a commercial conversion and expansion of the 140-year-old Domino Sugar Refinery at 292 Kent Avenue in Williamsburg, Brooklyn.
August 23, 2022
Two Trees Going Big With Domino Sugar Refinery Project
Brooklyn is like the dog that didn’t bark. All the ingredients were there to make New York City’s most populous borough its most desirable office market. It had an abundance of old industrial buildings just begging to be repositioned to accommodate creative office companies...
August 16, 2022
Brooklyn’s Domino Sugar plant to be transformed into one-of-a-kind office building
The 1865 designated landmark in Williamsburg has been transformed behind its weathered brick facade into a one-of-a-kind office building.
July 04, 2022
Why NYC Companies Are Moving Offices to Dumbo Brooklyn
NYC companies relocate to Dumbo Brooklyn office spaces, to ease employee commute and encourage return to the workspace. Read more about this commercial real estate update.
May 30, 2022
David Prize Winner, Domingo Morales, Shows NYC that Compost is Cool Through his Project, Compost Power
The Unlikely Ascent of New York’s Compost Champion An ad led to Domingo Morales falling in love with compost. A windfall is helping him spread the word.
May 18, 2022
Iconic Brooklyn waterfront Jane's Carousel celebrates 100th birthday
An iconic Brooklyn carousel celebrated its 100th birthday Saturday with a gala ceremony — and some ‘horsing around’ by the mayor.
May 07, 2022
An avant-garde performance center gets a permanent Brooklyn home
Developer Two Trees has donated a 5,000 square foot space to avant-garde arts group ISSUE Project Room, creating a permanent home for the city’s experimental arts community in Downtown Brooklyn.
April 01, 2022
Jed Walentas On the Past, Present and Ring-Shaped Future of Two Trees
Inside the thinking of the scion of the Walentas family on Brooklyn — and beyond.
February 07, 2022
The Affordable Housing Lottery at One South First is Now Open!
A housing lottery opened this week for 89 middle-income apartments in Williamsburg’s tallest building, One South First. Developed by Two Trees Management and designed by COOKFOX Architects, One South First is a 45-story mixed-use building developed on the former Domino Sugar Factory site.
January 07, 2022
Events Platform Bizzabo Signs 30K Sq Ft Lease at 50 West 23rd Street
Bizzabo, a virtual and in-person event software firm, takes the entire ninth floor at Two Trees’ 341,000-square-foot building between Fifth Avenue and Avenue of the Americas.
December 23, 2021
Play Mini-Golf At This New Waterfront Pop-Up Course In Brooklyn
Two Trees Management Co. has introduced Putting Green, an 18-hole climate change-themed mini-golf course with the goal of educating and enlightening visitors on the pressing issues of climate change in a fun and creative way.
July 13, 2021
Get a first glimpse at Brooklyn’s new waterfront mini-golf course
It's the summer of mini-golf! Putting Green, an 18-hole course on a 15,000-square-foot tiered deck on the North Williamsburg riverfront has finally opened at the former Con Edison site that now belongs to developer Two Trees.
July 12, 2021
Distinctive Williamsburg Tower Combines Unique Options for Work, Living and Leisure
Ten Grand Street, the Williamsburg commercial building completed in 2020 and designed by architecture firm COOKFOX that features 18 floors of sun-drenched office space.
May 27, 2021
Roberta’s is opening a new location in Domino Park this weekend
This weekend promises to be a great one for two reasons: the weather is supposed to be beautiful and a new Roberta's location is opening up on the ground floor of One South First on Domino Park, a new apartment building.
April 30, 2021
Domino Sugar Refinery Prepares for Office Conversion at 292 Kent Avenue in Williamsburg
Construction work is ramping up for the office conversion of the 140-year-old Domino Sugar Refinery at 292 Kent Avenue in Williamsburg, Brooklyn. Designed by Practice for Architecture and Urbanism (PAU) and developed by Two Trees, the project is the centerpiece of the Domino Sugar master plan by SHoP Architects and James Corner Field Operations and involves the construction of a massive barrel-vaulted glass roof atop the former factory. When complete, the structure will top out at 235 feet tall, while the interiors will be gutted and restored. Levels one through four, as well as 14 and 15 will have their ceiling spans increased, and the 16th floor will be eliminated.
April 30, 2021
Climate Change-Themed Mini-Golf Course Opening at Williamsburg Waterfront
Putting GREEN, a mini golf course built with sustainability in mind, will open at the North Brooklyn waterfront this summer. This pop-up at the River Ring site, which is currently being developed by Two Trees Management, will be accompanied by a 20,000 square foot sustainable farm, as part of an interim use project.
April 06, 2021
Williamsburg developer to open temporary mini golf course, urban farm at Con Ed site
Two Trees plans to open a climate change-themed mini golf course and a small urban farm along the Williamsburg waterfront — before eventually developing the space into the towering “River Ring” development and beach park.
April 06, 2021
Brooklyn wine pioneer inks HQ lease at Ten Grand Street
Renowned wine importer Neal Rosenthal is taking over the entire 22nd floor of Ten Grand Street in Williamsburg, Brooklyn...the space will also serve as a spectacular venue for exclusive events where wine, food and culture converge.
April 02, 2021
Why It Makes Sense to Lease Office Space in Dumbo Now
Real estate development firm Two Trees is confident its portfolio of commercial office space in Dumbo will be hard to beat for businesses reconsidering their leasing options for office space — for pricing and amenities.
March 09, 2021
Rosenthal Wine Merchant Moving HQ to Brooklyn Domino Sugar Development
Importer Rosenthal Wine Merchant will move its headquarters to the office portion of Two Trees Management’s Domino Sugar Refinery redevelopment in Williamsburg, Brooklyn.
March 09, 2021
Domino Park unveils interactive art display that lights up when stepped on
The park last week unveiled Reflect, an interactive sculpture designed by artist Jen Lewin made up of three concentric rings that react to the steps of visitors.
March 08, 2021
Fintech Company Even Financial Takes 12K SF at 50 West 23rd Street
Even Financial signed a five-year lease for space on the seventh and eighth floors of Two Trees Management’s 50 West 23rd Street between Fifth Avenue and Avenue of the Americas
February 25, 2021
Brooklyn’s Williamsburg Emerges As Hot Spot For Creative Office Workers
When office workers return to the workplace in earnest, one Brooklyn neighborhood will continue to build on its reputation as an office hotspot for creative workers.
January 25, 2021
Tour: One South First / Ten Grand Street
Construction has wrapped up at One South First (formerly 260 Kent), the second residential tower of the Domino Sugar master plan. Designed by COOKFOX Architects, the 42-story tower is located at the northern end of Domino Park. Along with 330 residential rental units, the mixed-use building also contains 22 commercial floors.
January 13, 2021
Quarantine-crazed New Yorkers are splurging on pricey outdoor amenities
The New York Post features quarentine-crazed New Yorkers who have recently move to Two Trees Management's One South First on the Williamsburg waterfront.
November 05, 2020
Two Trees’ Brooklyn Leasing Spree Showcases Borough’s Office Market Activity
Brooklyn office leasing activity started to increase after a sluggish second quarter, with Two Trees Management recently inking 13 deals throughout Kings County.
November 05, 2020
New York Times: NYT Profiles One South First Residents
The New York Times profiles tenants who found a better fit at One South First.
July 28, 2020
Eater: Evil Twin Office Space Dumbo Two Trees
Cult-Favorite Evil Twin Is Opening A Second NYC Taproom Next Year in DUMBO with Two Trees.
July 28, 2020
New York Times: Residents Upgrade their Living Spaces at Mercedes House and 300 Ashland
The New York Times profile residents who, during the NYC stay-at-home order, upgraded their living spaces at Mercedes House and 300 Ashland.
July 09, 2020
New York Times: NYT Profiles One South First
The highly anticipated opening of One South First was profiled in the New York Times.
February 04, 2020
New York Post: Leasing Underway at Ten Grand Street
The first commercial building at the Domino Sugar Factory site is now leasing.
February 04, 2020
Brooklyn Paper: Ten Grand Street Opening
Ten Grand Street leasing is now underway! Equipped with gyms, bike lobby, lounges, conference rooms, and a 45-seat theater.
February 04, 2020
Bklyner: One South First/Ten Grand Redefines Williamsburg Waterfront
One South First/Ten Grand is first of its kind in Williamsburg combining both residential and commercial.
February 04, 2020
6sqft: Inside Look at Ten Grand Street
Get an inside scoop on all Ten Grand Street has to offer from 360-degree views to outstanding amenities.
February 03, 2020
6sqft: Tallest Building in Williamsburg is now open
One South First consists of 45-mixed use floors, a pool, state-of-the-art fitness center, resident lounges, and playfroom.
January 15, 2020
Two Trees Management Signs First Lease at Domino’s Ten Grand Street with Custom Beauty Company Prose
Two Trees Management, a Brooklyn-based family-owned developer, today announced its first commercial office lease at Ten Grand Street, with Prose., the most personalized beauty brand in the world, focusing on powering truly personal care.
December 19, 2019
The Top Things to Do in Williamsburg
In the past decade, Williamsburg has quickly become one of the most dynamic and exciting neighborhoods in all of New York City. It’s not an exaggeration that one can spend an entire weekend simply exploring the surrounding locale. While there are truly new experiences to try every day of the week, here are some things to do while in Williamsburg.
November 20, 2019
Best Ways to Get From Brooklyn to Manhattan
There are several ways of getting in Manhattan from Brooklyn - which are the best? We discuss the fastest and most convienient ways of getting into Manhatatan from Brooklyn.
April 30, 2019
Grovo is the latest to sign on as tenants in our Flatiron Building
Workplace training startup Grovo signed a 10-year lease for the fifth, sixth and 12th floors.
May 10, 2016
Dropbox takes 31K sf at Two Trees
Dropbox, the $10 billion cloud-computing company, is moving across the Flatiron District to a much larger space at Two Trees Management’s 50 West 23rd Street
January 04, 2016
Field operations tops Brooklyn building with communal roof garden
Located at the center of brooklyn’s DUMBO neighborhood, 60 water is a 17-storey apartment building designed by lesser architecture and developed by two trees management.
December 30, 2015
11 artists, 6 cultural groups awarded below-market space in DUMBO
The 11 artists and six groups awarded space are diverse in their missions and disciplines, including painters, sculptors, performance artists, journalists, educators and more.
November 18, 2015
Two Trees announces new ground-floor spaces for DUMBO art galleries
Two Trees Management announced this week that five galleries in DUMBO will open new, expanded ground-floor spaces in the upcoming months
November 18, 2015
Brooklyn's (next) boom
Take a good look at the Brooklyn skyline, because what you see won’t be there for long.
September 01, 2015
Citi Bike to Hold 'Bike-In,' Free Outdoor Screening of E.T. (With Reese's Pieces) in Brooklyn!
Tuesday, August 25, Citi Bike is hosting this summer’s only outdoor, bike-in movie in Williamsburg featuring screening of ET, the Extra Terrestrial.
August 24, 2015
AICAD Announces New Residency for Non-Students
The Association of Independent Colleges of Art and Design (AICAD), purveyors of the prestigious New York Studio Residency Program (NYSRP) have announced a new initiative for non-student artists called the Studio Practice Residency.
August 17, 2015
New York Bikers Get a New Hangout
Brooklyn Bike Park reopens on a riverfront site in Williamsburg
August 12, 2015
An Enchanted Two Hour NYC Bike Ride
Around 6 PM on Wednesday August 5, I left my job near the World Trade Center and headed up 6th Avenue on my bicycle looking for a place to get some air in my tires
August 11, 2015
Dumbo Art Galleries
Two Trees Management recently helped four local galleries relocate to storefront locations along Plymouth Street and the former Galapagos Art Space building
August 05, 2015
For the love of art
Opening night at Fortis Property Group’s new condo project, 212 North 9th Street in Williamsburg, got an added boost from an unlikely source: A piece of abstract art.
August 01, 2015
How Sweet It Is: A ferry visit to the Domino Sugar site
The coolest thing in Williamsburg is the ferry. This is especially true in summer, when passengers can stand out on the deck and take photos without their fingers turning into wind-whipped icicles.
July 29, 2015
Best Places to live in NY: Mercedes House
There are moments, standing in either of the 30,000-square-feet outdoor courtyards at the Mercedes House rental building between 53rd and 54th St. and 11th Ave., looking up at the hulking steel and glass structure, that you are not in this city, this country or possibly this world.
July 13, 2015
Williamsburg to get a Trader Joe's
Brooklynites, rejoice. Trader Joe’s is coming to Williamsburg.
July 09, 2015
Dan Conlon and Elizabeth Bueno are Minding the Store for Two Trees
TWO TREES MANAGEMENT COMPANY’S ELIZABETH BUENO AND DAN CONLON LEASED SPACE TO BROOKLYN ROASTING COMPANY AT 50 WEST 23RD STREET (PHOTO: ARMAN DZIDZOVIC/COMMERCIAL OBSERVER).
July 08, 2015
Two Trees Has Tenant for Flatiron Property
Pacific Park Condo Gets Construction Loan
June 28, 2015
Brooklynites Can Work Near Home as Offices Start to Rise
When Toby Moskovits was a little girl and her grandfather repaired Army uniforms in a factory near Brooklyn’s Williamsburg waterfront, the area was well into its decline as an industrial center.
June 26, 2015
Domino Sugar Refinery Could Live on in Photobook
The 130-plus-year-old Domino Sugar Refinery might be on its way down, but one urban photographer wants to make sure the Williamsburg waterfront property lives on.
June 26, 2015