Background and career
Douglas Durst (born December 19, 1944) is an American real estate investor and developer. He has been the president of The Durst Organization since 1992.
Durst was born in New York City in 1944 to a Jewish family, the son of Bernice (née Herstein) and Seymour Durst. He is the younger brother of convicted murderer Robert Durst. Durst's paternal grandfather, Joseph Durst, a penniless immigrant tailor from Austria Hungary, eventually became a very successful real estate manager and developer, founding The Durst Organization in 1915. His father, Seymour, became head of the family business in 1974 upon Joseph's death. Douglas's mother died when he was a child, in a fall from the roof of the family's three-story house. Douglas graduated from the Fieldston School in 1962 and the University of California at Berkeley in 1966. He attended New York University's Urban Studies program for two years and then joined the family business then run by his father and two uncles, Roy and David.
Douglas took over the Durst Organization in 1992 upon his father's retirement. He presided over the development of several major buildings in New York City including 4 Times Square in 1999, Helena at 601 West 57th Street in 2005, Epic on 125 West 31st Street in 2007, and Bank of America Tower at One Bryant Park in 2008. Bank of America Tower was the first high-rise commercial tower to receive LEED platinum rating in the United States. The building was refinanced in 2009. The Durst Organization also developed the New School University Center on 14th Street and 5th Avenue. Durst has emphasized density and sustainability in some of his projects. Durst is chairman of The Durst Organization and a member of the third generation of the family to lead the company.
In 2010, the Durst Organization bid on and won the right to invest $100 million in the One World Trade Center development becoming a co-developer with the Port Authority of New York and New Jersey. The contract negotiated between the Port Authority and the Durst Organization specifies that the Durst Organization will receive a $15 million fee and a percentage of "base building changes that result in net economic benefit to the project." The specifics of the signed contract give Durst 75 percent of savings up to $24 million and stepping down thereafter (to 50 percent, 25 percent and 15 percent) as the savings increased. Durst had offered to work for a fixed $35 million fee, but the Port chose the incentive fee arrangement.
In 1987, Durst purchased a farm in Dutchess County, New York. He later partnered with the prior owner to develop it into a large organic farm.
In 1967, he married Susanne Durst, a Danish national whom he met in Denmark after college. They have three children. His daughter Anita Durst is the founder of Chashama, a charity dedicated to locating affordable or free studio and gallery space for artists in New York City. Alexander Durst is vice president at the family company. Helena Rose Domino is vice president at the Durst Organization. He served on the Real Estate Council at the Metropolitan Museum of Art from 2004 to 2019 and currently sits on the Board of Directors at Roundabout Theater Company.
Sources
Net-worth figure: Celebrity Net Worth (October 2026), in USD. Biography and career facts: the person's Wikipedia article and linked reporting. Snapshot date for all StarWorth figures: 28 October 2026.
