The Richest in Real Estate Top 100
The Basics
Location: New York City | Net Worth: $1.93 B
Location: New York City | Net Worth: $1.93 B
![David Walentas](https://cdn.bisnow.net/fit?height=1000&type=jpeg&url=https%3A%2F%2Fs3.amazonaws.com%2Fcdn.bisnow.net%2Fcontent%2Fimages%2F2016%2F02%2Fdavid-walentas.jpg&width=1000&sign=8G1QbUVImsfdbY1Lx8-S0zIWHWDgkqQilFVWkU38QB8)
In the 1970s, David paid $12M for 2M SF of Brooklyn warehouses in what is now Dumbo. Now owning more than 15 properties across Dumbo, Brooklyn Heights, Williamsburg and Manhattan, David has transformed Brooklyn from a bunch of decaying warehouses into The Big Apple's hottest location and continues to improve Brooklyn’s waterfront. In 2012, David acquired the old Domino Sugar refinery for $185M and has been working to turn it into a mixed-use complex.