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Durst reorganizes.

The Durst Organization has restructured executive positions within the corporation as the younger generation of Dursts increase their responsibilities and take the helm of the New York City real estate development firm.

Robert Durst, Douglas Durst, Jody Durst and Joshua Durst, all executive vice presidents of the Durst Organization, have been named managing directors in the move.

The Durst Organization was founded in 1915 by Joseph Durst, and taken over by sons Seymour, David and Royal in the 1950s. The Durst Organization assembled sites and built eight office buildings and purchased one. Three of the buildings are located on the West Side of Manhattan, six on the East Side.

With the death of Royal Durst and the semi-retirement of Seymour and David, the younger generation of Dursts is assuming leadership of the organizations.

The younger generation of Dursts has implemented a wide variety of executive changes throughout the company to reflect the new management structure for the organization's extensive real estate holding.

Marvin Harrison has been named an Executive vice president of the organization. Ira Marx, formerly assistant treasurer, has been named treasurer; while Paul Piccinini will continue to fill responsibilities as controller.

William Watkins, formerly building manager of 114 West 47 Street, has been named vice president in charge of operations for the organization's East Side office buildings. James West, previously building manager for 1155 Avenue of the Americas, now is vice president in charge of West Wide office buildings.

Rick Eisenhart has been named a vice president, and will be acting building manager of 1133 Avenue of the Americas, overseeing the reconstruction of this building, the present headquarters of the Durst Organization.

Thomas Bow has been named assistant vice president in charge of leasing for the Durst Organization, while Richard Kohlbrecher is now assistant vice president for mechanical systems. Ralph Moccio is now vice president of building operations. Jeff Meaney is now vice president for cleaning and security.

David Peacock, who was assistant building manager for 201 and 205 East 42 Street, has been promoted to building manager of 733 Third Avenue. Ken Calderone was promoted to building manager from the position of assistant building manager of 114 West 47 Street.

"The executive restructuring of the Durst Organization reflects necessary advancements as the company positions itself for the future," said Robert Durst. "Meanwhile, we are upgrading both the interiors and exteriors of our buildings for the 21st Century."

Durst explained that the company is implementing technological improvements to building systems, including new HVAC and elevator systems, while lobbies and extericrs are undergoing renovation.
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Title Annotation:The Durst Organization
Publication:Real Estate Weekly
Date:Mar 30, 1994
Previous Article:Developer selected for Grand Central renovation.
Next Article:Developers discuss formation of joint ventures.

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