The Closing: Jed Walentas

From the May issue: Jed Walentas is a principal of Two Trees Management, the company founded by his father, David, in 1968. The firm — synonymous with the renaissance of Dumbo, Brooklyn — has developed and managed more than 4 million square feet of commercial and residential real estate in the New York area and has more than $4 billion in holdings. Its current projects include the $3 billion redevelopment of the 11-acre Domino Sugar site on the Brooklyn waterfront, which will house four mixed-use buildings and 600,000 square feet of commercial space. The first building, with 525 apartments, is slated to open in July. The firm is also leasing up 300 Ashland in Fort Greene, a 35-story rental property with 379 units. Walentas joined the family business in 1997 after a one-year stint at the Trump Organization.