All in the families

Private equity firms and REITs may be charging into commercial real estate, but these multigenerational clans still control huge chunks of New York City's iconic skyline. Photographs by Lamia Maria Abillama

The LeFraks


The LeFrak family's developments are so huge that calling them cities hardly feels like hyperbole. "You can start from scratch and create a whole neighborhood," says Jamie LeFrak, 34. The late Samuel LeFrak's first such project, LeFrak City in Queens, opened in 1963 and includes 20 high-rise residences along with retail and office space. Today, led by Samuel's son Richard, the LeFraks own hundreds of apartment buildings, mostly in Brooklyn, Queens, and Jersey City, N.J. Richard's sons Harrison, 35, and Jamie are overseeing a LeFrak investment firm and energy holdings and are expanding real estate operations to London and L.A.

The Trumps

The LeFraks

The Dursts

The Silversteins

The Fishers

The Rudins
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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.