: David Walentas’ Two Trees Management Company - Case Study Example

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: David Walentas’ Two Trees Management Company

The strategy that he played out was to construct offices that were fully equipped, ready to move into, and get down to business. Also, he deliberately attracted businesses that would add to the culture of the neighborhood and that could work together. Doing this has helped to create a tight nit business community which is a great value for any business tenant occupying space in DUMBO. In addition to his efforts to facilitate a networking friendly business environment, Walentas also went the extra mile to add value to the neighborhood by organizing events, working toward developing a park, and creating a hometown feeling. The culture that he created has attracted business and restaurants and produced quite a demand for space in DUMBO.  Given the success that Two Trees Management Company has had with this project it would seem natural that they would continue to pursue real estate rehabilitation and development. However, for a company of this size and net worth it would be a good idea for them to diversify into other areas as well. It seems that Walentas has a passion for making things better and I would speculate that he should continue fulfilling that passion.  The suggestion that the company branches out into areas that are related to real estate development, such as interior design and maintenance, makes sense. Doing this would give the company additional streams of income while eliminating the need to contract certain work out to other companies when they are in the development stage of a project. ...Show more

Summary

In the paper “Case Study: David Walentas’ Two Trees Management Company” the author analyzes entrepreneurial characteristics throughout this project Walentas faced in the form of politicized opposition, economic down turns, and undertaking a project that many would have viewed as impossible.

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