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Latest DUMBO, Brooklyn Stories

2006-06-12 08:35:00

By Daniel Trotta NEW YORK (Reuters) - As they say in Brooklyn, David Walentas walks around the neighborhood like he owns the place. That's because he does. Well, almost all of it. "The Starbucks isn't mine," says the developer. Walentas, 67, bought most of the 12-square-block Brooklyn neighborhood called Dumbo from real estate tycoon Harry Helmsley in 1979, paying $12 million for 2 million square feet of space, and eventually bought nearly all of the rest. Since then he has single-handedly...

2006-06-12 07:35:00

By Daniel Trotta NEW YORK (Reuters) - As they say in Brooklyn, David Walentas walks around the neighborhood like he owns the place. That's because he does. Well, almost all of it. "The Starbucks isn't mine," says the developer. Walentas, 67, bought most of the 12-square-block Brooklyn neighborhood called Dumbo from real estate tycoon Harry Helmsley in 1979, paying $12 million for 2 million square feet of space, and eventually bought nearly all of the rest. Since then he has single-handedly...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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