Steve Witkoff

Birthday March 15, 1957

Birth Sign Pisces

Birthplace New York City, U.S.

Age 67 years old

Nationality United States

#53770 Most Popular

1957

Steven Charles Witkoff (born March 15, 1957) is an American real estate investor and landlord based in New York City, and founder of the Witkoff Group.

Witkoff was born to a Jewish family in the Bronx and raised in Baldwin Harbor, New York and Old Westbury, New York, the son of Martin and Lois Witkoff.

His father was a manufacturer of ladies' coats in New York City.

He earned a J.D. from Hofstra University.

After school he worked for the real estate law firm Dreyer & Traub, where one of his clients was Donald Trump.

1985

In 1985, he partnered with fellow Dreyer & Traub attorney Laurence Gluck and founded Stellar Management (the name Stellar is derived from Steve and Larry) and purchased cheap buildings in Washington Heights, Manhattan.

1987

In 1987, he married Lauren Rappoport.

They have three sons.

1995

He accumulated a small portfolio of buildings and in 1995, he expanded into lower Manhattan, buying several cheap office buildings.

1996

In 1996, he was able to secure financing from Credit Suisse First Boston for the purchase of 33 Maiden Lane, a 27-story tower designed by Philip Johnson.

A close relationship with Credit Suisse First Boston soon developed and Witkoff was able to purchase additional properties - typically using very little of his own money - including the landmark News Building.

1998

In 1998, he and partner Rubin Schron purchased the Woolworth Building for $137.5 million and he expanded his portfolio to include real estate purchases in Chicago, Dallas and Philadelphia.

In 1998, the planned IPO of his company was cancelled due to the collapse of the real estate market and Witkoff and Gluck dissolved their partnership with Gluck taking the residential properties and Witkoff the office buildings.

Witkoff founded the Witkoff Group and expanded into residential construction and rehab.

2011

In 2011, their son Andrew died of an OxyContin overdose at the now-closed Sunset Plaza Drive sober living facility in California.

2013

As of 2013, Witkoff owned about 30 properties in the United States and London.

In November 2013, the Witkoff Group announced their purchase of the Helmsley Park Lane Hotel (New York).

2017

In August 2017, Witkoff purchased the unfinished Fontainebleau Resort Las Vegas in Las Vegas.

2018

In February 2018, he announced the former Fontainebleau will be developed and open in 2020 as The Drew Las Vegas, named after Witkoff's son, Andrew (nicknamed "Drew"), who died of a drug overdose in 2011.

The Drew Las Vegas will open in partnership with Marriott International Inc., and will be the first JW Marriott on the Las Vegas Strip.

2019

In April 2019, Witkoff announced that the Drew's opening will be pushed back to the second quarter of 2022 to allow more certainty about his construction project.

2020

The property was previously scheduled to open in late 2020.

Witkoff lives on the Upper East Side in Manhattan.