witkoff
Witkoff Appoints Bobby Baldwin Vice Chairman of Witkoff and Chief Executive Officer of Drew Las Vegas
Witkoff | November 7, 2019
LAS VEGAS, Nov. 7, 2019 -- Witkoff has named Bobby Baldwin, renowned gaming executive, as Vice Chairman of Witkoff and Chief Executive Officer of Drew Las Vegas, a 67-story resort and casino in development on the Las Vegas Strip. Baldwin will assume his new role immediately. Partnering with a highly respected industry leader signals Witkoff's commitment to the long-term success of Drew, which will set the standard for next-generation Las Vegas luxury, and to the destination overall. With nearly 3,800 rooms, the resort will introduce a truly unique take on the Las Vegas experience, featuring a state-of-the-art casino, an innovative collecti...
Marriott International and Witkoff to Develop Integrated Resort and Casino, The Drew Las Vegas, Debuting EDITION Brand and Marking The Strip’s first
Marriott International | February 12, 2018
LAS VEGAS – February 12, 2018 – Marriott International, Inc. (NASDAQ: MAR) and global development firm Witkoff announced today a plan to open a new resort at 2755 Las Vegas Boulevard South. Ushering in a new era of world-class hospitality, the integrated resort and casino to be named The Drew Las Vegas will debut the EDITION brand in Las Vegas and mark The Strip's first JW Marriott. Anticipated to open in late 2020, the resort will feature nearly 4,000 rooms and suites as well as over 500,000 square feet of convention and meeting space. Once open, the hotels will be managed by Marriott International. "The Drew Las V...
Witkoff & New Valley LLC Celebrate Topping Out of The West Hollywood EDITION Hotel and Residences
Witkoff | October 6, 2017
NEW YORK--October 6, 2017 -- Witkoff, a global real estate development and investment firm, and New Valley LLC, the real estate subsidiary of Vector Group Ltd. (NYSE: VGR), announced today the topping out of The West Hollywood EDITION Hotel and Residences, an innovative two-tower development that is poised to redefine luxury lifestyle in West Hollywood. This bold, high-profile project is the west coast flagship of the EDITION brand and marks Witkoff's entry into the Los Angeles market. Designed by renowned architect John Pawson in collaboration with Ian Schrager, The West Hollywood EDITION Hotel and Residences will feature 190 stylish g...
Witkoff, Together with New Valley LLC, Acquires “Undervalued” Las Vegas Hotel, Formerly Known as the Fountainbleau, for $600 Million
Witkoff | August 30, 2017
NEW YORK-August 30, 2017-Witkoff, a global real estate development and investment firm, together with New Valley LLC, an investment company owned by Vector Group, today announced that they have acquired the significantly undervalued resort hotel located at 2755 Las Vegas Boulevard South in Las Vegas (formerly known as the Fountainbleau), for $600 million. The acquisition, which was acquired at a substantial discount to replacement cost, a core part of Witkoff's investment strategy, marks the Company's foray into the supply-constrained and fundamentally strong Las Vegas market. Witkoff spent four months conducting its due diligence on th...
