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PROFILEmiami

Witkoff Group and PPG Development Lock Down $273 Million Construction Loan For Shell Bay

Witkoff Group and PPG Development have closed on $273 million in construction financing for Shell Bay, a private 150-acre, Mediterranean inspired Miami enclave featuring forthcoming Auberge-branded residences and a hotel, as well as the region’s first private golf club in decades.

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The Real Deal

Witkoff, Ari Pearl land $273M construction loan for Shell Bay in Hallandale Beach

Construction of Auberge-branded condo and hotel are underway.

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Bloomberg

JPMorgan, BDT & MSD Lend $273 Million for Luxury Florida Condos

JPMorgan Chase & Co. and BDT & MSD Partners provided a $273 million construction loan for an upcoming luxury residential project north or Miami centered around a private golf club.

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New York Post

Celeb-filled NYC condo building offering parking spots for $500k

Celebrities Ben Stiller, Jon Bon Jovi, Irina Shayk, and other wealthy residents of 150 Charles St., won’t have to go dar to reach their wheels.

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Bloomberg

JPMorgan Leads Nearly $1.2 Billion Financing for New York Towers

JPMorgan Chase & Co. and Tyko Capital, which is backed be Elliott Investment Management, have provided nearly $1.2 billion financing for luxury towers on Manhattan’s west side.

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Dezeen

BIG completes twisted One High Line skyscrapers in New York

Danish architecture studio BIG has completed two residential skyscrapers with twisted forms alongside New York’s High Line.

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Business Insider

10 of the most exclusive golf clubs in the world - and how to get in

Take a look at almost any billionaire’s social calendar this past weekend, and you likely would have seen one thing: The Masters.

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South Florida Business Journal

Auberge to brand Shore Club condo/hotel development

A penthouse at this project is under contract for a record $120 million

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Travel + Leisure

This Iconic Miami Beach Hotel Is Getting A Massive Refresh- and Will Reopen With 3 Pools, A Rooftop Penthouse, And a Poolside Cafe

The Shore Club, which has been around since the 1940’s will reopen in 2027 as part of the Auberge Resorts Collection.

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The Real Deal

What's driving billionaire buyers to Miami's most expensive penthouses

Developers are keeping prices, unit details close to the vest to lure the elite.

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New York Post

A Miami Beach penthouse is poised to sell for more than $120M- and will break an area sales record

An oceanfront penthouse in Miami Beach is in contract for a staggering sum exceeding $120 million. If sealed at this price, the deal would shatter previous records and secure its position as the most expensive condominium ever sold in the Miami area.

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The Wall Street Journal

A $120 Million Penthouse Will Become the Miami Area's Most Expensive Home

The oceanfront condo spanning about 10,500 square feet is located at the Shore Club in Miami Beach

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Commercial Observer

Steven and Alex Witkoff

New York City landlord Steven Witkoff and his namesake business have been a major force in Miami’s real estate market for nearly a decade.

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Forbes

Shell Bay: Golf's Newest $1 Million Club Towers Above Miami Market

There are way more people who want an amazing golf experience in the Miami region than there are available amazing golf experiences.

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Shell Bay Announces $100 Million Sales Success At The Residences Since October

Shell Bay, an extraordinary 150-acre sanctuary nestled in the heart of Miami, is proud to announce its remarkable success at The Residences at Shell Bay.

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The F1rst Call

Greg Norman opens Florida's Shell Bay

After nearly two decades since the last private golf club opened in the Miami, Florida, area, real estate development firms Witkoff Group and PPG Development unveiled The Shell Bay Club in October.

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The Wall Street Journal

New York's Real-Estate Market Scores Major Deal on the High Line

A $49 million condo in Chelsea has found a buyer.

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The Real Deal

Witkoff, Access take over troubled Banyan Cay Resort, scores $75M loan

Witkoff and Len Blavatnik’s Access Real Estate have taken over ownership of the troubled Banyan Cay Resort & Golf Club project in West Palm Beach, and landed a $75 million loan from the seller.

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Nasdaq

Would You Pay a $1 Million Membership Fee To Play Golf?

If it wasn’t already widely known as a rich person’s sport created for society’s elites, a new Florida leisure development has opened a Greg Norman-designed golf course for “connoisseurs of a life well lived.”

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New York Post

Inland Oases: Spectacular spaces in South Florida

South Florida is finite. To the east and south is the ocean. To the west are the Everglades. If you go north…well, at some point you aren’t in South Florida anymore.

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PROFILEmiami

Witkoff Reveals One-Of-A-Kind $37.5 Million Oceanfront Home

Witkoff has revealed ‘Beach House at The Shore Club Private Collection’, a one-of-a-kind oceanfront Robert A.M. Stern-designed home within The Shore Club Private Collection five star resort

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Forbes

Inside Miami's First-Ever Beachfront Home, Priced at $37.5 Million

When the Shore Club in Miami Beach, Florida opened its doors in 1949, it instantly became a hotspot for Hollywood starlets.

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Mansion Global

New York's Chelsea Neighborhood Has Defied The Housing Market Slump, Says Developer Alex Witkoff

One High Line developer Alex Witkoff talks about the neighborhood’s success and how its definition of luxury sets it apart in Manhattan.

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Golfweek

What will $1 million get you in South Florida? Check out these photos of the new golf course at Shell Bay Club

What does a $1 -million initiation fee buy you in South Florida these days?

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Ultra - exclusive private golf course opens in South Florida - with $1 million membership fee

A world class golf course, a racquet center, a private yacht club, and much more - all yours to enjoy, so long as you have a spare million dollars laying around.

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CBS

Ultra-exclusive private golf course opens in South Florida - with $1 million membership fee

A world class golf course, a racquet center, a private yacht club, and much more - all yours to enjoy, so long as you have a spare million dollars lying around.

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Golf Wire

Highly Anticipated Shell Bay Debuts As The First New Private Golf Club In The Miami Area In More Than Two Decades

Leading real estate development firms Witkoff Group and PPG Development announce today the opening of the Shell Bay Club

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Golf

This golf club costs $1 million to join. Here's what you get

If you’re in the market for a golf club membership and have $1 million(!) to spare, this new South Florida course may be just what you’re looking for.

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Bloomberg

NYC Luxury Condo Project Wants to Leave Its Troubled Past Behind

Twisted towers near Manhattan’s High Line park open after eight years and work by two development teams.

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The Real Deal

New York City's Condo Market Enjoyed The Dog Days Of Summer

Sales up 26 percent compared to pre-pandemic averages. Despite a sales dup in July, New York City’s new condo market heated up in August.

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Forbes

Inspiracion mediterranea

The Residences at Shell Bay by Auberge Resrots Collection apunta a convertirse en una comunidad de lujo dutada de un concepto arquitectonico y paisajistico capaz de inducir el surgimiento de instantes intimos y conmovedores.

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Bloomberg

At NYC's Ritzy Condo Buildings, Two Pools Are Sometimes Better Than One

Developers try to edge out competition-and avoid clashes over water temperature- by catering to both lap swimmers and families with kids.

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Commercial Observer

In What's Likely A Florida Record, Condo Project Scores $430M Loan

Witkoff Group and Monroe Capital are redeveloping an Art Deco property into the Shore Club Private Collection

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The Real Deal

Witkoff, Monroe Score $430M Construction Loan for Shore Club

J.P. Morgan provided financing for Robert A.M. Stern-designed project.

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Financial Times

JPMorgan bets on top-selling Miami condo project as other lenders pull back

South Beach development comes as the frenzied growth in the city’s property prices has slowed

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Miami Herald

This luxury community will include Miami's first new private golf club in 20 years

Hallandale Beach, just two miles north of Golden Beach, is home to one of the area’s newest luxury communities.

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The Real Deal

Penthouse in Witkoff's 150 Charles Sells for $52M

Unknown buyer paid $52M seven years after unit traded for $29M

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The Real Deal

New York City Condo Sales Strong In June, Tightening Supply

With resale inventory limited, a new construction cycle is nearing

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Hypebeast

Bjarke Ingels' Twisting Towers Are The Latest Additions To The High Line

The joint project between Bjarke Ingels, Witkoff Group’s Alex Witkoff, and designer Dan Fink features both residences and a luxurious new Faena Hotel.

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Dirt

Designer India Mahdavi Brings Maximalist Flair to New York's One High Line

New York City’s High Line, beloved by New Yorkers and tourists alike, is an elevated, 1.5-mile greenway that runs along the West Side of Manhattan.

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City Realty

Manhattan Contracts: $52 million penthouse at One High Line is 2023's highest downtown to date

The twin-towered, Bjarke Ingels Group-designed One High Line has been home to some of Manhattan’s highest weekly contracts in spring 2023.

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Designboom

BIG's 'one high line' stands completed as a pair of twisting towers in new york

This collaboration between Bjarke Ingels, co-CEO of developer Witkoff Group, Alex Witkoff, and acclaimed designer Dan Fink has at last taken shape as a completed landmark in New York.

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The Real Deal

One High Line penthouse asking $52M snags contract

The rebranded One High Line in West Chelsea could soon see one of its biggest success stories yet

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Wallpaper

One High Line's twisting towers by BIG dance in New York

One High Line by Bjarke Ingels’ BIG is completed in New York, including a home interior by designer Dan Fink.

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Commercial Observer

Steven and Alex Witkoff. Chairman, Co-CEO, founder; Co-CEO at Witkoff Group

Steven Witkoff and his namesake business have been a major force in Miami’s real estate marker for nearly a decade.

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Mansion Global

New Launches Push Miami's Luxury Inventory Forward

These five new developments offer next level amentities, including hammam spas, fitness pavilions and deep-water marinas.

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PROFILE Miami

Witkoff and PPG Reveal The Residences At Shell Bay With Auberge Resorts Collection Featuring Miami's First New Golf Course In 25 Years

Leading visionary real estate development firms Witkoff and PPG have revealed The Residences at Shell Bay, an unmatched new luxury destination.

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Robb Report

Inside Miami Area's Newest Homes, The Residences at Shell Bay

Greater The Residences at Shell Bay will have 108 elegant residences, a Greg Norman-designed golf course and direct water access.

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Golf

Greg Norman's next new venture? This Miami-area golf course

From his home base in Florida, Greg Norman has been working on a big money venture, something intended to shake up the golf landscape.

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New York Post

South Florida welcoming its first new golf club in decades

Greater Miami’s first new golf club in decades is launching next fall — with million-dollar initiation fees.

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Robb Report

Inside Bjarke Ingels’s Stunning Pair of Twisting Condo Towers in New York City

One High Line takes up an entire block in West Chelsea with incredible Hudson River views. Here's a look inside.

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Architectural Digest

India Mahdavi Brings a Splash of Color to the High Line

The Iranian French architect recently designed a model residence at One High Line in New York’s West Chelsea neighborhood

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Shore Club to Become Auberge as Miami Beach Board Denies Rehearing

Witkoff and Monroe’s plans to redevelop the Shore Club — and rebrand it as Auberge — are moving forward.

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The Real Deal

Flipping crazy: South Florida’s top resi flips of the year so far, ranked

The frenzied South Florida market has finally begun to mellow, offering an opportunity to survey how much the landscape has changed since the pandemic’s migratory buyers came flocking.

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Ocean Drive

Witkoff Expands Footprint Into South Florida

It is no surprise that the real estate and development market in Miami is reaching record highs. Because of this, many companies have seen the opportunity to pivot into a new market, and that is exactly what happened with Witkoff.

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Bloomberg

Manhattan High Line Condo Project Gets Fresh Start With New Name

West Chelsea’s XI is rebranded One High Line as its new developers, Blavatnik’s Access Industries and Witkoff Group, prepare to restart sales.

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The Real Deal

One High Line launches sales, says goodbye to the “XI”

First units at rebranded condo project slated for next summer

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CNBC

It’s the greatest momentum trade I’ve ever seen, says Witkoff CEO on recent rise of NYC real estate

Steven Witkoff, chairman and CEO of Witkoff, joins ‘Closing Bell’ to discuss why there’s a boom in the real estate market in NYC.

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New York Post

Real estate mogul Steve Witkoff buys troubled ‘Twists’ tower project in Chelsea for $900M

Partnered with billionaire Len Blavatnik’s Access Industries, New York developer Steven Witkoff’s Witkoff’s Group snared the bankrupt, $2 billion, twin-towered condo project in a public debt auction on Thursday.

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The Real Deal

Witkoff and Access Industries buy HFZ’s languishing XI condo project

Steve Witkoff and Len Blavatnik are the new owners of the stalled XI condo project.

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Real Estate Weekly

All Black team aiming to develop first skyscraper built by African Americans in NYC history

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An all-star team of Black architects, developers, builders and lenders is bidding to develop the first skyscraper built by African Americans in the city’s history.

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Commercial Observer

Witkoff, PPG Recap South Florida Golf Course with $55M ConnectOne Loan

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The loan comes as part of a larger move from The Witkoff Group and PPG Development to form a joint venture to expand the golf course resort.

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Commercial Observer

JPM, MRECS Refinance Witkoff’s West Hollywood EDITION With $230M Loan

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Witkoff has landed a $230 million refinance of its West Hollywood EDITION Hotel Commercial Observer has learned.

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CNBC

Steven Witkoff says price correction, low rates are driving home sales in NYC

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Manhattan real estate is making a comeback. March residential sales have hit their highest level in 14 years. Steven Witkoff, chairman and CEO of Witkoff, joins ‘Closing Bell’ to discuss the surge of sales in Manhattan.

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Urbanize Los Angeles

Construction Goes Vertical for "The Park" in Santa Monica

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Six months after breaking ground in Downtown Santa Monica, the arrival of a tower crane signals the start of vertical construction for ”The Park.”

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Bisnow

Experiences Take Center Stage As Hotels Work to Woo Travelers

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Consumers are flocking online for everything from grocery shopping to dating, but in the real world, they are spending more of their money on experiences over material items.

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Miami Herald

The New York-based real estate development firm Witkoff is expanding to Miami

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After three decades based exclusively in New York City, the real estate investment and development firm Witkoff is expanding beyond the Big Apple to the Magic City.

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Wallpaper

We visit John Pawson and Ian Schrager's latest collaboration in West Hollywood

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We Visit John Pawson and Ian Schrager’s latest collaboration in West Hollywood

Designed by John Pawson, the Edition Hotels and Ian Schrager’s latest offering, The Residences at the West Hollywood Edition, bring together Los Angeles lifestyle and contemporary design

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Architectural Digest

The Future of Design

AD uncovers the world’s leading innovations in transportation, travel, cities, homes, and workplaces

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Mansion Global

Manhattan Developer Sells His Downtown Penthouse for $33 Million

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Architectural Digest

Martyn Lawrence Bullard Designs the Whitley, WestEdge Opens This Weekend, and More News in Los Angeles

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Santa Monica Daily Press

Downtown has a new "Park"

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A large development at 500 Broadway that has been in the works for five years officially has a name and an opening date.

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Robb Report

Tribeca Unveils David Mann-Designed Model Residences

Closings are officially underway at 111 Murray Street, the glass tower designed by architecture firm Kohn Pedersen Fox.

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New York Times

Interior Design, Front and Center

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Interior Design, Front and Center

Hiring a high-profile architect used to be all it took to sell a new building. But now buyers want to see the interiors fully designed, as well.

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The Hollywood Reporter

L.A.'s New A-List Hotel Residences

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L.A.'s New A-List Hotel Residences

Hotel residences from Century City to Staples Center are luring a new tribe of would-be Eloises with amenity-rich vertical living.

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Robb Report

Here's Your Chance to Buy a $15 Million Penthouse Overlooking West Hollywood's Sunset Strip

Located in the top floor of the hotel, the single-story, four bedroom penhouses offer 180 degree space, while Penthouse B spans 3,848 square feet.

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Forbes

Los Angeles' Panoramic Penthouse Listings Are Rarified Air

The Residences at The West Hollywood Edition unveiled a pair of extravagant penthouses on the top floor above Edition Hotel, courtesy of Ian Shrager and designer architect John Pawson.

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Curbed Los Angeles

Mapping the fancy new developments headed to Sunset Strip

The West Hollywood Edition will be a two-building project, with nearly 150 hotel rooms and 20 very high-end condos with terraces and outdoor kitchens.

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The Urban Developer

America's Best Houses of 2018

The American Institute of Architects has announced the winners of its annual housing awards, with 11 residential projects taking out line honours for North America's best new housing of 2018.

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The Wall Street Journal

Penthouse for 'Health-Conscious' Buyer Lists for $40 Million

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Penthouse for 'Health-Conscious' Buyer Lists for $40 Million

A penthouse in a new Manhattan tower with a Turkish bath and a residents-only blowout bar is hitting the market for $40 million.

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Wallpaper

John Pawson reveals latest residential offering in Los Angeles

The Residences at The West Hollywood Edition are set to be one of Los Angeles' most highly anticipated projects to date.

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Architectural Digest

Witkoff Debuts John Pawson-Designed West Hollywood Edition Residences

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Witkoff Debuts John Pawson-Designed West Hollywood Edition Residences

Ever stayed in a hotel and thought, I wish I could just move in? Well, this newly announced Los Angeles project may be your best chance.

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CNBC

Trump is a Risk Manager

Steve Witkoff, Witkoff Group chairman & CEO, discusses the outlook for getting tax reform out of Washington D.C.

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PropertyShark

Top 10 Best-Selling NYC Buildings Mid-Year 2016

10 Madison Square West ranked in top ten residential buildings and complexes with the most sales closed in the first 6 months of 2016.

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Multi-Housing News

Witkoff's 150 Charles Street Awarded LEED Gold

Manhattan's West Village increased its count of sustainable developments as Witkoff announced the U.S. Green Building Council awarded LEED Gold certification to 150 Charles Street.

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CityRealty

COOKFOX's 150 Charles Street Attains LEED Gold Certification

There's a small breed of developers that sets their product apart both in terms of quality provided to buyers and in terms of the overall social consciousness conveyed by their developments.

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Inc.

Self-Made Success: How one NYC Mogul Built an Empire out of $20,000

An exclusive interview with real estate magnate Steve Witkoff: lessons from life, luck, and a long friendship with the POTUS.

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Fox Business, Varney & Co.

Trump's Friend on Advising the President

Witkoff CEO and Chairman, Steve Witkoff, discusses President Trump's pro-growth agenda.

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Bloomberg

Steve Witkoff: Will Finally See Growth, Infrastructure Spending

Steve Witkoff, Founder, Chairman and CEO of Witkoff, on regulatory reforms under a Trump Presidency, and expected growth and infrastructure spending.

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Bloomberg

Witkoff Group CEO Says Russia a "Red Herring" for Trump

Steve Witkoff, chairman and chief executive officer at Witkoff Group, explains why he trusts that President Donald Trump will be good for his business and the U.S. economy.

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Fortune

One of Donald Trump's Oldest Friends Also Wants to Repeal Dodd-Frank

Repeal Dodd-Frank or admit that you're satisfied with a miserable outlook for economic growth forever. That's not just the apparent opinion of Donald Trump, but also one of his oldest friends.

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The Real Deal

Developer Steve Witkoff on why LA is a good, cheap bet for the next Edition

Developer has 50% interest in new West Hollywood hotel.

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Mansion Global

Developers Are Catering to High-End Buyers with Cutting-Edge Features

When luxury developers plan their next projects, much thought goes into the amenities and features that will entice buyers.

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Haute Residence

Rising Reinvented Hotels

Developer Steven Witkoff is repurposing hotels and reinventing the hospitality market through innovative collaborations with the industry's most creative talents.

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Mansion Global

Star Designers Leave Lasting Imprint on Luxury Real Estate

Like star architects, may top interior designers have achieved broad name recognition in recent years.

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9fi5th

Waking Up to Witkoff

Witkoff's 111 Murray Street pushes luxury living to new heights. Literally.

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The Real Deal

NYC Luxury Market: Manhattan Sales

You've heard the tale a dozen times before: From 2012 to 2014, Manhattan's luxury condominium market was on fire. And sometimes, even the most outlandish-sounding numbers turn out to be accurate.

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Downtown Magazine

Drybar to Open its First Private Location

For many New Yorkers, the Drybars spread around the city is a welcome breather in a busy city life. Imagine having it in your own building.

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Luxury Listings

Glam Squad

Tapping into the competition for condo amenities, Drybar at 111 Murray Street will coif residents only.

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CityRealty

Tribeca's 111 Murray Gets Craned & Readies for 810-Foot Climb

Downtown Manhattan's next cloud-buster is on the rise.

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NFL News

NFL, Cirque du Soleil to offer fans the ultimate NFL experience

The NFL, NFLPA and Cirque du Soleil, the world's leading creator of spectacular live productions, today announced plans for an NFL attraction in Times Square, a first-of-its-kind attraction in the heart of New York City. Spanning 40,000 square feet, the four-story innovative exhibit, located on the corner of West 47th Street and 7th Avenue at 20 Times Square, is set to open Fall of 2017.

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The New York Times

NFL Is Teaming With Cirque du Soleil to Draw New Fans

Cirque du Soleil, known for breathtaking acrobatics, and the N.F.L., known for bone-crushing hits, are joining forces in the latest iteration of the sports world's race for young and international fans.

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The New York Times

Amenities Replace Toys

A sprawling 14th-floor apartment at 10 Madison Square West, Witkoff's condominium conversion of a century-old showroom building at the International Toy Center, sold for $14,255,500 and was the most expensive closed sale of the week, according to city records.

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Real Estate Weekly

What’s on the inside counts as developers push the limits on lavish amenities

At the top of New York City’s luxury residential market, developers are getting more and more creative about the amenities included in their pricey buildings.

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Real Estate Weekly

As Drybar moves in, life at 111 Murray now comes with fringe benefits

In a first-of-its-kind deal, national salon chain Drybar is partnering with apartment developers to offer residents in-house blowouts.

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Inman

The how and why of 111 Murray Street

Three people involved with the development divulge the secrets to Samantha DeBianchi.

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Commercial Observer

Power 100

Steve Witkoff, CEO of the Witkoff Group.

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Los Angeles Times

Edition hotel project in West Hollywood gets $260 million in financing

LA's newest trendy boutique hotel — a luxurious 190-room property with not one but two rooftop pools — is expected to rise from the Sunset Strip this spring now that the developers have received $260 million in financing.

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The Street

Strong Dollar Not Deterring NYC Apartment Buyers Says Witkoff CEO

The strong dollar will not keep foreign investors from buying real estate in the U.S. in 2016, said Steve Witkoff, CEO of the Witkoff Group.

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