Park Lane Hotel

Set on Central Park South in Manhattan’s prestigious Plaza District, the Park Lane Hotel offers guests incomparable Central Park views paired with unparalleled access to one of the world’s most influential business districts, ultra-luxury shopping destinations, critically acclaimed restaurants, and internationally renowned cultural institutions. Park Lane’s 46-story limestone façade was designed in a modernist/post-modernist style with sleek black glass windows in 1971 by legendary architecture firm, Emery Roth & Sons. It offers 631 guest rooms, a 24-hour fitness center, and pet-friendly accommodations. The Park Room Restaurant, overlooking Central Park, offers fine dining, and Harry’s New York Bar & Lounge (named for original owner Harry Helmsley) serves wine, cocktails, and light snacks.

www.parklanenewyork.com

Daily News Building

The Daily News Building, one of Witkoff’s highest profile acquisitions, is a 1.2 million square foot, 476-foot high skyscraper in Midtown Manhattan. Built between 1929 – 1930 and designed by architects Raymond Hood and John Mead Howells in the Art Deco style, it was designated a New York City Landmark in 1981 (interior in 1998) and a National Historic Landmark in 1989. Following acquisition in 1996, Witkoff implemented a complete overhaul of building operations, including a substantial reduction in operating expenses, a rigorous capital improvement plan, and repositioning. Subsequently, the building achieved 100% occupancy, including attracting Omnicom, one of the world’s largest advertising agencies.

1745 Broadway

1745 Broadway, also known as the Random House Tower and the Park Imperial Apartments, is a 52-story mixed-use commercial office space and luxury residential condominium property located in Midtown Manhattan. Skidmore, Owings & Merrill designed the office portion of the tower, which is on the lower floors, and Ismael Leyva Architects and Adam D. Tihany designed the residential portion, which is on the upper floors. The commercial portion is occupied by Random House.

420 Fifth Avenue

420 Fifth Avenue is a 28-story Class A office tower that occupies the entire block between 37th and 38th Streets in Midtown Manhattan. This prime location in the heart of the largest central business district in the world is exceptionally accessible to and from the entire metropolitan region via mass transportation at Grand Central Station, the Port Authority Bus Terminal, and Penn Station. Witkoff acquired four contiguous floors of 420 Fifth Avenue comprising a total of 119,000 square feet in 2006. This space is fully leased to three high-profile corporate tenants: Major League Soccer, Totes Isotoner Corporation, and Fox-Pitt Kelton.

866 Third Avenue

Located in Midtown East on Third Avenue between 52nd and 53rd Streets, 866 Third Avenue is a 31-story mixed-use building acquired by Witkoff in 1997. Following acquisition, Witkoff optimized the building’s value by creating three condominiums. Ground floor retail, which is retained by Witkoff, is fully leased. Floors 2 – 11 were sold to Memorial Sloane Kettering in 1997. Floors 12 – 31 were sold to Marriott International in 2004 and operate as a Courtyard Marriott Hotel.

485 Lexington Avenue

485 Lexington Avenue is a 756,000 square foot, 32-story office tower located in Midtown Manhattan in close proximity to Grand Central Terminal. In 2004, Witkoff acquired this property in partnership with SL Green Realty Corporation. Together, the two firms undertook a major capital investment and remarketing program, which resulted in significant value appreciation.

234 West 48th Street

Witkoff acquired a land ownership interest in 234 West 48th Street, a property ideally located in the heart of Manhattan’s Theater District near the city’s top tourist attractions, including Times Square, Rockefeller Center, the Museum of Modern Art, and Central Park, among many others. The property is home to The Gallivant Times Square, a high-end 336-room boutique hotel offering on-site concierge, fitness center, boardroom-style meeting space, and business center.

370 Lexington Avenue

In 1996, Witkoff acquired a multi-tenanted 247,000 square foot Art Deco style office building in a structured, tax-efficient manner via a leasehold/fee structure. Located at 41st Street and Lexington Avenue in Midtown Manhattan, it provides excellent access to Grand Central Terminal.

301 West 53rd Street

301 West 53rd Street is a 25-story, 264-unit luxury apartment building in Midtown Manhattan. In 1999, Witkoff acquired this property along with a partner from the original developer. Following acquisition, Witkoff implemented an active management plan addressing both leasing and operational objectives. Witkoff sold this property in 2005.

590 Fifth Avenue

590 Fifth Avenue is a commercial office and retail property in Manhattan’s prestigious Plaza District. Witkoff acquired this property in 1998 through the purchase of a note from a Japanese institutional lender and completed the lease-up.