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31

Witkoff Grabs Unfinished Fontainebleau in Vegas for $600M

By Tony Seruga

The real estate firm partnered with New Valley LLC on the purchase of the partially completed hotel casino project from Icahn Enterprises.

Witkoff is the proud new owner of the partially completed hotel casino development at 2755 Las Vegas Boulevard South, also known as the Fontainebleau project that never was. Witkoff and investment company New Valley LLC acquired the asset from Icahn Enterprises LP for $600 million.

“2755 Las Vegas Boulevard South is one of the best physical assets in the country, which is one of the reasons we were attracted to it,” Steve Witkoff, chairman and CEO of Witkoff, said in a prepared statement…

Witkoff Grabs Unfinished Fontainebleau in Vegas for $600M

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