Alex Witkoff

Alex Witkoff has served as a steady steward of Witkoff, the real estate firm founded by his father, Steve Witkoff.

The son became co-CEO in 2022 and the stand-alone chief two years later, after the patriarch joined President Trump’s administration as a special envoy, globetrotting in an effort to broker world peace with notorious figures such as Russian President Vladimir Putin. Some of Witkoff’s own properties have reportedly even served as the backdrop for negotiations.

On the development front, Witkoff, the firm and the son, remain fast at work. Its Shore Club has emerged as one of South Florida’s most coveted luxury condo developments. In 2024, a $120 million penthouse condo went under contract at the oceanfront development in Miami Beach. While the transaction will only close once the RAMSA-designed development is complete, it remains Miami-Dade County’s most expensive condo sale.

Further along the coast in North Beach, Witkoff launched sales for the Ocean Terrace condo and hotel development in October, reviving the long-planned and long-stalled project. It has now nabbed more than $200 million in pre-sales.

In New York’s West Chelsea, the developer completed One High Line in 2023. Witkoff, alongside partners Access Industries and Monroe Capital, had bought the condo and hotel project with two twisting towers out of foreclosure for $900 million in 2021 mid-construction. The price tag was about the same as what the original development team had paid in 2015.

The project had been plagued with sluggish sales and conflicts of interests, and a former executive now faces a criminal trial over an alleged $86 million fraud.

But under Witkoff’s leadership, the BIG-designed development still surpassed $1.1 billion in condo sales, and a new Faena hotel opened there last year. This January, Ares Management and J.P. Morgan Chase led a $525 million debt package to refinance the 236-unit condo component.