Billionaire Tilman Fertitta has made a significant purchase by acquiring the iconic Keens Steakhouse in New York City for $30 million. Fertitta, a casino and restaurant tycoon, expressed his admiration for the restaurant, calling it a “New York jewel” and ensuring that Keens will continue to offer one of the best dining experiences in the city.
Despite already owning high-end restaurant brands such as Morton’s the Steakhouse, Del Frisco’s, and Mastro’s under Landry’s, Fertitta opted to purchase Keens independently. The steakhouse, located in Midtown Manhattan near Herald Square, has a rich history dating back to 1885 when it was acquired by Albert Keen. Keens is renowned for its 26-ounce mutton chops, a favorite among patrons, with notable figures like Anthony Bourdain, Theodore Roosevelt, and Babe Ruth having frequented the establishment.
Moreover, Keens has also gained popularity as a filming location, notably appearing in the movie “Wolf of Wall Street” during a lavish dinner scene featuring Leonardo DiCaprio. Following a renovation in 1978 by radiation oncologist George Schwarz, the steakhouse has been under the ownership of his estate until Fertitta’s recent acquisition.
With a net worth exceeding $10 billion, Fertitta’s portfolio includes ownership of the NBA’s Houston Rockets and the Golden Nugget casino chain through Landry’s. Additionally, he has become the largest shareholder in Wynn Resorts and is currently developing a 43-story, 2,420-room casino resort on the Las Vegas Strip.
Regarding the acquisition, Keens General Manager Bonnie Jenkins expressed confidence that the historic brand’s legacy would be preserved under Fertitta’s ownership. The commitment to maintaining the restaurant’s heritage and reputation aligns with Fertitta’s vision for Keens to remain a top dining destination in New York City. By adding Keens to his portfolio, Fertitta continues to expand his presence in the hospitality industry, solidifying his position as a prominent figure in the business world.
