Witkoff is a privately held, global real estate development and investment firm headquartered in New York City. Many retailers are struggling to adapt to market changes, including the growth of e-commerce, the decline of large department stores and a growing preference for engaging experiences that transcend the routine shopping trip. The Best Real Estate Opportunities for Founded by Steven Witkoff in , the firm is a market leader in the ownership and development of premier residential, hospitality, office, retail, and mixed-use projects in major cities both in the United States and abroad. More from this author. Witkoff specializes in identifying and acquiring undervalued properties in key central business district locations as well as assets with strong repositioning potential in gateway markets.