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Tag Archives: New Valley

US – Witkoff and New Valley buy Fountainebleau for $600m

Billionaire investor and business magnate Carl Icahn has sold the uncompleted Fontainebleau in Las Vegas for more than four times what he bought it for seven years ago. Witkoff, a global real estate development and investment firm, together with New Valley LLC, an investment company owned by Vector Group, have acquired what they said was…