STEAK HOLDER: Billionaire Tilman Fertitta Buys Historic NYC Steakhouse

Billionaire Tilman Fertitta just paid the biggest bill for steak in history. The casino and restaurant tycoon recently purchased the iconic Keens Steakhouse in New York City for $30 million.

Billionaire casino owner Tilman Fertitta likes steak. (Image: background courtesy Keens Steakhouse, foreground courtesy NBA.com)

“This is a New York jewel,” Fertitta told Bloomberg, promising that Keens will “continue to be one of the best experiences in New York City.”

Fertitta already owns Landry’s, a high-end restaurant brand that includes Morton’s the Steakhouse, Del Frisco’s and Mastro’s. He purchased Keens by himself, not through Landry’s.

Keens Interest

Keens is located in Midtown Manhattan by Herald Square, in a museum-like building that once housed a London-based theater group. It’s been a steakhouse since Albert Keen bought the 16K square-foot property in 1885.

Keens is famous for its 26-ounce mutton chops, though they’re now made from lamb instead of mutton. Anthony Bourdain was a regular, and its Pipe Club once boasted Theodore Roosevelt and Babe Ruth as members.

You might have also spotted Keens as the setting for a lavish dinner Leonardo DiCaprio’s character enjoyed with his colleagues in 2013’s “Wolf of Wall Street.”

In 1978, a radiation oncologist named George Schwarz bought and renovated the place. His estate has owned it since he died in 2016.

Fertitta, who is worth more than $10 billion, also owns the NBA’s Houston Rockets and, via Landry’s, the chain of Golden Nugget casinos. He recently became the largest shareholder in Wynn Resorts and is currently building his own 43-story, 2,420-room casino resort on the Las Vegas Strip.

“I believe George would be happy to know that our new owner, Tilman Fertitta, is committed to maintaining the legacy of our historic brand,” Keens GM Bonnie Jenkins told Bloomberg.

Corey Levitan joined Casino.org in 2022 after a long career covering Las Vegas. He currently covers entertainment, dining and gaming news in Las Vegas.

Corey spent six years covering the Vegas Strip for the Las Vegas Review-Journal, where he also wrote the most popular humor column in the city’s history. (For “Fear and Loafing,” he tried out 176 Vegas jobs, including poker player, blackjack dealer and Follie Bergere dancer.)

Corey has won more than 100 local, state and national awards for his journalism, which has also appeared in Rolling Stone, New York Magazine and the New York Post.

Corey is a New York native whose hobbies include playing guitar, trying to be a better husband, and arguing with strangers on Facebook.

Contact Corey at corey@casino.org.

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