Tilman Fertitta, the billionaire behind an expansive casino and restaurant empire, recently made headlines when he acquired Keens Steakhouse in New York for $30 million – marking an historic acquisition outside his usual acquisitions through Landry’s, such as Morton’s Steakhouse, Del Frisco’s Steakhouse or Mastro’s restaurants. This landmark deal represented another step forward for Fertitta as he expanded his holdings by purchasing Keens.
A Gem in the Heart of New York
Keens, located near Herald Square and nestled within Midtown Manhattan, boasts an illustrious past; initially serving as home for London-based theater group before conversion into a steakhouse by Albert Keen in 1885. Fertitta expressed his fondness for Keens as one of New York’s jewels while promising to continue providing their excellent dining experience renowned throughout their existence.
This steakhouse is widely known for their iconic 26-ounce mutton chops – now made out of lamb rather than mutton! These iconic chops have drawn high-profile patrons like Anthony Bourdain to patronise this establishment over time and even served as inspiration for memorable scenes in popular culture such as that featured in 2013 movie Wolf of Wall Street (where dining scenes can also be found there).
George Schwarz, a radiation oncologist who took over Keens in 1978 as part of his estate following his death in 2016, instituted significant renovations before leaving ownership to Fertitta after her passing in 2016. Keens under GM Bonnie Jenkins has expressed great trust that Fertitta will honor and preserve Keens’ rich dining history for future generations to enjoy.
Fertitta’s Expanding Empire
Tilman Fertitta boasts an estimated net worth of more than $10 billion and owns both the Houston Rockets NBA team and Golden Nugget casino chain through Landry’s. Recently he became one of the largest shareholders for Wynn Resorts as well as building an iconic tower casino resort on Las Vegas Strip; and more recently added Keens Steakhouse into his extensive portfolio bringing history, tradition and new investment options into play.
Fertitta’s dedication to maintaining Keens Steakhouse’s heritage and traditional charm have been met with delight from all involved, portending an exciting future under his stewardship.
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