Risky business: real estate execs’ adrenaline-soaked lifestyles

New York /
Jan.January 16, 2014 03:47 PM

Instead of bragging about their latest developments at industry events, real estate executives lately are wrapped up in conversations over their adventurous lifestyle.

Take Steve Witkoff for example. As founder and CEO of real estate investment and development firm the Witkoff Group, Witkoff had a lot to tell the New York Post — like about his “aggressive” windsurfing and his newest pursuit, kiteboarding.

“I’ve done a lot of crazy things,” Witkoff told the Post. “But I have not bungee-jumped — I have no intention of doing it.”

Developer Billy Macklowe, who recently closed on a $63 million buy in the Financial District, enjoys a bit of kiteboarding himself. However, he prefers “balance” sports like skateboarding and surfing.

“I still think I’m a kid. I was active, athletic … I grew up sailing so I spent a lot of time on the water,” Macklowe told The Real Deal in a previous interview.

Christine Gagliardi, managing director of business development for TitleVest Agency, admits to the Post she is terrible at golf, the game of choice for many real estate execs. But lately, Gagliardi has been bonding with clients at the shooting range, aiming for flying clay targets with a shotgun.

“I try to match up personalities when I’m arranging these excursions,” Gagliardi explained. “I also introduce them to other people who can help them grow their business. That’s what I really enjoy. And it’s a great networking tool.” [NYP]Angela Hunt


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