In any timeline of luxury hospitality, the original Waldorf Astoria hotel in New York, which was completed in 1931, stands tall. For more than three decades, it literally was the worldโ€™s tallest and largest hotel, with a towering, delicious history: Its very inception was the result of a fierce feud between two branches of the Astor family. Renowned for its galas and philanthropic spectacles, the Waldorf Astoria was home to Herbert Hoover and Frank Sinatra. By midcentury, the iconic property, handpicked by Conrad Hilton, was being managedโ€”then ownedโ€”by Hilton Hotels; in 2006, the hotel became the flagship for the Hilton sub-brand that bears its venerable name. Now, with the Manhattan property in the midst of a six-year renovation (its reopening is expected in 2023), the brand has broken ground again, both literally and figurativelyโ€”this time in Miami. In a nod to its indelible name and past, the project, designed by Carlos Ott and Sieger Suarez, will be tallest residential tower south of New York City. In addition, a less tangible but no less significant marker has been laid down: Developer PMG announced a partnership with leading U.S.-regulated cryptocurrency platform FTX to accept cryptocurrency for purchasing residences at the Waldorf Astoria Residences Miami (and at PMGโ€™s E11even Hotel & Residences). The developer is the first in the United States to accept cryptocurrency for pre-construction condominium deposits. With great fanfare, PMG and FTX hosted a real estate and cryptocurrency roundtable event at the Waldorf Astoria Residences Miami sales gallery, led by FTXโ€™s vice president of business development Avinash Dabir. This announcement represents a mutually beneficial synergy encompassing FTXโ€™s first entry into the real estate market, further establishing PMG as a trailblazer in the real estate industry, and FTX as an innovator in the cryptocurrency financial services space.

The first two things you realize about Bruce Turkel when you meet him is that heโ€™s haimishโ€”one of those nearly untranslatable Yiddish words that means a mixture of warmth, familiarity and unpretentiousnessโ€”and that heโ€™s a talker. The founder of Turkel Brandsโ€”heโ€™s also a motivational speaker and authorโ€”arrives to the table of conversation voraciously. But if Turkel is living his bliss, his new bookโ€”Is That All There Is?โ€”came about from conversations heโ€™s had that reflect a pervasive sense of unfulfillment and unease, even among those who seem, by all appearances, to be successful. Turkel talked to SFBW about purpose, passion and pay. And singing. Hereโ€™s a good place to start, given your advertising and branding expertise. Iโ€™m an avid Mad Men fan, and your book made me think of Don Draper remarking, โ€œI was raised in the '30s; my dream was indoor plumbing.โ€ This showed that even then, more than 50 years ago, he was out of step with what fulfilled people. Even the Peggy Lee song that shares the title of your book, โ€œIs That All There Is?,โ€ was written in the 1960s. I have found that what you are saying is exactly the zeitgeist of our times. For anyone who has some degree of success, you think, what right do I have to be unhappy with this? My grandfather came from Poland, and if I would have said, I donโ€™t find my job fulfilling, he wouldnโ€™t have even understood the language I was speaking, even though he spoke English by the time I was born. He could not have conceived of it. I pretty much have learned that thereโ€™s only around six acceptable careers, for those with an immigration background: accounting, architecture, law, medicine, teaching and businessโ€”and that was it. You couldnโ€™t do anything else, because what kind of job was that? What right do I have to complain? There are people who canโ€™t feed their families. And in researching your book, you found this nagging dissatisfaction to be ubiquitous? As you get closer to self-actualization, then you start to get these feelings. Every person I spoke toโ€”and I interviewed about 50 people, and profiled 14 of them in the bookโ€”every person has this issue, and every person looks to different ways to deal with it. I thought, mistakenly, when I started, that Iโ€™d be talking to people in their 70s and 80s, but I kept getting referred to younger and younger people who were successful, who were saying, โ€œYeah, but now what?โ€ Whatโ€™s the way out of what can be a very depressing trap? I think thereโ€™s just this enormous sense of, thereโ€™s got to be something else, I need to do something else. And based on what modern society gives us, and based on what science has taught us, a lot of the old rules donโ€™t work. If you are spiritual or religious, and that works for you, fantastic, but I didnโ€™t find a lot of people who said that that was the panacea for them. Rather, what mattered to them were the three Ps: purpose, passion and pay. They didnโ€™t express it in these terms, but those were the patterns. The obvious one, pay, does not necessarily mean money. It could be โ€œattaboysโ€ or being creative, seeing an idea to fruition. Purpose is basically, why are we here? And passion is, what is it that turns you on? What is it that matters? And the people who find a combination of those things are the people who are the happiest.