New England Development (NED) is one of the nation's premier real estate development and management companies, led by Chairman Stephen R. Karp, Vice Chairman Steven S. Fischman and President Douglass E. Karp. As part of NED's national portfolio that includes retail, mixed-use and hospitality assets, plus marinas and golf courses, the company operates luxury hotels on Nantucket, MA & Palm Beach, FL, including White Elephant and The Wauwinet, all gathered under the name White Elephant Resorts.
New England Development also developed and manages the 440,000 SF Palm Beach Outlets in West Palm Beach and the adjacent 300,000 SF Marketplace at the Outlets, located directly off Interstate 95 on Palm Beach Lakes Boulevard in West Palm Beach, FL.