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On Board with superyacht owner and businessman John Rosatti

After he sold his last yacht, the 49.37 metre Christensen Remember When , John Rosatti was convinced that he was done with yachting. Forever. Why? “I was working on [his retaurant chain] BurgerFi and working on my car dealerships. Every time I came on the boat, I worked on my computer, had a business meeting and I did not enjoy the boat.” The man who once owned a yacht called Nice N’ Easy works constantly. “People think that I just live on a boat and I have a great life. I do have a great life but in my mind and in my business I work 24/7. I wake at night thinking about my business. Building things is my life.”

It’s been that way since he was a kid growing up in Brooklyn, New York. His parents worked hard for a living and, at the age of 13, he was pitching in to help. He tinkered with cars and with his grandfather’s 7.9 metre fishing boat. By his mid-20s he had his own business, a body shop. And the rest, well, is business history. A father of three grown-up children, he says he’d love to pass the baton to the next generation and his son, Adam, and his daughter, Angela, already work in the car and restaurant businesses.

What keeps him busy these days, aside from eight car dealerships in New York and two fine-dining Italian restaurants called Vic & Angelo’s and gastropub The Office in South Florida, is the rapidly expanding fast food franchise BurgerFi. One of the most popular items at The Office is an $18 burger and fries, so he thought he could do well with a moderately priced and tasty burger. It seems he was right. Started a little over five years ago, the hamburger chain is now worldwide. “Only two per cent of franchises ever make it to 100,” he says. “We have 83 open and over 200 sold.”

Recent investors include Jamie Wood, son of Ronnie Wood of the Rolling Stones, who snapped up 10 locations for the UK. Other locations outside the US include Mexico and Panama. Italy, birthplace of Rosatti’s grandparents, is still on the to-do list. The burger chain is growing as a healthy, fresh and all-natural option in a crowded market of cheap meat sandwiches. “It’s made fresh daily. People are being more healthy now,” says Rosatti. A fit 72 year old himself, he walks five miles every day. Still, that regimen of work and fitness, his two private jets, fleet of cars and 160mph MTI catamaran did not quite fulfil him. He was without a yacht for a few months, having found a buyer for Remember When , who kept the yacht’s crew and captain. “At first I was happy,” he says, “but then I missed the weekends; I missed being on the boat with the crew and having things to do. I had to get back in.”

Just around the time he decided to look for a replacement, Peter Thompson, a broker with Worth Avenue Yachts , came to him with the idea of buying Lady Lau . “I had never been on a Codecasa . I had never owned one, never seen one,” says Rosatti. And the yacht was bigger than he intended to buy. He was really looking for a 54.85 metre, which would fit in a slip he had at North Cove Marina near his New York apartment. But then he saw the 64.92 metre, full-displacement yacht with five decks, beautiful joinery and a massive dome that he loves, and there was no going back. “[Peter] ruined me,” he says jokingly.

Built in 2010 by the Italian shipyard for a businessman from Asia, the boat never left the Mediterranean and was in pristine condition. The decision to buy was quick. “It took me one minute,” he says. What took longer were the negotiations; the deal finally went through a few months after he made his offer. Rosatti was then able to enjoy the yacht, renamed Double Down , in the Mediterranean. Though he had never met the yacht’s former owner in person, Rosatti sent him a letter to say how much he liked the boat. “I wanted to let him know I appreciated what he had built,” he says.

Initially, Rosatti had no intention of changing the vessel since she was in excellent condition. Yet today, the upper saloon, part of the owner’s deck, where he likes to work and keep up with the news on a massive TV screen, looks quite different to what it did just a few months ago. As a builder, he could not help himself – he had to add his touch. He rented a yard in Fort Pierce, Palm Beach, and hired Taylor Lane Yacht and Ship and Buddy Haak, whom he knew from racing days, to do upgrades and repaint. For the interior, he called upon Evan K Marshall . “There was no art on this yacht, not even a lamp,” says Rosatti. Gone is an ornate silk sofa with Chinese motif. “It was a beautiful couch,” Rosatti says, just not his taste.

Marshall found frames and statues for niches and new, rich, yet more neutral, fabrics for all soft furnishings; shimmering silvers and blues now play off the high-gloss burr veneer and gold accoutrements. They provide a lovely setting for the Steinway grand piano, at the entrance to the main saloon from the aft deck, on which the rapper Vanilla Ice once played Lean On Me. Rosatti captured the moment on his phone, where he also has pictures of himself with former baseball star Mike Piazza.

Much of what was has been done is not immediately visible, including details such as replacing wood shelves inside cabinets with ventilated electronic racks. The pièce de résistance, however, is the engine room. “I did my thing to it,” says Rosatti, who found the original to be dingy and hated the fluorescent lights and colours.

Now the mechanical space gleams with new lights, fresh white paint and chrome finishes on the floor, the engines and the casing around the generators, among other places. “You can walk through here with your bare feet and go back on my white carpet and not make a stain,” says Rosatti. The huge lazarette received similar treatment.

Double Down is his first full-displacement yacht, one of the reasons he went outside the US to buy. The fact that few yards in his homeland have facilities to build 60.96 metre-plus yachts in steel is part of why they’re not doing so well, in his opinion. “Two hundred feet is really big to build in composite,” he says and, while he is convinced of the strength of the material, he believes Europeans particularly are tempted to go with the more traditional steel. He’s always looked at the future and resale value. Although Double Down was at recent boat shows in the US, she is not for sale – at least not yet. “I want to put her in charter,” he says. Four to five weeks a year would be ideal, and he’s already received enquiries for the voluminous yacht with nine cabins. Still, there is likely to be a next boat some day and he’s looking into it. I prompt him a little and he gets up from his favourite armchair and walks around the bar to grab a portfolio lying on the counter. He flips it open to a profile rendering of a sleek, modern-looking 72 metre designed by Frank Mulder. “Isn’t she beautiful?” he asks.

He really likes the craftsmanship on his first Codecasa, but he will be considering various shipyards when he’s ready to build. He’s said in the past he’s never lost money on a yacht. It still holds true today. “I buy them right and I sell them right,” he says. “But I don’t count the money and time I put into a boat.”

There is, of course, the cost of maintaining the yacht and the crew. These are some of the reasons he is looking to charter Double Down . He employs 17 crew, including a masseuse and two engineers. He likes to recruit the captain and engineers himself “because I’m nuts with the engineering”. Isn’t this different for him, I ask, to have such a large yacht and crew? “I can never find them anywhere,” he says. “This is such a big boat that you can lose 17 people.”

Later, as we tour the yacht, we walk into the crew mess, a huge, well-appointed space, where we find most of the crew assembled, enjoying some down time and freshly baked chocolate brownies. “So this is where you all are,” he says laughing. “I saw your new car, sir. Wow!” chimes one.

With yachting and cars still making him happy, Rosatti, thankfully, appears to be here to stay.

Pictures courtesy of Billy Black

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John Rosatti and 214 (62.25m) Codecasa superyacht DOUBLE DOWN

Posted October 1, 2017 in Charter by Janine St.Denis

John Rosatti purchased the 214-foot (65.25m) Codecasa superyacht in early 2015, executed an extensive refit in 2016, named it DOUBLE DOWN.

This chicly sophisticated motor yacht is outfitted to the nth degree, offering everything from innovative bi-fold sliding doors for the upper deck dining area and a striking glass elevator that accesses all interior decks, to any of the nine spacious and sumptuous staterooms that welcome up to 18 guests. The fully equipped gym, private cinema, grand piano salon, an eight-person Jacuzzi on the bridge deck are just a few other enticing amenities found aboard this resplendent yacht. “I chose DOUBLE DOWN because I loved the nine-cabin configuration since I have my three kids (plus their friends or significant others) and my friends on board,” said Mr. Rosatti.

“I have no problem filling up the cabins. Also, the general interior theme was very close to my last two yachts, REMEMBER WHEN and NICE N EASY.”

Other yachts on this owner’s resume include motor yachts THUNDERBALL and TAKE IT EASY, as well yachts from his own brand, Millennium, of which he built, owned and used several. But back to DOUBLE DOWN, Mr. Rosatti continued, “I fell in love with the owner’s deck and the aft glass convertible dining area that can be opened or closed based on the weather, offering panoramic views that are unobstructed and endless. Lastly, I also love the large glass “OTIS” elevator, which is beautiful!”

Mr. Rosatti, who is the founder of BurgerFi, The Office Delray, Vic & Angelo’s, Plaza Auto Mall and Burgerfi International, LLC, is big into boating; he’s owned 15 large yachts during his tenure in yachting. “I have always loved being on the water with my kids,” said Mr. Rosatti. “I love fast smaller boats from 30 to 70 feet and larger yachts from 50 meters and up…” This fact is compounded by the amount of time they spend on DOUBLE DOWN. “I am on board all the time,” said Mr. Rosatti, who we caught up with mid-holiday in Europe during summer 2017. “This trip, I have been on since the Barcelona Charter Show in April and will only be off for a couple of charters. I average about six months aboard per year, if not more.”

What does a typical day aboard the striking superyacht entail? “It consists of either having coffee in bed, looking out at the views from our forward-facing owner’s suite or sitting out at our private dinette,” Mr. Rosatti began. “Then we go back and meet our guests in the aft glass-dining area for breakfast and to plan our day. Usually, we start off by playing in the water, on the slide off the bridge deck and with various other water toys, like our SeaBobs, Sea-Doos, paddleboards, etc. Then we take the 42-foot MTI with Quad 300hp engines ashore and have lunch wherever we are. We’ll come back and play more, maybe take a nap and then have dinner prepared by our five-star chef or we’ll go out for local favorites.”

Many of the Rosatti’s local favorites are found in the Mediterranean. “I love cruising the Med, like Sardinia, Corsica, the Amalfi Coast, Capri, Positano, but I also like the Caribbean in the winter, such as St. Barths. I also just became a member of the Monaco Yacht Club, so I love hanging out there when I’m in port.” But one of the most unique places the yacht has visited may be Bonifacio, Corsica. “Backing in stern-to was a tremendous feeling; a 65-meter anchored there is pretty exhilarating,” said Mr. Rosatti.

While Mr. Rosatti has chartered out other yachts in the past, it’s not something he’s likely to do now, “As you can see, I always have to have my own,” he said. But his yacht is available for charter because “…it gives the crew a level to always achieve, so they are not always gauging it based off us. I believe in keeping DOUBLE DOWN in five-star condition.”

The yacht is in tip-top shape for anyone who’s keen to charter her, “She’s so quiet underway and a very solid ride,” said Mr. Rosatti. “The layout is perfect and exterior spaces accommodate all the guests for intimate conversation, sunning and spectating along the way. Also, my engine room is a work of art! Polished stainless steel and chrome everywhere.” It’s quite evident that yachting is the lifestyle for Mr. Rosatti. This avid, involved yacht owner may very well be happiest at sea and he beautifully summed it all up when he said, “It’s about having my privacy if I choose, and piling my family and friends in and being on the water…I love the water!” And that’s a sentiment we can all agree with.

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By SuperyachtNews 08 Dec 2016

Owner's view: why superyacht Double Down is such a good deal

John rosatti, entrepreneurial titan and 'serial owner', shows superyachtnews why his 65m codecasa is so special.….

When the brokerage community utters the words ‘discerning owner’ to emphasise a sales listing’s intrinsic value, an individual who has owned three or four yachts, maybe five, springs to mind; but not someone who has owned 20.

John Rosatti, the Brooklyn-born entrepreneurial titan, is just that, and no stranger to the superyacht industry – or other finer forms of transport. In fact, based on his, and neighbourhood companion John Staluppi’s, ownership track records, they are possibly the most ‘discerning owners’ out there.

“I thought I was done with boating”, Rosatti says, surprisingly, as we sit down in the enormous sky lounge of his 65m superyacht Double Down during the Fort Lauderdale International Boat Show ­– his “second home”, which he purchased in August 2015. “But, when I sold Remember When ” – his previous yacht, a 49.4m Christensen – “I was instantly sorry I sold her. I found I had nothing to do at the weekends. So I started looking again with my broker, Peter Thompson and this is the first yacht he showed me. I looked at another eight or nine before buying her. She was out of the water at the time but I just fell in love with her. She is enormous.”

Rosatti, with an unsated appetite for something larger, has since placed Double Down , a 2010 Codecasa build, back on the market, in October 2016. She is listed for sale with Peter Thompson of Thompson Westwood & White, Joe Foggia of Northrop & Johnson and Merle Wood and John Cohen of Merle Wood & Associates. She is for sale at $46.55 million.

The volume of the vessel – which left the local 15th Street Fisheries restaurant, no further than a stone’s throw from the boat, in eternal darkness from her position at the end of the pontoon in Lauderdale Harbours – is overwhelming. The 15.6m of extra length she has over his former vessel amasses 778 gross tons of extra volume, making her, volumetrically, two-and-a-half times the size. “We’ve got an extra deck on here so we tower over other 60–70m yachts in marinas”, he says.

“Big families love this”, says Zuzana, Rosatti’s partner, “There are nine double staterooms on board and they are basically all VIPs”. Rosatti adds: “We were on Savannah today – it’s not our décor package but wow that boat is incredible. But that’s 18.5m longer than this and it’s got six staterooms – we have nine.”

Upon delivery, Rosatti did a two-to-three-month yard period on Double Down at friend Buddy Haack’s Taylor Lane Yacht and Ship refit yard in Fort Pierce. Zuzana worked on refreshing the interior, her forte, which the previous owner had left very bare – but also very silky and very flowery – whilst Rosatti paid almost daily visits to cast his eagle-eye for detail over the project. “It’s the first time I’d ever enjoyed a yard period”, Rosatti adds.

Built originally as a private vessel, Rosatti said it was tough to bring the boat in line with commercial standards due to the former owner’s record-keeping, or lack thereof – and even tougher letting Double Down out of his sight for the four charters she’s now completed. If her charter demand is anything to go by, it’s not likely that the vessel – which is impeccably maintained, with an excellent array of on board features – is likely to stick around on the market for long.

Read the full interview with John Rosatti and partner, Zuzana, in The Superyacht Report , issue 176 .

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DB9 yacht is a luxury superyacht completed in 2010 by Palmer Johnson , a UK-based premier designer and builder of high-performance superyachts in Europe and the USA. Palmer Johnson 

She measures 52.36 meters or around 171 ft with luxurious open space and elegant surroundings. Her interior and exterior styling was penned by Nuvolari Lenard , a leading Italian yacht design studio.

DB9 yacht is ranked in the top 10% by LOA and in the top 30% by speed worldwide. She is currently sailing under the Cayman Islands flag, the 2nd most popular flagship for superyachts with 1250 yachts registered.

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JOHN ROSATTI | JOHN ROSATTI YACHTS

John Rosatti Yachts, John Rosatti, John Rosatti Yacht Magazine

Monday 20 February 2012

John rosatti | john rosatti yachts - john rosatti's real story.

• Founder and partner at BurgerFi.
• Founder of the Office Delray and Vic & Angelo's at the office delray.
• Investor at Real Estate Investor.
• Chief Executive Officer of Plaza Auto Mall.
• Cofounder of the Millennium Super Yachts.

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