Lightstone Achieves Notable Recognition for Company Culture
Lightstone's Commitment to Company Culture
Company culture serves as the essential foundation for the award-winning firm, Lightstone. Recognition as a standout in the workplace demonstrates the firm’s strong commitment to fostering an enriching work environment centered around people.
Recent Accolades for Lightstone
In recent news, Lightstone has been recognized among the Top 40 on Crain's New York Business 2024 list of Best Places to Work. This accolade highlights their exemplary work culture and commitment to employee satisfaction.
Beacon Management's National Ranking
The company’s property management division, Beacon Management, has also earned national recognition, ranking in the top 50 on Glassdoor's 2025 Best Places to Work: U.S. Small and Medium Business list, showcasing a stellar employee rating of 4.3 stars during the first quarter of 2025.
Leadership Insights
According to Mitchell Hochberg, President of Lightstone, the company's culture goes beyond mere perks; it’s a fundamental element of their identity. He stated, "These honors reflect the passion and purpose our team brings to the office every day, demonstrating that we are building something meaningful together."
Employee Engagement and Benefits
Lightstone enhances employee engagement through exciting benefits, such as daily free meals, spontaneous social events, and summer Fridays. Additionally, employees receive company-provided Fitbits to encourage healthy competition, promoting wellness throughout the office.
Focus on Growth
The real investment at Lightstone is in the growth of its personnel. To ensure continuous development, the company provides mentorship programs, tuition reimbursement, leadership training, and extensive certification support at all levels.
Health and Well-Being at Lightstone
Prioritizing health and well-being, Lightstone goes above and beyond typical employee benefits. They offer 24/7 nurse support, medical concierge services, and resources for both fertility and mental health, alongside gym reimbursements and CPR training.
Employee-Centric Approach
Kara Morett, EVP of Human Resources, emphasizes that the recognition the company receives stems from its dedicated staff. "We’re not here to be average. We’re here to be exceptional — together," she remarked, showcasing the commitment to not just meeting but exceeding industry standards.
A Growing List of Accomplishments
This latest recognition contributes to an expanding list of industry honors for Lightstone. Over the past few years, the firm has also been celebrated in Commercial Observer's Power 100, received ALIS Development of the Year, and earned the Conde Nast Traveler's Readers' Choice Awards.
About Lightstone
Founded by David Lichtenstein, Lightstone holds a prominent position as one of the most diversified privately held real estate companies in the U.S. Headquartered in New York City, the firm engages in development, management, and investment across multiple real estate sectors, including residential, hospitality, commercial, and retail.
The company's portfolio, boasting over $12 billion, consists of approximately 210 properties, comprising over 12 million square feet of industrial, life sciences, and commercial space, alongside more than 30,000 residential units and over 5,100 hotel keys. Notably, the developmental portfolio includes about $3.5 billion currently underway in residential and hospitality projects across major locations.
Frequently Asked Questions
What recent honors has Lightstone received?
Lightstone has recently been ranked among the Top 40 Best Places to Work by Crain's New York Business and recognized in the top 50 on Glassdoor's list.
What employee benefits does Lightstone provide?
Employees enjoy daily meals, fitness trackers, mentorship, tuition reimbursement, and comprehensive health resources focused on well-being.
Who founded Lightstone?
Lightstone was founded by David Lichtenstein, who has played a significant role in the company's diversified real estate operations.
Where is Lightstone headquartered?
The company is headquartered in New York City, with its activities spanning across 26 states in the country.
What types of properties does Lightstone manage?
Lightstone manages a wide range of properties, including residential, commercial, hospitality, and retail sectors, totaling over 12 million square feet of real estate.
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