Lightstone Recognized as One of New York City’s Best Employers
Lightstone, a prominent and diversified privately held real estate company, has earned recognition as one of the best places to work in New York City for the second year running. This accolade, awarded by Crain's New York Business, places Lightstone in the top 40 companies in this bustling metropolis.
Understanding the Evaluation Process
The assessment, conducted in collaboration with Workforce Research Group, required extensive employee engagement surveys and employer questionnaires. This year, 20,000 surveys were analyzed, focusing on various factors such as workplace environment, growth opportunities, leadership, and employee benefits.
Lightstone's Commitment to Excellence
Mitchell Hochberg, President of Lightstone, expressed pride in this achievement, stating, "New York City is home to over 220,000 businesses, and we are very proud to be recognized within the top 1%. At Lightstone, we believe that the heart of any building is the people who bring it to life. This acknowledgment is a testament to our talented and dedicated family of exceptional professionals, as well as our commitment to fostering a welcoming and supportive workplace environment."
Additional Recognitions
This honor is just one among multiple recognitions Lightstone received in 2024. The company has also made the Commercial Observer's Power 100 list, received Development of the Year for their Moxy/AC Hotel in Downtown Los Angeles from ALIS, and was honored in CN Traveler's Readers' Choice Awards for Top Hotels in New York City.
About Lightstone
Founded by David Lichtenstein, Lightstone is recognized as one of the most diversified privately held real estate companies in the United States. With its headquarters located in New York City, the company operates in 26 states across the nation, focusing on the development, management, and investment in all facets of the real estate market, which covers residential, hospitality, commercial, and retail sectors.
Lightstone boasts an expansive portfolio, comprising over $9 billion in assets with more than 210 properties. Their holdings include an impressive 12 million square feet of industrial, life sciences, and commercial spaces, alongside more than 30,000 residential units and over 5,100 hotel keys. Currently, Lightstone has a development portfolio of more than $3.5 billion in residential and hospitality projects spanning New York City, Los Angeles, and Miami.
Frequently Asked Questions
What recognition did Lightstone receive this year?
Lightstone was ranked as one of the top places to work in New York City for 2024 by Crain's New York Business.
Who is the President of Lightstone?
Mitchell Hochberg serves as the President of Lightstone.
How does employee feedback influence rankings?
Employee surveys focusing on workplace environment, growth opportunities, and benefits are key to determining rankings.
What sectors does Lightstone operate in?
Lightstone is involved in residential, hospitality, commercial, and retail sectors.
What is the total value of Lightstone's current portfolio?
Lightstone's current portfolio is valued at over $9 billion.
