Lightstone Named to Crain's Best Places to Work 2016 List

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Oct 05, 2016, 11:08 ET

NEW YORK, Oct. 5, 2016 /PRNewswire/ -- National real estate investor/developer Lightstone has made Crain's New York Business' list of Best Places to Work in New York City 2016. The list, of only 100 companies across all five boroughs, was comprised after a two-part process. The first part (25 percent of the ranking) consisted of evaluating each nominated organization's workplace policies, practices, philosophy, systems, and demographics. The second part (75 percent of the ranking) involved an employee survey to measure the employee experience. The combined scores determined the top companies and the final ranking.

Lightstone has built an incredible team over the years – focusing on recruiting the top talent in real estate who have led Lightstone's expansion throughout the U.S. "We are only as good as our people," said President Mitchell Hochberg. "We have always focused on developing the best team possible. Lightstone has the brightest, most creative and dedicated people in the industry who have utilized innovative approaches to transform communities, and who continue to push the envelope."

Lightstone is the pioneer luxury developer in Gowanus and has spurred tremendous growth in that area, including new restaurants, hotels, and other residential properties along the Gowanus Canal. In addition, Lightstone is developing four Moxy hotels with Marriott in New York City, totaling approximately 1,500 rooms. This includes the brand's 618-room flagship U.S. property already under construction in Times Square and opening in the spring of 2017. Lightstone is developing seven Moxy properties across the U.S., with one in South Beach, Miami, two in downtown Los Angeles, and one in West Hollywood.

For more information on the Best Places to Work in New York City program, visit www.BestPlacesToWorkNYC.com.

About Lightstone

Lightstone, founded by David Lichtenstein, is one of the most highly-regarded and diversified private real estate companiesin the United States. Operating in all sectors of the real estate market, Lightstone's $2 billion portfolio (in 26 states) currently includes over 6 million square feet of office, retail and industrial commercial properties, 11,000 residential units and 3,800 hotel keys. It also owns over 12,000 land lots across the country. Headquartered in New York City, Lightstone continues to growits local presence with $2.5 billion worth of projects currently under development in the residential and hospitality sectors.

Contact:
Christopher Bastardi
212-729-2495
[email protected]

SOURCE Lightstone