LIGHTSTONE RECOGNIZED YEAR-OVER-YEAR AS A BEST PLACE TO WORK

Company Culture is the Foundational Building Block for the Award-Winning Firm

NEW YORK, July 14, 2025 /PRNewswire/ -- Lightstone is proving that real estate isn't just about buildings—it's about building people.

Crain's New York Business most recently ranked Lightstone in the Top 40 on the publication's 2024 list of Best Places to Work in New York City. Its property management division, Beacon Management, was also recognized on a national level, ranking in the top 50 on Glassdoor's 2025 Best Places to Work: U.S. Small and Medium Business (SMB) list, with an impressive 4.3-star employee rating in the first quarter of 2025.

"We don't see culture as a perk—it's our foundation," said Mitchell Hochberg, President of Lightstone. "These honors reflect the passion and purpose our team brings to the office every day, and to every building and project in the Lightstone portfolio. We are intentional in our efforts—it's about building something meaningful, together."

Employees enjoy daily free meals, spontaneous social events, summer Fridays, and yes—even company-provided Fitbits to fuel a little friendly wellness competition. But the real investment is in people's growth. Lightstone offers mentorship programs, tuition reimbursement, leadership development, and certification support for team members at every level.

Health and well-being are also a top priority at Lightstone. Employees get more than the usual benefits, with 24/7 nurse support, medical concierge services, fertility and mental health resources, gym reimbursements, CPR training, and more.

"Our incredible staff are the reason we are recognized on these highly-acclaimed lists annually—because we're investing in our people," said Kara Morett, EVP of Human Resources. "We're not here to be average. We're here to be exceptional—together."

This year's honors add to a growing list of industry and workplace recognitions Lightstone has received over the past few years, including Commercial Observer's Power 100, ALIS Development of the Year, and Conde Nast Traveler's Readers' Choice Awards.

About Lightstone
Lightstone, founded by David Lichtenstein, is one of the most diversified privately held real estate companies in the United States. Headquartered in New York City, Lightstone is active in 26 states across the country, developing, managing, and investing in all sectors of the real estate market, including residential, hospitality, commercial, and retail. With 210 existing properties, Lightstone's over $12 billion portfolio currently includes over 12 million square feet of industrial, life sciences, and commercial properties, over 30,000 residential units, and over 5,100 hotel keys. Lightstone's development portfolio includes over $3.5 billion currently under development in the residential and hospitality sectors spread across New York City, Los Angeles, and Miami.

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SOURCE Lightstone