Eric M. Lustgarten, Principal and CEO
Born and raised in Manhattan, Eric M. Lustgarten has worked within the real estate
industry for over 20 years in numerous capacities with the top firms in the industry.
His earlier experience with Saatchi and Saatchi DFS Compton Advertising was
followed by an account executive position in sales with the Turner Broadcasting
Network. Eric then turned his marketing and sales expertise towards the real
In 1992 during the height of the Japanese buying boom in U.S. real estate markets
Mr. Lustgarten joined Maruko, a Tokyo based real estate and financial firm with
offices in New York City and Honolulu, Hawaii. He worked with Maruko USA in
New York selling, structuring and managing commercial, mixed-use and residential
real estate portfolios in Manhattan for Japanese investors. In 1994 Mr Lustgarten
Became an Associate Broker with Douglas Elliman Gibbons and Ives (now
Prudential Douglas Elliman), a 100 year old Manhattan real estate brokerage and management firm that had been recently acquired by the Millstein Organization and owned by one of New York City's most prominent real estate families. During his four years with DEGI Eric rose to the position of Vice President of Investment Sales after having sold and closed residential and development properties in the most prestigious buildings and locations in Manhattan.
In 1998 he moved to the firm of Brown Harris Stevens in the capacity of Director of Sales and Investment Properties. He facilitated building, portfolio, bulk condominium sales, and structured project equity investments. He was promoted to Executive Vice President of Development Marketing in 2004 when he co-chaired an investment symposium with Merrill Lynch that focused on the residential and commercial re-development of Lower Manhattan and the Financial District post 9/11. (Note: In 2002 Eric was Broker of record for Mayor Rudolph Giuliani in the acquisition of his current Manhattan residence.)
In 2005 Mr. Lustgarten took the helm as President of William B. May Company, a venerable 140 year old real estate firm and was charged by the May family with the firm's re-branding and expansion, He continued in this capacity until late 2006 when private investment opportunities led to his current venture, Malcome Lustgarten, LLC
In late 2007 Malcome Lustgarten LLC was incorporated as a private real estate and financial acquisitions, consulting and brokerage entity. With a vast network of relationships, some of over 40 years, to draw upon, Eric Lustgarten has navigated numerous market cycles and industry changes. There are currencies that are both tangible and intangible with regards to these markets. As Principal and CEO of Malcome Lustgarten LLC, Eric M. Lustgarten is an industry insider. He is a respected source of analytical experience, integrity and expertise. Above all, he brings to the table privileged access to guide partners, clients and friends through successful acquisitions, partnerships and negotiations.
Member Real Estate Board of New York
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