Meet our experienced and dedicated real estate team.
Howard M. Lorber serves as Chief Executive Officer of New Valley LLC as well as President and Chief Executive Officer of its parent, Vector Group Ltd. Mr. Lorber has actively managed Vector’s and New Valley’s diversified interests since 1994, including New Valley’s broad portfolio of real estate projects located in the United States, Caribbean and Europe. In conjunction with his role at New Valley, Mr. Lorber serves as Chairman of its 70%-owned subsidiary, Douglas Elliman Realty, LLC. Douglas Elliman, one of the nation’s oldest real estate brokerage firms, operates the largest residential real estate brokerage firm in the New York metropolitan area. Additionally, Douglas Elliman has offices in South Florida, Los Angeles, Aspen, Colorado and Greenwich, Connecticut; and, it is the fourth largest residential real estate brokerage in the United States.
Mr. Lorber was a member of the Board of Directors of Morgans Hotel Group Co., a hospitality company that owns and operates boutique hotels from March 2015 until November 2016, and Chairman from May 2015 to November 2016. Mr. Lorber also serves as Vice Chairman of Ladenburg Thalmann Financial Services Inc., a director of Clipper Realty Inc. and Executive Chairman of Nathan’s Famous Inc. Mr. Lorber holds a Bachelor of Arts degree, a Master of Science degree in Taxation and an Honorary Doctorate from Long Island University, where he is also a trustee.
Bennett P. Borko has directed and managed New Valley Realty’s investments in commercial real estate since 1996. As Executive Vice President, Mr. Borko is responsible for the acquisition, asset management, joint venture structures, partners, disposition and financing for the firm’s investments. During Mr. Borko’s tenure, New Valley has invested in a continual stream of various asset class investments worth billions of dollars. His expertise spans core office, residential and retail assets, complex urban mix-use development projects, condominium development, and resort/hospitality properties located throughout the United States.
Prior to joining New Valley, from 1991 until 1996, Mr. Borko was the Executive Vice President of Century Properties Inc. From 1986 until 1991 Mr. Borko was a leasing and management executive for Phillips International Holding Corp., a diversified New York City real estate company. Mr. Borko earned a Bachelor of Science from Queens College, City University of New York and a Master of Science from State University of New York at Syracuse. He is a licensed Real Estate Broker in New York State.
Marc N. Bell has been a Vice President of New Valley since February 1998 and has served as Associate General Counsel and Secretary of New Valley since November 1994.
Since May 1994, Mr. Bell has served as General Counsel and Secretary of Vector Group and since January 1998 as Vice President of Vector Group. Mr. Bell served as a member of the Board of Directors of SG Blocks Inc. from March 2014 to September 2015. Mr. Bell received a Juris Doctorate degree from Villanova Law School and an MBA from The Wharton School, University of Pennsylvania.
J. Bryant Kirkland III has served as New Valley’s Vice President, Treasurer and Chief Financial Officer since January 1998. He is also Vice President, Treasurer and Chief Financial Officer of Vector and has served in various financial capacities with Vector Group and its subsidiaries since July 1992. Mr. Kirkland has served as Chairman of the Board of Directors, President and Chief Executive Officer of Multi Solutions II, Inc. and Multi Soft II, Inc. since July 2012. Mr. Kirkland served as Vice President and Chief Financial Officer of CDSI Holdings Inc. (now known as SG Blocks Inc.) from January 1998 to November 2011 and as a director of SG Blocks Inc. (formerly known as CDSI Holdings Inc.) from November 1998 to September 2015. From June 2001 until October 2002, Mr. Kirkland served as Chief Financial Officer of Ladenburg Thalmann Financial Services.
Mr. Kirkland received a Bachelor of Science degree from the University of North Carolina at Chapel Hill and an MBA from Barry University. Mr Kirkland is licensed as a Certified Public Accountant in Florida, New York and North Carolina. From 2002 until 2006, Mr. Kirkland served on the Board of Visitors at North Carolina State University. Mr. Kirkland is an avid runner who has completed the Miami, San Diego, Chicago, Arizona, New York and Boston Marathons.
Jonathan Lemle is responsible for the underwriting, structuring and execution of acquisitions as well as the asset management and financing of the firm’s investments. Mr. Lemle performs the day-to-day operations and management of the firm’s assets. During Mr. Lemle’s tenure, New Valley has closed on a diverse portfolio of assets, including ground-up residential condominium development, hotel development, and a retail center.
Prior to joining New Valley, Mr. Lemle worked at Zeckendorf Development, a luxury residential condominium developer, where he focused on 18 Gramercy Park South, 50 United Nations Plaza and 520 Park Avenue. Prior to Zeckendorf, Mr. Lemle worked at Street-Works Development/Scott-Lawrence Realty and Development, a mixed-use real estate developer and operator. While at both firms he was responsible for deal sourcing, underwriting, financing, entitlements and project management. Mr. Lemle began his career with Banc of America Securities in its Media/Telecom Investment Banking Group, where he underwrote debt and equity capital markets transactions as well as provided advisory services for merger and acquisition transactions for the firm’s clients. Jon holds a Masters in Business Administration from Columbia Business School and a Bachelors of Arts from Union College.
Dasha Milova joined New Valley after graduating with a Bachelors of Business Administration from the Zicklin School of Business at Baruch College. She assists with the day-to-day operations of the New Valley Realty team, as well as helping to administer, underwrite, and manage the diverse set of assets that New Valley currently holds in its portfolio.