New Valley Realty is the principal real estate investment subsidiary of New Valley LLC, a wholly owned subsidiary of Vector Group Ltd (NYSE: VGR). Led by President and CEO Howard M. Lorber, the firm targets value-add and opportunistic real estate investment opportunities across the United States that are distinguished by their potential to generate strong risk-adjusted returns. New Valley Realty invests in residential, commercial, hotel, and retail properties primarily in high-barrier-to-entry markets and markets with high return-on-investment potential. Manhattan, the New York metropolitan area, South Florida, Los Angeles, Raleigh, and Nashville are among the locations where the firm has invested.
The firm is committed to transacting business at the highest level of integrity and excellence; seeking out best-in-class managing and operating partners with proven track records of success in the locations and asset classes in which they specialize. In collaboration with our partners, and drawing on the deep expertise of our in-house management team, New Valley Realty creates and implements focused investment strategies for each property we invest in. Our hands-on oversight ensures successful completion of a wide range of executions, including ground-up new construction, renovations of underperforming assets, conversions of office and rental properties to condominiums, and land development and sales.
215 Chrystie Street