Newmark Residential

Jay Luchs may be widely known as a leading commercial real estate broker, but what many may not be aware of is that he is also fast becoming just as prominent in luxury residential real estate. In 2015, Luchs partnered with Steven Schaefer and co-founded Newmark Residential at Newmark Knight Frank. Both born and raised in Maryland, Luchs and Schaefer set a simple mission in place: to serve Luchs’ existing client base and provide unmatched strategic planning and negotiation services for residential sale and lease transactions. In just the past 12 months, the duo has been responsible for selling over $140 million in residential; most recently a $24 million contemporary estate in Malibu and a $ 26.5 million traditional estate in Beverly Hills.

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