Jay Luchs, a Vice Chairman at Newmark, may be best recognized for his “For Lease” and “Leased” signs on buildings throughout the streets of Los Angeles, but his range in the industry includes representing some of the world’s most notable fashion brands for their retail and offices locations, entertainment companies and other businesses in finding their corporate headquarters and for selling investment properties. He takes pride in spending as much of his energy working with small retail brands as on larger deals as the landscape of Los Angeles is very important to him. Being a part of its continuing growth and change while preserving the great history and soul of LA is a top priority for Luchs.
In 2021 Luchs represented LVMH in their $200 million purchase of the Luxe Hotel on Rodeo Drive. In 2020 he sold 457-459 N Rodeo Drive to the Rueben Brothers for $122 million which will be available for lease to a flagship retailer in 2023 and in 2018 Luchs assembled four properties on Rodeo Drive and neighboring Beverly Drive on behalf of LVMH in $465 million of acquisitions for what will become the Cheval Blanc hotel in years to come.
Some of the brands Luchs represents in Los Angeles include LVMH (Louis Vuitton, Christian Dior, Celine, Loewe, Off-White), KITH for their West Coast locations, James Perse among many other leaders in the fashion industry.
Other brands Luchs has found retail locations for in recent years include Aviator Nation, Fred Segal, Kitson, the RealReal, RE/DONE, Ray-Ban, LoveShackFancy, Christian Louboutin, Jennifer Fisher Jewelry, Jennifer Meyer Jewelry, United Talent Agency’s Art Studio, the Louis Vuitton-Supreme collaboration pop-up in the arts district of Los Angeles, Alo Yoga Beverly Hills, Acne Studios, IRO and a long list of deals on Rodeo Drive and all retail streets in Beverly Hills, Melrose Avenue, Melrose Place, Robertson Boulevard, Abbot Kinney and Rose Avenue in Venice Beach, Malibu Cross Creek and Pacific Coast Highway, Brentwood Country Mart area, Hollywood, downtown LA and elsewhere.
He has found west coast headquarter office locations for Louis Vuitton, Christian Dior, Celine, Tom Ford, Brunello Cucinelli, H&M, Kitson, Christian Louboutin, artist Alex Israel’s studio/ office, SBE Entertainment, headquarters for Sean Puffy Combs/ Combs Enterprises, Klements Designs among others.
Luchs also enjoys finding restaurant operators their locations. Restaurants whether mom and pop businesses to the fanciest dining all play a part in the landscape of Los Angeles. Luchs spends a lot of time strategizing with these restaurants. Some restaurants Luchs has found locations for include Craig’s on Melrose Avenue in West Hollywood, Avra in Beverly Hills, recently signed Tao’s Lavo on the Sunset Strip, has represented Madeo, Prince Street Pizza for various locations, Drake’s of Dallas (opening in 2022), Hudson House of Dallas (opening 2022) to name a few.
Aside from representing brands and corporations in finding locations on their behalf, Luchs and his team represent over 125 properties on behalf of various landlords.
Luchs says he couldn’t do it without his amazing team, which he is incredibly grateful for. He has been a top producer at Newmark internationally from 2014 to the present having closed billions of dollars of transactions.
Luchs is from Potomac, Maryland and a graduate of the University of Virginia class of ‘95. He is on the board of trustees of Pomfret School, Pomfret, Connecticut where he graduated high school class of ‘91. He serves on the board of MOCA’s (Museum of Contemporary Art) Acquisition and Collection’s Committee. He has proudly lived in Los Angeles since 1995.
