Howard A. Lavitt is Co-Founder and a Principal at LRC Properties.
Howard is a seasoned professional with more than 30 years of experience in real estate investments, management, leasing, development, and financing. He repositions assets, using efficient management, creative marketing and target leasing, often applying adaptive reuses to real estate to maximize value. His creativity, adaptive reuse strategies, and operational skills, combined with construction and infrastructure enhancements, enable Howard to provide significant returns to investors in his projects.
Howard co-founded LRC Properties in 2009 to work with private investors and real estate opportunity funds on the acquisition and disposition of office, hospitality, industrial, flex, and retail properties on the East Coast. Howard has successfully converted a Manhattan hotel ballroom into highly sought after medical offices on Central Park South, converted warehouse buildings in the Zerega Industrial Park into high-quality office space creating a suburban office environment in New York City, generating significant returns to investors, redeveloped a hospital property purchased at HUD auction and nearby office building in Richmond, VA into apartment units, and rezoned a warehouse building overlooking the Hudson River, generating significant additional density for loft apartments.
Prior to founding LRC, Howard leased over $500 million of gross lease values and managed over 1.5 million square feet of office space in his tenures with Joseph P. Day Realty Corp. Williams and Lavitt & Company. In addition, Howard was consultant to the nation’s top banks, RE Funds and REITs during the workouts of the early 1990s in a partnership with BDO Seidman.
Howard is a graduate of the Hill School and has a BA in economics from Tufts University. He also has advanced studies at The London School of Economics and New York University.