{"id":168205,"date":"2026-03-19T14:36:26","date_gmt":"2026-03-19T14:36:26","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/168205\/"},"modified":"2026-03-19T14:36:26","modified_gmt":"2026-03-19T14:36:26","slug":"stellar-management-names-matthew-lembo-ryan-jackson-as-co-ceos-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/168205\/","title":{"rendered":"Stellar Management Names Matthew Lembo, Ryan Jackson as Co-CEOs \u2013 Commercial Observer"},"content":{"rendered":"

Stellar Management<\/a>, a New York City-based real estate investment and management firm, has named Matthew Lembo and Ryan Jackson as its new co-CEOs, Commercial Observer has learned.<\/p>\n

Lembo and Jackson will start in their new roles immediately and succeed former CEO Laurence \u201cLarry\u201d Gluck, who founded the firm in 1985 and had led the company for almost 40 years. Gluck died at the age of 71 in June 2024<\/a> after an extended battle with ALS.<\/p>\n

SEE ALSO: Raven Property Advisors Adds Jared Sobel From W&D to Scale New Capital Markets Business<\/a><\/p>\n

\u201cThis is a defining moment for Stellar Management, and I\u2019m energized to help lead the firm into its next phase,\u201d Jackson said in a statement. \u201cMatthew and I are aligned in our vision to build on the firm\u2019s strong foundation while pursuing new opportunities for innovation and value creation across the business.\u201d<\/p>\n

Lembo added in a statement that the role was \u201cboth an honor and a responsibility.\u201d<\/p>\n

Lembo and Jackson, who are currently Stellar\u2019s managing partners, have worked there since 2008 and 2009, respectively, according to the firm. During their time at the company, they have worked as a team and \u201cplayed pivotal roles in shaping Stellar\u2019s strategic direction, driving growth and advancing the firm\u2019s evolution,\u201d Stellar said.<\/p>\n

\u201cHaving already served in leading the firm these past few years, they are exceptionally well positioned to drive Stellar Management into its next chapter and build on the firm\u2019s continuing success,\u201d said Sandra Gluck, Larry Gluck\u2019s widow.<\/p>\n

Along with their eldest daughter Amanda Gluck, Sandra oversaw the firm\u2019s investments, management and operations following Larry Gluck\u2019s death.<\/p>\n

Stellar currently has more than 13,000 apartments and about 3 million square feet of office and retail space under management, primarily in New York City, according to its website<\/a>.<\/p>\n

One of Stellar\u2019s more recent deals includes its sale along with City Urban Realty of an apartment building at 260 Water Street in Dumbo, Brooklyn, to Hubb NYC Properties for $20.3 million, as CO previously reported<\/a>.<\/p>\n

Isabelle Durso can be reached at idurso@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Stellar Management, a New York City-based real estate investment and management firm, has named Matthew Lembo and Ryan…\n","protected":false},"author":2,"featured_media":168206,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[3624,68971,75,84,83,68972,1286,9,24,63,51713,68970,68973,68974],"class_list":["post-168205","post","type-post","status-publish","format-standard","has-post-thumbnail","category-manhattan","tag-channel","tag-larry-gluck","tag-manhattan","tag-manhattan-headlines","tag-manhattan-news","tag-matthew-lembo","tag-more","tag-new-york","tag-new-york-city","tag-nyc","tag-people-moves","tag-players-amanda-gluck","tag-ryan-jackson","tag-sandra-gluck"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/168205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=168205"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/168205\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/168206"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=168205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=168205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=168205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}