Artificial Intelligence
Builders Company
Developers/Stellar Management, Inc.
SM
Stellar Management, Inc.New York, United States · founded 1985 · 1 active markets
PRIVATE

Stellar Management is a private New York real-estate owner, developer and manager building rental apartments, affordable housing, luxury residences, offices and retail properties for diverse urban residents, tenants and communities through acquisitions, renovations, ground-up development and integrated operations across New York City.

Years in business
41
founded 1985
Employees
500+
company-stated employees · size band 501–1,000
LinkedIn headcount
501-1000
employees, as shown on LinkedIn
Projects last researched October 15, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Mason Management Services Corp.1
Headquarters
44 West 28th Street1, New York1, US
Founded
19851
Entity type
PRIVATE1
Business model
build to rent1, commercial1, mixed use1
Markets
1 market listed
What they build
Retail (3 of 3) · Office (2 of 3) · Mixed use (1 of 3)
Full dossier in About →

Delivery record

1 date-assessed of 3 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
3
within the rolling ten-year window
Median delay
+20.5 mo
the middle of 1 scored project
Average delay
+20.5 mo
the same projects, pulled by the worst
Average time to deliver
—
1 delivered project with a dated start — needs 3
Worst slip
+20.5 mo
One SoHo Square · +14.0 to +27.0
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
1
red rows below

Against other developers

1 date-assessed project here
Not enough info yet.
Projects and timelines in Track Record →

Resident experience

2 of 3 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.2/ 10
Weighted judgment across build and operations · from 2 of 2 rated buildings
Little structure evidence (1 of 2 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
4.5/ 10
Fabric, services, waterproofing, envelope · from 1 of 2 rated buildings
Management & living
6.6/ 10
Upkeep, response times, amenities, community · from 2 of 2 rated buildings

Against other developers

not enough rated buildings yet
Not enough rated buildings in United States yet to compare against.
Ratings by building →

Awards & recognition

  • RECOGNITION 2010
    ABO Honors Century of Greatness
    Stellar Management was listed among the honorees recognized by the Associated Builders and Owners of Greater New York at its 2010 centennial annual dinner dance; this is older than the requested ten-year window and is included only as a documented historical recognition.
    Associated Builders and Owners of Greater New York · https://www.bisnow.com/news/new-york/neighborhood/a-century-young-11330
All awards →

Risks & source coverage

  • FINANCIAL DISTRESS Reported May 15, 2025; alleged default and notice occurred before the report, with the notice of default sent in August (year not specified in the article). A lender-related entity filed a foreclosure action against Stellar Management and City Urban Realty’s joint-venture entity, Canal Street Ventures, alleging default on a $21 million loan secured by 243 Canal Street; the article reported that the notice of default had been sent in August and that the pre-foreclosure case was filed in May 2025. No response from Stellar was reported.
  • FINANCIAL DISTRESS Reported January 14, 2026; alleged missed payments began in August 2025 and a further default notice was issued in January 2026. Mortgage shareholders sued to foreclose on the Columbus Square retail property, developed by Chetrit Group and Stellar Management, alleging that the ownership group missed $1.9 million monthly payments beginning in August 2025 and still had not cured the default after promising to do so; the reported claim sought approximately $370 million including interest and late charges, and no legal response had been filed as of publication.
  • LEGAL Decision September 30, 2025; amended judgment entered March 3, 2025. In a construction-related dispute, an appellate court affirmed an amended judgment awarding a subcontractor $163,373.62 plus interest while also affirming dismissal of the subcontractor’s eight extra-work claims against defendants including Libby Management Services, doing business as Stellar Management; the decision stated that the defendants prevailed on their no-damages-for-delay defense, so the outcome was mixed rather than a finding of wrongdoing by Stellar.
  • 1 more in Risk & Sources
Record status
active
Company sources
98 source entries across 98 fields
Projects tracked
3 · 3 completed in assessment
All flags and sources →

Track Record

Delivery record

1 date-assessed of 3 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
3
within the rolling ten-year window
Median delay
+20.5 mo
the middle of 1 scored project
Average delay
+20.5 mo
the same projects, pulled by the worst
Average time to deliver
—
1 delivered project with a dated start — needs 3
Worst slip
+20.5 mo
One SoHo Square · +14.0 to +27.0
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
1
red rows below

Against other developers

1 date-assessed project here
Not enough info yet.

Construction start to handover

3 of 3 projects dated · 1 place
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
New York, United States
2012201320142015201620172018201920202021202220232024202520262027todayNEW YORK, UNITED STATES+42.5 moestimatedcompleted, no target published+20.5 moverified
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures.

Building & Livability Ratings

Resident experience

2 of 3 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.2/ 10
Weighted judgment across build and operations · from 2 of 2 rated buildings
Little structure evidence (1 of 2 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
4.5/ 10
Fabric, services, waterproofing, envelope · from 1 of 2 rated buildings
Management & living
6.6/ 10
Upkeep, response times, amenities, community · from 2 of 2 rated buildings

Against other developers

not enough rated buildings yet
Not enough rated buildings in United States yet to compare against.

By building

2 rated · 1 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
One SoHo SquareSoHo / Hudson Square, Manhattan, New York
8.5/ 10
—/ 10
8.5/ 10

The largest published review aggregate is 4.5/5 from 101 reviews, which converts to 8.5 under the specified curve and therefore sets the level. The sampled comments are mostly positive, but they are visitor/workplace reviews rather than a resident-specific evidence base; no recurring theme met the reporting threshold, so no commentary adjustment was applied.

+ new infrastructure+ destination-dispatch elevators+ new mechanical systems+ new bathrooms+ tenant-controlled HVAC
+ clean common areas+ well operated+ amenities praised+ friendly front-desk staff
− security frustrated one reviewer

Published property material describes renovated infrastructure, new mechanical systems, nine passenger elevators, new bathrooms and tenant-controlled HVAC. The review sample includes a visitor saying the building was “Clean. Well operated. Plenty of amenities,” but it does not provide a resident-derived assessment of leaks, plumbing, HVAC failures or other defects.

The available reviews are visitor- and workplace-oriented rather than resident reviews. Positive comments include “Clean. Well operated. Plenty of amenities” and a Warby Parker visitor’s report that “The staff was friendly enough”; one 2023 reviewer, however, described the experience as “generic” and said security frustrated tenants at the company visited.

OTTOGreenpoint, Brooklyn, New York197 units
5.8/ 10
4.5/ 10
4.7/ 10

The largest published review base is the Google-derived 3.3/5 rating from 16 reviews, which converts to 4.9/10 under the specified curve. Openigloo’s 4.1/5 from 12 reviews is a material positive dissent, but the score remains constrained by the larger anchor and is reduced by reported management, noise and HVAC problems, with praise for amenities and staff providing a limited offset. Structural scoring is kept separate and lower because the written evidence includes a prolonged HVAC failure and reported hazardous violations, while living quality reflects the mixed operational experience.

− Prolonged HVAC failure− Broken heat and air conditioning− Open hazardous building violations
+ Strong amenities+ Rooftop pool+ Helpful staff+ Responsive staff reports+ Convenient Greenpoint location
− Unresponsive management reports− Gym-related noise− Traffic and neighbor noise− Gym cleanliness concerns− Seasonal pool limitation

One reviewer reported that the HVAC had been broken from February into July, with broken heat lasting from February through May: “we are still without air conditioning.” Openigloo also reports two Class C violations, described as immediately hazardous and including “inadequate heat or hot water” and defective building parts. These are isolated or source-reported failures rather than evidence of a complete structural diagnosis.

Residents frequently praise the rooftop, amenities and staff: one called the staff “exceptional,” while another said the rooftop was “spectacular” and the staff “quick to respond.” Countervailing reviews describe “extremely loud banging noises at all hours,” management that had “basically ghosted” the tenant, and a gym that was “not cleaned well”; Openigloo also summarizes recurring noise and management-responsiveness complaints.

Only buildings that have reached handover are rated. 1 of 3 projects carries no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Mason Management Services Corp.
Headquarters
44 West 28th Street, New York, US
10001
Founded
1985
New York City, US
Entity type
PRIVATE
Revenue
USD 9.13 million estimated annual revenue
Business model
build to rent, commercial, mixed use

Offices

head office and 2 others
Washington, D.C.San Francisco

Sources: office cities

COMPANY2012-08-09

Savanna and Stellar Management to Joint Venture on 2 Rector Street

Stellar Management
Stellar Management has management teams based in New York, Metro DC and San Francisco.
value seen: Metro DC
value paraphrased from this source
https://www.stellarmanagement.com/newsdetail.aspx?nid=11

Sources: office cities

COMPANY2012-08-09

Savanna and Stellar Management to Joint Venture on 2 Rector Street

Stellar Management
Stellar Management has management teams based in New York, Metro DC and San Francisco.
value seen: San Francisco
https://www.stellarmanagement.com/newsdetail.aspx?nid=11

Partners

8 partners
International Workplace Group (IWG)
operator

IWG agreed to become the anchor tenant at Astoria Pointe, taking 8,041 square feet for flexible-workspace operations.

Savanna
joint venture

An affiliate of Savanna acquired an ownership interest in 2 Rector Street while Stellar continued as property manager.

DDB Contracting
contractor

DDB Contracting completed initial renovation work at The Paris and was contracted for ongoing apartment-wide renovations and maintenance.

Goldman Sachs
funder

Goldman Sachs spearheaded the seven-year fixed-rate financing for Stellar’s One Soho Square property.

Bank of Montreal
funder

Bank of Montreal participated in the One Soho Square refinancing.

Deutsche Bank
funder

Deutsche Bank participated in the One Soho Square refinancing.

JPMorgan Chase
funder

JPMorgan Chase supplied the mezzanine portion of the One Soho Square debt package.

Jacob Chetrit
joint venture

Jacob Chetrit and Stellar Management jointly secured a three-year extension of the Columbus Square commercial mortgage loan.

Sources: name

COMPANY2025-01-21

Stellar Management | NYC Real Estate Developer & No Fee Rentals

Stellar Management
The firm also announces an agreement for 8,041 square feet with International Workplace Group (IWG), establishing the property’s anchor tenant
value seen: International Workplace Group (IWG)
https://www.stellarmanagement.com/no-fee-NYC-rentals/real-estate-developer/news/39/stellar-management-celebrates-the-completion-of-astoria-pointe-and-announces-first-tenant-in-astoria-queens

Sources: partner type

COMPANY2025-01-21

Stellar Management | NYC Real Estate Developer & No Fee Rentals

Stellar Management
The firm also announces an agreement for 8,041 square feet with International Workplace Group (IWG), establishing the property’s anchor tenant
value seen: establishing the property’s anchor tenant
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.stellarmanagement.com/no-fee-NYC-rentals/real-estate-developer/news/39/stellar-management-celebrates-the-completion-of-astoria-pointe-and-announces-first-tenant-in-astoria-queens

Sources: summary

COMPANY2025-01-21

Stellar Management | NYC Real Estate Developer & No Fee Rentals

Stellar Management
The firm also announces an agreement for 8,041 square feet with International Workplace Group (IWG), establishing the property’s anchor tenant
value seen: 8,041 square feet with International Workplace Group (IWG)
value paraphrased from this source
https://www.stellarmanagement.com/no-fee-NYC-rentals/real-estate-developer/news/39/stellar-management-celebrates-the-completion-of-astoria-pointe-and-announces-first-tenant-in-astoria-queens

Sources: name

COMPANY2012-08-09

Savanna and Stellar Management to Joint Venture on 2 Rector Street

Stellar Management
An affiliate of Savanna will acquire an ownership interest in 2 Rector Street, a 480,000 square-foot office tower in lower Manhattan, and become Stellar Management’s new partner in the deal.
value seen: Savanna
https://www.stellarmanagement.com/newsdetail.aspx?nid=11

Sources: partner type

COMPANY2012-08-09

Savanna and Stellar Management to Joint Venture on 2 Rector Street

Stellar Management
As part of the joint venture, Stellar will continue to serve as the building’s property manager.
value seen: joint venture
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.stellarmanagement.com/newsdetail.aspx?nid=11

Sources: summary

COMPANY2012-08-09

Savanna and Stellar Management to Joint Venture on 2 Rector Street

Stellar Management
An affiliate of Savanna will acquire an ownership interest in 2 Rector Street, a 480,000 square-foot office tower in lower Manhattan, and become Stellar Management’s new partner in the deal.
value seen: acquire an ownership interest in 2 Rector Street
value paraphrased from this source
https://www.stellarmanagement.com/newsdetail.aspx?nid=11

Sources: name

PRESS2023-11-14

DDB Contracting Partners With Stellar Management

DDB Contracting · carried by news.prfree.org
DDB Contracting Partners With Stellar Management to complete ongoing renovations and ongoing maintenance for the Upper West Side's The Paris.
value seen: DDB Contracting
https://news.prfree.org/@ddbcontracting/ddb-contracting-partners-with-stellar-management-eftiaw8l81te

Sources: partner type

PRESS2023-11-14

DDB Contracting Partners With Stellar Management

DDB Contracting · carried by news.prfree.org
Stellar Management has contracted DDB Contracting to complete ongoing renovations and ongoing maintenance for apartment wide spaces.
value seen: contracted DDB Contracting
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://news.prfree.org/@ddbcontracting/ddb-contracting-partners-with-stellar-management-eftiaw8l81te

Sources: summary

PRESS2023-11-14

DDB Contracting Partners With Stellar Management

DDB Contracting · carried by news.prfree.org
Stellar Management has contracted DDB Contracting to complete ongoing renovations and ongoing maintenance for apartment wide spaces.
value seen: ongoing renovations and ongoing maintenance
https://news.prfree.org/@ddbcontracting/ddb-contracting-partners-with-stellar-management-eftiaw8l81te

Registrations & licences

COMPANY NUMBER3898977
New York Department of State · US · ACTIVE
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
United Statesactive 3 projects tracked

What they build

4 types
Retail3 of 3
Office2 of 3
Mixed use1 of 3
Residential, for rent1 of 3
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
S“
Sandra “Sandi” Gluck
Sandra Gluck is identified as Sandi Gluck and as Stellar Management’s owner on the firm’s leadership page. Independent reporting says that, after Larry Gluck’s death, she oversaw Stellar’s investments, management and operations.
Current title
Owner
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
OwnerFamily-business leadership

Sources: summary

PRESS2026-03-18

Stellar Management Names Matthew Lembo, Ryan Jackson as Co-CEOs

Commercial Observer
Along with their eldest daughter Amanda Gluck, Sandra oversaw the firm’s investments, management and operations following Larry Gluck’s death.
value seen: Sandra Gluck oversaw Stellar’s investments, management and operations
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://commercialobserver.com/2026/03/stellar-management-matthew-lembo-ryan-jackson-ceos/

Sources: title

COMPANYdate not shown in source

Team | NYC Real Estate Developer Leadership

Stellar Management
### Sandi Gluck Owner
value seen: Owner
https://www1.stellarmanagement.com/no-fee-NYC-rentals/real-estate-developer/team
RJ
Ryan Jackson
Ryan Jackson is a long-serving Stellar managing partner who became co-CEO in March 2026. The appointment announcement credits him and Matthew Lembo with shaping Stellar’s strategic direction.
Current title
Co-CEO
since March 18, 2026
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Co-CEOManaging partnerStrategic direction
This is a defining moment for Stellar Management, and I’m energized to help lead the firm into its next phase. Commercial Observer March 18, 2026https://commercialobserver.com/2026/03/stellar-management-matthew-lembo-ryan-jackson-ceos/

Sources: quote

PRESS2026-03-18

Stellar Management Names Matthew Lembo, Ryan Jackson as Co-CEOs

Commercial Observer
“This is a defining moment for Stellar Management, and I’m energized to help lead the firm into its next phase,” Jackson said in a statement.
value seen: This is a defining moment for Stellar Management, and I’m energized to help lead the firm into its next phase.
https://commercialobserver.com/2026/03/stellar-management-matthew-lembo-ryan-jackson-ceos/

Sources: since

PRESS2026-03-18

Stellar Management Names Matthew Lembo, Ryan Jackson as Co-CEOs

Commercial Observer
Lembo and Jackson will start in their new roles immediately
value seen: March 18, 2026
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://commercialobserver.com/2026/03/stellar-management-matthew-lembo-ryan-jackson-ceos/

Sources: summary

PRESS2026-03-18

Stellar Management Names Matthew Lembo, Ryan Jackson as Co-CEOs

Commercial Observer
Lembo and Jackson, who are currently Stellar’s managing partners, have worked there since 2008 and 2009, respectively, according to the firm.
value seen: Ryan Jackson is a long-serving Stellar managing partner who became co-CEO in March 2026
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://commercialobserver.com/2026/03/stellar-management-matthew-lembo-ryan-jackson-ceos/

Sources: title

COMPANYdate not shown in source

Team | NYC Real Estate Developer Leadership

Stellar Management
### Ryan Jackson Co-CEO
value seen: Co-CEO
https://www.stellarmanagement.com/no-fee-NYC-rentals/real-estate-developer/team
ML
Matthew Lembo
Matthew Lembo is a long-serving Stellar investment executive who became co-CEO in March 2026. Before Stellar, he worked at Real Estate Resource Group and Cushman & Wakefield; at Stellar he has led acquisition sourcing and investment strategy.
Current title
Co-CEO
since March 18, 2026
Experience
no career length stated
Companies before
Real Estate Resource GroupCushman & Wakefield
Education
George Washington University
Other boards
none sourced
Known for
Co-CEOChief Investment OfficerAcquisitions
https://linkedin.com/in/lembo
Our business plan has been to be a long-term owner and operator in New York City real estate, and we wouldn’t want to be in a position where we are controlling the asset and not our lenders. Commercial Observer October 11, 2017https://commercialobserver.com/2017/10/stellar-management-matthew-lembo-past-work-investment-strategy/

Sources: institution

PRESS2017-10-11

Stellar Management’s Matthew Lembo Talks Investment Strategy and Recent Projects

Commercial Observer
I was in college [at George Washington University]
value seen: George Washington University
https://commercialobserver.com/2017/10/stellar-management-matthew-lembo-past-work-investment-strategy/

Sources: linkedin page

SOCIALdate not shown in source

Matthew L.

LinkedIn
Matthew Lembo
value seen: https://linkedin.com/in/lembo
https://linkedin.com/in/lembo

Sources: previous companies

PRESS2017-10-11

Stellar Management’s Matthew Lembo Talks Investment Strategy and Recent Projects

Commercial Observer
I started at Real Estate Resource Group, [spent two years]... After [three years at C&W], [Stellar Founder and Chief Executive Officer] Larry Gluck offered me a job, and I said yes.
value seen: Real Estate Resource Group
value paraphrased from this source
https://commercialobserver.com/2017/10/stellar-management-matthew-lembo-past-work-investment-strategy/

Sources: previous companies

PRESS2017-10-11

Stellar Management’s Matthew Lembo Talks Investment Strategy and Recent Projects

Commercial Observer
I started at Real Estate Resource Group, [spent two years]... After [three years at C&W], [Stellar Founder and Chief Executive Officer] Larry Gluck offered me a job, and I said yes.
value seen: Cushman & Wakefield
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://commercialobserver.com/2017/10/stellar-management-matthew-lembo-past-work-investment-strategy/

Sources: quote

PRESS2017-10-11

Stellar Management’s Matthew Lembo Talks Investment Strategy and Recent Projects

Commercial Observer
Our business plan has been to be a long-term owner and operator in New York City real estate, and we wouldn’t want to be in a position where we are controlling the asset and not our lenders.
value seen: Our business plan has been to be a long-term owner and operator in New York City real estate, and we wouldn’t want to be in a position where we are controlling the asset and not our lenders.
https://commercialobserver.com/2017/10/stellar-management-matthew-lembo-past-work-investment-strategy/

Sources: since

PRESS2026-03-18

Stellar Management Names Matthew Lembo, Ryan Jackson as Co-CEOs

Commercial Observer
Lembo and Jackson will start in their new roles immediately
value seen: March 18, 2026
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://commercialobserver.com/2026/03/stellar-management-matthew-lembo-ryan-jackson-ceos/

Sources: summary

PRESS2017-10-11

Stellar Management’s Matthew Lembo Talks Investment Strategy and Recent Projects

Commercial Observer
He’s since expanded his horizons and currently spearheads Stellar’s process of sourcing new acquisition opportunities
value seen: Matthew Lembo is a long-serving Stellar investment executive who became co-CEO in March 2026
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://commercialobserver.com/2017/10/stellar-management-matthew-lembo-past-work-investment-strategy/

Sources: title

COMPANYdate not shown in source

Team | NYC Real Estate Developer Leadership

Stellar Management
### Matthew Lembo Co-CEO
value seen: Co-CEO
https://www.stellarmanagement.com/no-fee-NYC-rentals/real-estate-developer/team
AR
Adam Roman
Adam Roman is a Stellar managing partner and principal with operating responsibility. He joined after six years in the Navy and investment banking at UBS; his reported remit has included asset management, operations, financial reporting and work with partners and investors.
Current title
Managing Partner
since 2008
Experience
no career length stated
Companies before
UBS
Education
Columbia Business SchoolMBA
Other boards
none sourced
Known for
Managing partnerPrincipalex-UBSU.S. NavyMBA
https://linkedin.com/in/adam-roman-b02ba66
We property manage and asset manage everything we own, so we’re vertically integrated in that regard. Commercial Observer May 26, 2016https://commercialobserver.com/2016/05/qa-adam-roman-chief-operating-officer-at-stellar-management/

Sources: degree

PRESS2016-05-26

Q&A: Adam Roman, Chief Operating Officer at Stellar Management

Commercial Observer
I received my MBA from Columbia Business School with concentrations in real estate and finance
value seen: MBA
https://commercialobserver.com/2016/05/qa-adam-roman-chief-operating-officer-at-stellar-management/

Sources: institution

PRESS2016-05-26

Q&A: Adam Roman, Chief Operating Officer at Stellar Management

Commercial Observer
I received my MBA from Columbia Business School with concentrations in real estate and finance
value seen: Columbia Business School
https://commercialobserver.com/2016/05/qa-adam-roman-chief-operating-officer-at-stellar-management/

Sources: linkedin page

SOCIALdate not shown in source

Adam Roman

LinkedIn
Adam Roman
value seen: https://linkedin.com/in/adam-roman-b02ba66
https://linkedin.com/in/adam-roman-b02ba66

Sources: previous companies

PRESS2016-05-26

Q&A: Adam Roman, Chief Operating Officer at Stellar Management

Commercial Observer
before working in investment banking [at UBS]
value seen: UBS
https://commercialobserver.com/2016/05/qa-adam-roman-chief-operating-officer-at-stellar-management/

Sources: quote

PRESS2016-05-26

Q&A: Adam Roman, Chief Operating Officer at Stellar Management

Commercial Observer
We property manage and asset manage everything we own, so we’re vertically integrated in that regard.
value seen: We property manage and asset manage everything we own, so we’re vertically integrated in that regard.
https://commercialobserver.com/2016/05/qa-adam-roman-chief-operating-officer-at-stellar-management/

Sources: since

PRESS2016-05-26

Q&A: Adam Roman, Chief Operating Officer at Stellar Management

Commercial Observer
I joined the company a little over eight years ago
value seen: 2008
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://commercialobserver.com/2016/05/qa-adam-roman-chief-operating-officer-at-stellar-management/

Sources: summary

PRESS2016-05-26

Q&A: Adam Roman, Chief Operating Officer at Stellar Management

Commercial Observer
Adam Roman, the chief operating officer and a principal at Stellar Management
value seen: Adam Roman is a Stellar managing partner and principal with operating responsibility
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://commercialobserver.com/2016/05/qa-adam-roman-chief-operating-officer-at-stellar-management/

Sources: title

COMPANYdate not shown in source

Team | NYC Real Estate Developer Leadership

Stellar Management
### Adam Roman Managing Partner
value seen: Managing Partner
https://www.stellarmanagement.com/no-fee-NYC-rentals/real-estate-developer/team
LK
Lyle Kamesaki
Lyle Kamesaki is a Stellar partner working in development. His professional profile describes more than 15 years in New York real estate and experience spanning project execution, entitlements, development, asset management and construction.
Current title
Partner
since March 2014
Experience
15+ years nyc real estate
Companies before
AimcoLandmark Properties of Suffolk
Education
Harvard UniversityMasters, Real Estate
Cornell UniversityBachelors, Architecture
Other boards
none sourced
Known for
PartnerDevelopmentex-AimcoArchitectureHarvard real estate
https://linkedin.com/in/lyle-kamesaki-68776426

Sources: degree

SOCIALdate not shown in source

Lyle Kamesaki

LinkedIn
Masters, Real Estate at [Harvard University]
value seen: Masters, Real Estate
value paraphrased from this source
https://linkedin.com/in/lyle-kamesaki-68776426

Sources: institution

SOCIALdate not shown in source

Lyle Kamesaki

LinkedIn
Masters, Real Estate at [Harvard University]
value seen: Harvard University
value paraphrased from this source
https://linkedin.com/in/lyle-kamesaki-68776426

Sources: degree

SOCIALdate not shown in source

Lyle Kamesaki

LinkedIn
Bachelors, Architecture at [Cornell University]
value seen: Bachelors, Architecture
value paraphrased from this source
https://linkedin.com/in/lyle-kamesaki-68776426

Sources: institution

SOCIALdate not shown in source

Lyle Kamesaki

LinkedIn
Bachelors, Architecture at [Cornell University]
value seen: Cornell University
value paraphrased from this source
https://linkedin.com/in/lyle-kamesaki-68776426

Sources: linkedin page

SOCIALdate not shown in source

Lyle Kamesaki

LinkedIn
Lyle Kamesaki
value seen: https://linkedin.com/in/lyle-kamesaki-68776426
https://linkedin.com/in/lyle-kamesaki-68776426

Sources: previous companies

SOCIALdate not shown in source

Lyle Kamesaki

LinkedIn
### Senior Director of Construction - [Aimco]
value seen: Aimco
value paraphrased from this source
https://linkedin.com/in/lyle-kamesaki-68776426

Sources: previous companies

SOCIALdate not shown in source

Lyle Kamesaki

LinkedIn
### Development Project Manager - [Landmark Properties of Suffolk, Ltd.]
value seen: Landmark Properties of Suffolk
value paraphrased from this source
https://linkedin.com/in/lyle-kamesaki-68776426

Sources: since

SOCIALdate not shown in source

Lyle Kamesaki

LinkedIn
Partner, Development - [Stellar Management] (Current) Mar 2014 - Present
value seen: March 2014
value paraphrased from this source
https://linkedin.com/in/lyle-kamesaki-68776426

Sources: summary

SOCIALdate not shown in source

Lyle Kamesaki

LinkedIn
REAL ESTATE PROJECT EXECUTIVE 15+ years as a NYC Real Estate Professional with extensive knowledge in Project Execution and Entitlements.
value seen: Lyle Kamesaki is a Stellar partner working in development
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/lyle-kamesaki-68776426

Sources: title

COMPANYdate not shown in source

Team | NYC Real Estate Developer Leadership

Stellar Management
### Lyle Kamesaki Partner
value seen: Partner
https://www.stellarmanagement.com/no-fee-NYC-rentals/real-estate-developer/team
AG
Amanda Gluck
Amanda Gluck is a Gluck-family executive at Stellar Management and was reported as part of the leadership core after Larry Gluck’s death. Her role covers marketing and special projects; outside Stellar she serves on the Hudson Square BID board and the Gluck Family Foundation Executive Committee.
Current title
Director of Marketing & Special Projects
since September 2019
Experience
no career length stated
Companies before
none sourced
Education
Syracuse UniversityBS, Marketing Management and Public Relations
Other boards
Hudson Square Business Improvement District — board memberGluck Family Foundation — Executive Committee
Known for
Family-business leadershipMarketingSpecial projectsHudson Square BID board
https://linkedin.com/in/amandagluck

Sources: degree

SOCIALdate not shown in source

Amanda Gluck

LinkedIn
BS, Marketing Management and Public Relations at Syracuse University 2007 - 2011
value seen: BS, Marketing Management and Public Relations
https://linkedin.com/in/amandagluck

Sources: institution

SOCIALdate not shown in source

Amanda Gluck

LinkedIn
BS, Marketing Management and Public Relations at Syracuse University 2007 - 2011
value seen: Syracuse University
https://linkedin.com/in/amandagluck

Sources: linkedin page

SOCIALdate not shown in source

Amanda Gluck

LinkedIn
Amanda Gluck
value seen: https://linkedin.com/in/amandagluck
https://linkedin.com/in/amandagluck

Sources: other boards

OTHER2024-07-19

New ALS United Greater NY Board Members

ALS United Greater New York · carried by als-ny.org
Amanda is also an active board member of the Hudson Square Business Improvement District (BID).
value seen: Hudson Square Business Improvement District — board member
held out of the figures · the quote does not carry this value
https://als-ny.org/new-als-united-greater-ny-board-members/

Sources: other boards

OTHER2024-07-19

New ALS United Greater NY Board Members

ALS United Greater New York · carried by als-ny.org
In addition to serving as a member of the Executive Committee of the Gluck Family Foundation
value seen: Gluck Family Foundation — Executive Committee
held out of the figures · the quote does not carry this value
https://als-ny.org/new-als-united-greater-ny-board-members/

Sources: since

SOCIALdate not shown in source

Amanda Gluck

LinkedIn
Senior Vice President (Current) Sep 2019 - Present (7 years)
value seen: September 2019
value paraphrased from this source
https://linkedin.com/in/amandagluck

Sources: summary

OTHER2024-07-19

New ALS United Greater NY Board Members

ALS United Greater New York · carried by als-ny.org
Amanda Gluck is the Vice President of Marketing and Special Projects at Stellar Management, a family‐owned residential and commercial real estate company.
value seen: Amanda Gluck is a Gluck-family executive at Stellar Management and was reported as part of the leadership core after Larry Gluck’s death
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://als-ny.org/new-als-united-greater-ny-board-members/

Sources: title

COMPANYdate not shown in source

Team | NYC Real Estate Developer Leadership

Stellar Management
### Amanda Gluck Director of Marketing & Special Projects
value seen: Director of Marketing & Special Projects
https://www.stellarmanagement.com/no-fee-NYC-rentals/real-estate-developer/team

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

3 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Astoria PointeNew York, United States
Astoria / Long Island City, Queens
office, retail, mixed use—953,748 sq ft——2019November 5, 2019Jan 2021 – Dec 2021Jan 2025+42.5 mo
(+37.0 to +48.0)
estimatedcompleted
OTTONew York, United States
Greenpoint, Brooklyn
residential for rent, retail19718———2015July 8, 2015 report: “this week”—Jan 2018 – Dec 2018—not scorablecompleted
One SoHo SquareNew York, United States
SoHo / Hudson Square, Manhattan
office, retail——768,000 sq ftUSD 75m
estimated cost
—2012November 28, 2012Sep 2015 – Nov 2015Jan 2017 – Dec 2017+20.5 mo
(+14.0 to +27.0)
sourcedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

1 found
RECOGNITION 2010
ABO Honors Century of Greatness
Stellar Management was listed among the honorees recognized by the Associated Builders and Owners of Greater New York at its 2010 centennial annual dinner dance; this is older than the requested ten-year window and is included only as a documented historical recognition.
Associated Builders and Owners of Greater New York · https://www.bisnow.com/news/new-york/neighborhood/a-century-young-11330

Risks

Risk flags

4 found
FINANCIAL DISTRESS Reported May 15, 2025; alleged default and notice occurred before the report, with the notice of default sent in August (year not specified in the article).
A lender-related entity filed a foreclosure action against Stellar Management and City Urban Realty’s joint-venture entity, Canal Street Ventures, alleging default on a $21 million loan secured by 243 Canal Street; the article reported that the notice of default had been sent in August and that the pre-foreclosure case was filed in May 2025. No response from Stellar was reported.
FINANCIAL DISTRESS Reported January 14, 2026; alleged missed payments began in August 2025 and a further default notice was issued in January 2026.
Mortgage shareholders sued to foreclose on the Columbus Square retail property, developed by Chetrit Group and Stellar Management, alleging that the ownership group missed $1.9 million monthly payments beginning in August 2025 and still had not cured the default after promising to do so; the reported claim sought approximately $370 million including interest and late charges, and no legal response had been filed as of publication.
LEGAL Decision September 30, 2025; amended judgment entered March 3, 2025.
In a construction-related dispute, an appellate court affirmed an amended judgment awarding a subcontractor $163,373.62 plus interest while also affirming dismissal of the subcontractor’s eight extra-work claims against defendants including Libby Management Services, doing business as Stellar Management; the decision stated that the defendants prevailed on their no-damages-for-delay defense, so the outcome was mixed rather than a finding of wrongdoing by Stellar.
DELIVERY DELAY Reported March 20, 2009; underlying stoppage reported as September 2008
At 1140 Avenue of the Americas, Stellar Management and partner Rockpoint Group’s office-tower renovation reportedly lost lender funding in September 2008, construction workers walked off the job, and extensive public-area work remained; the available evidence is old and does not establish the project’s status as of October 15, 2026.

Record status

active
Coverageactive
Tracked sinceOctober 10, 2026
Last checkedOctober 15, 2026 this month
Profile last researchedOctober 15, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.