About
Berel Farkas
Berel “Barry” Farkas is a highly accomplished real estate developer, entrepreneur, and philanthropist with a proven track record in transforming urban landscapes. Based in Brooklyn, New York, Berel co-founded Lightstone Management in 2010 with a vision to address the growing need for affordable housing in NYC. Under his leadership, the company has developed over 1,000 low-income housing units, with a combined value surpassing $500 million.
Farkas’s ambition extends beyond New York City, as Lightstone Management has diversified its projects across the United States. Current developments include a 500-unit apartment complex in Nashville, Tennessee, a 360-unit residential project in Douglas County, Oregon, and a 5,000,000 square foot mixed-use residential and commercial venture in Florida. In addition, Lightstone owns and manages over 550 units in NYC and 1,000 units in other states.
Recognizing the importance of investment diversification, Berel and his partners established Lightstone Holdings LLC in 2018, focusing on private small business lending and exploring emerging opportunities in blockchain and cryptocurrency. His forward-thinking mindset ensures that his ventures remain innovative and future-ready.
Beyond business, Berel is deeply committed to giving back to his community. He has established two scholarships, the Berel Farkas Scholarship and the Berel Farkas Grant, each offering $1500 to U.S.-based graduate and undergraduate students. These scholarships reflect his passion for empowering the next generation through education and personal development.
With a career spanning real estate development, strategic investments, and community-focused initiatives, Berel (Barry) Farkas continues to shape a legacy of innovation, leadership, and positive societal impact.