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Peter Levitan

Biography

Since 2006, Peter has consummated leases and sales with a gross value in excess of $500 Million. His resume includes numerous influential deals throughout New York City, including some of Brooklyn’s most prestigious and transformative deals. Among Mr. Levitan’s notable deals are his leasing of 247 Bedford Avenue to Apple, 85-103 N 3rd Street to Ralph Lauren’s brand RRL, 129 N 6th Street to Lululemon, 241 Bedford to Sephora, 102 N 6th to VF Corp’s Van’s, and his sale of 184 Bedford Avenue which was the highest price per buildable square foot in 2014 for all of New York City and the highest per square foot ever received in Brooklyn. Additionally he has achieved record rents on over a dozen corridors throughout Williamsburg, Greenpoint, and Park Slope including his leasing of 229 Bedford Avenue to Space NK which was the highest rent per square foot ever achieved in Brooklyn’s history. He has represented numerous notable tenants including Ralph Lauren, Le Pain Quotidien, and Dannon. On the landlord side, Peter has closed deals with SLGreen, Brookfield Properties, Redsky Capital, Waterbridge Capital, C&K Properties, Vornado Jack Resnick & Sons, and The Estate of Sol Goldman.

Prior to forming LEVITAN, Peter joined Sierra Realty in 2006 as one of the company’s three original brokers. After growing sales through the recession, the company partnered with the national firm Lee & Associates in 2011 and promoted him to principal. Mr. Levitan recognized opportunity in Brooklyn and over the next 6 years he established a reputation as the leading broker in the borough and a visionary industry leader. Many of his deals played a major role in Brooklyn’s ascendance into an international retail destination. By 2016, the company had grown to over 50 brokers and Peter was consistently servicing close to half a million sf of exclusive retail space, accounting for over 25% of the company’s exclusive retail listings. In 2017 Mr. Levitan formed LEVITAN to further develop his comprehensive analyses of  real estate markets, helping tenants identify opportunities, helping landlords generate interest in their properties, and foster committee approvals.

Peter was named in The Commercial Observer’s 30 under 30 in 2013, and selected as one of Commercial Observer’s “Brokers to Watch in 2012.” He has also been quoted in The Wall Street Journal, The New York Times, New York Post, Crain’s NY Business Magazine, and bylined the article “Seizing Opportunity When the Sky is Falling” in The Commercial Mann Report. Mr. Levitan became the youngest Real Estate Board of New York’s (REBNY) committee chairman when he was elected to serve on the commercial Brooklyn committee.  He also sits on the REBNY retail committee, is a licensed Real Estate Broker in New York, and an active member of the International Council of Shopping Centers (ICSC). A native New Yorker, Peter was born and raised in Manhattan, and is a graduate of The Horace Mann School and Connecticut College.