Rachel Ostow Lustbader
Real Estate Professional
Licensed Assoc. Real Estate Broker
Licensed As: Rachel A. Ostow Lustbader
A consecutively ranked top producing broker at Warburg and most recently ranked in 2020, Rachel Ostow Lustbader was born and raised in New York City., Rachel Ostow Lustbader was born and raised in New York City. She graduated from the Fieldston School in Riverdale, New York, received a B.A. summa cum laude from Tufts University in Boston, and then returned to Manhattan to attend Columbia University School of Law where she was a Kent scholar and received a J.D. in 1978. She practiced labor law at two of the city's most well-respected corporate law firms, Weil Gotshal & Manges and Graubard Moskovitz McGoldrick Dannett & Horowitz.



For over twenty years Rachel has successfully applied her expertise in negotiation and her high degree of integrity and professionalism to the Manhattan residential real estate market. She has consummated sales in a wide range of properties throughout the city, including townhouses and large family apartments in cooperative and condominium buildings on the Upper East Side, Upper West Side, downtown in Gramercy Park, Greenwich Village, Tribeca, the West Village and NoMad, and in many areas of Brooklyn, including Williamsburg, Boerum Hill, Fort Green, Bushwick and Prospect Lefferts Gardens.

Rachel is married to Brian G. Lustbader, a partner specializing in Construction Law at Venable LLP. Brian is also a former President of the Park Avenue Synagogue. They live on the Upper East Side and have two daughters, Sarah, a graduate of the Fieldston School, Stanford University, and NYU Law School, who is currently a Criminal Defense Attorney at the Neighborhood Defender Service of Harlem, and Ilana, an alumna of the Dalton School and Pomona College, who holds Masters’ Degrees in Early Childhood and Early Childhood Special Education from New York University. Rachel serves on the Board of Trustees at the Solomon Schechter School of Manhattan and has devoted herself to numerous other fundraising and other philanthropic activities on behalf of her children's schools, the Park Avenue Synagogue, and Kids of NYU Medical Center, a group devoted to improving the quality of pediatric care and facilities at one of New York's most renowned hospitals.

Licensed as Rachel A Ostow Lustbader

Press

4.9.23
The Real Deal
Eagle-eyed readers of luxury contracts reports and building marketing materials might have noticed a property type that some could be excused for thinking was a typo. This hybrid models is called a ” condop,” and its… More
2.21.23
Brick Underground
If you are contemplating staying in a furnished short-term rental in New York City, you likely have lots of questions and concerns. How do you go about finding one? What do they cost? Are they even legal? And… More
1.3.23
Next Avenue
While home ownership has long been considered a component of the American dream, you don’t truly own that home until you make the very last mortgage payment. Doing so, and finally being free from mortgage payments… More
11.1.22
Apartment Therapy
After they walk through the front door, it’s not uncommon for buyers to make a beeline right to the kitchen — the living room can wait. “The kitchen is the heart of the home,” says New York City real… More
10.28.22
Inman
Even as home prices and rates hit record highs, it’s still possible to attract multiple offers when a property stands out or it’s priced to sell. “We priced it right — right away,” one agent told… More
10.3.22
Brick Underground
It can be tricky if there’s a gap between your apartment leases. In your case, the best option is to talk with your landlord to arrange a way for you to remain in the apartment until… More
9.27.22
Apartment Therapy
In Manhattan, Parisa M. Afkhami, another agent at Coldwell Banker Warburg, says the prime apartments in one building on East 70th Street are actually on the lower floors so the neighbors can do some serious peeping —… More
6.30.22
Brick Underground
New York City brokers are bracing for an “absolutely dead” sales market this summer but that could be good news for buyers who are unscathed by current economic conditions. https://www.brickunderground.com/buy/how-buyers-can-take-advantage-slow-summer-sales-negotiate-discount-pricing-condo-co-op-nyc
6.17.22
Real Simple
In a hyper-competitive housing market, prospective buyers are pulling out all the stops to close bids on new homes—and for some, the winning tactic is a cash offer. In February 2022, 25 percent of home offers were… More
6.3.22
Luxury Daily
Real estate inventory is climbing, but the market remains unpredictable.  https://www.luxurydaily.com/new-york-real-estate-market-may-be-shifting/
2.14.22
Apartment Therapy
Christopher Totaro and Rachel Ostow Lustbader comment. https://www.apartmenttherapy.com/pros-cons-middle-unit-37036670
2.3.22
Brick Underground
Rachel Lustbader & Kate Wollman-Mahan comment https://www.brickunderground.com/improve/install-closet-system-custom-modular-apartment-brownstone-NYC
11.25.21
Apartment Therapy
Kate Wollman-Mahan, Christopher Totaro and Rachel Lustbader comment. https://www.apartmenttherapy.com/brand-new-home-buying-mistake-36998087
10.18.21
Brick Underground
Rachel Lustbader comments. https://www.brickunderground.com/buy/international-foreign-buyers-return-nyc-sales-market-condos-luxury
10.5.21
Apartment Therapy
Rachel Lustbader, Mihal Gartenberg, Steve Gottlieb, Jeremy Kamm, and Hala Lawrence comment. https://www.apartmenttherapy.com/make-bathroom-look-more-expensive-36983416
9.28.21
Forbes
Rachel Lustbader, Allison Chiaramonte, Tania Isacoff Friedland, Bonnie and Lisa Chajet comment, 300 Central Park West, Apt 24G & 255 West 84th Street by Allison Chiaramonte and Tania Isacoff Friedland, and 30 East 85th Street PH30… More
8.29.21
Forbes
Ellen Sykes, Sarah Minton, Parisa Afkhami, and Rachel Ostow Lustbader comment, 1160 Park Avenue 14B by Ellen Sykes, 315 East 65th Street, Apt 10AB by Lisa Chajet and Parisa Afkhami, and 965 Fifth Avenue 5A by… More
7.23.21
The Close
Featured Properties: 196 East 75th Street, 17B; 235 East 87th Street, 11B; and 242 East 19th Street, 2FG by Rachel Lustbader 400 East 56th Street, 26K by Andrea E. Wernick and Bill Kowalczuk https://theclose.com/virtual-staging-software/
7.3.21
Real Homes
Mihal Gartenberg and Rachel Lustbader comment. https://www.realhomes.com/news/the-biggest-mistakes-home-buyers-make-in-a-sellers-market
6.24.21
Brick Underground
Rachel Lustbader and Sarah Minton comment. https://www.brickunderground.com/sell/bricktionary-comps-data-recent-sales-apartment-asking-price-nyc-co-op-condo
5.18.21
BrickUnderground
Sheila Trichter & Rachel Lustbader comment. https://www.brickunderground.com/buy/co-op-buildings-relax-rules-subletting-short-term-rentals-pets-liquidity-nyc
5.17.21
Lux Exposé
965 Fifth Avenue Apartment 5A by Rachel Ostow Lustbader featured. https://luxexpose.com/this-3-5m-apartment-offers-unparalleled-views-of-central-park/
3.26.21
Wall Street Journal
2.26.21
NextAdvisor
Rachel Lustbader comments. https://time.com/nextadvisor/mortgages/investment-property-guide/
2.23.21
New York Post
Rachel Lustbader, Gill Chowdhury, and Christopher Totaro comments. https://nypost.com/article/nyc-real-estate-market-housing-prices/
12.15.20
The Close
Rachel Lustbader, Svetlana Choi, George Case and Sheila Trichter comment. https://theclose.com/real-estate-love-letter/
9.20.20
The New York Times
170 East 78th Street #4F by Rachel Lustbader featured. https://www.nytimes.com/2020/09/20/realestate/home-sales-1500000-dollars.html
8.28.20
The Close
Featured listings: 196 East 75th Street, 17B and 400 East 56th Street, Apt 26K by Andrea Wernick and Bill Kowalczuk. 235 East 87th Street, 11B and 242 East 19th Street, 2FG by Rachel Lustbader. https://theclose.com/virtual-staging-software/
8.21.20
Forbes
Rachel Lustbader comments. https://www.forbes.com/sites/lisachamoff/2020/08/21/as-pied–terre-tax-debate-resurfaces-agents-fear-another-blow-to-the-struggling-nyc-real-estate-market/#16703dd866b1
8.3.20
City Realty
235 East 87th Street #11B by Rachel Lustbader and Jeremy Kamm featured. https://www.cityrealty.com/nyc/market-insight/features/get-to-know/co-ops-no-board-approval-as-manhattan-co-op-inventory-doubles-listing-prices-plummet-35/45522
7.3.20
Business Insider
Rachel Lustbader featured. https://www.businessinsider.com/manhattan-real-estate-broker-sold-apartment-sight-unseen-during-pandemic-2020-7
6.23.20
FOX Business
Rachel Lustbader, Maria Daou, and Arlene Reed comments. https://www.foxbusiness.com/economy/nyc-real-estate-looks-for-post-coronavirus-comeback
3.26.20
Brick Underground
Rachel Lusbader and Domingo Perez, Jr. comment. https://www.brickunderground.com/buy/what-to-do-if-your-real-estate-deal-is-stalled-by-coronavirus-covid-19-nyc
3.22.20
Mansion Global
Jessica Swersey and Rachel Ostow Lustbader comment. https://www.mansionglobal.com/articles/virtual-realitys-role-in-global-real-estate-market-expands-due-to-coronavirus-213291
2.28.20
Real Estate Weekly
Closing by Rachel Lustbader and Jeremy Kamm featured. Done Deals: Reaching new heights
2.21.20
Mansion Global
Rachel Lustbader comments. https://www.mansionglobal.com/articles/more-info-equals-less-risk-why-transparent-housing-markets-are-better-bets-212213
2.14.20
Brick Underground
235 East 87th Street, Apt 11B by Rachel Ostow Lustbader and Jeremy Kamm featured. https://www.brickunderground.com/buy/sponsor-co-op-pick-of-the-week-renovated-junior-four-yorkville-nyc
2.10.20
Realtor.com
Rachel Lustbader comments. https://www.realtor.com/advice/buy/prewar-apartment-pros-and-cons/
1.23.20
Lux Exposé
115 East 9th Street, Apt. 11R by Rachel Ostow Lustbader & Jeremy Kamm, 35 East 85th Street, Apt. 10B by Harriet Kaufman & Dorothy Schrager, 31 Jane Street, Apt. 9H by Rachel Ostow Lustbader & Jeremy… More
11.25.19
Brick Underground
Rachel Lustbader comments. https://www.brickunderground.com/improve/renovate-NYC-eight-best-bathroom-updates-lighting-soaking-tub-rain-shower-radiant-flooring
11.19.19
Forbes
Rachel Lustbader comments. https://www.forbes.com/sites/heathersenison/2019/11/19/why-double-master-suites-are-the-growing-trend-in-luxury-new-developments/#3bfe217561c3
11.18.19
Forbes
Rachel Lustbader comments. https://www.forbes.com/sites/ellenparis/2019/11/18/an-increasing-number-of-real-estate-agents-are-choosing-virtual-staging-to-lure-buyers-to-their-listings/#328be1b53432
10.3.19
OffTheMrkt.com
400 East 56th Street, Apt 17M by Andrea Wernick and Kathryn Landow and 235 East 87th Street, Apt 11B by Rachel Ostow Lustbader and Jeremy Kamm featured. https://www.offthemrkt.com/blogs/homes-under-a-million-to-avoid-the-real-estate-transfer-tax
9.17.19
Business Insider
Rachel Lustbader comments. https://www.businessinsider.com/pied-a-terre-tax-new-york-city-real-estate-2019-9
6.28.19
BrickUnderground
61 Jane St., #10L by Rachel Lustbader featured. https://www.brickunderground.com/buy/sponosr-co-op-west-village-one-bedroom
6.28.19
BrickUnderground
61 Jane St., #10L by Rachel Lustbader featured. https://www.brickunderground.com/buy/sponosr-co-op-west-village-one-bedroom
5.29.19
Business Insider
Rachel Lustbader and Deborah Ribner comment. https://www.businessinsider.com/easy-free-way-to-increase-home-value-real-estate-2019-5
5.11.19
Business Insider
Deborah Ribner, Christopher Totaro, Eric Mendelsohn, Domingo Perez Jr., and Rachel Lustbader comment. https://www.businessinsider.com/how-to-increase-home-value-price-diy-tips-advice-2019-5
4.10.19
Bankrate.com
Rachel Ostow Lustbader comments
3.15.19
Bloomberg News
Rachel Ostow Lustbader comments/ https://www.bloomberg.com/news/articles/2019-03-15/nyc-brokers-see-new-threat-to-luxury-market-in-pied-a-terre-tax
1.4.19
Real Estate Weekly
Closing at 510 West 110th Street, 12D by Rachel Lustbader and Bosco Diaz; Closing at 171 East 84th Street, 11H by Angela Wu; Closing at 255 East 74th Street, 6B by June Gottlieb is featured in… More
10.17.18
Forbes
Rachel Lustbader gives advice about the quality of photos when listing a property. https://www.forbes.com/sites/taramastroeni/2018/10/17/real-estate-agents-answer-whats-the-one-thing-you-wish-sellers-knew/#53ec60ef7f2f
5.4.17
Wall Street Journal
Wall Street Journal advertisement celebrating Warburg Realty’s 2016 Top 10 Producers.
12.10.15
Curbed
Rachel Lustbader’s listing at 85 North 3rd Street in Williamsburg, formerly the residence of model Agyness Deyn, finds a buyer. http://ny.curbed.com/archives/2015/12/10/model_agyness_deyns_old_williamsburg_pad_sells_for_31m.php
12.10.15
New York Observer
Rachel Lustbader’s listing at 85 North 3rd Street, the former home of model Agyness Deyn, sells for $3.1M. http://observer.com/2015/12/under-the-sea-agyness-deyns-former-seashell-themed-loft-sells-for-3-1m/ 
10.16.15
Curbed
Rachel Ostow Lustbader’s Williamsburg loft listing at 85 North 3rd overwhelmingly dominates in Curbed’s “Real Estate Deathmatch.” http://ny.curbed.com/archives/2015/10/16/which_williamsburg_loft_would_you_spend_35_million_on.php
10.2.15
The Week
Rachel Ostow Lustbader’s listing at 85 North 3rd was included in Best Properties On the Market for a collection of refurbished factory lofts around the country. http://theweek.com/articles/580548/6-former-factory-lofts-turned-into-awesome-homes 
8.21.15
The Real Deal
Rachel Ostow Lustbader lists an apartment at 85 North 3rd Street with “virtually unheard of” taxes of only $24 a year until 2025. http://therealdeal.com/blog/2015/08/21/the-taxes-on-this-3-6m-brooklyn-loft-are-just-24-heres-why/
8.21.15
6sqft
Rachel  Ostow  Lustbader’s new listing at 85 North 3rd Street was a featured article. http://www.6sqft.com/model-agyness-deyns-3-6m-former-williamsburg-loft-has-a-tax-bill-of-just-24-a-year/
8.21.15
New York Post
Rachel Ostow Lustbader was interviewed about her new loft listing at 85 North 3rd Street. The current owners purchased the apartment from model Agyness Deyn. http://nypost.com/2015/08/21/tax-on-3-6m-williamsburg-loft-is-just-24/
8.21.15
Brick Underground
352 Riverside Drive, listed by Rachel Ostow Lustbader, was featured in a round-up of homes with fountains. http://www.brickunderground.com/blog/2015/08/fountains 
8.20.15
Curbed
Rachel Ostow Lustbader’s new exclusive at 85 North 3rd Street was a featured property in On the Market. http://ny.curbed.com/archives/2015/08/20/model_agyness_deyns_old_williamsburg_loft_seeks_365m.php 
2.1.14
Mann Report Residential
Warburg Realty, one of Manhattan’s leading real estate companies, recently announced its top 10 brokers for 2013.  Longtime Warburg agent Wendy Greenbaum was the leading broker, followed by Richard Steinberg and Jay Glazer. The top ten… More
1.14.14
Press Release
WARBURG REALTY® ANNOUNCES TOP 2013 BROKERS Wendy Greenbaum, Richard Steinberg and Jay Glazer Lead the Firm’s Most Successful Agents Warburg Realty®, one of Manhattan’s leading residential real estate companies, has announced its top 10 brokers for… More
5.8.11
The New York Times
LINCOLN SQUARE CO-OP $1,250,000 MANHATTAN: 17 West 64th Street (between Central Park West and Columbus Avenue), #8F A two-bedroom two-bath co-op with a combination washer/dryer in a prewar elevator building. PROS: There are windows in every… More

Testimonials

My Blog

Let's work together!
Tell me a little about yourself and what you're looking for.

Reset Password

Start an account to create alerts and save your searches and more...

Get notified when new listings match your saved searches.
Save listings and get updated of any changes in price, status and new open houses.
Hide listings that aren't for you so you don't have to see them over and over again.
Get recommendations and stay up-to-date with your dashboard.

Start an account to create alerts and save your searches and more...

Get notified when new listings match your saved searches.
Save listings and get updated of any changes in price, status and new open houses.
Hide listings that aren't for you so you don't have to see them over and over again.
Get recommendations and stay up-to-date with your dashboard.

Sign in instantly with Facebook or Google!

Or sign up the old fashioned way