Jay Luchs, a Vice-Chairman at Newmark, may be best recognized for his For Lease and Leased signs on buildings throughout the streets of Los Angeles, but his range in the industry includes representing some of the world's most notable fashion brands for their retail and offices locations, entertainment companies and other businesses in finding their corporate headquarters and for selling investment properties. He takes pride in spending as much of his energy working with small retail brands as on larger deals, as the landscape of Los Angeles is very important to him. Being a part of its continuing growth and change while preserving the great history and soul of LA is a top priority for Luchs.

In 2021 Luchs represented LVMH in their $200 million purchase of the Luxe Hotel on Rodeo Drive. In 2020, he sold 457-459 N Rodeo Drive to the Rueben Brothers for $122 million which will be available for lease to a flagship retailer in 2023 and in 2018 Luchs assembled four properties on Rodeo Drive and neighboring Beverly Drive on behalf of LVMH in $465 million of acquisitions for what will become the Cheval Blanc hotel in years to come.