Mediator, Construction Appraiser, Home Inspector and Business Owner
Mr. Lustig has more than 25 years of experience in all aspects of residential construction and home inspection. He is a licensed federal construction appraiser and a licensed New Jersey home inspector. He has successfully mediated numerous disputes using his extensive building and construction pricing knowledge. He owns a firm that annually completes more than 175 residential construction estimating assignments and more than 200 home inspections. He oversees the release of more than $3,200,000 of escrowed construction funds for more than 40 active sites. Prior to this he modernized the operations of a 50 employee, New York City based plumbing contractor. As general manager of a 1,000 unit Manhattan cooperative he professionalized a business with annual revenues totaling $12,000,000. As a multi-family asset manager he purchased, improved and sold 500 units of distressed real estate. He has purchased and renovated a substantial amount of single family housing.
Recent Mediation Experience
2011 to Pres.
Professional Home Inspections of New Jersey - Owner - Construction Appraisers and Home Inspectors. Firm specializes in HUD/FHA and Fannie Mae construction appraisal, first time buyer home inspections and construction funds releases for residential renovation projects.
2005 to 2011DeWaters Plumbing and Heating, New York, NY - Principal, COO - 50 employee plumbing contractor focused on re-piping occupied dwellings and alterations.
2002 to 2005 Morningside Heights Housing, Corp, New York, NY - General Manager, 1,000 unit,6 building Manhattan cooperative. Responsible for all operations, capital projects.
1998 to 2002 Affirmative Equities Co., New York, NY - Asset Manager - Purchased and renovated 50-150 unit multi-family apartment complexes throughout the South.
1991 to 1998 Residential Housing Redevelopment, New Jersey - Purchased, renovated and sold 10 single family properties in Northern New Jersey.
WOR, Radio 710 - The Joe Bartlett Show - Guest speaker - May, 2016 - Show topic, How to Finance Renovation Projects and Distressed Real Estate.
Residential Home Funding - January, 2015 - Annual meeting presentation to 200+ loan officers on how to finance properties requiring renovation.
Middlesex County Board of Realtors - May, 2014 - Presentation to 175 realtors on the benefits of renovation financing.
Prospect Mortgage - October, 2013 - Presentation to 300 realtors and loan officers titled Renovation Loans Simplified.
Ongoing renovation financing presentations to groups of loan officers, loan processors and realtors - 2012 to Present.
Licensing and Education
- HUD/FHA, Fannie Mae Licensed 203k, HomeStyle Construction Consultant - P1690
- State of NJ Licensed Home Inspector - 24GI001139
- State of NJ, Department of Banking and Insurance, Continuing Educ. Instructor - 1000565
- State of NJ Licensed Radon Measurement Technician - MET-12982
- American University in Paris, France – Bachelor’s Degree, Finance & Administration, 1986
- Inspection 21, Home Inspection Inst., NJ - 180 Hour Study Curriculum for Licensure, 2011
- Continuing Education - Ongoing, multiple continuing education courses and seminars for
construction consulting, home inspection, education and radon licenses.