The Real Deal New York

Steven Vegh began his real estate career focusing on the capital markets side of the business, with loans to owners and developers. But after his first real estate sale, Vegh said he was hooked and never looked back.

Veghs father worked at Cooper Horowitz, and instilled in Vegh a love of the real estate industry. Vegh began working as a broker for GFI Capital, where he stayed for nearly nine years. After that Vegh was a managing partner at Multi-Investment Group, where he focused on property acquisitions. Finally, in 2012, after being asked to represent a client in a deal, Vegh decided to go back to brokerage and opened his own firm, Westwood Realty Associates.

Even though Vegh is still the only broker at Westwood, he is clearing as much in sales as some larger shops. Vegh quickly closing more than $1.5 billion in sales in the first two years of operating, including record sales prices in the Bronx and Williamsburg. During itsfirst year alone, Vegh's firm ranked as the 15th highest investment sales firm in New York by The Real Deal, netting $368 million in 10 deals. By 2014, Westwood had climbed slightly higher, to 11th on the list with $889 million in deals, much of that in the latter half of the year. In some cases, Vegh represented the buyer and the seller in big deals, as with the $67 million off-market sale of 838 West End Avenue.

Vegh graduated from Brooklyn College.