News: Brokerage

Silpe of Berko & Associates: Young COO helps takes company to the next level

Name: Lee Silpe Title: COO | Senior Analyst Company/firm: Berko & Associates Year Company was founded: 2005 Years with company/firm: 4 Years in field: 4 Years in real estate industry: 4 Address: 18 East 41st St, New York, NY Telephone: 212-687-0777 Email: [email protected] URL: www.berkoassociates.com Twitter: @leesilpe Which project, deal or transaction was the "game changer" in the advancement of your career? The transaction that meant the most to the advancement of my career was contracting a 170,000 s/f industrial loft building in Bushwick, Brooklyn. The negotiations took almost a year before putting into a hard contract. The deal taught me how to persevere on a deal, and also how to get to know and understand the wants and needs of all of the parties involved. The building is slated to become a creative loft office space that will attract a slew of young companies and subsequently new job opportunities in one of the fastest growing neighborhoods in NYC. Who or what has been the strongest influence on your career and why? The strongest influence on my career has been the principal at Berko & Associates Joe Berko. He took a chance and gave me the opportunity at age 24 to be a senior analyst in an office of 15 seasoned associates. A few years later, Joe and our other two directors, who have also played a role in my development, and myself, have grown the company. Now with a staff of 24 employees, as COO/partner, I oversee the operations and manage the office. Joe gave me 110% support when needed, but took a laissez-faire approach that allowed me to learn and grow. Where would you like to be 10 years from today? As Berko grows, we hope to be more full-service to our clients, offering new solutions to make us even more of a "one-stop shop." The executives at the company are in the preliminary stages of forming an investment fund, which I am a partner in. In 10 years, I believe that I will oversee the management of the company and we will triple the business we do today, in addition to a bevy of enterprises tied to the company so we can support our clients in all of their own ventures.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,