News: Spotlight Content

2017 Women in Building Services: Julie Raisch, CompStak

Name: Julie Raisch

Title: Director of Expansion

Company Name: CompStak

Years in real estate: 3

What real estate associations or organizations are you a member of? CREW, ULI 

How have you navigated obstacles to achieve success in your career? 

My biggest obstacle has been being taken seriously. Historically, CRE conferences haven’t been filled with women, young people, and tech startups – I had to know my stuff. I spent time with senior brokers and studied the market. Over time, I gained credibility and was able to show brokers how they could close more deals and deliver deeper insights with better data. The industry’s slow embrace of technology was certainly an initial obstacle, but I believe those headwinds have changed through better communication and collaboration between tech and the CRE community. 

How do you play your strengths to your advantage in your career?

I can’t emphasize hustle enough. Beyond hard work, I’ve mostly relied on the power of relationships in my career. CRE is and always will be a relationship industry. When I joined CompStak, we were in 10 markets. I lead our expansion efforts and we’ve only been able to launch our 70th market through the strong relationships I and the team have worked to build with the brokerage community. My personal career growth has been guided by incredible mentors along the way–the co-founders of CompStak, Juliette Morgan, and others who have helped me to grow. 

What trends are you seeing so far this year? 

Blockchain’s finally getting the airtime it deserves, but we’re still at the proof of concept stage in property. In the data space, I’m really interested in the ability of disparate data sets to enrich each other and allow the end user to derive greater insight. We’re doing some exciting things with some big names around this at CompStak and I think that’s a trend you’ll see across the sector. CREtech is due for a bit of consolidation given the sheer number of companies out there right now, but I think that’ll only provide a stronger offering for the property industry. 

What do you do for fun?

My interests include running, oyster farming, boating, beaching, family, friends, local politics, and reading as much as possible! 

MORE FROM Spotlight Content

Over half of Long Island towns vote to exceed the tax cap - Here’s how owners can respond - by Brad and Sean Cronin

When New York permanently adopted the 2% property tax cap more than a decade ago, many owners hoped it would finally end the relentless climb in tax bills. But in the last couple of years, that “cap” has started to look more like a speed bump. Property owners are seeing taxes increase even when an
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Properly serving a lien law Section 59 Demand - by Bret McCabe

Properly serving a lien law Section 59 Demand - by Bret McCabe

Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
Oldies but goodies:  The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

Oldies but goodies: The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability
How much power does the NYC mayor really have over real estate policy? - by Ron Cohen

How much power does the NYC mayor really have over real estate policy? - by Ron Cohen

The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:

Formal Legislative Role

Limited direct lawmaking power: The NYC Council is the primary
The strategy of co-op busting in commercial real estate - by Robert Khodadadian

The strategy of co-op busting in commercial real estate - by Robert Khodadadian

In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but