News: Spotlight Content

2017 Women in Building Services: Kate Goodman, ATCO

Name: Kate Goodman

Title: Co-President

Company Name:  ATCO

Years in real estate: 20

What real estate associations or organizations are you a member of? The Committee of 200, Women Presidents’ Org.; New York Women Executives in RE, REBNY; Realty Advisory Board, KiDS of NYU Medical Center

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

I’ve learned to be a good listener and have patience - these two tools have been invaluable to me during the most challenging moments. The person who shouts the loudest is not always the one whose point is heard. I have never pretended to know the answer when I didn’t. I sought out experts, did my due diligence and continued to educate myself in areas that I thought would further our mission and support my future. I’ve always tried to look at obstacles as challenges and opportunities for growth rather than road blocks.

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

As I have assumed more responsibility over the 20 years that I have been at ATCO, I have relied on my strength as a manager to nurture our various divisions. So much of what I do revolves around managing teams of people. I thrive on teamwork and relish cultivating a happy corporate environment. As leaders emerge and rise within the company, it’s important to promote independence, confidence and accountability. I know when to step out of a meeting and empower other members of my team by encouraging them to lead by playing to their own, unique strengths. A strong team reflects solid leadership.  

What trends are you seeing so far this year? 

I see four main trends:

1. Office deals are taking longer to close. 

2. Street retail vacancy is widespread throughout the city. 

3. Food Hall popularity is booming.

4. Billionaires’ Row residential apartments are languishing on the market.

What do you do for fun?

I love to travel with my husband and three sons. I also enjoy reading, listening to music and practicing yoga.

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”.
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
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