News: Spotlight Content

2018 Women in Real Estate and Construction Services: Tripty Arya, Travtus

Name: Tripty Arya

Title: Founder / CEO

Company Name: Travtus           

Years in your current field: 10

What professional organizations or associations are you a member of? Columbia Alumni Association, Cornell Alumni Association

What was your greatest professional accomplishment in 2017? 

Building the first “digital” property manager called Adam. He talks, texts and helps coordinate your operations for work orders. He’s amazing! Being a part of the Metaprop Accelerator in NYC 

What was your most notable project 2017?

Building a team that was able to deliver “adam”

If you have had a mentor in your career, who was it and what did they teach you? 

Camille Douglas from Lefrak. She was my professor at University and is also a power house in real estate. She was instrumental in making me feel comfortable with speaking my mind & trusting my intuition. She is also a sounding board and motivator when things need to be thought through. Its been 6 years since I took her class and she still makes an impact in my everyday work.

What trends are you seeing so far this year in your field? 

This year is a year of change. Its about changing thought process and realization that the world we take for granted will not stay the same. We have never seen so many companies looking at tech in a real way. You see large real estate companies talk about their “technical stack”, a concept which was not common atall uptil a year ago. There is also a trend towards wanting more open and connected platforms which are not just driven by accounting but by the actual asset

When I am not working I am…

On a flight or doing laundry.

MORE FROM Spotlight Content

Check out NYREJ's Developing Westchester Spotlight!

Check out NYREJ's Devloping Westchester Spotlight!

NYREJ’s Developing Westchester Spotlight  is Out Now!
Explore our Developing Westchester Spotlight, featuring exclusive Q&As with leading commercial real estate professionals. Gain insight into the trends, challenges, and opportunities shaping New England’s commercial real estate landscape.  

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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”.
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
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