News: Spotlight Content

2020 Ones to Watch: Ryan Severino, JLL

Name: Ryan Severino

Company: JLL 

Title: Chief Economist

Education: Columbia University, master’s; Georgetown University, bachelor’s 

How do you contribute to your community or your profession?
In addition to working at JLL, I have been an adjunct professor here in New York for the last 11 years. In the fall, I will also begin teaching at the Fordham Real Estate Institute. I really enjoy engaging with the students, particularly around some of the more esoteric aspects of finance and economics that many students and even professionals do not often think about, but are vital to the performance of the commercial real estate industry. 

What do you like most about your job?
I enjoy the challenge of it. As my grandfather used to say in his slightly imperfect English, “If it was easy, everybody would do it.” I am charged with analyzing and forecasting the economy, discretely understanding the implications for commercial real estate, and then explaining that to people in a way that they can easily understand. It must also be why I enjoy teaching so much. 

Who or what inspires you?
I have been blessed with great teachers and mentors from elementary school through my career. I would not be where I am without them. I try to pay that forward wherever I can–in the classroom, in the office, or speaking at a conference.

What led you to your current profession?
I have always been a very academic person. In another life, I would have been a full-time professor. My career has increasingly involved academic aspects of real estate. I gained a foundation in commercial real estate by working in functions such as asset management, portfolio management, and acquisitions during the early stages of my career. After graduate school, I transitioned to research and then found my niche in economics. I enjoy that my position sits at the intersection of core knowledge areas such as commercial real estate and economics, technical skills such as coding and mathematics, and soft skills such as speaking and writing. 

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
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
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
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