News:
Spotlight Content
Posted: September 24, 2024
2024 Women in CRE: Khyati Shah, Vocon
Senior Associate & Practice Leader
Vocon
Why should this nominee be recognized in our Women in Commercial Real Estate Spotlight?
“Khyati Shah has demonstrated her expertise and commitment through her nearly two decades of award-winning work and leadership. As a Practice Leader, Khyati excels in building repositioning, tenant amenities, pre-lease and leasing strategy, consistently delivering innovative spaces for landlords and developers. She is known for translating complex ideas into dynamic environments while staying on time and within budget. Khyati’s leadership fosters a collaborative approach, inspiring her team to listen to clients and deliver exceptional results. Her dedication to excellence and client satisfaction sets her apart as a leader in commercial real estate.” - Karley Bessez, Marketing Director at Vocon.
What recent project, transaction, or accomplishment are you most proud of?
A remarkable project transforming an amenity space in an iconic NYC building. Capitalizing on the building’s impressive ceiling heights, we created a unique basketball court that seamlessly converts into a town hall with the pull-out bleachers. This space also features golf simulators and a sophisticated bar/lounge area. The design pays homage to the building’s history with a replica of its iconic ceiling, a striking 12’ x 18’ mosaic of the structure, and vibrant NYC-themed graffiti on the basketball court. We partnered with our landlord clients to design/implement business-ready suites and amenities, showcasing our dedication to enhancing their properties.
What are the most important factors young women should consider when choosing a firm to build their career with?
Look for a firm whose culture aligns with your personal values and work style. A supportive, collaborative and inclusive culture can impact job satisfaction and career growth. Working for a firm whose goals align with your values can be more motivating. Look for a firm with strong, supportive leadership and management. Evaluate the firm’s commitment to career development. Does the firm offer mentorship programs, professional development opportunities, & training? Consider the firm’s policies on work-life balance, competitiveness of salary and benefits packages. Look for evidence of gender diversity in leadership roles and active diversity initiatives.
Tags:
Spotlight Content
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
.png)
.jpg)
Columns and Thought Leadership
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
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
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
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
.gif)