News:
Spotlight Content
Posted: August 26, 2025
2025 Women in CRE: Leyann Pena, Reidy Contracting Group
Client Relations
Reidy Contracting Group
What has been the most rewarding project or deal you’ve worked on in your career, and why?
I think a willingness to learn is one of the most important qualities you can have. In construction, so much of what you know comes from being on the job; asking questions, jumping in to help, and picking up tips from the people who’ve been doing it for years. Every project teaches you something new, and staying curious makes you better at what you do.
If you could change one thing about the CRE industry, what would it be and why?
If I could change one thing about the industry, it would be bringing even more young women into construction and real estate. We’ve seen the numbers grow over the past few years, and I hope that continues. Women bring so many strengths to the table; attention to detail, strong communication, and the ability to balance multiple priorities, which are all key to running successful projects.
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)
.gif)
.jpg)
Columns and Thought Leadership
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
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
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
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
.gif)