News:
Spotlight Content
Posted: August 26, 2025
2025 Women in CRE: Luly Bestard Melarti, Reynolds Asset Management
Vice President Architecture & Design
Reynolds Asset Management
What skill or quality do you believe is essential for success in your field today?
Today, the most essential skill is the ability to think cross-disciplinarily. In commercial real estate, you need to understand design, finance, and market dynamics simultaneously. The projects that perform best are those where the team can anticipate how a design decision impacts tenant experience, construction cost, and long-term NOI. That requires curiosity, adaptability, and the willingness to learn outside your core discipline.
What advice would you give to a woman considering a career in commercial real estate?
First, know your value. Your perspective is an asset in an industry that benefits from diverse viewpoints. Second, build a network early and nurture it consistently; relationships matter. Third, don’t be afraid to speak the language of finance; understanding the numbers behind a deal will make you an indispensable part of the conversation. People come to commercial real estate from a wide range of professions, each bringing a unique expertise with value and purpose. Use that background to your advantage, it’s often your differentiator in the room.
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)
Quick Hits
.gif)
.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)