News: Spotlight Content

Ones to Watch Fall 2022: John Abbate, Douglas Elliman Commercial

John Abbate
Real Estate Salesperson
Douglas Elliman Commercial

What recent project, transaction or accomplishment are you most proud of? 

I’ve only been with Elliman since the summer and I’ve been able to generate a substantial pipeline here, as well as establish myself in the industrial sector. Having strong momentum even during these unprecedented market conditions is a great feeling.

Tell us about a mentor or role model that has influenced your career choices?

I can’t point to just one, I try to learn something from each person I meet. However, since I’ve been at Elliman I’ve realized that Michael Murphy’s leadership ability is top class. That’s a super rare trait and it’s certainly impacted me positively.

What 3 skills do you consider the most important to be successful in your industry?

Fearlessness with regards to outreach is far and away number one. If you can’t pick up the phone and can’t go out and meet new people, it’s over. Knowing your information and presenting yourself well are the other two.

What is one lesson that you had to learn the hard way?

Only worry about what you can control. There’s going to be craziness or less than ideal environments, you just have to focus on your work and doing what’s best for you in the given scenario. There’s always a solution.

What do you enjoy doing when you are not working?

I took up tennis over the quarantine in 2020 and it’s become one of my favorite things to do. I’m always looking for new people to play with, so if you need a hitting partner, feel free to give me a call.

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
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
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”.