News: Spotlight Content

Poskon of Trinity: Exciting to turn over a great project

Name: Jennifer Poskon Title: Project Manager Company Name: Trinity Building + Construction Management Years in Commercial Real Estate: 10 In the last 12 months, which project, transaction, honor or accomplishment are you most proud of and why? Two things from the last 12 months really stand out in my mind. I received an official promotion to project manager (which I had been functioning as for some time), and completed a restaurant in the DUMBO area of Brooklyn that was quite a transformation of a very old building. It's always very exciting to turn over a great project. What were your biggest fears when you started out in your profession? I had typical fears that I think most young professionals have, such as wondering if I was good at my job, if I'd be successful, would my co-workers like me, etc. I think my biggest fear, however, was getting into the construction field (which at the time was very male-dominated) as a female - I worried if I'd be taken seriously. I can still remember the first time I was asked if I was the "coffee and donuts girl!" What was your first job and what did you learn from it? My first real job was as an estimating intern at Turner Construction. I learned a lot about construction, how to read plans and details, how to use unit costs to verify subcontractor quotes, etc. I think the biggest thing I learned from working there is just the sheer importance of teamwork. We had a really great estimating team - everyone brought different strengths to the table. What are you doing differently in 2014 that has had positive impact on your career? I'm learning to take one thing at a time, and that it's ok to do so. As a project manager, I tend to try and work on change orders, RFI's, Submittals, and email correspondence all at the same time, which can result in about 10 half-completed emails by lunchtime! As important as work is, you need to find a good work-life balance.
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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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”.
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
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