News: Spotlight Content

Roket of Olshan discusses her 'game changer' transactions

Name: Nina Roket Title: Partner Company/firm: Olshan Years with Company/firm: 14 Years in field: 16 Years in real estate industry: 14 Address: 65 East 55th Street, New York, New York Telephone: 1-212-451-2335 Email: [email protected] URL: www.olshanlaw.com Real estate organizations/affiliations: WX, ICSC, ULI During the last 10 years of your career, which professional accomplishment, honor or achievement was most meaningful to you and why? Becoming the first and only female equity partner and executive committee member of my firm (of 80 attorneys). Which project, deal or transaction was the 'game changer' in the advancement of your career during the last 10 years? There were 3 game changers: 1. Representing the owner of an office building in downtown NY in leasing over 100,000 s/f to the first public high school to open in downtown NY since 9/11. 2. Representing the buyer of a shopping center in Las Vegas, Nevada and handling the leasing of the entire shopping center. 3. Representing the owner of 25 million s/f of office and warehouse space across the country in its leasing program. How do you contribute to your company and / or the industry? I am a co-administrative partner of my firm and an executive committee member. I founded and chair the Women's Committee of my firm whose goal is the advancement of professional women at my firm. I am the first and only female equity partner of my firm and the first and only female member of my firm's executive committee. In addition, I serve on the firm's risk management and hiring committees. What advice would you give to women just starting out in commercial real estate? Network, network, network. Very early on in my career, I realized the importance of getting out there and making connections with people (especially women) in and out of the industry. Capitalizing on those connections have helped me tremendously in generating and giving out business and developing a strong network of women I can call upon for just about anything. On top of that, work really, really, really hard, learn as much as you can and find a great mentor. How do you manage the work / life balance? I don't necessarily believe in balance. Just making each day work as best as you can. Most days are completely out of balance-either dominated by work or personal life. My daughter was 2 when I started law school. I started working right out of law school and have worked straight throughout my career. Having an incredible support system at home was paramount. And working at a firm that understood when personal life needed to take over was key. Who or what has been the strongest influence on your career and why? In my second year at my firm, a client gave me a chance on a small transaction because they were impressed with me when they were opposite of me on a transaction. They took a chance on a junior associate. Over the years, I garnered their respect and confidence. That client (who was my first client) has developed into one of my largest clients to date and really spearheaded my career. How are you using social media to promote yourself, your products and / or your firm? I am using LinkedIn and Twitter to post updates on my matters or matters that are of interest to people in the industry. I have also joined a number of great groups on LinkedIn (including yours) and have made great connections from those groups. Where would you like to be 10 years from today? I'd love to continue to do what I am doing and grow my business. It's funny, just yesterday, I met up with an old friend and a former associate at my firm (she and I graduated law school the same year). She told me who knew 10 years ago (when I was a junior associate) I would be where I am today!
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
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
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”.
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