News: Spotlight Content

Sharon of TerraCRG discusses daring career move

Name : Efrat Sharon Title : SVP Debt Financing Company/firm : TerraCRG Years with Company/firm : 2 Years in field : 8 Years in real estate industry : 12.5 Address : 592 Pacific St. Suite B, Brooklyn NY 11217 Telephone : 718-568-9261 Email : [email protected] URL : http://www.terracrg.com/team/efrat-sharon/ Real estate organizations/affiliations : YMBA What is the most daring thing you've done for your career? How did it turn out for you? Since I moved to the US from Israel in my mid-twenties, I'd say the most daring thing I've done was to become an independent broker after being an analyst in the debt business for less than two years. I had no client base or book of business, no friends from college years, no relatives in the business who I could reach out to, and no financial stability. Luckily I also had no clue as to what I was getting myself into, and that leap of faith turned into the most valuable lesson I learned about my own resilience and capacity for success. What do you consider to be the most successful way to increase referrals? Straight shooting and treating everybody with respect. When you listen carefully to what prospective clients say they wish to accomplish, and use your best resources, personal and others, to understand the challenges they are expected to face, and then you follow up with a simple genuine answer as to what you believe they could benefit from or how they should go about their business, whether it's with your help or somebody else's who is better fitted for the job, people tend to appreciate it and send others your way with a warm recommendation.
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
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
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