News: Spotlight Content

Simonelli of Holt Construction: Honored to be recognized by PWC

Name: Debra Simonelli Title: Director of Operations Company Name: Holt Construction Corp. What recent project or transaction are you most proud of? The World Trade Center Vehicular Security and Tour Bus Parking Facility (VSC). What recent honor, achievement or recognition has meant the most to you and why? My key participation as the Port Authority of NY & NJ (PANYNJ) Program Director for the VSC (an $800 million program) is by the far the most significant in my career. It was an honor to be recognized by Professional Women in Construction as an honoree for the coordination, design and construction of the World Trade Center VSC, (the central artery for the sites truck and parking system). My involvement with adjacent Programs such as 1 World Trade Center, World Trade Center Memorial, PANYNJ transit Hub and the myriad of stakeholders associated with rebuilding of the World Trade Center site was the most profound experience of my career. Who or what has been the strongest influence on your career and why? The strongest influence in my career has been my "passion" for design and building. What is the first thing you do when you arrive in the office in the morning? My morning activities vary in terms of my physical location and the activity I may be engaged in. On any given day of the week I may start my morning by visiting a construction site, meeting with clients or staff, meeting with Senior Executives or the President of Holt Construction. I may be in New York City, New Jersey, Boston or Philadelphia (Holt Offices). My weekly schedule is typically determined on a Friday for the following week. Mornings require me to prepare the night before so I can be fully engaged. What time management strategies do you find to be the most effective for you? I have always found Stephen Covey 7 Habits of Highly effective people "Begin with the end in mind" to be extremely effective in my life.. Although "Begin with the End in Mind" is about creating a blueprint for your life and defining what matters most - the principles translate to daily activities and time management as well. What is the best advice you have received and who was it from? The best advice has been from someone I consider a dear friend Joan Gerner the former Commissioner of NYC Landmarks Preservation. There is so much I have taken from our conversations over the years. The best advice was "continued perseverance". List 3 women that you would like to have drinks / dinner with and where would you go? Maya Angelou - I would have to visit heaven Gae Aulenti (Musee d'Orsay Architect) - I would have to visit to heaven Sabrina Kanner - I would defer to my guest What is your favorite quote? "I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel" Maya Angelou What did you want to be when you grew up? I wanted to be an architect and grow up in New York.
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”.
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
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