News: Spotlight Content

Women from YM/WREA discuss their careers: Laurie Shapiro

Name: Laurie Jean Shapiro Company: Meridian Capital Group LLC Year with company/firm: 5 Years in field: 30 Address: One Battery Park, New York, NY 10004 Telephone: 917-363-0177 Email: [email protected] Responsibilities include: Origination and placement of debt requests from investors with financial institutions. Real estate organizations/affiliations: YMWREA, WX, Cornell Real Estate Council. Other involvement with Joans Legacy, Hebrew Home for the Aged Professionally, where were you ten years ago and where are you now? I used to be a real estate loan officer at Republic National Bank of NY/HSBC, and used this background as a springboard for finance and brokerage. What single event, professional or personal, has most significantly impacted your career? My career at FGH where I researched all property date/analysis of cash flow and wrote all investment memorandums to Foreign Aegon Board for Approval. What was the best decision that you made in the last year? To make it a point of getting to know as many bankers personally so my loan requests are given priority. What award or recognition has been the most meaningful to you and why? I could say my tennis awards, but professionally, when deals get placed. How do you stay ahead of the curve? I read journals and stay in touch with clients, whether or not they are active in the market. Who has been the strongest influence on your career and why? Many of my prior bosses at FGH and Republic. There is some truth to "no pain-no gain!" What impact has social networking had on your success? It's given me the ability to connect with people on an easier level. How has the need to create a more sustainable environment influenced the way you do business? Impacted the building or green properties. What obstacles have you overcome to get where you are today? Many: Always being the first at every job - first real estate paralegal, first loan officer all male company - First...First! What advice would you give to a woman just starting a career in your field? Develop critical relationships with other people in the industry. Never burn any bridges since you don't know where you will be working tomorrow. Stay abreast of your career. Never get lazy. Treat every person with respect and dignity and, finally, do as much for yourself as possible. Don't rely on secondhand information or work.
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