News: Front Section

NEWiRE president's message: Choosing to succeed

Choices. We all face them every day: what to wear in the morning, where to eat lunch, etc. Most are fairly mundane, but other choices can be more impactful. For example, what if we put more thought into the choices we make that affect our career? Can we, in fact, choose to succeed? I pose the question because I recently attended the Commercial Real Estate Women (CREW) Network Convention in Chicago, October 24th-27th, where the theme of this year's event was "choice." I found it to be both thought-provoking and inspiring as it relates to one's career. But first let me begin with a brief re-cap of events to put things in context: Prior to the official opening of the convention, I attended a delegate meeting. There we met to discuss various issues, as well as vote on the slate for the 2013 president elect and board members. I am pleased to relay that two of our own NEWiRE members, Judy Nitsch of Nitsch Engineering and Janet Pirrello of BayNorth Capital LLC, were voted president-elect and board member, respectively. Each CREW convention includes an Insider's Tour of particular areas or projects the host city wants to showcase. In this case, it was Millenium Park, an award-winning center for art, music architecture and landscape design which was once nothing more than railroad tracks. From a real estate perspective, the park has become an anchor, a catalyst to new multi-family developments and a revitalization of the area. Sheena Iyengar, a professor at Columbia Business School and author of "The Art of Choosing" who also happens to be blind, spoke about leadership and choice. According to her, successful leaders possess the ability to see choice where others do not—and use those choices to empower themselves and their teams. Even when we hit our limits, we have a choice. Best-selling author, business expert and management educator, Jim Collins, spoke about his most recent book, "Great by Choice: Uncertainty, Chaos, and Luck - Why Some Thrive Despite them All." He points to luck simply being an event. We all have a choice as to how we deal with luck, good or bad. Other activities included the marketplace networking and welcome reception where members can meet and re-connect. The IMPACT Awards, which is a night dedicated to celebrating talented women in real estate. Concurrent sessions that covered capital markets, calculating a green building ROI, retail trends, urban redevelopment, to name a few. Learning excursions that included the Chicago Architectural Cruise. Clearly, the overall theme of "choice" was intriguing. Which leads back to my initial question: can we choose to succeed? I would argue, yes, we can. For instance, it wasn't an accident that Nitsch and Pirrello came into CREW positions. They chose to throw their hat in the ring and let people know that they wanted a place at the table. And I, personally, made the choice to go to this year's conference and I'm glad I did. As with anything, knowledge gives us the power to make informed choices. Some of the best minds in the industry presented sessions during the convention. I chose to capitalize on this opportunity by not only attending sessions, but by reaching out and expanding my network. Ultimately, what I took away from this year's CREW Convention is that not all choices in life are "right" or "wrong." It's more about being aware of the all of the options available to you, especially in our careers. In other words, you can succeed if you choose to. Holly Nelson is the 2012-2013 president of New England Women in Real Estate (NEWiRE), Boston, Mass. To learn more about NEWiRE and upcoming events visit www.newire.org.
MORE FROM Front Section

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
Four tips for a smooth 1031 Exchange - by Bill Lopriore

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Make PR pop by highlighting unique angles - by Stanley Hurwitz

Make PR pop by highlighting unique angles - by Stanley Hurwitz

Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.