News:
Spotlight Content
Posted: June 27, 2023
2023 Ones to Watch Industry Leaders: Shahid Jafri, Jafri Group
Founding Principal
Jafri Group
Number of years in CURRENT position: 2
3 skills that you use every day in your position: Creativity, confidence, emotional intelligence.
Best book, podcast, or app for aspiring leaders: The House of Dimon: How JPMorgan’s Jamie Dimon Rose to the Top of the Financial World.
Best advice for new leaders in 10 words or less: Adapt to change and stay uncomfortable.
What recent project, transaction or accomplishment are you most proud of? I founded a holding company, Jafri Group, that operates three small portfolio companies and has a few strategic relationships. I am most proud of the growth of Jafri Journal and Jafri Capital during unprecedented economic times. Jafri Journal’s expansion has been creating its own sphere of influence. Jafri Journal now has three newsletters, National, Manhattan, & Tampa Bay. Jafri Capital started as an equity brokerage. Today we are a middle-market acquisitions firm targeting multifamily and industrial.
What makes this nominee an Industry Leader? “I have been privileged to work alongside Shahid for the last two and a half years. He has taught me everything I know about real estate and has shown me the ins and outs of running a company. He is selfless, humble, and puts his people first. I am honored to be a part of the Jafri team.” - Ellie Kimmes, Principal at Jafri Journal.
Tags:
Spotlight Content
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
.png)
Quick Hits
.jpg)
Columns and Thought Leadership
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
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
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
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”.
.gif)