News: Spotlight Content

2023 Women in CRE: Joanna Rotonde Manfro, Matthews Real Estate Investment Services

Joanna Rotonde Manfro
Vice President
Matthews R.E. Investment Services

What recent project, transaction, or accomplishment are you most proud of? I revived a deal that fell apart at my previous company when I switched firms. Despite the extended timeline and various challenges, I persevered for over six years to finally close the deal. Maintaining a relationship with the owners proved crucial, allowing me to succeed. This experience taught me the significance of persistence and the ability to rekindle and pursue goals. Overcoming asset-related issues with the sellers was gratifying, especially given the elapsed time.

What are the most important factors women in your industry should consider when choosing a firm to build their career with? Women should prioritize their specialty, whether that be geography or product type. Next, finding a supportive and comfortable environment is crucial to success in this industry. 

Who inspires you most? What qualities do they possess that inspire you? All women in CRE, because it is not an easy road. Specifically, women in this industry who have raised a family while growing a successful business. 

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
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
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