News: Spotlight Content

2024 Women in CRE: Sarah Cudmore, Ciminelli Real Estate Corporation

Sarah Cudmore
Senior Business Development Manager
Ciminelli Real Estate Corporation

Why should this nominee be recognized in our Women in Commercial Real Estate Spotlight? 

“Sarah Cudmore is dedicated to success through hard work and dedication. She recently onboarded multiple property management clients in the healthcare industry totaling 175 locations in NY and PA. She also spearheaded formation of a corporate Employee Resource Group to increase opportunities for mentorship of women in the company, serves multiple community organizations, and participates in professional development programming. Sarah has served on the board of our local Building Owners & Managers Association (BOMA) and volunteered on NAIOP committees, and is active in CREW (Commercial Real Estate Women) which provides women with mentorship and networking opportunities across multiple regions.” - Andy Schwartz, Vice President of Marketing and Public Relations at Ciminelli Real Estate Corporation. 

Who inspires you most? What qualities do they possess that inspire you? 

I’m most inspired by my mom. She’s incredibly hard working and selfless. Her team is always celebrated first and she owns their losses. She also makes a point to never ask someone to do something she wouldn’t take on herself.

What recent project, transaction, or accomplishment are you most proud of? 

I recently onboarded multiple property management clients in the healthcare industry totaling 175 locations in NY and PA. In addition I am currently spearheading a corporate Employee Resource Group to increase opportunities for mentorship of women in the company, serve multiple community organizations, and participate in Leadership Buffalo professional development programming. 

What are the most important factors young women should consider when choosing a firm to build their career with? 

It’s important that corporate values align with your own personal and professional goals while providing a nurturing environment for growth including community involvement, training, and flexibility. Ideally, a firm will be passionate about representing and serving the community. 

Which professional organization(s) would you recommend to women just starting out in your industry: 

I serve on the board of our local Building Owners & Managers Association (BOMA) and have volunteered on several NAIOP committees, and both are excellent local networking and educational opportunities. I’m also active in CREW (Commercial Real Estate Women) which provides mentorship and networking opportunities across multiple regions, and in addition to those professional organizations find great value in supporting local non-profits that align with your personal passions.

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
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”.
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
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