News: Spotlight Content

2021 Women in Building Services: Kristen Fortino, OnePoint Real Estate Group

Name: Kristen Fortino

Title: Founder/CEO

Company Name: OnePoint Real Estate Group

Real estate associations or organizations that you are currently a member of: REBNY

In the past year, what project, transaction or accomplishment are you most proud of?

I’m most proud of launching my company in January 2021. It was an incredibly overwhelming and exciting process especially coming out of quarantine the year prior, and am really proud of how far I’ve come.

What trends will dominate your industry in the coming months?

COVID had a very big influence on sales in Manhattan over the past year, and now we’re seeing the cost of lumber is skyrocketing so those looking to do construction on their existing assets are seeing an up-tick in prices. The city is slowly but surely coming back and prices are getting back to where they were pre-COVID. It’s a trend that we’ll see for quite some time as we continue to open up the city. The multifamily and townhouse market will be a trend that will be on the up and up for quite some time as well.

How do you contribute to your community or profession?

I’m a big believer in working hard and making a part of your day about giving back. I believe you should be a part of something other than your career and I love being able to be a part of organizations like the Columbus Citizens Foundation and the American Cancer Society to raise money for great causes.

What did you want to be when you grew up?

A talk show host!

What led you to your current profession?

My family has been in real estate on the zone/code consulting end of the business, and I always wanted to create something of my own to leverage what they do every day

Who was/is your mentor and how did s/he influence/help you in your career?

My parents and wife were my biggest influencers. Real estate is a very competitive industry and something I was always interested in pursuing. Prior to real estate, I was in pharmaceutical advertising and the support and mentorship they all provided me to get me to this point was huge. I couldn’t have done it without them

What books or social media influencers would you recommend to other women?

I’m big on real estate driven books. I’m sure my wife thinks I’m nuts since I breathe real estate every day–but I love reading books about investments and real estate overall. Gets my mind going!! Personally, I enjoyed the Millionaire Real Estate Investor, and always love to read articles on the Real Deal–so now to get the quick hit info, I follow them on Instagram.

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
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
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”.