Women In Commercial Real Estate Speak Out On Industry’s Increased Diversity, Room For Improvement

Credit: Daniel Hertzberg

Faith Hope Consolo omits names but doesn’t mince words when she describes her visits to Real Estate Board of New York meetings in the late 1980s.

“I once walked into a Stores Committee conference. Back then it was this little club. And some bozo—I won’t say who—said, ‘What are you doing here? Why don’t you try residential real estate?’” said Ms. Consolo, chairman of the retail group at Douglas Elliman.

Rosemary Scanlon, dean of NYU’s Schack Institute of Real Estate, recalls some incredulous replies when she told people she was an economist. “They’d look at me and—in all seriousness—say ‘Oh, home economics. You must be a good cook,’” said Ms. Scanlon.

Upon hearing that Jennifer Carey, president of the Association of Real Estate Women and JLC Environmental Consultants, had majored in biology in college, “people all assumed I was a nurse,” said Ms. Carey. Read More

Higher Learning

Real Estate Brokerage 101: Schack Institute Divisional Dean Schools The Commercial Observer

In the song, “New York, New York” Frank Sinatra sings that “if I can make it there, I can make it anywhere.” But just how difficult is it to make it big here, especially in real estate?

Whether it’s that new job, a higher salary or commission, or a fresh start entirely, it may be tougher than the song implies if you don’t have the right education. Read More