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Phyllis Mehalakes Relocation Specialist, Douglas Elliman Real Estate |
Ingrid Galvez, Executive Committee Chair
Diversity Inclusion & Outreach, NGLCCNY
Many of you
attending the Monthly Member Mixers (M3s) will recognize the face of this
month’s featured member Phyllis Mehalakes. Phyllis is a long standing member of
both the NGLCCNY and a member of the Ambassador Committee. Monthly, she
welcomes the existing membership and our guests as she works the check-in at
the M3s. Her calm demeanor keeps the lines moving as our attendance and
membership grows each month. She is an active member developing strategic
partnerships with other members of the NGLCCNY.
She is a life–long
activist and long standing volunteer in the community. When not volunteering at
the NGLCCNY; Phyllis lends her skills and talent as President of her Co-op
Board. As well as volunteering for various gay organizations. The NGLCCNY is lucky to have her as a
member and ambassador. I am pleased to share my interview with her.
How did you find your way to
DouglasElliman?
After 15 years in corporate America I
decided that I wanted to work for myself.
My last corporate job was as an IBM executive running their Media and
Entertainment consulting practice for the Eastern US. My original plan was to become an independent
consultant, but as they say in life, timing is everything and unfortunately the
timing wasn’t right. As a native New
Yorker I’ve always loved the city and was curious about real estate. I had a couple of friends at Douglas Elliman,
interviewed with the firm, and was given the opportunity to join the best firm
in the city which I did shortly after 9/11.
Ideally, who can benefit from your
services?
Anyone who has a need to sell, buy, or
rent a property in Manhattan or Brooklyn, including investors. I have experience with townhouses,
multifamily homes, and mixed use buildings as well as co-ops, condos, rental
apartments.
What sets you apart from other agents?
My professional background is as a
consultant. I work with my clients in a
consultative manner enabling them to make informed decisions by educating them
about the market, about the buying/selling/renting process, and by making what
can be a difficult process as stress-free and smooth as possible. I also realize that I’m privy to a tremendous
amount of personal information and maintain my fiduciary responsibility to
confidentiality. I was also selected to be a Relocation
Specialist a number of years ago. As
such, one of my specialties is working with clients who want to purchase here
but aren’t familiar with the city, our neighborhoods, or certain properties
such as co-ops. In addition to buyers, I
also work with clients who are relocating out of the city and need someone to
sell a real estate asset after they’ve moved away.
How has legalizing gay marriage
impacted the real estate market and what does it mean for the LGBT market?
Legalizing gay marriage has a huge
impact; specifically on real estate ownership.
Should a spouse pass away, property ownership can now seamlessly be
passed to the surviving spouse without any legal concerns or payment of
taxes. Before gay marriage, there were
situations where the surviving partner could not afford to pay the taxes
associated with inheriting their partner’s portion of jointly owned real
estate thereby losing their home.
What are key things first-time
purchasers need to know about NYC real estate?
For most people, real estate is their
largest asset. I would advise first-time
purchasers to work with an experienced real estate agent who can advise them on
their purchase and assist them in making a good investment. A good agent will also advise them on financing
options, who to reach out to for legal services, help them determine what’s
affordable, and be a good listener and makes their goals a priority. This is
how I work with all of my clients, enabling them to make informed decisions.
How did you become aware of NGLCCNY?
I attended a job fair at the Gay and
Lesbian Center to provide emotional support to a friend who had just been laid
off. While I was there I met James
Howard who was working at New York Life booth.
We met a few days later for coffee and he told me about the
Chamber. I attended an M3 as his guest
and found the members to be extremely professional, friendly and willing to
help. As an avid and experienced
networker the Chamber was a breath of fresh air and the best networking
organization that I’ve joined.
How has your business been impacted
since joining the NGLCCNY?
It’s opened up doors for me in our
community by providing me an opportunity to develop strategic partnerships,
refer business and make important introduction to others, and to increase my
business. Our non-profit spotlights have
helped me realize the incredible amount of non-profit organizations we have and
associated volunteer opportunities.
What special services are you currently
offering and how might NGLCCNY members support your endeavors?
Although I am not a commercial broker,
I do have a lot of contacts that I have leveraged in the past to assist
non-profit organizations that may be looking for space. I also realize that there are many people who
are considering a real estate transaction but need to speak to a professional
such as myself for guidance and always make myself available in this regard.
To learn more about
Real Estate you may reach Phyllis at the following or chat her up at the next
M3:
PHYLLIS MEHALAKES
|
LICENSED ASSOCIATE
REAL ESTATE BROKER
|
DOUGLAS ELLIMAN REAL ESTATE
|
Relocation
Specialist
|
DIRECT: 212.727.6175
|
OFFICE: 212.645.4040
|
MOBILE: 646.528.6503
|
FAX: 646.497.8768
|
26 WEST 17TH
STREET, NEW YORK, NY, 10011
|
SOCIAL: ASKELLIMAN / FACEBOOK / TWITTER / GOOGLE+
|
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