Oftentimes, the best negotiations result in a deal that benefits both parties. There are times when you simply want to go for the jugular, but often, you want the other person to feel pleased with the outcome, even if you are the clear victor.

Go for a walk through Central Park and stop at the Met. It's the best way to get a feel for what makes New York so special.

When I bid out our construction projects, I call contractors personally to close the deal and get the best price or enhance the scope of their deliverable. You don't get what you don't ask for.

Yes, negotiating is about money and the bottom line, but a lot of times, it's much more emotional and complex than that. Realizing that the economic outcome may not be the other party's top priority gives you more chips to play with and will enable you to achieve better results than you may have anticipated.

I find that often, room service menus are highly condensed. They tend to be a little bit fast food-oriented, even at the finest hotels.

Mis-hiring is a huge mistake. It's a tremendous opportunity cost throwing the position to the wrong person. It's often something that isn't rectified for a long period of time.