 |
|
|
 |
 |
 
|
        |
 |
 |
|
|
 |
 |
|
 |
|
|
|
|
 |
| 11th Annual NYS Commercial Real Estate Conference |
Date: |
|
06/18/2012 - 06/20/2012 |
Time: |
|
9:00AM to 5:00PM |
Location: |
|
Turning Stone Resort & Casino 5218 Patrick Rd. Verona, NY |
| Cost: |
|
|
Description |
|

SAVE THE DATES! June 18-20, 2012 NYS Commercial Real Estate Conference Commercial Education, Marketing, National Speakers - Great Networking ! ! ! |
 |
| Education & Marketing |
Date: |
|
04/03/2012 - 04/04/2012 |
Time: |
|
9:00AM to 5:00PM |
Location: |
|
Hotel Sierra Fishkill, NY |
| Cost: |
|
|
Description |
|

Save to dates! April 3-4, 2012
Annual Education & Marketing Event
Sierra Hotel
Fishkill, New York
Sponsored by NYSCAR in
Cooperation with the Hudson Valley
Chapter, NYSCAR
Watch for details! |
 |
|
|
 |
Professional Standards Training
Each year, the NYS Association of REALTORS® offers Code of Ethics and Professional Standards Procedures Training. This 2012 course offers 6 hours of continuing education credit and is instructed by Patrick Reilly, RCE, Vice President, Board and Member Services, NYSAR.
Gain a full understanding of ethics and arbitration hearings, enforcement procedures and disciplinary guidelines. The Code of Ethics and recent changes adopted by NAR’s Board of Directors or Delegate Body will also be covered. In addition to 6 hours of CE credit, this course also satisfies NAR’s mandatory ethics training requirement. Listed below are the locations for the program. To register, please visit the Members’ Education section on NYSAR.com. You can also call: 1-800-239-4432 (Member cost is $125.00 – which includes continental breakfast, lunch and c.e. credit)
January 19 Clarion Hotel
8250 Park Road
Batavia, NY 14020
January 24 Binghamton Riverwalk
9:30 a.m. - 4:30 p.m. 225 Water Street
Binghamton, NY 13901
January 25 DoubleTree Hotel Syracuse
6301 Route 298
East Syracuse, NY 13057
February 2 Westchester Marriott
607 White Plains Road
Tarrytown, NY 10591
February 3 Albany Marriott
189 Wolf Road
Albany, NY 12205
February 24 High Peaks Resort
2384 Saranac Avenue
Lake Placid, NY 12946
On April 3-4, NYSCAR in cooperation with the Hudson Valley Chapter of NYSCAR will present the annual education and marketing event at the Hotel Sierra in Fishkill, New York. On April 3, Tim Conley, CCIM, SIOR will teach two continuing education classes as follows: “Comprehensive Due Diligence is Key in Real Estate” and “Yesterdays’ Business Vanished-Transform Today or be Left Behind.” These are two excellent classes which would be great for your career. April 4 will feature a marketing/networking session which is always a great event! Please be sure to mark your calendar and plan to attend! Watch www.nyscar.org for further details.
Additional classes will be scheduled throughout the year and the 11th Annual New York State Commercial Real Estate Conference will be held June 18-20 at the Turning Stone Resort and Casino in Verona, New York.
|
|
December 7 is Commercial Day at Triple Play Conference
The Triple Play Conference, sponsored by the NYS, NJ and PA Associations of REALTORS® will be held in December in Atlantic City, NJ, December 6-8, 2011.
Grand Assembly Keynote Speaker, Bill Rancic will present “The Future of Real Estate in America as we Know it.”
December 7 is also Commercial Day and will feature a commercial networking session as well as “The Distressed Market and the Year Ahead” and “Generating Increased Revenue in Today’s Commercial Market,” by Peter Mosca. “Fix & Flip or Hold for Gold” and “Case Studies in 1031 Exchange” will be presented by David Gorenberg.
Information can be found at www.realtorstripleplay.com.
Please mark your calendar for future NYSCAR dates: April 3-4, 2012 Annual Education/Marketing event held in Fishkill, NJ in cooperation with the Hudson Valley Chapter of NYSCAR and June 18-20, 2012 for the 11th Annual NYS Commercial Real Estate Conference.
|
|
Fall Education Programs
Fall Education
Fall is a great time of year and a good time to be thinking about education! One of the main purposes of NYSCAR is to provide commercial education for real estate practitioners. We are pleased to have some terrific programs available this Fall for everyone.
October 13, “Green Building Update, LEED Cert Architecture, Adaptive
Re-Use of Historic Structures and Commercial Leasing"
*(program submitted to NYS DOS for 7 hours real estate/appraiser CE credit)
Sponsored By the WNY Chapter of the Appraisal Institute and NYS Commercial Association of REALTORS® in cooperation with the WNY Chapter of NYSCAR
When: Oct 13, 2011 8am – 5pm Where: Holiday Inn, 1881 Niagara Falls Blvd, Amherst, NY 14228 (4:45 pm Refreshments/Networking)
Morning Session: 8:30 am – 11:45 am
Commercial Leasing for Non-Lawyers and Green Buildings and Green Leasing
Instructor: Patrick Quigley, Esq. , Harter Secrest & Emery LLP
The following issues will be discussed relative to landlord/tenant perspectives: Use Clause, Condition of Premises, Expenses, Subordination & Estoppel Certificates, Insurance Clause, Assignment & Subletting, Defaults & Remedies, Security & Personal Guaranty, representations & Warranties and Misc. Lease Sections. Regarding Green Building and Green Leasing – what is a green lease? Learn the risks and rewards of green building for landlords and tenants, green legislation affecting landlords and tenants.
Luncheon Speaker: 12:00 pm
Commercial Real Estate 2011 Update and 2012 Forecast
Speaker: Joseph F. Rowley, Jr., President, NYS Commercial Assoc. of REALTORS
Afternoon Session: 1:30 pm – 4:45 pm
Green Building Architecture, Standards & Acceptance in the Market: The Origins of Green Building Architecture and the Future of Historic Buildings and Communities
Instructor: Clinton Brown, Clinton Brown Company Architecture
The origins of green building architecture have roots in early American efforts to save from demolition buildings associated with the birth of the nation and therefore who we are as a society. Contemporary society’s focus now includes notions of reducing our carbon footprint on planet earth for our children and grandchildren. Further, demographic trends are revealing a historic demographic inversion toward urban and urbane walkable communities. Finally, recent public and tax policies are fueling these trends that are changing our landscape and our buildings. When the greenest building is one that already exists, this presentation will describe the context of measuring the value of reinvestment in historic buildings and communities is the emerging green marketplace. The presentation will also cover the New York State Historic Rehabilitation Income Tax Credit.
Targeting LEED and the Adaptive Re-use of Historic Buildings - Sustainable Practices in New Construction and Major Renovations
Instructor: Giona Paolercio, Staff architect with Wendel Duchscherer Architects and Engineers and
Aliesa Adelman, Sustainability Program Manager for Wendel
The adaptive re-use of historic buildings is a growing trend that provides a sustainable alternative to building on previously undeveloped space and preserves the cultural heritage of the surrounding community. Many municipalities, educational organizations, and commercial building owners are taking their projects one step further by implementing sustainable strategies from project conception through construction and targeting LEED certification. This presentation will explore the challenges of meeting LEED requirements while maintaining the historic integrity of an existing facility with reference to specific project successes.
October 27 – 28, 2011 - - Education and Marketing - Albany!
“Creative Real Estate Finance…Creating Alternatives When the Banks Aren’t Lending” - Oct. 27
Marketing-Networking Session – Oct. 28
Sponsored by the
New York State Commercial Association of REALTORS®, Inc. in cooperation with the Greater Capital Chapter of NYSCAR, Albany Ramada Plaza Hotel, 1-3 Watervliet Ave. Ext., , Albany, NY
“Creative Real Estate Finance…
Creating Alternatives When the Banks Aren’t Lending”
Instructed by Chuck Sutherland,
Course Description: How to “create” financing where there isn’t any.New Sources Of Financing Financing By Adding “Something Extra” Solve The Bank’s Problems Forgotten Forms Of Financing De-Financing The Problem Loan Structure Owner Financing To Secure Cash Safety First Financing 100% Financing
Instructor: Charles E. Sutherland SEC
“Chuck” E. Sutherland, SEC, is a commercial real estate
investor & developer based in Dallas, Texas. In the real estate business since 1971, “Chuck” has been involved in the successful development of single and multi-family residential, commercial, retail, industrial, hospitality and mini-storage projects. As either an investor/ developer or consultant, Chuck has participated in the completion of over $200 million in real estate.
Commercial Marketing- Networking Session (Oct. 28) Network with your colleagues and do some business!
Rochester, October 27 - Selling Investment and Commercial Properties: Issues, Money and Laws Instructor: Edward S. Smith, Jr., ITI
7.5 hours of NYS continuing education credit. This course also satisfies the NYS requirement for 3 hours of Fair Housing and /or Discrimination training for license renewals.
This course explores important considerations in brokering real estate including:
- Building issues such as environmental concerns, fair housing and ADA laws and compliance
- Methods of determining property values
- Financing – mortgages, loan-to-value, debt service ratio
- Cash flows and the impact of taxes
- Sale of property – capital gains taxes, 1031 Exchanges
- Discrimination laws, types of bias, inadvertent discrimination
Membership Recruitment
Please remember -- If you recruit a new member for 2011, you can save 20% on your NYSCAR State dues in 2012! When the new recruit fills out the 2011 application, they just need to note your name on the line that reads “referred by.”
September 11, 2011
NYSCAR Annual Meeting
Turning Stone Resort & Casino, Verona, New York
September 11 – 14, 2011
NYSAR Business Meetings
Turning Stone Resort & Casino
Verona, New York
November 11-14, 2011
NAR Annual Conference & Expo, Anaheim, California
|
|
National Association of REALTORS Meeting Update
National Association of REALTORS® Meeting Update
Board of Directors Update
Statement by Ron Phipps, 2011 NAR President, on the passing of the REALTOR® Party Political Survival Initiative
“The NAR Board of Directors voted in favor of the REALTOR® Party Political Survival Initiative and agreed to fund it through a dedicated dues increase of $40 per member, beginning in 2012. The initiative will allow NAR to provide millions of dollars in additional support to state and local boards, which are facing a cadre of policy proposals that would restrict private property rights and drain home owners’ pocketbooks.
As the only organization speaking on behalf of America’s home owners, NAR must remain strong and influential at all levels of government. During the past week, we have heard from dozens of industry and government leaders about the broad challenges facing our markets and the growing desire on the part of federal, state and local governments to implement policies that would hurt home owners and the economy. In passing this initiative, REALTORS® send a clear message that we are ready and willing to protect the home owners and communities we serve.
On behalf of the entire organization, we thank the directors for their feedback and guidance, as we refined this initiative, and we are grateful to all REALTORS® who engage in an informed debate prior to this vote. "
Directors Say Yes to Political Initiative The NAR Board of Directors overwhelmingly approved the REALTOR® Party Political Survival Initiative (RPPSI) at its May 14 meeting and to raise NAR dues to $120, from $80, to pay for it. Under the initiative, the $40 in new dues revenue will go to help fund and provide assistance to local, state, and national political and issues campaigns. Although some of the funds will be used to augment the REALTORS® Political Action Committee, a majority of the funds—73 percent—will be used for bolstering grassroots action. RPAC contributions are still critical, said former NAR President Cathy Whatley, who presented the initiative to the directors.
Here is a link to the initiative and Q&A, http://www.realtoractioncenter.com/realtor-party/rppsi/resources.html
IDX change Also at the meeting, which closed the 2011 REALTORS® Midyear Legislative Meetings & Trade Expo in Washington, D.C., the directors voted to add an opt-in provision, effective 30 days from passage, to the “franchisor index and display” portion of the Internet Data Exchange (IDX) policy that the board adopted in November 2010. That provision gives franchisors the right to index and display listing data from their franchisees’ IDX feeds on their national Web sites. The decision to add the opt-in centered on the directors’ concerns about the availability of listing information to non-participants without brokerages’ consent. Brokers representing Leading Real Estate Companies of the World, Home Services of America, and the Realty Alliance led the way toward the policy change; those companies oppose the new IDX policy and had backed a failed proposal to repeal the policy.
Legislative Issues
NAR continues to support legislation that improves the climate for Commercial Real Estate Transactions including Accelerated Depreciation for equity investment in distressed commercial real estate assets, increasing the lending cap from 12.25% to 27.5 % of total assets for commercial properties and working with FASB of the proposed accounting changes.
|
|
President Joe Rowley's May Message
10th Annual Conference
As the Annual Conference draws closer, I want to remind you to secure your hotel reservation as soon as possible to be sure you are able to attend the 10th Annual NYS Real Estate Conference, June 13-15! The room block expires on May 20, however, rooms are on a first-come, first-served basis, so don’t miss out on this great event-register today! (Go to www.nyscar.org for a registration form-or to register on-line)
The Annual Conference is hosted by the New York State Commercial Association of REALTORS®, NYS CCIM and SIOR Chapters and SEC. We are pleased to have the following sponsors: DIAMOND: Cushman & Wakefield/Pyramid Brokerage Company, PLATINUM: CB Richard Ellis – Upstate Offices, GOLD: New York Real Estate Journal, SILVER: The Chazen Companies, Exchange Authority, Key Bank; KW Commercial and LaBella Associates, P.C.
We have a great new addition to the program which will are very pleased to announce. The NYSCAR dinner which is open to all conference attendees will be the evening of June 13 and will feature a speaker from Deloitte & Touche. Michael Aronesty, Audit Partner (NJ) will give a special update on the FASB’s proposed changes to lease accounting standards. As you know, this has been an area of great concern for commercial real estate practitioners and we look forward to their presentation.
With the challenging economy, there is no better time to network with your colleagues at the marketing session which kicks off on June 13 and continues on June 14. Jim Wilson, CCIM, SEC (Florida) and Chuck Sutherland, SEC (Texas) will return to serve as the main moderators of the event. The lunch on June 13 (noon time) features NYSAR’s Director of Government Affairs Michael Kelly. We always look forward to hearing from Mike who will update the attendees on current legislative issues concerning the real estate industry.
On June 14, the Upstate SIOR Chapter will sponsor a three hour program “Developing a Build-to-Suit Pro Forma” with instructor Rob Nahigian, CRE, FRICS, SIOR.
The June 15 lunch features keynote speaker: Rod N. Santomassimo, CCIM President of the Massimo Group, who will talk about “Brokers Who Dominate.”
No matter where we travel, which firms we present to or individuals we coach, there is always one basic question that is asked. What do the top performers do? This one question is really the compilation of a series of questions such as: Where do top performers come from? Where were they educated? What is their professional background? How did they get where they are? How do they maintain their dominate market position? What are they doing differently than the average producing brokers?
Brokers Who Dominate is the answer to these questions. They have researched, studied and interviewed 20+ of the most productive brokers in North America to find out “what top performers do”. More so they have profiled three segments of the brokerage community, so that all the audience can appreciate and apply the lessons presented. These segments include: Young Guns, Dominators and The Masters.
This year’s conference gives you numerous choices and opportunities and is an unbelievable value! In addition to the outstanding networking opportunities, you can take some timely commercial education courses on June 15: The morning sessions will include: Kenneth Vidar, CCIM, SEC of Montana who will present “Creative Solutions,” a 7 hour course that will show how to turn formulas into real estate and real estate into dollars. Bo Barron, CCIM, Managing Director of Sperry Van Ness/The Barron Group in Kentucky, will present a “Social Networking” program that will cover the use of blogs, Twitter, Facebook and LinkedIn. NYSCAR Past President Edward S. Smith, Jr., ITI, Commercial Director, Coldwell Banker Commercial NRT, will present “Green Commercial Buildings: Issues, Systems and Savings.” Learn why green building is so important!
In the afternoon there are two great 3 hour sessions: Murray Gould, Development Consultant, Port City Preservation will present “Development & Financing of Historic Properties-Challenges & Opportunities.” Peter Karl, III, Esq., CPA, Parvati, Karl, Green & DeBella, LLP will present “Latest Practical Strategies for REALTORS® in Their Business and Personal Lives as a Result of Recent Legislation.”
Be sure not to miss a great opportunity to network with your colleagues – go to www.nyscar.org today to register! If you would like to take this opportunity to be an exhibitor at the conference, please email Ali Mann for details (amann@nysar.com) (sponsor form also available at www.nyscar.org ; on the left hand-side of the home page, scroll down to the second item under Calendar of Events)
Membership Recruitment Please remember -- If you recruit a new member for 2011, you can save 20% on your NYSCAR State dues in 2012! When the new recruit fills out the 2011 application, they just need to note your name on the line that reads “referred by.”
NAR Midyear Meetings – Washington, DC Advance Your Business, Your Industry And Your Association The REALTORS® Midyear Meetings & Trade Expo is where NAR members take an active role to advance the real estate industry, public policy, and the association. Join us in Washington, D.C., for special issues forums, committee meetings, legislative activities, and the industry trade show.
Midyear Meetings May 9-14 Capitol Hill Visits May 11-12 Trade Expo May 11-13 Go to: www.realtor.org – visit meetings
May 24 – NYSAR Lobby Day – Albany, New York Join hundreds of REALTORS® in Albany for the NYS Association of REALTORS® Annual Lobby Day at the State Capitol. |
|
President Joe Rowley's April Message
10th Annual Conference
It is with great pleasure that we announce the program for the 10th Annual NYS Commercial Real Estate Conference, sponsored by the NYS Commercial Association of REALTORS®, the NYS Chapters of CCIM/SIOR and the Society of Exchange Counselors being held June 13-15, 2011 at the Turning Stone Resort and Casino in Verona, NY!
NYSCAR Second Vice President, John Lavelle (RJ Smith Realty, Pine Bush) will proudly serve as Conference Chairman for our 10th annual event.
On June 13, we kick off the conference with a luncheon and marketing session. Mike Kelly, NYSAR’s Director of Government Affairs will give a legislative update to the attendees during lunch. The marketing session will then start with Jim Wilson, SEC (Florida) and Chuck Sutherland (Texas) as the main moderators. NYSCAR and SEC will hold their networking dinners on the evening of June 13. On June 14, the marketing session will continue for the day. NYSCAR, SIOR and CCIM will hold their organizational meetings on the 14th and SIOR will also present a “Build-to-Suit Development,” program with Robert J. Nahigian, FRICS, SIOR, CRE as the instructor.
Rod N. Santomassimo, President and Founder of the Massimo Group will be talking about “Brokers Who Dominate,” as the keynote speaker during the lunch on June 15. No matter where we travel, which firms we present to or individuals we coach, there is always one basic question that is asked. What do the top performers do? This one question is really the compilation of a series of questions such as: Where do top performers come from? Where were they educated? What is their professional background? How did they get where they are? How do they maintain their dominate market position? What are they doing differently than the average producing brokers?
Brokers Who Dominate is the answer to these questions. They have researched, studied and interviewed 20+ of the most productive brokers in North America to find out “what top performers do”. More so they have profiled three segments of the brokerage community, so that all the audience can appreciate and apply the lessons presented. These segments include: Young Guns, Dominators and The Masters. You will not want to miss Rod’s presentation!
Also on June 15, we have an outstanding line up of speakers for the attendees. Bo Barron, CCIM (Kentucky) Managing Director for Sperry Van Ness/The Barron Group, will present a social networking class (will describe a cohesive social media strategy that takes minutes a day leading to increased market presence. Specifically, this session will cover the use of blogs, Twitter, Facebook, and LinkedIn.)
Green Commercial Buildings: Issues, Systems and Savings, will be instructed by NYSCAR Past President Edward S. Smith, Jr., ITI, (Long Island). Kenneth M. Vidar, CCIM (Montana) President of Vidar Companies, will demonstrate how to turn formulas into real estate, and real estate into dollars with “Creative Solutions,” Peter Karl, Esq., CPA, will talk about the Latest Practical Strategies for REALTORS® in Their Business as a Result of Recent Legislation. Murray Gould will discuss the “Development and Financing of Historic Properties, Challenges and Opportunities.”
Don’t miss out on this fantastic event! There will be one or two additions to the program which we will announce to you shortly.
Pyramid Brokerage has once again stepped up to the plate to be the Diamond sponsor of the conference! NY Real Estate Journal, Chazen, Key Bank and KW Commercial have also joined us as Silver sponsors.
If you or your company would like to exhibit at the conference, please go to www.nyscar.org and download a sponsor form. If you have any questions, please email Ali Mann (amann@nysar.com) or Sherry Marr (sherry@nycap.rr.com)
Education and Marketing-Hudson Valley is a Great Success!
NYSCAR and the Hudson Valley Chapter held the annual education and marketing event in Fishkill, New York at the Hotel Sierra, April 7-8! Hudson Valley Chapter President James Walker welcomed 48 students to the April 7th class “Creating Real Estate Transactions that Will Close,” instructed by nationally known speaker, Peter Fortunato (Florida). The course offering received rave reviews!
Brokers gathered from around the region for the deal-making session on April 8. Joe Crowley, who flew in from Montana for the event said “The Hudson Valley runs a great meeting. We always find good product here and this area of New York is recognized for its growth potential.” “Everyone is inundated with emails these days. Sometimes it’s impossible to sort through the clutter from the opportunities. An event like this gives us a chance to focus on the deal at hand.”
“These events are designed to help brokers meet their owner’s objectives,” said James Walker, President of the Hudson Valley chapter. “In today’s challenging economy, brokers who go it along aren’t providing the best possible service to their clients. We’re all working together to try and make the deals happen.”
Guy Blake, CCIM from Pyramid Brokerage and John Lavelle of RJ Smith are about to close on a transaction that is the result of a previous marketing session held in Albany.
Many thanks to the event sponsors!: Arnoff Moving and Storage, Hudson Valley Credit Union, TEG Federal Credit Union, HV Biz, Storm King, Chazen Companies, Provident Bank, and LaBella Associates.
REALTOR® Party Political Survival Initiative
As you have probably know the National Association of REALTORS® has created a REALTOR® Party Political Survival Initiative. This Initiative was created because of a Supreme Court ruling in January 2010 which now changes the way elections are financed at the national level. The ruling states that corporate dollars – “soft dollars” can be used to fund independent expenditure campaigns. It also overturns rulings that only allowed hard-dollars – those funds specifically allocated for political purposes – to be used in 23 states. This is a dramatic shift in political fundraising.
To maintain and grow political power in this new landscape, NAR has launched the REALTOR® Party Political Survival Initiative. This Initiative is proposing a $40.00 NAR dues increase (starting in 2012). These funds would be used exclusively to fund political advocacy efforts. The dues increase will be voted on by the NAR Board of Directors at the May NAR meetings being held in Washington, D.C.
For more information on this Initiative and to give your feedback, you can go to http://www.realtor.org/topics/ political_survival_initiative
Tax Increment Finance: How to Rebuild New York State without Breaking the Bank
Forty-nine states have adopted legislation that enables Tax Increment Finance (TIF). TIF allows local jurisdictions to participate in catalytic real estate projects with no loss to the existing tax base and positive value creation in the District. TIF is NOT abatement – used responsibly, it is good public policy. This ICSC Alliance breakfast features an expert panel to explain and discuss what TIF is, how it works, the many ways in which it can be utilized, and what TIF reform initiatives have been proposed for New York State.
Date: April 27, 2011 (8:00 a.m. -11:30 am.)
MODERATOR: Howard Carr, The Howard Group
PANELISTS:Wade Beltramo, New York State Conference of Mayors and Municipal Officials
Dan Marsh, National Development Council
Brian McMahon, New York State Economic Development Council
Matthew Messinger, Forest City Ratner Companies - Investment Management
David Panico, Robinson & Cole LLP
EVENT LOCATION: Ramada Plaza Albany, 3 Watervliet Ave Ext. , Albany, NY 12206
(T)1-518-438-8431
TO REGISTER: Please go to the ICSC registration page for all of the Event Information: http://www.icsc.org/apps/ meeting_display.php?meeting=2011A09 Click here for a shortcut to the Event Brochure: http://www.icsc.org/srch /mt/descs/2011A09/2011A09.pdf
May 24 – NYSAR Lobby Day – Albany, New York
Join hundreds of REALTORS® in Albany for the NYS Association of REALTORS® Annual Lobby Day at the State Capitol.
NAR Midyear Meetings – Washington, DC
Advance Your Business, Your Industry And Your Association The REALTORS® Midyear Meetings & Trade Expo is where NAR members take an active role to advance the real estate industry, public policy, and the association. Join us in Washington, D.C., for special issues forums, committee meetings, legislative activities, and the industry trade show.
Midyear Meetings May 9-14 I Capitol Hill Visits May 11-12 I Trade Expo May 11-13
Go to: www.realtor.org – visit meetings
Free Webinars from NAR Commercial
NAR Commercial offers FREE monthly webinars designed to supply members and association staff with valuable information to support their business growth and development. These prerecorded webinars address a mix of topics-ranging from sales techniques to marketing and negotiations-that can be applied to commercial real estate or any business. The goal of each webinar is to arm attendees with knowledge and information to support their overall business needs. New webinars are added each month.
To hear current webinars below: - go to: http://www.realtor.org/commercial/ free_educational_webinars
“Technology and Social Media LITE” Speaker: Todd Clarke, CCIM (30 min.) Description: Get an overview and learn how to utilize netbooks, tablets, and even your smartphone to enhance your commercial real estate practice. This strong resource is at an introductory level—ideal for those new to using these tools. “From "Free" to "Fee" Speaker: Patricia Lynn (30 min.) Description: Discover how you can take your business from a 'free' service to 'fee' based model. Learn what it takes to slightly change your focus to create a stronger business model. “Flexibility Factor-How to Meet Challenges in the Current Real Estate Market”
Speaker: Marsha Petrie Sue, MBA, CPS (25 minutes)
Having a difficult time staying positively focused during this economy? Need to re-energize your success and accelerate your career? This webinar gives you tools to succeed, refocus, and maximize your talents. Reach your goals and improve your bottom line by taking control of what you can control: YOU.
“How and Why Clients Chose You!”
Speaker: Bob Potter, author and Signature Series Speakers Bureau member (25 minutes)
Explore a client’s decision patterns involved in selecting a real estate service provider. Understanding that clients have a choice in who they select will help you to navigate the vendor selection process and ultimately win in competition. The more you understand how and why clients area making these decisions, the easier it will be to align and win.
“How to Build a thriving Practice in Commercial Real Estate”
Bob McComb, co-founder of Top Dogs and Signature Series Speaker’s Bureau member
Commercial real estate brokerage is not tough to get into – nor does take a long time to “make it.” This program provides a strategy for achieving high-level success in commercial real estate. Bob McComb, co-Founder of Top Dogs, will introduce you to the world of commercial real estate brokerage and explain how to build a thriving practice quickly. You will learn the path to mastery and the secrets of how to get exclusives!
It is with great pleasure that we announce the program for the 10th Annual NYS Commercial Real Estate Conference, sponsored by the NYS Commercial Association of REALTORS®, the NYS Chapters of CCIM/SIOR and the Society of Exchange Counselors being held June 13-15, 2011 at the Turning Stone Resort and Casino in Verona, NY!
NYSCAR Second Vice President, John Lavelle (RJ Smith Realty, Pine Bush) will proudly serve as Conference Chairman for our 10th annual event.
On June 13, we kick off the conference with a luncheon and marketing session. Mike Kelly, NYSAR’s Director of Government Affairs will give a legislative update to the attendees during lunch. The marketing session will then start with Jim Wilson, SEC (Florida) and Chuck Sutherland (Texas) as the main moderators. NYSCAR and SEC will hold their networking dinners on the evening of June 13. On June 14, the marketing session will continue for the day. NYSCAR, SIOR and CCIM will hold their organizational meetings on the 14th and SIOR will also present a “Build-to-Suit Development,” program with Robert J. Nahigian, FRICS, SIOR, CRE as the instructor.
Rod N. Santomassimo, President and Founder of the Massimo Group will be talking about “Brokers Who Dominate,” as the keynote speaker during the lunch on June 15. No matter where we travel, which firms we present to or individuals we coach, there is always one basic question that is asked. What do the top performers do? This one question is really the compilation of a series of questions such as: Where do top performers come from? Where were they educated? What is their professional background? How did they get where they are? How do they maintain their dominate market position? What are they doing differently than the average producing brokers?
Brokers Who Dominate is the answer to these questions. They have researched, studied and interviewed 20+ of the most productive brokers in North America to find out “what top performers do”. More so they have profiled three segments of the brokerage community, so that all the audience can appreciate and apply the lessons presented. These segments include: Young Guns, Dominators and The Masters.
|
|
March President's Message
Education and Marketing- In a matter of weeks, NYSCAR and the Hudson Valley Chapter will hold the annual education and marketing event in Fishkill, New York at the Hotel Sierra, April 7-8! Nationally known speaker, Peter Fortunato (Florida) will be the instructor on April 7 for "Creating Real Estate Transactions that Will Close."
Course Description: This unique course illustrates the application of practical solutions to developing and structuring commercial-investment transactions. In addition, the class will focus on the “subjectivity of value” as well as the understanding of how to identify the “benefits palette” of a transaction and how the benefits to owners and buyers can best be achieved through the “analysis and distribution of inherent benefits” between the owner/seller and buyer/user/investor so as to generate a mutually beneficial real estate transaction that will result in the ultimate consummation of the transaction. The course will cover the application of the “band of investment theory” beyond its use in valuation and how the development of capitalization rates can best be dissected and creatively applied to better understanding the ability to generate a beneficial transaction for all parties. Also the course will demonstrate how installment sales can be considered, along with documentation, so that both parties in a transaction achieve the desired benefits. Furthermore, the use of “catalysts in the marketplace” and the nature of income, expense analysis, along with the activity and taxability will be discussed. Other topics covered will be utilization of effective transaction documentation, options, proper structuring of promissory notes, performance notes, participation notes, mortgages securing options, use of exchanges and application of master leases, along with case studies and many other brainstorming techniques that can be considered and applied to bring about transactions that can close.
A marketing/networking session will follow on April 8. Space is limited, so register today by going to www.nyscar.org ! Also, if you are interested sponsorship opportunities, please email Sherry Marr (sherry@nycap.rr.com) or Jim Walker (jfw@optonline.net) for information.
Facebook
Many thanks to NYSCAR Governor, John Fletcher (President, WNY Chapter) who created the NYSCAR Facebook page! We encourage you to visit the NYSCAR page at http://www.facebook.com/NYSCAR .
NYSCAR.org
We are very pleased that we have a broadcast email service available to the NYSCAR members.
Many of the participants have contacted us to let us know how much they like the service.
The intent of the service is to provide networking opportunities between the members in offering properties for sale, lease, exchange or have/wants.
Please note that a specific property should be sent no more than once a month, unless there is a change in the property listing, such as a reduction in price, rent, etc.
We appreciate your cooperation in this matter.
Also, we would like to remind you about adding your headshot and bio to your listing on www.nyscar.org. If you have not yet sent in your picture to be added to your listing, please email Sherry (sherry@nycap.rr.com) with your professional headshot. You are able to add your bio information yourself. Just go to the member login page on www.nyscar.org – type in your user name and password. On the far-right hand side of the screen there is an area to type your bio, OR you can copy and paste from Word on to the screen.
If you need to email an individual member from NYSCAR, you can do so by going to the home page (www.nyscar.org) and clicking on the Membership Directory. You would just need to scroll down to the person you want to correspond with and click “email.” It will bring up a screen where you will type your message and hit send. (You do not need to know the person’s email address) .
May 24 – NYSAR Lobby Day – Albany, New York
Join hundreds of REALTORS® in Albany for the NYS Association of REALTORS® Annual Lobby Day at the State Capitol.
Mark Your Calendar Now !!! 10th Annual NYS Commercial Real Estate Conference
Plans are well underway for the 10th Annual NYS Commercial Real Estate Conference to be held at the Turning Stone Resort & Casino, in Verona, New York June 13-15, 2011. The conference chaired by John Lavelle of Pine Bush, NY will be sponsored by NYSCAR, the State Chapters of CCIM and SIOR and the Society of Exchange Counselors. We have an outstanding array of speakers lined up for the event covering a host of timely topics. Watch your email for event registration coming in April!
We hope you take this opportunity to be part of our 10th Annual Conference by exhibiting at the upcoming conference. For sponsorship information please email Ali Mann for details (amann@nysar.com) or go to www.nyscar.org for a sponsor flier.
NAR Midyear Meetings – Washington, DC
Advance Your Business, Your Industry And Your Association The REALTORS® Midyear Meetings & Trade Expo is where NAR members take an active role to advance the real estate industry, public policy, and the association. Join us in Washington, D.C., for special issues forums, committee meetings, legislative activities, and the industry trade show.
Midyear Meetings May 9-14 I Capitol Hill Visits May 11-12 I Trade Expo May 11-13
Go to: www.realtor.org – visit meetings
Free Webinars from NAR Commercial
NAR Commercial offers FREE monthly webinars designed to supply members and association staff with valuable information to support their business growth and development. These prerecorded webinars address a mix of topics-ranging from sales techniques to marketing and negotiations-that can be applied to commercial real estate or any business.
The goal of each webinar is to arm attendees with knowledge and information to support their overall business needs. New webinars are added each month.
To hear current webinars below: - go to: http://www.realtor.org/commercial/ free_educational_webinars
“Flexibility Factor-How to Meet Challenges in the Current Real Estate Market”
Speaker: Marsha Petrie Sue, MBA, CPS (25 minutes)
Having a difficult time staying positively focused during this economy? Need to re-energize your success and accelerate your career? This webinar gives you tools to succeed, refocus, and maximize your talents. Reach your goals and improve your bottom line by taking control of what you can control: YOU.
“How and Why Clients Chose You!”
Speaker: Bob Potter, author and Signature Series Speakers Bureau member (25 minutes)
Explore a client’s decision patterns involved in selecting a real estate service provider. Understanding that clients have a choice in who they select will help you to navigate the vendor selection process and ultimately win in competition. The more you understand how and why clients are making these decisions, the easier it will be to align and win.
“How to Build a thriving Practice in Commercial Real Estate”
Speaker: Bob McComb, co-founder of Top Dogs and Signature Series Speaker’s Bureau member
Commercial real estate brokerage is not tough to get into – nor does take a long time to “make it.” This program provides a strategy for achieving high-level success in commercial real estate. Bob McComb, co-Founder of Top Dogs, will introduce you to the world of commercial real estate brokerage and explain how to build a thriving practice quickly. You will learn the path to mastery and the secrets of how to get exclusives!
NYSCAR Chapter Contact Information:
As you may know, NYSCAR has six local chapters throughout the State. For your information, the contact information for the Chapter Presidents is as follows: Greater Capital Chapter: Robert Giniecki, CCIM, SEC – email: foresiteprop@verizon.net; Hudson Valley Chapter: Jim Walker – email: jfw0432@optonline.net; Metro Long Island, Harvey Kolin – email: Harvey@hkolin.com; Rochester Area Chapter: Ted Welter, CCIM, CPM– email: twelter@buckprop.com
(web address: www.rochesternyscar.com); So. Tier Chapter: Doug Rein – email: dgrein@teamrein.com and Western NY Chapter: John Fletcher – email: john@fletchercapital.com (web address: www.wnynyscar.com)
|
|
January Meeting Re-cap Joseph F. Rowley, Jr., President
NYSCAR Board of Governors held its first meeting of the year on Saturday, January 29, 2011 at the Desmond Hotel, Albany, New York.
The following officers and governors were installed to their office by Duncan MacKenzie, CEO, NYS Association of REALTORS®: NYSCAR Officers - Joseph F. Rowley, Jr., President, Rochester; Michael Johnson, First VP, Buffalo; John Lavelle, Second VP, Pine Bush, Brian DiNardo, Treasurer, Rochester and Guy Blake, CCIM, Secretary, Kingston. Governors - Alan Hendrickson, Long Island, Edward S. Smith, Jr., Long Island, Donald E. Welch, SIOR, Albany and Ted Welter, CCIM, CPM, Rochester.
I am pleased to report that Alan Hendrickson, Corporate Commercial Realty, Long Island, was named NYSCAR’s 2010 REALTOR® of the Year. Alan is the Chairman of the NYSCAR Member Communications & Promotion Committee and serves as a committee member on the Finance Committee. He is extremely instrumental in organizing programs for the Metro Long Island area, where he serves as Treasurer of the Metro Long Island Chapter.
Brian McMahon, Executive Director, NYS Economic Development Council spoke to the Board members about working together on various issues of mutual interest and legislative initiatives. It was an informative discussion with a good exchange of ideas.
Conference Chairman John Lavelle, reported that the 10th Annual NYS Commercial Real Estate Conference will be held June 13-15, 2011 at the Turning Stone Resort & Casino in Verona, New York. Plans are underway to make the 10th annual conference a very special event! If you or your company would like to exhibit or sponsor an event at the conference, please email Ali Mann (amann@nysar.com) for information. The conference is sponsored by the NYS Commercial Association of REALTORS®, Inc., the NYS Chapters of CCIM and SIOR and the Society of Exchange Counselors.
Education Chairman Edward S. Smith, Jr., ITI, reported that the 15 hour Commercial Basics Course will be held March 2-3, 2011 at SUNY Ulster in Kingston in New York, instructed by Joe Deegan, CCIM. This is a great two-day introductory course that provides a general overview of the commercial and investment real estate business. You will learn to use the HP 10BII calculator to perform many of the functions that are used daily in commercial real estate. Go to www.nyscar.org to register.
A two-day education and marketing event held in conjunction with the Hudson Valley Chapter of NYSCAR will be held April 7-8 at the Hotel Sierra in Fishkill, New York. On April 7, Peter Fortunato (Florida) will be the instructor for “Creating Real Estate Transactions that Will Close.” This unique course illustrates the application of practical solutions to developing and structuring commercial-investment transactions. April 8 will be the marketing session. This has been a great networking event and we encourage you to go to www.nyscar.org for a registration form to sign up today!
I reported on my November trip to the National Association of REALTORS® annual conference in New Orleans and meeting with the New York Bar Association. The governors continued their discussion regarding the proposed accounting rule change from the Financial Accounting Standards Board that, if implemented, could severely impact corporations balance sheets negatively.
The governors approved an amendment to the bylaws which will add three Board seats for past presidents of the organization to serve as voting members on the Board of Governors (Bylaws Committee chaired by John Lavelle). Membership Development Chair Guy Blake, CCIM reminded everyone that any member who recruits a new member in 2011 will receive a 20% discount on their 2012 NYSCAR State dues. Chapter reports were given by the six chapters regarding successful monthly meetings and events held in their areas.
The Board will meet again in June in conjunction with our annual conference.
|
|
Upcoming Programs for Your Benefit!
Please note the following upcoming programs:
The NYSCAR Board of Governors will be meeting on January 29, at the Desmond Hotel in Albany, New York. This will be the first meeting of the year and we are looking forward to a productive meeting. Please contact President Rowley (joe.rowley@cbre.com) prior if there are ideas or concerns that he can address with the BOD.
Commercial Basics, March 2-3, SUNY Ulster, Business Resource center, One Development Court, Kingston, NY 12401, 8:30 am – 5:00 pm both days.
This two day course, which carries 15 hours of continuing education credit, will be instructed by NYSCAR member, Joseph Deegan, CCIM.
The course provides a general overview of the commercial and investment real estate business. Learn to use the HP 10BII calculator to perform many of the functions that are used daily in commercial real estate. The course teaches you to analyze property operating data. You will learn the formulas and perform the calculations used in investment real estate transactions.
REQUIREMENTS: An HP-10BII financial calculator is mandatory for this class.
Course Outline: Commercial and Investment Real Estate; Basic Operations of a Financial Calculator; The Value of Money; Estimating and Forecasting Net Operating Income;; Real Estate Cash Flow Model; Mortgage Calculations; Calculating the Rate of Return; Office Building Case Study; Services and Property Types. Please go to www.nyscar.org for a registration form.
April 7-8 NYSCAR and the Hudson Valley Chapter will hold the annual education and marketing event in Fishkill, New York at the Hotel Sierra. Nationally known speaker, Peter Fortunato (Florida) will be the instructor for the April 7th class “Creating Real Estate Transactions that Will Close.” A marketing session will follow on April 8. This is a great event, so don’t miss out – plan to attend! Go to: www.nyscar.org for a registration form.
Course Description: This unique course illustrates the application of practical solutions to developing and structuring commercial-investment transactions. In addition, the class will focus on the “subjectivity of value” as well as the understanding of how to identify the “benefits palette” of a transaction and how the benefits to owners and buyers can best be achieved through the “analysis and distribution of inherent benefits” between the owner/seller and buyer/user/investor so as to generate a mutually beneficial real estate transaction that will result in the ultimate consummation of the transaction. The course will cover the application of the “band of investment theory” beyond its use in valuation and how the development of capitalization rates can best be dissected and creatively applied to better understanding the ability to generate a beneficial transaction for all parties. Also the course will demonstrate how installment sales can be considered, along with documentation, so that both parties in a transaction achieve the desired benefits. Furthermore, the use of “catalysts in the marketplace” and the nature of income, expense analysis, along with the activity and taxability will be discussed. Other topics covered will be utilization of effective transaction documentation, options, proper structuring of promissory notes, performance notes, participation notes, mortgages securing options, use of exchanges and application of master leases, along with case studies and many other brainstorming techniques that can be considered and applied to bring about transactions that can close.
10th Annual NYS Commercial Real Estate Conference
We are very excited to be planning for the 10th Annual NYS Commercial Real Estate Conference to be held at the Turning Stone Resort & Casino, in Verona, New York June 13-15, 2011. The conference will be sponsored by NYSCAR, the State Chapters of CCIM and SIOR and the Society of Exchange Counselors. If you or your company is interested in exhibiting at the upcoming conference, please email Ali Mann for details (amann@nysar.com)
2011 Code of Ethics & Professional Standards Procedures Training
Sponsored by the NYS Association of REALTORS®. Gain a full understanding of ethics and arbitration hearings, enforcement procedures and disciplinary guidelines. The Code of Ethics and recent changes adopted by NAR’s Board of Directors or Delegate Body will also be covered. In addition to 6 hours of CE credit, this course also satisfies NAR’s mandatory ethics training requirement.
January 20 Binghamton Regency
225 Water Street
Binghamton, NY 13901
January 21 DoubleTree Hotel Syracuse
6301 Route 298
East Syracuse, NY 13057
February 14 Albany Marriott
189 Wolf Road
Albany, NY 12205
February 16 Buffalo Marriott
1340 Millersport Highway
Amherst, NY 14221
February 17 Rochester Marriott
1890 West Ridge Road
Rochester, NY 14615
February 28 Westchester Marriott
607 White Plains Road
Tarrytown, NY 10591
March 4 High Peaks Resort
2384 Saranac, Lake Placid
|
|
Triple Play Conference - December
December 7-9, 2010 the Triple Play Conference will be held in Atlantic City, New Jersey. The conference is sponsored each year by the NJ, NY and PA Associations of REALTORS®. There are several commercial programs available to the attendees including: The History and Future of Sustainable Design and Green Building (Joe Scarpa); Exchanges for Fun and Profit (David Gorenberg); Commercial/Investment Marketing Session (Bob Giniecki, CCIM, SEC); Greening Your New or Existing Facility (Jason Kliwinski); and Selling Investment Property to Retirements Accounts (Michael Scott). Full details, including conference registration information can be found by going to www.realtorstripleplay.com.
This coming year we will be celebrating the 10th Annual New York State Commercial Real Estate Conference! The conference, being held June 13-15, 2011, is sponsored by NYSCAR, the New York State Chapters of CCIM and SIOR and the Society of Exchange Counselors. We hope that you will mark the date on your calendar and plan to attend! The Annual Conference Committee will be meeting soon to start planning the event. If you have any suggestions for the conference, please send your thoughts to Sherry at sherry@nycap.rr.com.
On October 28-29, NYSCAR in cooperation with the Greater Capital Chapter of NYSCAR sponsored a marketing session and 6 hour class instructed by Peter Karl, Esq., CPA (Tax Strategies, Asset Protection and Estate Planning for Commercial REALTORS®). The program was held at the Ramada Hotel in Albany. There were attendees from several regions of New York State as well attendees from Massachusetts and Connecticut! The marketing session gave everyone a great opportunity to network with a wide array of commercial practitioners. It is great to see the members taking advantage of these networking opportunities. Many thanks to the great support from the program sponsors: Key Bank, LaBella Associates, PC, The Chazen Companies and Business and Commercial Guide.
I hope everyone has a wonderful Thanksgiving.
|
|
NYSCAR Meeting to be held in Westchester
As we approach the Fall, we are preparing for our next Board/annual meeting to be held at the Hilton Hotel in Rye Brook, New York in Westchester County on September 12. Reports will be heard from each of the committees and officers and governors will be elected.
We will also be discussing the 2011 education schedule. Please keep in mind that all licensees are required to successfully complete 22.5 hours of approved continuing education, including at least 3 hours of instruction pertaining to fair housing and/or discrimination in the sale or rental of real property or an interest of real property, within the two-year period immediately preceding such renewal. It is important that you keep track of your continuing education credits. We suggest that you keep a file with your course completion certificates in case you are audited by the New York State Department of State.
NYSCAR Fall Education
On October 14, NYSCAR in cooperation with the Metro LI Chapter will sponsor “Discrimination Issues in Commercial Brokerage,” instructed by Edward S. Smith, Jr., ITI. This course which meets the NYS requirement for the 3 hours of fair housing in order to renew your license will be held at the offices of the Brooklyn Board of REALTORS.
On October 28, NYSCAR in cooperation with the Greater Capital Chapter of NYSCAR will present a full day education course at the Ramada Inn (just off Everett Rd) in Albany, NY. Peter Karl, Esq. will be the instructor. The Greater Capital Chapter will hold a marketing session following the course on October 29.
|
|
9th Annual NYS Commercial Real Estate Conference - a Great Success!
We are pleased to report that the annual conference held at the Turning Stone Resort and Casino in Verona, NY was a great event! The conference was hosted by the NYS Commercial Assoc. of REALTORS, the NYS Chapters of CCIM and SIOR and the Society of Exchange Counselors. The marketing session was held for 1 1/2 days and was moderated by Jim WIlson, CCIM, SEC (Florida) and Chuck Sutherland, SEC (Texas). The marketing session had representation from New York, New Jersey, Connecticut, Ohio, Oklahoma, California, Vermont and Massachusetts. Dr. Mark Dotzour, Chief Economist for the Real Estate Center at Texas A&M University was the keynote speaker at the lunch on June 16 and he did not disappoint! Attendees thoroughly enjoyed Dr. Dotzour's presentation. NYSAR President Hank Fries and NYSAR Director of Government Affairs Mike Kelly also gave updates to the attendees and were very well received. Attendees were able to choose between 5 different commercial courses and had many networking opportunities. Please watch for the NYSCAR News for full coverage. |
|
Dr. Mark Dotzour, Chief Economist, Texas A&M University to speak at Annual Conference
We are pleased to have Dr. Mark Dotzour, Chief Economist and Director of Research for the Real Estate Center, Texas A&M University as the keynote speaker for the 9th Annual NYS Commercial Real Estate Conference. Dr. Dotzour will give an economic outlook for commercial real estate for 2010.
Please mark your calendar for June 14-16, 2010 for the annual conference, held at the Turning Stone Resort and Casino in Verona, New York. The conference is sponsored by the NYS Commercial Association of REALTORS, the NYS Chapters of CCIM/SIOR and the Society of Exchange Counselors.
Please join your commercial colleagues from New York State and beyond to network at the 1 1/2 day marketing session, moderated by Jim Wilson, CCIM, SEC and Chuck Sutherland, SEC (June 14-15). Take this opportunity to do some business and make new contacts.
There will also be a leasing roundtable, golf and networking lunches.
In addition to Dr. Dotzour's presentation on June 16, there will be 5 commercial education programs with top-notch instructors.
If you or your company would like to exhibit, please contact Ali Mann for a sponsor brochure (amann@nysar.com)
See you in June! |
|
Professional Standards Classes Scheduled
The NYS Assoc. of REALTORS will be offering Code of Ethics/professional standards training, as they have over the past few years. The course, instructed by NYSAR VP of Board and Member Services, Patrick Reilly, will carry c.e. credit and will be offered as follows: Jan. 21, Buffalo, Marriott Amherst; Jan. 22, Rochester, Marriott, Rochester, Feb. 25, Syracuse, Doubletree Hotel, Syraucse; Feb. 26, Binghamton, Binghamton Regency; Mar. 5 Lake Placid, High Peaks Resort, Mar. 9 Tarrytown, Westchester Marriott, Mar. 12, Albany, Albany Marriott (go to www.nysar.com for a reg. form) |
|
NYSCAR Call to Action Pending Wetlands Regulation
Call to Action:As you may be aware, there is pending legislation relative to expanding the State Department of Environmental Conservation’s ability to regulate wetlands. The Department currently regulates wetlands that are at least 12.4 acres and the new proposal would reduce the size to 1 acre or more. Passage of this legislation could have a significant negative impact on commercial real estate development. We are asking that you copy and paste the letter below to Senator Antoine M. Thompson - sign it and mail it today!
October 7, 2009
Standing Committee on Environmental Conservation
Attention: Senator Antoine M. Thompson, Chair New York State Senate Legislative Office Building, Room 902 Albany, New York 12247
To the Honorable Senator Thompson and Senators of the Committee:
Please consider this letter as my written comments for the Committee’s public hearings on the proposed wetlands regulation. Currently the New York State Department of Environmental Conservation (NYSDEC) only regulates wetlands that are 12.4 acres or larger. One of the proposals before you (Bill S848) would, if enacted, increase the NYSDEC’s jurisdiction to include wetlands down to 1 acre in size. However, there would be no change to the regulated adjacent area, which is currently a 100 foot buffer around NYSDEC wetlands. One notable feature of Bill S848 is that this 100 foot buffer would now be extended around these smaller wetlands. This increase is substantial: including a 100 foot adjacent area around a 1 acre wetland results in 4 acres of regulated area. Any disturbance in that regulated area would require a permit from the NYSDEC. Most, if not all, of these wetlands that would fall under the new regulation are currently regulated by the United States Army Corps of Engineers (ACOE). Bill S848 would create the need to obtain a permit from both the ACOE and the NYSDEC for any disturbances. This will double the regulation of the same resource – with no appreciable benefit to the State. Indeed, this would only add another layer of bureaucracy. The New York State Assembly has already passed its version of this bill (Bill A6363), which, if also passed by the State Senate and signed into law by the Governor, would significantly increase the State’s wetland jurisdiction and would negatively impact future development in New York. Another notable feature of Bill S848 is that, if passed into law, it would become “effective immediately.” There is no grandfathering language that would exempt pending projects from the need to comply – even though the regulatory scheme would change significantly. As a result, I ask that you not pass Bill S848 or any other proposal that adds additional burdens to the existing regulatory framework.
Respectfully submitted,
Signature: ________________________ Print Name: ________________________ Company: ________________________ Address: _________________________ City: _________ State: ___ Zip: _____
|
|
Governor Enhances Historic Preservation Tax Credit
(From NYSAR) Gov. David Paterson signed into law legislation to strengthen the New York State Historic Preservation Tax Credit. The program will create jobs, draw investments to main streets and preserve historic structures. New York’s preservation tax credit was adopted in 2006, however, the program failed to provide adequate incentives to attract investment to struggling municipalities, particularly those upstate. The newly enhanced program will apply to taxable years beginning January 1, 2010 and will sunset on December 31, 2014. The enhancements signed into law by Paterson will: · Increase the tax cap credit on both commercial and residential rehabilitation. · Target the credit to distressed areas. · Boost the share of rehab costs that commercial property owners can claim. · Offer the tax credit as a rebate for lower income homeowners.
For more information, go to here |
 |
|
|
|
|
 |
|