December
Transcription
December
REALTOR Matthew Engel, CPM, President • Vol. XXV, No. 10 • DECEMBER 2009 • NUNZIO DEL GRECO RCE, Chief Executive Officer FHA Mortgage Insurance Program Important to Housing Market and Recovery continued on page 6 (Left to right) Matthew Engel, 2010 President, Robert Eychner, NYSAR Regional Vice President; and Nunzio Del Greco, CEO, greeting guests at the Holiday Party. 25th ANNUAL HOLIDAY PARTY HELD The 25th Annual Holiday Party was recently held at the Marina del Rey Caterers. “Hundreds of members, friends and real estate professionals from throughout the New York metropolitan area attended the popular event to renew old friendships, establish new business contacts or just have a good time,” noted Kathy Zamechansky, Holiday Party Chairperson. “Network for success is the slogan which best describes this professional trade association and it is reinforced with each successful event”, added Nunzio Del Greco, RCE, Chief Executive Officer. “Reservations included 4 ½ hours of unlimited food, drinks, music and networking at a reasonable price which is a major attraction,” added Matthew Engel, CPM, 2010 President. 24 companies purchased one to four tables at the Holiday Party: The Host of Reserved Tables were: A & G Plastering & Tile; Aggressive Energy/Bayridge Fuel; Bajraktari Realty Group; Chatam Management Co.; Community Preservation Corp.; Galaxy General Contracting; Hutchinson Metro Center; Jerome Associates, LLC; Jerome Environmental Services LLC; Judicial Title Insurance Agency LLC; Langsam Property Services Corp.; LBKaye International Realty; MLBK International Realty; Novick, Edelstein, Lubell, Reisman, Wasserman, & Leventhal, P.C.; Perry Gault Management. Co., Inc.; Rappaport, Hertz, Cherson, & Rosenthal, P.C.; Sandra Erickson Real Estate; Schur Management 25th Annual Holiday Party Photos....................................................8-9 Co., Ltd.; Service Directions 86th Annual Banquet Date.............................................................. 16 Inc.; Susan E. Goldy, Inc.; 2010 Leadership ............................................................................ 2 S.W. Management LLC; Additional MLS Listing Opportunities............................................... 14 Tekniverse, Inc.; The Sparrow Advantage Advertising.................................................................... 16 Group; and Tryax Realty. Association Mission Statement....................................................... 13 Contributors to the 2009 Holiday Party were: Benefactors in the amount of $500: Aggressive Energy/ Bayridge Fuel; Hess Corp.; Jerome Associates; and Judicial Title Insurance Agency LLC. Patrons in the amount of $300: Affiliated Adjustment Group, Ltd.; Chatam Management What’s Inside The Federal Housing A dministration mortgage insurance program is a critical part of the American housing fabric and has never been more important than it is in today’s market, NAR President Vicki Cox Golder told a congressional panel. Testifying before the House Committee on Financial Services, Golder said that the FHA program is fiscally sound with responsible underwriting, and needs enhancements not radical reform. She urged Congress and the administration to tread lightly before making changes to a program that has a profound impact on economic recovery and serves the nation’s families. “With the collapse of the private mortgage market, the importance of the FHA mortgage insurance program has never been more apparent. Thus far in 2009, nearly 80 percent of all FHA insured purchasers are first-time homebuyers. And if you take a closer look at the numbers, you’ll see that program is doing exactly what it was designed to do—make more affordable mortgage financing available to homeowners,” said Golder, owner of Vicki L. Cox & Associates in Tucson, Ariz. She pointed out that this year almost 50 percent of nonwhite Hispanic borrowers used FHA insurance or the Veterans Administration’s loan guaranty for home-purchase loans and 21 percent used the FHA or VA program to refinance a home Benefits of Participating in the BMAR Multiple Listing Service........... 15 Calendar of Events ........................................................................3-4 Camp Good Days Contributors.......................................................... 5 CEO Report .................................................................................... 2 Instructors Wanted......................................................................... 13 Join Us Notice................................................................................ 14 New Members Joined November-December...................................... 10 Newsletter Product & Service Providers............................................. 5 NYSAR Government Affairs Update.................................................... 5 NYSAR Legal Hotline...................................................................... 13 President’s Message . ..................................................................... 3 continued on page 6 Visit www.bmar.org • REALTOR PROFESSIONAL EDGE • DECEMBER 2009 • PAGE Officers matthew engel, cpm President matthew schmelzer President-Elect Nunzio Del Greco, RCE Chief Executive Officer CHRISTINA TAYLOR V.P. Bronx Residential Div. RICHARD GUARINO V.P. Manhattan Residential Div. danielle erickson noak V.P. Owner-Management Div. Kathy Zamechansky V.P. Commercial - Industrial Div. stephen wolinetz Treasurer HATEMA NEZAJ Secretary Eliot J. Cherson, Esq. Counsel to the Board Governors Frank Barbieri BARBARA ANN BENSON michael berr PETER BOURBEAU Vincent Buccieri JAMES K. COLEMAN JOSEPH W. COLONEL richard conley FLOYD E. COOPER lorraine coyle, Esq., gri, sres vasco dasilva Ellen Feld, GRI WANDA FORDEN JEFFREY GAULT Richard Giliotti richard goodman, CPM Ram Gupta JOAN KUZNIAR, GRI maxine mears-clarke Anthony Mormile Eugene Reisman, Esq. HALE RICKMAN, CPM SHIMON SHKURY RANDOLPH J. SILVERSTEIN James Slattery Sonny Vataj Arnold Waldman EARL H. WASHINGTON Senior Council george bookis, gri Mark F. Engel, CPM SANDRA ERICKSON Joel T. Fishman Virginia M. Gallagher Perry Gault Susan E. Goldy, CIPS, GRI Jacqueline Kyle Kall Barry H. Levites, CPM Joseph F. Limongelli Michael Schmelzer, GRI William Schur Eric A. Sterling, IFA, ASA, GAA Joseph A. Villani CEO REPORT 2010 Leadership Nunzio Del Greco RCE, Chief Executive Officer “ Cultivate more business in 2010 through Membership ” Dear Members & Friends: Special recognition is extended during this Holiday Season to everyone who have supported us in 2009. Your support in the Bronx-Manhattan North Association of Realtors (BMAR) is greatly appreciated especially in these challenging times. With your support and cooperation, together we will continue to provide valuable programs, services and networking opportunities to cultivate more business in 2010 and beyond. We value your membership, friendship and look forward to your active participation in the organization. BMAR has a rich history with an extraordinary culture of inclusiveness, camaraderie, successful and dynamic business professionals. Please encourage all your business contacts to join BMAR. Let them know that as a member, they can generate more business from the hundreds of companies that are active members of BMAR throughout the New York metropolitan region which includes companies directly or indirectly servicing the business community and real estate industry. Companies do not need an office in Manhattan or the Bronx to be active members of the association. Membership in this association is a business investment for your benefit. Benefits of Membership include: 1. Being listed in the Annual Membership & Referral Directory membership roster with additional listings alphabetically based on type of service for referrals and more business. The Directory is utilized as a reference guide and referral tool. 2.Receiving discounts on reservations to attend any one of the 4 major networking events including: the Annual Real Estate Trade Show; Annual Banquet; Annual Golf & Tennis Outing; and the Annual Holiday Party. The next major networking event is our 86th Annual Banquet scheduled for April 15, 2010. 3. Being able to Sponsor events for additional recognition for your company. 4. Being able to advertise in any one of 4 annual publications and the Realtor Professional Edge 16 page monthly Newsletter distributed to over 11,000 contacts throughout the New York metropolitan region. Advantage advertising discounts are also available. 5. Being able to access group health insurance plans including dental plans through BMAR. Group rates and plans are also available to 1099 independent contractors or agents. Some of the insurance plans include Atlantis Health; Oxford; HIP; GHI; and others. continued on page 4 PAGE • DECEMBER 2009 • REALTOR PROFESSIONAL EDGE • Visit www.bmar.org events “ BMAR continue to be very popular ” Even though 2009 was another challenging year for the real estate industry, our BMAR events continued to be very popular. Our 2009 year closed out with our 25th Annual Holiday Party, with its attendance up from 2008. Many firms chose to make our Party, their Party and the mood was upbeat with active networking continuing for hours into the night. As we usher in the 2010 New Year, we begin to plan for our 86th Annual Banquet to be held on April 15, 2010. The Banquet, our banner event of the year continues to draw impressive Keynote Speakers and an assortment of distinguished honorees, year in, year out. The Event is one of the highlights of the annual New York City real estate calendar. Recent Keynote Speakers have included Senator Hillary Clinton, Mayor Michael Bloomberg, NYPD Commissioner Ray Kelly and NYC Comptroller Bill Thomson. Please plan on joining us and supporting this event in April. On behalf of the entire organization, I thank you for all of your support this past year and wish you a safe, prosperous 2010. Matt Engel 2010 President President’s Message CALENDAR OF EVENTS Matthew Engel, CPM, 2009 President JANUARY 6, 2010 Strategic Planning Committee Meeting BMAR Board Room 10:00 AM – 11:30 AM JANUARY 19-MARCH 22, 2010 Salesperson’s Course BMAR Board Room 6:00 PM – 9:00 PM JANUARY 21, 2010 Board of Governors Meeting BMAR Board Room 9:30 AM – 10:30 AM Banquet Committe Meeting BMAR Board Room 10:30 AM – 11:30 AM JANUARY 26, 2010 New Member Welcome Seminar & Code of Ethics Training BMAR Board Room 9:30 AM – 1:00 PM JANUARY 31-FEBRUARY 4, 2010 NYSAR Business Meeting The Desmond Hotel Albany, NY FEBRUARY 18, 2010 Board of Governors Meeting BMAR Board Room 9:30 AM – 10:30 AM MARCH 9, 2010 NYSAR Code of Ethics & Professional Standards Procedures Training Westchester Marriot 607 White Plains Road Tarrytown, NY 8:30 AM – 4:00 PM MARCH 18, 2010 Board of Governors Meeting BMAR Board Room 9:30 AM – 10:30 AM MARCH 23, 2010 New Member Welcome Seminar & Code of Ethics Training BMAR Board Room 9:30 AM – 1:00 PM MARCH 30, 2010 Strategic Planning Retreat Hutchinson Metro Center 1200 Waters Place Bronx, NY 9:00 AM – 5:00 PM APRIL 13, 2010 Board of Governors Meeting BMAR Board Room 9:30 AM – 10:30 AM APRIL 15, 2010 86th Annual Banquet Marina del Rey Caterers, Bronx, NY 5:30 PM – 10:00 PM APRIL 27, 2010 New Member Welcome Seminar & Code of Ethics Training BMAR Board Room 9:30 AM – 1:00 PM Visit www.bmar.org • REALTOR PROFESSIONAL EDGE • DECEMBER 2009 • PAGE MAY 10-15, 2010 NAR Legislative Meeting Washington, DC MAY 20, 2010 Board of Governors Meeting BMAR Board Room 9:30 AM – 10:30 AM JUNE 17, 2010 Board of Governors Meeting BMAR Board Room 9:30 AM – 10:30 AM General Membership Meeting & Election of 2011 Officers & New BOG Members Board of Governors Meeting BMAR Board Room 10:30 AM JUNE 21, 2010 75th Annual Golf & Tennis Outing Metropolis Country Club Westchester, NY JUNE 29, 2010 New Member Welcome Seminar & Code of Ethics Training BMAR Board Room 9:30 AM – 1:00 PM SEPTEMBER 12-15, 2010 NYSAR Business Meeting Hilton Rye Town Hotel Rye, NY SEPTEMBER 16, 2010 Board of Governors Meeting BMAR Board Room 9:30 AM – 10:30 AM OCTOBER 19, 2010 New Member Welcome Seminar & Code of Ethics Training BMAR Board Room 9:30 AM – 1:00 PM OCTOBER 27, 2010 9th Annual Real Estate Trade Show (TENTATIVE DATE) LOCATION TBA NOVEMBER 3-8, 2010 NAR Annual Convention New Orleans, LA NOVEMBER 16, 2010 New Member Welcome Seminar & Code of Ethics Training BMAR Board Room 9:30 AM – 1:00 PM NOVEMBER 18, 2010 Board of Governors Meeting BMAR Board Room 9:30 AM – 10:30 AM DECEMBER 2, 2010 26th Annual Holiday Party Marina del Rey Caterers Bronx, NY 5:30 PM – 10:00 PM DECEMBER 16, 2010 Board of Governors Meeting BMAR Board Room 9:30 AM – 10:30 AM Cultivate more business in 2010 through membership ... continued from page 2 6. Being able to serve on any of over 25 Standing & Special Committees. I often mention the culture of inclusiveness which exists in BMAR. Networking takes place at all events that are sponsored including committee meetings. 7.Having an opportunity to serve as a member of the Board of Governors which is the policy making body for the association if a vacancy exists. 8. Being able to attend some of the many educational programs and cutting edge informational seminars are sponsored through the association. 9.Receiving a free copy via email of the Realtor Professional Edge. 10.Receiving Free Email News & Updates Realtors and Realtor Associates can access Multiple Listing Services (MLS) with significant advantages and also receive additional benefits as members through the New York State Association of Realtors (NYSAR) and the National Association of Realtors (NAR). For more information on Membership or MLS, contact Grace Rivera at (212) 242-4343; (718) 892-3000 or email [email protected] Best Wishes & Happy Holidays! Always Moving Forward. PAGE • DECEMBER 2009 • REALTOR PROFESSIONAL EDGE • Visit www.bmar.org Nunzio Del Greco Chief Executive Officer SUPPORT CAMP GOOD DAYS & SPECIAL TIMES CONTRIBUTORS AS OF DECEMBER 21, 2009 Azus, Bruce..................................... Affiliated Adjustment Group, Ltd...............................................................Benefactor Barbieri, Frank................................ 187 Realty Group........................................................................................Benefactor Berr, Michael.................................. Goodhart National Gorman Agency, Inc.....................................................Benefactor Boden, Andy................................... CS Brown Co., Inc......................................................................................Benefactor Bonardi, Michael............................. D & D Elevator Maintenance......................................................................Benefactor Coder, Ken...................................... Kenneth Coder, CPA...................................................................................Benefactor Costanza, Jerry................................ Langsam Property Services Corp................................................................Sponsor Del Greco, Nunzio & Lana............. BMAR.........................................................................................................Benefactor Delucia, Frank................................. HUB International Northeast Ltd................................................................Benefactor DiMaggio, Joseph........................... Masters Exterminating & Pest Control, Inc................................................Benefactor Edelstein, Scott............................... Novick, Edelstein, Lubell, Reisman, Wasserman, & Leventhal.....................Benefactor Engel, Mark & JoAnn..................... Langsam Property Services Corp................................................................Benefactor Fiederlein, David & Barbara........... D.F. Consulting...........................................................................................Benefactor Gallagher, Virginia.......................... VMG Management Corp.............................................................................Benefactor Garfunkel, Ron................................ Service Directions Inc.................................................................................Benefactor Gault, Jeffrey................................... Perry Gault Management Co., Inc...............................................................Benefactor Gault, Perry..................................... Perry Gault Management Co., Inc...............................................................Benefactor Ghiotti Family......................................................................................................................................................Benefactor Goldman, Joshua............................. Bargold Storage Systems............................................................................Patron Guare, John..................................... Sean;s Construction of NY Inc....................................................................Benefactor Gupta, Mary.................................... Chatam Management Co., Inc.....................................................................Benefactor Gupta, Ram..................................... Chatam Management Co., Inc.....................................................................Benefactor Harbater, Michael............................ CS Bown Co., Inc........................................................................................Benefactor Hernandez, Linda............................ Langsam Property Services Corp................................................................Benefactor Hershkowitz, Robert....................... Weiss Realty LLC.......................................................................................Benefactor Hille, Cliff & Carole....................... Langsam Property Services Corp................................................................Benefactor Hirschkorn, Harry........................... 115 West 128th Street Corp.........................................................................Benefactor Ingerman, Phylis............................. Langsam Property Services.........................................................................Patron Jakubovitz, Donna........................... Joremi Enterprises Inc.................................................................................Benefactor Jebaily, Bill..................................... Aggressive Heating/Bayridge Fuel.............................................................Benefactor Laub, Michael................................. Realty Group...............................................................................................Benefactor Levy, David..................................... NKR Management LLC..............................................................................Benefactor Lewis, Brian.................................... Langsam Property Services.........................................................................Benefactor Mann, Sheldon................................ Langsam Property Services Corp................................................................Benefactor Miller, David................................... Webster Lock & Hardware Co., Inc............................................................Benefactor Mogg, Bill....................................... Lift-Tech Ltd...............................................................................................Benefactor Pikus, Rubin.................................... Milbrook Properties, Ltd.............................................................................Benefactor Recht, Morton................................. Langsam Property Services.........................................................................Sponsor Reilly, Boz....................................... Castle Oil Corp............................................................................................Patron Reisman, Eugene............................. Novick, Edelstein, Lubell, Reisman, Wasserman, & Leventhal........................Benefactor Rickman, Anna................................ Jerome Environmental Services LLC.........................................................Benefactor Rickman, Hale................................. Jerome Associates LLC...............................................................................Benefactor Romita, Michael.............................. Castle Oil Corp............................................................................................Benefactor Rosenberg, Robert........................... Rosenberg Diamond Development Corp....................................................Benefactor Schall, Gregory & Janine.....................................................................................................................................Benefactor Schur, Billy..................................... Schur Management Co., Ltd.......................................................................Benefactor Schur, Marc..................................... Orbit Industries............................................................................................Benefactor Schmelzer, Matthew........................ Tryax Realty Inc..........................................................................................Benefactor Sheehan, John................................. Skyline I LLC..............................................................................................Benefactor Shendell, Len.................................. Cornell Pace, Inc.........................................................................................Benefactor Shkury, Shimon............................... Massey Knakal Realty Services..................................................................Benefactor Solow, Doug.........................................................................................................................................................Benefactor Stark, Murray.................................. Stark Management Co., Inc.........................................................................Benefactor Waxenberg, Jerome......................... Norwax Associates, Inc...............................................................................Benefactor Wolinetz, Stephen........................... Wolinetz Management LLC........................................................................Benefactor Yaron, Doron................................... D.D.D.Y. Painting Inc.................................................................................Benefactor Yukelson, Bruce.............................. Wolfe, Yukelson, & Adler...........................................................................Benefactor Yustman, Kenneth........................... Weiss Realty LLC.......................................................................................Benefactor Total 27,650 . Newsletter Product & Service Providers COPIERS, PRINTERS & FAX MACHINES DEC Copiers...........................................(845) 942-1400 ELEVATOR AL’AN Elevator Corp.............................(718) 792-9530 D & D Elevator.......................................(914) 347-4344 Ver-Tech Elevator...................................(212) 375-1900 ENERGY MANAGEMENT SYSTEMS, HEATING CONTROLS U.S. Energy Group..................................(718) 380-1004 ENERGY / NATURAL GAS & OIL Bay Ridge Fuel.......................................(718) 836-9222 Castle Oil Corp.......................................(914) 381-6600 Informa Energy ......................................(800) 794-5410 ENVIRONMENTAL SERVICES Jerome Environmental Services, LLC....(718) 220-4200 EXTERMINATOR Metro Pest Control..................................(718) 803-0000 INSURANCE CBS Coverage Group Inc.......................(516) 938-9000 LAUNDRY EQUIPMENT Service Directions Inc.............................(800) 666-0505 Mortgage Financing Services Community Preservation Corp..............(718) 601-6600 MULTIPLE LISTING SERVICE (MLS) Bronx-Manhattan North Association Of Realtors......................(718) 892-3000 PRINTING Beehive Press..........................................(718) 654-1200 TITLE INSURANCE Judicial Title Insurance Agency LLC.....(914) 381-6700 *Contributors to Camp Good Days are recognized in the BMAR Professional Edge (SPONSORS $1-$49; PATRONS $50-$99; BENEFACTORS $100 & OVER) BMAR Camp Good Days 2009 Fundraiser... Yes, I’d like to help Camp Good Days Name of Contributor ________________________________________________________________ Company ________________________________________________________________________ Address __________________________________________________________________________ Telephone _______________________________________________________________________ Amount of Contribution $ ____________________________________________________________ PATRONIZE THE ADVERTISERS IN THIS NEWSLETTER! *Tell them that you saw their “ad” in the BMAR Newsletter SEND YOUR DONATION TO: BRONX‑MANHATTAN North ASSOCIATION OF REALTORS, INC. 1867 Williamsbridge Road, Bronx, NY 10461‑6298 ** PLEASE MAKE CHECKS PAYABLE TO: CAMP GOOD DAYS ** Visit www.bmar.org • REALTOR PROFESSIONAL EDGE • DECEMBER 2009 • PAGE FHA Mortgage Insurance Program Important to Hous‑ ing Market and Recovery ...continued from front cover loan. Last year, more than 60 percent of home-purchase loans and about 45 percent of refinance loans to black homebuyers were insured or guaranteed by either FHA or VA. “As the leading advocate for homeownership and housing issues, NAR knows that without FHA mortgage insurance, our housing market could never start to recover,” Golder said. FHA’s decline in reserves is in part a reflection of a projected change in home price values, and is not tied to excessive increases in defaults or unsound underwriting practices, she said. In citing the recent FHA audit, Golder said, “If FHA makes no changes to the way it does business today, the reserves will actually exceed 2 percent in the next several years. FHA has sufficient reserves.” FHA cash reserves and capital reserves give the agency combined assets of $30.4 billion—enough to pay all claims over a 30-year period. Most banks are required to hold reserves sufficient to pay only one year of claims. “Realtors® strongly believe that FHA is taking the necessary steps to assure its financial solvency,” Golder said. “We look forward to working with the Department of Housing and Urban Development. We have confidence that FHA Commissioner Dave Stevens will do what’s needed to ensure the financial health and stability of the FHA fund. We encourage FHA to take steps that will have the least impact on FHA borrowers who are such an important part of our housing and economic recovery,” said Golder. NAR strongly opposes H.R. 3706, the “FHA Taxpayer Protection Act of 2009,” which would increase FHA’s downpayment requirement. The bill would not add anything to FHA reserves but would put homeownership out of reach for many creditworthy borrowers. “Realtors® believe that the best way to ensure FHA’s success is to strengthen it,” she said. Golder also thanked Chairman Barney Frank (D-Mass.) and the committee for passing legislation to extend the higher loan limits through 2010, but urged the committee to make the higher limits permanent. “The higher limits are not just for a few states with high median prices. There are currently 245 counties in 28 states that have high cost limits—this is a national issue,” she said. The National Association of Realtors®, “The Voice for Real Estate,” is America’s largest trade association, representing 1.2 million members involved in all aspects of the residential and commercial real estate industries. Hundreds of toys were donated by guests and over $1,500 was contributed to purchase additional toys. The gifts were delivered to Casita Maria; The Rainbow School for Child Development; and Saint Dominic’s Home for Abused and Neglected Children. Each year, members and friends attending the Holiday Party donate unwrapped toys for abused or neglected children. “Donating Christmas and Chanukah gifts is a good way of making the spirit of the holiday season memorable to children less fortunate than our own”, added Engel, 2010 President. of Realtors is more important than ever and includes all companies directly or indirectly servicing the business community and real estate industry. BMAR continues to sponsor valuable programs, services and networking opportunities for your benefit. 25th Annual Holiday Party Held ... ...continued from front cover Co.; Community Preservation Corp.; Hutchinson Metro Center; Langsam Property Services Corp.; Marina del Rey Caterers; S.W. Management LLC; Sparrow Real Estate; and Tryax Realty, Inc. Sponsors in the amount of $100 were: Al’An Elevator Corp.; Novick, Edelstein, Lubell, Reisman, Wasserman & Leventhal, P.C.; Perry Gault Management Co.; and Sandra Erickson Real Estate. “Recognition as a top producer is an important honor and the 2009 Holiday Party had many of Award Recipients”, added Matthew Engel, 2009 President. 7 MultiMillion Dollar Club Award Recipients and Diamond Club Awards were presented at the event. The Award Recipients were: Yuri Fridman, Susan E. Goldy Inc. $2 Million; Amela Kadric, Exclusive Properties Sotheby’s International Realty $5 Million; Lee Moskof, Susan E. Goldy, Inc $3 Million; Shimon Shkury, Massey Knakal Realty Service $68 Million; and Sanjya Tidke, Exclusive Properties Sotheby’s International Realty; $5 Million. Diamond Club Recognition Awards were: Manny Puello, Fieldston Properties; and Sanjya Tidke, Exclusive Properties Sotheby’s International Realty. Types of companies active in BMAR includes: licensed real estate brokers and agents; multi-dwelling property owners; building service vendors and suppliers; unlicensed property managers; attorneys; appraisers; banks; mortgage companies; fuel service and energy companies; title and abstract companies; insurance companies and insurance brokers; contractors and other companies servicing the real estate industry. Companies do not need an office in Manhattan or the Bronx to be active members of the association. Membership in the Bronx-Manhattan North Association PAGE • DECEMBER 2009 • REALTOR PROFESSIONAL EDGE • Visit www.bmar.org BMAR assists members in cultivating long term business relationship by sponsor networking events. Our major networking events are very popular and attract professionals throughout the New York metropolitan region. The next major networking event is the 86 th Annual Banquet scheduled for Thursday, April 15, 2010. For more information, sponsorship or advertising opportunities contact Janine Schall at (718) 892-3000, (212) 242-4343 or email: [email protected]. PATRONIZE THE ADVERTISERS IN THIS NEWSLETTER! *Tell them that you saw their “ad” in the BMAR Newsletter NYSAR GOVERNMENT AFFAIRS UPDATE Attention brokers: Gain entry to win Mobil gas cards by joining the Broker Involvement Program NYSAR is calling on principal brokers to bring decision-making authority, strong leadership, and their agents’ voices to Congress by signing-up for the Broker Involvement Program. In addition to joining this important grassroots effort, each participating broker will gain entry into a series of drawings for $50 Mobil gas cards. Congratulations to our latest winner, Christopher Covert of Guide Boat Realty in Saranac Lake, NY. Christopher will receive $50 worth of Mobil gas cards for joining the Broker Involvement Program! Our next drawing will be held on Friday, December 18. Please contact NYSAR Government Affairs 518-4630300 x238 or [email protected] to sign up for the program, acquire flyers or to find out more information. The Broker Involvement Program empowers broker owners to alert their agents to key REALTOR issues. When brokers speak, agents listen and respond. By urging REALTORS to respond to NAR’s Calls for Action, we can shine a bright light in Congress on important real estate issues. To date, 130 New York brokers have signed up for the program, placing us in fourth place among states with active brokers in the program. Thank you to those brokers for taking the initiative to join this effort! State News Governor Paterson signs bill to save property taxpayers money This past week, Gov. David Paterson signed legislation into law to create a new tier of pension benefits for New York’s public employees. The measure brings landmark structural reforms to New York’s public retirement system that will save state and local governments nearly $35 billion over the next 30 years. Those reforms include: raising the minimum retirement age; increasing the minimum number of years of service required to draw a pension; and capping the amount of overtime that can be considered in the calculation of pension benefits. The cost to subsidize the current public retirement system have grown out of control and property taxpayers have been crippled by mounting property tax bills to support the system. NYSAR applauds the governor for making structural reforms to the pension system that will translate into meaningful savings to New York’s overburdened property taxpayers. NYC Council passes ‘Green Building’ legislation The New York City Council passed a package of “Green Building” bills as part of Mayor Bloomberg’s PLANYC agenda. Those bills deal with audit and retrofit; energy code; benchmarking; and lighting. In response to concerns raised by NYSAR and other interested parties about the financial ramification for property owners, the bills have been largely modified from their original version. State court blocks eminent domain power in Columbia University expansion plan A New York appellate court had rejected the state and Columbia University’s effort to take property from businesses in Harlem and give them to Columbia University for campus expansion. The harshly worded ruling said: “The exercise of eminent domain power to benefit a private elite education institution is violatitive” of the United States and New York State constitutions and should not be allowed. The Empire State Development Corporation (ESDC) and Columbia University attempted to establish that the area in question was “blighted” and as a result, a candidate for eminent domain. The court, however, called that argument a “scheme” cooked up by the university and ESDC. The ESDC said the decision was in direct conflict to past decisions that allowed for eminent domain in blighted areas, most recently in Brooklyn for the Atlantic Yards project. ESDC plans to appeal the ruling to the NYS Court of Appeals, the state’s highest court. New York State has been criticized for abusing eminent domain, leaving the state legislature in the position to fix this problem through legislation that has yet to be hammeredout. Federal News New RESPA rule takes effect January 1 The Real Estate Settlement Procedures Act (RESPA) was enacted in 1974 to provide consumers with improved disclosures of settlement costs and to reduce the costs of closing by the elimination of referral fees and kickbacks. Through the years, the Department of Housing and Urban Development (HUD) has issued regulations and policy statements to provide RESPA guidance to industry and consumers alike. On November 17, 2008, HUD published a new final rule “To Simplify and Improve the Process of Obtaining Mortgages and Reduce Consumer Settlement Costs.” The rule mandates use of a new Good Faith Estimate (GFE) and HUD-1 which go into effect on January 1, 2010. See links for more information on new RESPA rule: • HUD Releases 19 New FAQs on New RESPA Rule (Nov. 19) • Presentation: Phil Schulman Address Top 10 GFE and HUD-1 Questions (Nov. 15) • HUD Announces 120-day Period of Restraint in Enforcement of New RESPA Rule (Nov. 13) RPAC The REALTORS Political Action Committee (RPAC) gives REALTORS a voice in the political arena. RPAC is charged with supporting the election efforts of pro-REALTOR candidates. continued on page 11 Visit www.bmar.org • REALTOR PROFESSIONAL EDGE • DECEMBER 2009 • PAGE 25th Annual Holi (Left to right) Brian Murray, Metropolitan Property Services; Perry Gault, Perry Gault Management Co.; and Murray Stark, Stark Management Co, Inc. (Left to right) Matthew Engel, 2010 President, Christine Willant, Tekniverse, Inc.; Nunzio Del Greco, CEO; and Joseph Mawad, Tekniverse, Inc. (Left to right) Joseph Colonel, Castle Oil Corp.; Jim Slattery, Aggressive Energy/Bayridge Fuel; Sean Lytel, Broadview Networks; Matthew Engel, 2010 President; and William Holzel, Broadview Networks. (Left to right) Mark F. Engel, Langsam Property Services Corp.; Anthony Corvina, Hess Corp.; Bob Welch, Hess Corp.;Sheldon Goldklang, Judicial Title Insurance Agency LLC; and Matthew Engel, 2010 President. (Standing left to right) Robert Eychner, NYSAR Regional Vice President; Susan Gold, Susan E. Goldy Inc.; Lewis B. Kaye, LB Kaye International Realty; Marilyn Harra Kaye, MLB Kaye International Realty; (Seated) Guest of LB Kaye International Realty & MLB Kaye International Realty. Guests of Susan E. Goldy Inc. Hundreds of toys were donated by members and guests. (Left to right) Nunzio Del Greco, CEO; Anne Shahmoon, Exclusive Properties Sotheby’s International Realty; Ellen Feld, Exclusive Properties Sotheby’s International Realty, Sanja Tidke, Exclusive Properties Sotheby’s International Realty; Vasco DaSilva, Exclusive Properties Sotheby’s International Realty; Amela, Kadric, Exclusive Properties Sotheby’s International Realty; and Matthew Engel, 2010 President. PAGE • DECEMBER 2009 • REALTOR PROFESSIONAL EDGE • Visit www.bmar.org iday Party Photos (Left to right) Joe Kelleher, Hutch Metro Center; Holiday Party Guest; and Barry Levites, Levites Realty Management., LLC. (Left to right) Nunzio Del Greco, CEO; Nancy Alberts, Susan E. Goldy, Inc.; Francine Gladstone, Susan E. Goldy, Inc.; Margaret Killeen; Joanne Cooper, Susan E. Goldy, Inc.; Susan Goldy, Susan E. Goldy, Inc.; Matthew Engel, 2010 President; Marilyn Wegh, Susan E. Goldy, Inc.; Lee Moskof, Susan E. Goldy, Inc.; and Yuri Fridman, Susan E. Goldy, Inc.. (Left to right) Earl Washington, United Realty Services; Christina Taylor, Laujel Realty Corp.; and Nunzio Del Greco, CEO. Guests of Langsam Property Services Corp. (Left to right) Gene Santiago, EPA, LLC; Sean Lytle, Broadview Networks; William Holzel, Broadview Networks; Edwardo Vazquez, Banco Popular; and Lenny Caro, Bronx Chamber of Commerce. (Left to right) Danielle Erickson Noak, Vice President Owner Management Division; and Christina Taylor, Vice President Bronx Residential Division. (Left to right) Grace Rivera, Membership Assistant; Janine Schall, Marketing Assistant; Nunzio Del Greco, CEO; Barbara Ann Benson, Better Homes & Gardens Rand Realty; and Monica Ghiotti, Bookkeeper / Administrative Assistant. Guests of Jerome Associates & Jerome Environmental Services LLC. REALTOR® Visit www.bmar.org • REALTOR PROFESSIONAL EDGE • DECEMBER 2009 • PAGE 14 NEW MEMBERS JOINED November 19, 2009 11 Realtor Associates Andre Galiber Angela Van Eman NHS Realty Corp. Luxor Homes & Investment Realty 307 W. 36th Street 129 W. 72nd Street, Suite 2F New York, NY 10018 New York, NY 10023 Tel: (212) 519-2560 Fax: (646) 383-9308 Tel: (212) 362-7557 Fax: (212) 362-7533 Recommended by: Yves Kedelina Recommended by: Augustine Diji Mable Ivory Luxor Homes & Investment Realty 129 W.72nd Street, Suite 2F New York, NY 10023 Tel: (212) 362-7557 Fax: (212) 362-7533 Recommended by: Augustine Diji Alison Lovell Luxor Homes & Investment Realty 129 W. 72nd Street, Suite 2F New York, NY 10023 Tel: (212) 362-7557 Fax: (212) 362-7533 Recommended by: Augustine Diji Myra Riollano Exclusive Properties Sotheby’s Int’l Realty 3732 Riverdale Avenue Bronx, NY 10471 Tel: (212) 407-2521 Fax: (718) 432-1175 Recommended by: Vasco Da Silva Joseph Hart Related Management Co. 423 W. 55th Street New York, NY 10019 Tel: (212) 319-1200 Recommended by: Jeffrey Brodsky Albert Djojoseparto Property Hunters Inc. 394 Bedford Park Blvd. Bronx, NY 10458 Tel: (718) 676-0929 Fax: (718) 676-0930 Recommended by: Anthony Mendez Julie Ruelle Luxor Homes & Investment Realty 129 West 72nd Street, suite 2F New York, NY 10023 Tel: (212) 362-7557 Fax: (212) 362-7533 Recommended by: Augustine Diji Magalis J. Valette MLBKaye International Realty Inc. 1067 Park Avenue New York, NY 10128 Tel: (212) 828-7200 Fax: (212) 426-5334 Recommended by: Marilyn Harra Kaye Yolanda Gonzalez Sandra Erickson Real Estate 1394 Clay Avenue, Ste. 1C Bronx, NY 10456 Tel: (718) 293-3344 Fax: (718) 293-8327 Recommended by: Sandra Erickson Michael Mikaelian Diane Milone Realty 2343 Mickle Avenue, Bronx, NY 10469 Tel: (718) 655-7090 Fax: (718) 655-3209 Recommended by: Diane Milone Mike Gregoretti Mike Gregoretti & Sons d/b/a Lessoil 672 Dogwood Avenue, # 300 Franklin Square, NY 11010 Tel: (516) 319-5052 Recommended by: Tom Webbler, Lou Romano 3 Affiliates Mark J. Schwartz New York Water Management 240 Ocean Parkway, suite 4A Brooklyn, NY 11218 Tel: (718) 686-0040 Fax: (718) 972-1006 Recommended by: Jeff Hess April Horton Verizon 3050 Cruger Avenue, 4th fl. Bronx, NY 10467 Tel: (917) 837-8116 Fax: (718) 881-8303 Recommended by: Sandra Erickson 4 NEW MEMBERS JOINED DECEMBER 17, 2009 3 Realtor Louis Popovic JLP Metro Management, Inc. 3397 East Tremont Avenue, Bronx, NY 10461 Tel: (347) 810-0070 Owen Barrett Globaltrans Properties, LLC. 1672 E. Gunhill Rd,, Bronx, NY 10469 Tel: (718) 231-2600 Fax: (718) 231-8123 Joaquin Freddy Diaz Two One Two Realty LLC 232 West 238th Street, Bronx, NY 10463 Tel: (917) 417-7648 2 Realtor Associates Michael D. Lewis Luxor Homes & Investment Realty LLC 129 West 72 Street, Suite 2F, New York, NY 10023 Tel: (212) 362-7557 Referred by: Augustine Diji Jean Buchalter MLBKaye International Realty 1067 Park Avenue, New York, NY 10128 Tel: (212) 828-7212 Referred by: Marilyn Harra Kaye 1 Affiliate Ira Gordon Land Appliance Services 5725 Foster Avenue, Brooklyn, NY 11234 Tel: (718) 531-8681 Fax: (718) 531-8681 Recommended by: Mark Engel, Matthew Engel PAGE 10 • DECEMBER 2009 • REALTOR PROFESSIONAL EDGE • Visit www.bmar.org FREE Worldwide Advertising Through MLS Premium Internet Search Engines Listings are featured FREE and automatically on premium websites including: FREALTOR.COM FGOOGLE BASE FTRULIA FZILLOW FMYSPACE CLASSIFIED FLYCOS.COM FYAHOO REAL ESTATE FAOL.COM FCYBERHOMES FOVERSTOCK.COM FHOTPADS FPROPERAZZI FOODLE FVAST FHOMESCAPE.COM FBACKPAGE.COM FLISTPIC.COM FMILITARY.COM FLOCAL.COM FFRONTDOOR (HGTV). The premium websites above makes this is a very exciting development for members of the MLS especially in this real estate market. It is a significant benefit for current and new members. For more information email: [email protected] Government Affairs Al’An Elevator Corporation Serving The Tri State Area Since 1981 Complete 24 Hour Service • Maintenance • Repairs • Modernizations • New Installations • Violations Removal • Test Inspections * * * Call Now For A Free Survey Of Your Elevator * * * Anthony Di NapoliLawrence Laurenzano President Vice President [email protected]@AIanelevator.com Al’An Elevator Corporation 2368 Westchester Avenue Bronx, New York 10462 718-792-9530 Phone 718-792-4218 Fax Visit us at: Alanelevator.Com 350 or LESS Reduce Your Annual Fuel Use to 350 Gallons or Less Per Apartment The Energy Savings Team Comprehensive Energy Reduction Program Fully NYSERDA Compliant ...continued from page 7 It’s just one of the many powerful tools REALTORS use to fight unreasonable taxes and regulation placed on the real estate industry. RPAC works to protect your livelihood and ensure the REALTOR voice is represented at all levels of government. We expect many new challenges ahead in 2010, but the REALTOR voice cannot be conveyed without your support. Contributions are now being accepted for the 2010 RPAC fundraising year. To date, RPAC receipts total $9,090, representing 1% of our 2010 fundraising goal of $807,105. If you haven’t done so already, please help your local board make its 2010 fundraising goal by investing in RPAC today. Investing in your business is easy with several ways to contribute: • Completing and returning the RPAC Pledge Form to either NYSAR or your local board/association. • Contributing online. Simply login with your 9-digit NRDS number, proceed to the “Contribute to RPAC” link, and either contribute by credit card or TeleCheck. As a reminder, the first 50 members to make a $100 RPAC contribution online through nysar.com will receive an Exxon/Mobil gas card worth $10. • Call NYSAR at 518-463-0300 x 217. DONOR RECOGNITION Every one of you plays a pivotal role in building RPAC. Thank you to all our RPAC donors for making an investment in RPAC! continued on page 13 consulting-conservation-procurement Call For Your FREE SURVEY (800) 794-5410 and visit us at: www.theenergyconservationteam.com PATRONIZE THE ADVERTISERS IN THIS NEWSLETTER! *Tell them that you saw their “ad” in the BMAR Newsletter Visit www.bmar.org • REALTOR PROFESSIONAL EDGE • DECEMBER 2009 • PAGE 11 Bill Jebaily or Jim Slattery at 718.836.9222 — Printer of This Newsletter — B eehive 718-654-1200 Fax: 718-653-4272 [email protected] Special Discount to BMAR members 3742 boston road bronx, ny 10469 ••••••••••••••••• beehivepress.com PAGE 12 • DECEMBER 2009 • REALTOR PROFESSIONAL EDGE • Visit www.bmar.org Government Affairs ...continued from page 11 NYSAR’s RPAC Major Donor Recognition To recognize those NYSAR members who make a significant investment in RPAC, NYSAR is continuing RPAC Major Donor Recognition on our website. NYSAR offers the opportunity to include a photo headshot on NYSAR. com as well. Please pass along photos in a jpeg format to [email protected]. Wave that flag! RPAC of NY patriotic pins now available. REALTORS can display their support of RPAC by purchasing an RPAC of New York patriotic pin. The magnetic pin features a United States flag with “RPAC” transposed along the flag pole. Please show your patriotism and support of RPAC by investing in this special edition pin for only $20. To obtain a pin, simply complete the order form and send it back to NYSAR. Thank you for investing in the future of the real estate industry! REALTOR® ASSOCIATION MISSION STATEMENT The Bronx-Manhattan North Association of Realtors strives to sponsor meaningful programs and services which enhance the member’s ability to conduct their business in a competent and ethical manner, to promote cooperation and networking among its members, and to promote the public’s right to use and transfer real estate property. Visit Us At: www.bmar.org Independently Owned & Owner Operated VER TECH E L E VATO R • • • • Preventive Maintenance Violation Removals Tests & Inspections Modernizations • Repairs • Fully Stocked Parts Dept. • 24 Hr. Service 877-VER-TECH 212-375-1900 • 718-850-9111 • 516-239-2205 www.ver-techelevator.com Quality Elevator Services and Modernizations INSTRUCTORS WANTED The Real Estate Institute of the Bronx-Manhattan North Association of Realtors is expanding its Education program and is interested in hiring qualified instructors to teach real estate courses. Resumes should be forwarded with a cover letter to Nunzio Del Greco, Chief Executive Officer at the Board Office. In addition to an hourly rate of compensation, instructors are also eligible for 2 hours of continuing education credit for license renewal for each hour of instruction. Visit www.bmar.org • REALTOR PROFESSIONAL EDGE • DECEMBER 2009 • PAGE 13 ADDITIONAL MLS LISTING OPPORTUNITIES Non-member MLS Realtors can submit listings into the system. This is an outstanding opportunity if you are not a member of the MLS but want to get your listings on Realtor. com and additional premium search engines. A processing of $250 per listing charge is required. Appraisers are extended a special introductory membership of $1,200 for the first year. Affiliate membership dues $350 plus a one time $50 application fee is required for processing. For more information call (212) 242-4343, (718) 892-3000 or email: [email protected]. Promote your company to the real estate industry and business community throughout the New York metropolitan region. You do not need an office in Manhattan or the Bronx to be an active member of the association. HP TONER For more information contact: Nunzio Del Greco, RCE, Chief Executive Officer (718) 892-3000 • (212) 242-4343 or Email: [email protected] Visit us at www.bmar.org PAGE 14 • DECEMBER 2009 • REALTOR PROFESSIONAL EDGE • Visit www.bmar.org COPIERS FAX MACHINES PRINTERS SCANNERS Buy-Lease-Rent Supplies & Service REPAIRS! REPAIRS! REPAIRS! (845) 942-1400 www.deccopiers.com D & D Elevator Serving The New York Metropolitan Area With Prompt and Reliable 24 Hour Service AEC Engineering Design & Construction Services Reduced Elevator Violation Exposure Code Compliant Elevator Maintenance Programs with Accountability Real Value for Your Elevator Maintenance Dollar Renewable Energy Experts Solar • Wind • Geothermal Alternative Energy Specialty Choose our Sales Team to Obtain a Marc A. Chiffert, P.E. Equipment Evaluation Free 917-656-9166 Comprehensive Maintenance Programs Violation Removals Commercial and Residential Modernizations & Installations Tests & Inspections Repairs Please Call, Fax or Email Your Request Today To: Tel: 914-347-4344 Fax: 914-347-3222 Email: [email protected] Michael Bonardi 38 Hayes Street, Elmsford, New York 10523 206 East 73rd Street New York, NY 10021 Box 1370 Southampton, NY 11969 The Realtor Professional Edge Newsletter is sent to over 11,000 contacts and professionals throughout the New York region. To reserve space in the Publications of the Bronx-Manhattan North Association of Realtors * Discounts Available * For more information Call: 718-892-3000 212-242-4343 Benefits of participating in the BMAR Multiple Listing Service: 1. 2. 3. 4. FREE agent MLS access for up to 15 member agents. FREE unlimited exclusive listings can be entered by members. Upload up to 40 photographs for each listing or video tours. FREE Worldwide advertising of your exclusive MLS listings on premium internet search engines. 5. BMAR MLS listings are automatically featured on: REALTOR.COM <http:// REALTOR.COM> , GOOGLE BASE; TRULIA; ZILLOW; MYSPACE CLASSIFIED; LYCOS.COM <http://LYCOS.COM> ; YAHOO REAL ESTATE; AOL.COM <http:// AOL.COM> ; CYBERHOMES; OVERSTOCK.COM <http://OVERSTOCK. COM> ; HOTPADS; PROPERAZZI; OODLE; VAST; HOMESCAPE.COM <http:// HOMESCAPE.COM> ; BACKPAGE.COM <http://BACKPAGE.COM> ; LISTPIC. COM <http://LISTPIC.COM> ; MILITARY.COM <http://MILITARY.COM> ; LOCAL.COM <http://LOCAL.COM> ; FRONTDOOR (HGTV). 6. Consumers and buyers around the world can view your listings and contact you directly. 7. Close more deals by having thousands of agents worldwide working to sell your listings. 8. Unlimited access to the BMAR MLS: 24 hours per day / 7 days per week. 9. Companies do not need an office in Manhattan or the Bronx to be BMAR members. 10. Provide your buyers and sellers with maximum professional services. 11. Realtor Associate dues are the lowest in the New York metropolitan region. 12. $200 per month for the entire office or $2,200 annually if paid in full. For more information email: [email protected] Visit www.bmar.org • REALTOR PROFESSIONAL EDGE • DECEMBER 2009 • PAGE 15 REALTOR ® An Official Publication Of The Bronx-Manhattan N. Association of Realtors, Inc. 1867 Williamsbridge Road Bronx, NY 10461-6298 718.892.3000 212.242.4343 Nunzio Del Greco RCE.... Editor & Chief Executive Officer Attend the 86th Annual Banquet Thursday, April 15, 2010 Marina del Rey Caterers 5:30 pm - 10:00 pm For more information contact: Janine Schall at: [email protected] (718) 892-3000 or (212) 242-4343 Visit us at www.bmar.org ADVANTAGE ADVERTISING Save 10% - 20% Providing on-site and on-line laundry solutions to reserve space in the Publications of the Bronx-Manhattan North Association of Realtors * Discounts Available * For more information Call: 718-892-3000 • 212-242-4343 800 Westchester Avenue • Suite 5340 • Rye Brook, NY 10573 Tel. (914) 381-6700 • Fax (914) 381-3131 888 Seventh Avenue • New York, NY 10106 Tel. (212) 432-3272 • Fax (800) FAX-9396 Service Directions is a leader in the installation and service of on-premises laundry rooms in the tri-state region. We are dedicated to providing superior service to our clients, and to giving back to the communities in which we live and work. Our new Cyberserve service allows our customers to refill their smart cards online, check the status of their machines, and monitor their accounts, all from the comfort of home. Caring about laundry is our business. Caring about people, our passion. That’s why 95% of our business is from referrals. www.sdilaundrysolutions.com PAGE 16 • DECEMBER 2009 • REALTOR PROFESSIONAL EDGE • Visit www.bmar.org (800) 945-WASH (914) 966-0677 Fax: (914) 966-0953