BUILDING & REALTY NEWS

VOL 6 NO 2 SERVING WESTCHESTER AND THE MID-HUDSON REGION FEBRUARY/MARCH 2007 Spitzer, Legislative Leaders Announce THE HANLEY Workers’ Comp Reforms REPORT By Matthew Maguire, The Business Council of N.Y. State ALBANY – Gov. Eliot Spitzer and New lative leaders, the leadership of The workers’ compensation reform is a tre- York’s legislative leaders last week an- Business Council of N.Y. State and the mendous victory for workers, who will nounced a landmark agreement to re- state AFL-CIO. receive increased benefits, and for form the state’s workers’ compensation Business Council President Kenneth businesses that will see a significant system. Adams hailed the deal. reduction in premiums.” The reforms, according to business “This is a major step forward toward Senate Minority Leader Malcolm Another Issue, leaders, will cut employers’ costs by 10 reducing the cost of doing business in Smith (D-14 SD) and Assembly Minor- to 15 percent, with more savings to fol- New York State,” Adams said. “It’s a big ity Leader James Tedisco (R-110 AD) Another Series of low, and increase benefits for injured win for improving our economic climate, also hailed the agreement. workers. especially upstate.” The agreement will give New Yorkers Important Reports for “This is a remarkable win-win situa- “With this plan, we strike a balance the kind of changes to workers’ com- Industry Members tion for both workers and employers,” by establishing a more effective and pensation that Gov. Spitzer promised By JEFF HANLEY Spitzer said. “Thanks to the coopera- just compensation system for injured when he spoke to The Business Coun- see page 2 tion of legislative leaders and staff, and workers, while also providing insurance cil last September as a candidate for with constructive input from business premium savings to employers,” said Governor. and labor, we’ve developed an ap- Assembly Speaker Sheldon Silver (D- In that address at the Council’s An- proach that will achieve the twin goals 64 AD). nual Meeting, Spitzer specifically called CO-OP of helping injured workers and improv- for limiting the duration of benefits in ing the state’s competitiveness.” Significant Savings for permanent partial disability cases, cre- CONDO The announcement culminates three Employers ating aggressive rehabilitation and re- months of intensive negotiations Sen. Majority Leader Joseph Bruno training programs, attacking fraud, im- CORNER among the Spitzer administration, legis- (R-43 SD) added: “The agreement on Continued on page 3 AOAC Begins Its Preparations for Upcoming Guidelines Hearings Lights, Lights, Lights: By Jeff Hanley, IMPACT Editor How to Save Money on WHITE PLAINS – Representatives of will affect rent adjustments for one or is facing,” he added. “We urge our the Apartment Owners Advisory Coun- two-year leases which begin between members to attend and to offer their in- ByYour HERB ROSEEnergy Costs! cil (AOAC) have begun the asso- October 1, 2007 and September 30, dividual struggles with their day-to-day see page 2 ciation’s preparations for the realty 2008. costs to the guidelines board. We can’t industry’s testimony on rent guidelines The AOAC—a realty industry mem- emphasize it enough – we need the increases for rental apartment buildings bership organization of more than 300 AOAC membership to help us. In turn, affected by the Emergency Tenant Pro- owners and managers who are respon- that will help us help our members.” COUNSEL’S tection Act (ETPA). sible for more than 25,000 units in the Houlihan said the AOAC will keep its CORNER AOAC officials last week said that the Westchester and Mid-Hudson Re- members updated on all events related association has begun to coordinate gion—began to discuss its strategy for to the association’s preparation cam- the industry’s strategy and eventual the public hearings and deliberations at paign and the public hearings/delibera- presentations for the upcoming public its Jan. 30 membership meeting. AOAC tions. hearings and deliberations of the West- officials and members also discussed “As always, we are fully preparing for chester County Rent Guidelines Board. the association’s overall goals and the guidelines process, while, at the The board, which was scheduled to strategies for 2007. same time, setting and trying to reach meet on Mar. 7, has not yet scheduled “Once again, we are stressing the the AOAC’s goals for 2007,” said Albert the dates of its hearings and delibera- need for realty industry members to de- Annunziata, executive director of the tions. liver testimony at the public hearings,” association. “Any input from our mem- The guidelines board, which is com- said Jerry Houlihan, chairman of the bership is important. Participation in our posed of nine members, is the entity AOAC. representation of the realty industry at that annually rules on increases for “Each year, we highlight the fact that the guidelines hearings is vital. We lease renewals. The board reaches its it is extremely important that owners need the help of our members, without decision after three public hearings and and managers testify on the continuing question, during that process. We need separate deliberations. The decision increases in costs that the realty sector their participation.” Property Management Group Announces Its 2007 Strategies

By Jeff Hanley, IMPACT Editor Immediate Action Is a ARMONK – A leading property man- Westchester and the Mid-Hudson Re- the operations of more than 700 build- Must When Addressing agement association recently an- gion (BRI), last month announced its ings and complexes in the Westchester nounced its plans to further serve the proposed agenda for 2007. and Mid-Hudson Region. ByIssues KENNETH Related J. FINGER, CARL to L. Mold FINGER local building and realty industry. ACMA is composed of more than 55 “One of our main goals has always and DANIEL S. FINGER The Advisory Council of Managing property management companies who been to help property managers run see page 5 Agents (ACMA), a component group of serve co-ops, condos and rental build- their properties more efficiently,” said the Building and Realty Institute of ings. The group’s members oversee Continued on page 5 PAGE 2 - IMPACT - FEB/MAR 2007

CO-OP Lights, Lights, Lights: How to Save CONDO Money on Your Energy Costs! CORNER BY HERB ROSE tures in the co-op’s buildings. laundry rooms, hallways, stair- the time to set up money-sav- The resulting saving of cases, etc. ing routines. 240,000 Kilowatt Hours per Lamar Lighting also offers year in electric use has been motion-sensitive fixtures under Herb’s Hints NEW YORK—How much does light for the same 16 cents! very rewarding, to say the least. the trade name of “Occu Smart.” • Draw blinds and/or drapes to a kilowatt-hour of electricity Until very recently, these en- The New York State Energy Circular fluorescent bulbs retain inside heat. cost? ergy saving bulbs were expen- Research and Development are widely used, but have been • I will do the research for the You are a knowledgeable sive, but that’s no longer an ex- Authority (NYSERDA) helped shown to be energy inefficient. first two applicants for electric person and are conversant with cuse since these money sav- in the cost of the refitting. Replacement of these fixtures savings, pro-bono! Contact the price of gasoline, news- ers can be purchased for a Amalgamated also upgraded and bulbs is an urgent neces- me at [email protected]! papers, milk and so on, but how price competitive with standard its heating system with a new sity. much do you pay for the elec- bulbs. Home Depot offers an 1200 Horsepower Boiler with tricity you use all the time? A “N-Vision Suave Blanco” ver- help from NYSERDA. Ed cursory look at your Con-Ed bill sion for $9.97 for a four pack. Yaker’s boiler numbers are par- “Although there is a temporary let- will give you some kind of clue, Also offsetting the cost is that ticularly inviting in that the co-op but not all the answers. the new energy efficient bulbs saves $150,000 per year in up in energy price increases, the Demand Charge, Energy last considerably longer. heating cost after debt service of long-term price expectancy is for Charge, Adjustment Factor The Environmental Defense $100,000 per year. In two years, and so on, but how much? A Fund rates the 23-watt version when the 10-year boiler debt is more increases. Now is the time to quick romp through all of this of this bulb as the equivalent of paid off, the savings will be set up money-saving routines.” material will produce an aver- 100 watts and will last 6,000 $250,000 per year! age charge of about 16 cents hours and save $55.18 in elec- General Electric offers its per KWH (Kilowatt hour). trical cost during its life. There “Ultra” line of ballasts to retrofit What do you get for your 16 are numerous other versions existing fluorescent fixtures for Metal Light offers GE, Syl- Editor’s Note: Herb Rose is a cents? Ten hours of 100-watt as well that can be found by energy savings with payback vania and Philips LED fixtures co-op and condo consultant. rd light bulbs, 13 and 1/3 hours “Googling” Energy Efficient time of about two years. GE which are energy efficient for He is also a member of the of 75-watt bulbs, and 16 and Light Bulbs. also has a line of energy effi- lighting large open areas. In ad- Board of Directors of the Co- two-third hours of 60-watt cient fluorescents. dition, Halogen lamps are a vi- operative and Condominium bulbs. Using new energy-effi- Only the Beginning Dali is a company that offers able alternative. Advisory Council of West- cient bulbs will increase your That’s really only the tip of the controls to cut costs in areas Current cost savings are chester and the Mid-Hudson lighting about 400 percent for iceberg. Ed Yaker, the progres- that are monitored to lower light- based on present rates. Al- Region (CCAC). To reach the the same 16 cents. Instead of sive board president of Amal- ing when there is no occupancy. though there is a temporary let- CCAC, call (914) 273-0730. 10 hours of 100-watt bulb light, gamated Housing in the Bronx, Full lighting is automatically up in energy price increases, Rose can be reached at the replacement equivalent 23- undertook a refitting eight years turned on when someone is the long-term price expectancy [email protected]. watt bulb will give 43 hours of ago, of all the fluorescent fix- present. Think garbage rooms, is for more increases. Now is Another Issue, Another Series of Important Reports for Industry Members

THE HANLEY Spitzer and the state’s legisla- • An interesting report by Herb ment Owners Advisory Coun- tive leaders of what involved Rose in Co-op and Condo cil (AOAC) and the Advisory REPORT parties termed as “a landmark Corner. The article—entitled Council of Managing Agents By Jeff Hanley agreement to reform the “Lights, Lights, Lights, How to (ACMA). The reports provide state’s workers’ compensa- Save Money on Your Energy an update on issues affecting IMPACT Editor/ tion system.” Costs”—is “must reading” for both realty industry groups. Associate Director, • Another feature from The co-op and condo boards, Once again, another edition Building and Realty Institute (BRI) Business Council on the state property owners and manag- filled with valuable reading for senate passing a major busi- ers. building, realty and construc- ARMONK – Most property and co-op and condo boards ness tax relief package. Ac- • Two Page One stories on the tion industry members. Enjoy managers and owners stress should conduct when faced cording to the report, busi- strategies of two key BRI affili- the issue – and the upcoming that the consistent monitoring with mold issues. The article ness leaders say the legisla- ate organizations, the Apart- spring! of conditions in their respective was written by Finger and Fin- tion will reduce state-imposed facilities and the immediate re- ger, A Professional Corpora- business costs by $1.3 billion sponse to potential problems tion, chief counsel to the Build- a year (when it is fully imple- related to those scenarios is an ing and Realty Institute (BRI). mented). absolute must. The story is one of another • A Development Case Study The topic of this month’s series of reports that building, on Ginsburg Development “Counsel’s Corner” describes realty and construction indus- Corporation’s (GDC’s) “The just such a situation. try members should read. The Fairways at Wallkill,” a new re- BUILDING & The report— “Immediate Ac- others include: sort-lifestyle neighborhood in tion Is a Must When Address- • A special report from The Orange County. Project offi- ing Issues Related to Mold”— Business Council of New York cials note that the develop- REALTY NEWS covers the prompt responses State on the recent an- ment offers a unique ameni- Publisher: ALBERT ANNUNZIATA property owners, managers nouncement from Gov. ties package. Executive Editor: JEFFREY R. HANLEY Editorial Assistants: DEBORA DUCKSWORTH, JANE GILL Engineering Expo Set for Mar. 25 Art Director: BART D’ANDREA Advertising Consultant: HARRIET K. LERNER Photographic Consultant: BARBARA HANSEN VALHALLA–The Lower Hud- sentatives of the some of the sion requirements and finan- Contributors: CARL FINGER, DAN FINGER, KEN FINGER, ALEX son Valley Engineering Expo nation’s leading learning insti- cial aid information, program ROBERTS, HERB ROSE has been scheduled for Mar. tutions, program officials said. officials said. Production: MEADOW ART & DESIGN, FAIR LAWN, N.J. 25, 11 a.m to 4 p.m. at West- A goal of the program is to “in- “Engineering expo is an ex- chester Community College in spire young science and math cellent opportunity to discover Valhalla, event officials re- students to pursue a career in and visit displays and interac- Published By The Builders Institute/Building and Realty Institute. Subscription, $20 Per Year, Included In Membership Dues. cently announced. engineering,” officials added. tive exhibits focusing on higher C2007, By The Builders Institute/Building and Realty Institute. The regional chapters of the Participating students and learning opportunities in engi- All Rights Reserved. No Part Of This Publication May Be Reproduced In Any Form Or By Any Means Without The Written Permission From The Publisher. National Society of Profes- their parents can learn about neering to meet the challenges Entered As Periodical Matter At sional Engineers and the career opportunities in engi- of today and the future,” an Post Office, White Plains, NY 10610 American Society of Civil Engi- neering, from building and event official said. USPS 259-900 IMPACT (USPS 259-900) Is Published Monthly For $20 Per Year By The Builders Institute/Building neers have developed the bridge design, to nanotech- For further information, call and Realty Institute, 80 Business Park Drive, Suite 309, Armonk, NY, 10504. event as a means to allow inter- nology and biochemistry. Par- (845) 634-5307. Periodicals Postage Pending At Armonk, NY. POSTMASTER: Send Address Changes To IMPACT, 80 Business Park Drive, ested students in the Lower ticipating institutions will outline Suite 309, Armonk, NY 10504. Hudson Valley to meet repre- curriculum offerings, admis- PAGE 3 - IMPACT - FEB/MAR 2007

Spitzer, Legislative Leaders Announce Workers’ Comp Reforms

Continued from page 1

proving medical care in comp premium rate reductions that cases and cutting its cost, and show up in the rate-setting reforming the Second Injury cycle that concludes in July Fund. 2007, according to the Spitzer administration’s press release Specifics on the agreement. The reform package, which “As the reforms phase in, re- the state Legislature was ex- ductions in premiums and as- pected to vote on during the sessments related to the Sec- week of March 5, would: ond Injury Fund are expected •Limit the number of years dur- to climb well into the double ing which benefits would be digits, providing significant re- available in permanent partial lief to New York’s business disability cases, which now community, particularly small account for a high percentage employers for whom such of costs in New York’s comp costs have been a major im- system. Current law allows for pediment,” the release said. lifetime payment of cash ben- The Governor has also di- efits in all such cases; the rected the state’s superinten- agreement would cap ben- dent of insurance to pursue “Innovative Ways to Build and Finance Affordable Housing” was the topic of the Feb. 8 General Mem- efits at eight years or less for other key reforms administra- bership Meeting of the Building and Realty Institute (BRI). Pictured at the meeting are, from left to right, more than 90 percent of Eric Lashins, BRI board member; Tom McGrath (speaker), Community Preservation Corporation tively, including the design of (CPC); Sadie McKeown (speaker), Community Preservation Corporation (CPC); Ken Nilsen, president, cases. The average PPD an expedited hearing process, BRI; and Chuck Pateman, BRI board member. More than 75 building, realty and construction indus- claimant would get 344 weeks implementation of factual try members attended the meeting at the Crowne Plaza Hotel in White Plains. of benefits upon classification. medical guidelines to deter-

The Governor has also directed the state’s superintendent of insurance to pursue other key reforms administratively, includ- ing the design of an expedited hearing process, implementation of factual medi- Photos by Barbara Hansen cal guidelines to determine accurately the degree of disability in comp cases, the design of new treatment guidelines, and new training for administrative law judges who hear workers’ comp cases. •Increase the maximum mine accurately the degree of weekly benefit for injured disability in comp cases, the workers from $400 to $600 design of new treatment guide- over three years. In the fourth lines, and new training for ad- year, the maximum weekly ministrative law judges who benefit would become two- hear workers’ comp cases. thirds of the average weekly wage in New York, with the Local Reaction maximum thereafter adjusted “Based on preliminary infor- annually beginning in the fifth mation, the agreement be- tween the Spitzer administra- year. The Jan. 22 Membership Meeting of the Cooperative and Condominium Advisory Council (CCAC) ex- •Create new programs de- tion and legislative leaders amined issues affecting the selections, roles and relationships with property managers of co-ops and signed to help injured workers promises to deliver benefits to condos. Pictured at the event are, from left to right, Jeff Stillman (speaker), vice chair, Advisory Coun- get prompt medical treatment both construction employers, cil of Managing Agents (ACMA); Pat Kinsey (speaker), CCAC board member; John Bonito (speaker), and return to gainful employ- in terms of workers compensa- vice chair, ACMA; Diana Virrill (moderator), chair, CCAC; and David Amster (speaker), chair, ACMA. ment. tion cost reductions, and work- • Create strong new anti-fraud ers, in terms of increased measures. weekly benefits which will •Eliminate the Second Injury eventually be indexed to the Fund, which is blamed for sig- average wage,” said Jason nificant recent increases in Schiciano of Levitt-Fuirst Asso- surcharges that are added to ciates of Yonkers, the group all employers’ workers’ com- manager for the Building and pensation bills. Realty Institute’s (BRI’s) N.Y. At present, 44 states (plus State Workers Compensation the District of Columbia and the Groups 458 and 530. Virgin Islands) have “flexible Schiciano added that if “the maximum” benefit levels tied to implementation of the broad- the average weekly wage. reaching plan is successful, it Thirty-four of those states, should reduce the cost of doing along with the District of Co- construction business in New lumbia, put the maximum ben- York State.” efit level at 100 percent or Albert Annunziata, executive more of the average weekly director of the BRI, praised the wage. efforts of those involved in the Under the agreement, medi- agreement for “helping to re- cal services for workers whose duce the noteworthy costs that benefits in PPD cases expire employers have faced over the would continue, and a “safety years.” net” would be established for “The decrease in costs for The Advisory Council of Managing Agents (ACMA) of the Building and Realty Institute (BRI) held its cases determined to involve the building and realty industry Board of Directors’ meeting on Jan. 17 at the Crowne Plaza Hotel in White Plains. Pictured at the event extreme hardship. and the general business sec- are, from left to right, Carl Finger, counsel, BRI; Matt Persanis, labor counsel, BRI; Jeff Hanley, asso- Gov. Spitzer has directed the tor is certainly welcome,” he ciate director, BRI; David Amster, chair, ACMA; and Jeff Stillman, vice chair, ACMA. ACMA is a build- state’s superintendent of insur- said. ing and realty industry membership organization that deals with issues affecting property managers ance to ensure that the pro- —IMPACT Editor Jeff Hanley of co-ops and condos in the Westchester and Mid-Hudson Region. jected savings are reflected in contributed to this report. PAGE 4 - IMPACT - FEB/MAR 2007 Builders, Remodelers Membership in The BRI Could Be The Best Investment You Ever Made. Just ask the 1,700 Members of The Building & Realty Institute (BRI).

A Statewide Political Action The Oldest and Largest Committee Industry Force with clout Members include Homebuilders, Remodelers, Service Trades and Supporting candidates who Professionals support industry objectives

Educational Programs on Bread & “Growth” AD Campaigns Butter Topics. to Shape Public Opinion More Than 70 seminars and conferences in 2006

Litigating for Land Use Big Savings on N.Y.S. and Housing Issues Workers’ Compensation $150,000+ spent in achieving landmark legal decisions in Over $5 million in annual dividends N.Y.S. to 1,000+ members

The BRI is supported by an annual budget of $825,000. It has a professional staff of 10, including consultants and a distinguished board of directors—the BRI works for you on building and realty issues that affect your bottom line. The association has top flight consultants and legal/legislative/ engineering experts on land-use, community planning, sub-division approval, building codes, affordable housing and state regulatory agencies. Consultants are based in Albany working for positive state legislation.

Yes, I am interested in a membership investment in the BRI, a building and realty industry and professional association with over 60 years of growth, service and performance. Please send an application. Name Title Company Address City, State, Zip Building and Realty Institute (BRI)

80 Business Park Drive, Suite 309, Armonk, NY 10504 (914) 273-0730 • Fax: (914) 273-7051 Members of: Urban Land Institute, Washington, D.C • N.Y. State Business Council, Albany, N.Y. www.buildersinstitute.org PAGE 5 - IMPACT - FEB/MAR 2007 Immediate Action Is a Must When Addressing Issues Related to Mold

injury actions but also the with- lowed such recoveries in COUNSEL’S holding of rent, maintenance cases involving health hazards and/or common charges and similar to this and even in situ- abatements of those monies. ations where no medical treat- CORNER In analyzing how much ment was required. By: Kenneth J. Finger, abate a court may award in In conclusion, apartment Carl L. Finger and such cases, the Court held in owners and cooperative and Daniel S. Finger, 360 WEST 51st STREET v. condominium boards should Finger & Finger, Chief Counsel, CORNELL, N.Y.L.J. 9/6/2005, take notice of any complaints Building & Realty Institute (BRI) “If a violation of the warranty of regarding mold, mildew and re- habitability caused a tenant to lated issues expeditiously to WHITE PLAINS – Mold. one for non-payment of rent. Under this rationale, a land- This is an issue that has One would presumably still lord should not ignore claims of plagued both apartment own- be able to assert this as a de- mold, mildew and similar is- “ Apartment Owners and Cooperative ers and cooperative and con- fense (as stated for breach of sues, but rather they should be and Condominium Boards should take dominium boards alike in re- warranty of habitability) how- addressed as soon as possible notice of any complaints regarding mold, cent years. The general con- ever. Under this logic, in order to negate any claims of notice sensus is that immediate action to properly pursue such dam- and/or the health problems and mildew and related issues expeditiously is required to eliminate and/or ages, the correct forum is for other issues that arise out of to negate both potential personal injury remediate any problems of the suffering party to bring a their neglect. mold and mildew. personal injury action to at- claims, as well as potential breach of war- What action, how soon and tempt to collect such damages. The Co-op and Condo ranty of habitability claims.” the responsible party are ques- In Litwack v. Plaza Realty Scenario tions that do not necessarily Investors, Inc., 12/1/2004 It should also be noted that have clear cut answers. Simi- N.Y.L.J. 23, (col. 1), the Court for these purposes residents of vacate the premises, the court negate both potential personal larly, the actual health risks that (citing amongst other cases the cooperatives and condomini- may award a 100 percent injury claims, as well as poten- mold poses have not been Elkman case) held: ums stand in the shoes of ten- abatement for that period of tial breach of warranty of habit- clearly established. One thing The branch of the motion for ants. They may provide notice time when the tenant was out ability claims. is for certain, however, this is an summary judgment, dismissing of these issues to the manag- of possession. Mayourian v. Editor’s Note: The authors issue that cannot be ignored. the negligence claim based on a ing agents similar to how ten- Tanaka, NYLJ, April 4, 2001 at are attorneys with Finger Tenants have raised this in lack of notice, is denied. A land- ants provide notice to their 23, col. 1 (A.T. 9th and 10th and Finger, A Professional non-payment of rent cases as lord has a duty to maintain the landlords. For this reason it is Jud. Dists.), 2001 WL 766153.” Corporation. The firm is a defense for breach of the premises in a reasonably safe incumbent on the managing This emphasizes not only the based in White Plains. Ken- warranty of habitability. Its ulti- condition. See Chapman v. agent to address these issues importance of these issues but neth J. Finger is Chief Coun- mate success as a counter- Silber, 97 NY2d 9, 19 (2001). A as they arise just as the burden also that these issues must be sel to the Building and Re- claim, on the other hand, is not landlord may be liable for a “fail- falls on the landlords. Failure to viewed on a case-by-case ba- alty Institute of Westchester quite as clear. In Elkman v. ure to repair a dangerous condi- properly address such issues sis. This Court further empha- and the Mid-Hudson Region Southgate Owners Corp., 233 tion, of which it has notice, on can not only result in personal sized that the courts have al- (BRI). A.D.2d 104, 649 N.Y.S.2d 138 leased premises if the landlord st (1 Dept. 1996), the Court held assumes a duty to make repairs that where Plaintiff’s claim for and reserves the right to enter in breach of the warranty of hab- order to inspect or to make such itability, under Real Property repairs.” Id. at 19. Thus, to be Law §235-b, seeks to recover held liable, the landlord must damages for personal injuries, have actual or constructive no- such damages are not recov- tice of the condition for such a erable for such a breach. This period of time that, in the exer- Got Flat Roof Leaks? only seems to demonstrate cise of reasonable care, the that it is improper to bring such landlord should have corrected of all Flat Roofs Do Not Have to Be Re-Done! a claim as a counterclaim in a it. See Putnam v. Stout, 38 NY2d 70 Percent landlord-tenant action such as 607, 612 (1976). Add Years of Trouble-Free Service to Property Management Group Your Existing Roof at Budget Prices!! Announces Its 2007 Strategies Expert Repairs to Areas Such As:

Continued from page 1 Ponding Water • Flashing • Seams • Masonry Walls David Amster, ACMA’s chair- leased its Code of Ethics. The man. “We’ve also continued to code contains guidelines that Sheet Metal Work • Pointing • Blisters • Water Pockets examine additional methods help define and enforce “the Installation of New Roof Drains, that will help us further serve highest standards of ethical our clients. But now, we want to and professional conduct, both With Complete Drainage Lines! explore even more ways we amongst property managers can serve our clients, as well and in their relationships with Free Estimates — Fully Insured as help our members to better their clients, suppliers and ser- run their businesses.” vice firms.” Fast Service! Amster added that the “We’ve always been proud group’s Mar. 9 Board of Direc- to emphasize the code, the ef- tors’ meeting was scheduled to forts associated with it and the (845) 354-6565 address those issues. members of the association The current benefits of who strive to provide clients Servicing the Entire Tri-State Area!! membership in ACMA include: with the highest level of profes- •Meetings sional service,” Amster said. •Seminars From 1998 to 2000, ACMA, • Bulletin Services, Including in cooperation with the BRI, of- Avanti Contracting & Restoration Corp. Monthly Mailings fered a certification program for • A Monthly Newspaper its members. Spring Valley, N.Y. • An Annual Directory “Those are the types of pro- • Lobbying and Legislative Ser- grams we are once again ex- Flat Roofing Specialists for 60 Years! vices ploring,” Amster said. “Any pro- • A “Hot-Line and Referral” Sys- gram that can help our prop- tem through the BRI erty manager membership and the membership’s clients, as Background well as the realty industry, will ACMA was formed in 1986. be discussed by our group in In 1995, the organization re- the weeks ahead.” PAGE 6 - IMPACT - FEB/MAR 2007 CONGRATULATIONS COOPERATIVE & CONDOMINIUM ADVISORY COUNCIL (CCAC) ON 28thYOUR ANNIVERSARY Since 1979, the Cooperative & Condominium Advisory Council of Westchester & The Mid-Hudson Region (CCAC) has been providing important services to more than 400 co-ops and condos.

The CCAC, a non-for-profit membership association serving more than 25,000 co-op shareholders and condo unit owners, has earned statewide recognition for its noteworthy services.

Running today’s co-ops and condos is a challenging and multi-faceted job. The mission of the CCAC is to broaden and sharpen the knowledge of board members to better meet this responsibility.

With offices in Armonk and staffed by association professionals and consultants, the CCAC offers a range of membership benefits to its members. They include:

• Group Insurance • General Legal Advisory Services • Educational Forums • Professional and Technical Referrals • Meetings, Seminars & Workshops • Collective Bargaining Services • A Monthly Newspaper • Investment Advisory • Legislative Services • A Periodic Newsletter • Monthly and Periodic Bulletin Services

The CCAC is proud of its record as the voice of over 400 co-op and condo boards and the corresponding 25,000 shareholders and unit owners.

The organization has consistently stressed the concerns and represented the interests of one of the largest groups of residential taxpayers in Westchester, while providing effective management, education and communication-based services for its members. Congratulations CCAC, on a job well-done! For further information, write to the CCAC at 80 Business Park Drive,Suite 309, Armonk, NY 10504. Inquiries will also be accepted by phone at (914) 273-0730 or e-mail at [email protected]. Look For Us At BuildingandRealtyInstitute.org! PAGE 7 - IMPACT - FEB/MAR 2007 Case Study: Orange County Development Combines a Resort Lifestyle with Value

VALHALLA — The Fairways at Pricing was “definitely” a fac- something to match almost ev- The Fairways at Wallkill will Ichabod’s Landing in Sleepy Wallkill, a new resort-lifestyle tor in their decision, O’Donnell ery budget and lifestyle, project have a total of 217 homes on Hollow; Marbury Corners in neighborhood in the heart of said. “Otherwise we would spokesmen said. 64 acres just off Interstate 84 Pelham; Riverwatch at Grey- Orange County, has quickly have just stayed in the city,” People wanting the space and a short drive from the heart stone on Hudson in Yonkers; become home to dozens of she said. “We were renting in and privacy of a single family of Wallkill, which offers shops Liberty at Newtown (Conn.); residents seeking one of the the city, so the price was defi- home have many models to and services residents need. Ridgewood at Middlebury New York City area’s best nitely a big factor.” choose from, at prices starting Construction of the community (Conn.); The Greens at Gillette housing values, project officials O’Donnell has a friend who in the $500,000’s. The Fair- began during 2005 and is Ridge in Bloomfield (Conn.); recently announced. lives in Chapel Hill, a commu- ways also has luxurious two- scheduled to conclude this and Quaker Green in West With prices starting in the nity GDC completed in and three-bedroom town- year, GDC said. Hartford (Conn.). $300,000’s and an amenities Peekskill during 2005. houses starting in the In keeping with its name and GDC, established in 1964 package that includes a club- “He raved about Ginsburg $300,000’s, spokesmen location overlooking the Or- and based in Valhalla, is one of house, a state-of-the-art fit- and suggested we go to the added. ange County Golf Club, The the nation’s premier full-service ness center, a heated outdoor Web site because he was Homes at The Fairways Fairways even has a putting real estate design, develop- pool, a kiddie pool and a aware that they were building feature large eat-in kitchens green for residents to practice ment and management com- sundeck, The Fairways offers in other areas,” said O’Donnell. opening onto spacious living on, GDC added. panies. Ginsburg is the presi- buyers more for their money, “They called us and we took a rooms and dining areas with Current GDC communities dent and chief executive of- officials added. look and we liked the area, es- windows overlooking the hand- include Riverbend in Peekskill; ficer. GDC has developed “You would pay a lot more for pecially since it is very close to somely landscaped grounds Harbors at Haverstraw more than 10,000 residential one of the homes at The Fair- the train station and we com- and nearby hills, project offi- (Rockland County); Hudson units during its 40-year corpo- ways if it was located in north- mute to the city every day.” cials said. The single family Pointe in Poughkeepsie; rate history, company officials ern New Jersey or Westches- After pondering their choices homes and townhouses have said. ter County,” said Martin Gins- for a while, O’Donnell said she 9-foot ceilings throughout the burg, principal and founder of and her husband decided to first floor, and optional gas fire- Ginsburg Development Com- move to The Fairways when a places can add warmth and Cappelli Grant panies (GDC), the Valhalla- three-bedroom townhouse charm to the living rooms, offi- based company that is devel- near the clubhouse became cials added. Underwrites Book to oping the community. available for sale. “The homes at The Fairways “It was a unit literally just a are a great value, and there is Affordability minute away from the club- a floor plan that is right for ev- Benefit “Katrina Kids” Theresa O’Donnell said she house, which was very appeal- ery person or family,” said and her husband, Stephen, de- ing,” she said. “We immedi- Ginsburg. “They’re lovely, af- VALHALLA — Children and he currently appears on the cided to leave New York City ately said ‘yes’ and things have fordable homes that let you en- families affected by Hurricane HBO hit series, “The Sopra- and buy a home at The Fair- been fabulous ever since.” joy the bucolic Orange County Katrina are the beneficiaries of nos.” He has performed in nu- ways last year, partly because countryside while still being the sales of the new songbook merous award-winning films, The Fairways was more afford- Amenities within commuting distance of and CD collection, “Heavenly including Martin Scorcese’s able than similar new commu- The Fairways offers an un- White Plains and New York Skies & Lullabies.” Goodfellas and Woody Allen’s nities in Westchester and usually wide range of housing City. It’s the best of both worlds The book, created and sung Manhattan Murder Mystery. He Rockland counties. styles and price points, with – and a great bargain.” by Dr. Kathy Reilly Fallon and is also the founder of Rao’s Frank Pellegrino, contains lyr- Specialty Foods and has writ- ics and musical notations for ten two cookbooks, Rao’s State Senate Passes a Major the guitar and piano, along with Cookbook and Rao’s Cooks heart-warming illustrations. from the Neighborhood. Business Tax Relief Package Production of the book and Becky Kelly, who paints from CD, which debuted in August, a sunlit studio in Kansas sur- 2006, was made possible rounded by nature, provided il- By Claire Hazzard, through a grant from the Louis lustrations for the new The Business Council of New York State R. Cappelli Foundation. All net songbook and CD. Dave ALBANY—The State Senate Public Policy Institute’s recent businesses $20 million. proceeds from sales are do- Prescott of B12 Design in recently passed tax reform leg- report, Benchmark New York, • Expand the state’s online per- nated to World Vision, specifi- Scottsdale, Arizona donated islation championed by Senate by eliminating the income tax mit and licensing program to cally for the Hurricane Katrina the design and layout. Father Majority Leader Joseph Bruno and the corporate franchise tax cover all state agencies, de- Relief Fund, foundation offi- Gerard Critch of St. Thomas which, according to business on the state’s manufacturers. partments and authorities that cials said. More Church in Sarasota, Fla., leaders, will reduce state-im- The move would result in $550 require permits, registrations Dr. Fallon is a board-certified wrote the foreword. posed business costs by $1.3 million in savings for those and fees. The plan would also foot and ankle specialist in Since its inception in 1999, billion a year when fully imple- New York employers, business allow businesses to file any New York City. She is the co- The Louis R. Cappelli Founda- mented. studies have shown. ongoing fees, registration fil- founder and chairwoman of the tion has awarded more than The Business Council of The legislation would also: ings or assessments as part Heavenly Productions Foun- $5.8 million in grants. The N.Y. State had urged the Sen- • Reduce corporate franchise of the tax filing process. dation (HPF), whose mission is foundation’s mission is to pro- ate to pass the • Provide a to help children in distress. She vide grants in support of philan- bill in a legislative sales tax ex- sang on the CD entitled “Heav- thropic activities, with a particu- memo filed in emption for enly Lullabies,” which is dedi- lar emphasis on educational, late January. businesses lo- cated to the babies and or- arts, and health programs ad- “This package The legislation seeks to alleviate the cated in aca- phans of Sep.11. “Heavenly dressing the special needs of would provide above-average tax burden docu- demic incuba- Skies & Lullabies” is HPF’s youth, spokesmen said. New York’s busi- tor facilities. second project to help children “Heavenly Skies & Lulla- nesses with mented in the Public Policy Institute’s • Eliminate the in need. bies” is available for $25 at much-needed petroleum busi- Pellegrino is best known as www.cdbaby.com/heavenly- relief, and we’re recent report, Benchmark New York. ness tax on the proprietor of Rao’s Restau- lullabies2 or by calling CdBaby extremely glad non-residential rant in Manhattan. As an actor, directly at 1-800- BUY-MY-CD. that the Senate heating fuel, has passed the legislation,” tax rates from 7.5 to 6.85 per- saving small businesses $7 said Business Council Presi- cent, saving businesses $150 million per year. dent and Chief Executive Of- million. • Eliminate the alternative mini- ficer O. Kenneth Adams. “The • Expand incentives for tech- mum tax for farms and make Senate has shown its commit- nology companies that do re- the investment tax credit re- ment to reducing business search and development in fundable. costs and encouraging growth New York to manufacture in The bill has been sent to the and investment in the state, the state. Assembly and has been re- which is the most effective • Eliminate multiple tax calcula- ferred to the Assembly’s Ways strategy for job retention and tions for small businesses that and Means Committee. The growth.” must calculate both personal Business Council will urge the The legislation seeks to alle- and corporate franchise tax. Assembly to adopt the provi- viate the above-average tax The Senate Majority esti- sions contained in the bill, as- burden documented in the mates this would save small sociation officials said. PAGE 8 - IMPACT - FEB/MAR 2007 The Louis R. Cappelli Foundation Announces $1,183,100 in 2006 Donations

VALHALLA—Denise Grone- grams that provide innovative man, vice president of The and worthwhile health pro- Louis R. Cappelli Foundation, grams or organized sports recently announced that the or- that encourage wellness and ganization donated $1,183,100 fitness, enabling at-risk chil- in 2006 to more than 130 orga- dren to reach their fullest po- nizations. tential in life. The Foundation did not dis- • Arts Education – The Foun- close which charitable organi- dation will support arts educa- zations received the funding. tion programs that provide ac- Groneman also announced cess to the visual and per- the Foundation’s 2007 funding forming arts for at-risk chil- initiative. New grant proposals dren through a wide array of for 2007 will be accepted be- arts and related organiza- tween April 2, 2007 and July 5, tions. 2007, she said. Grant applications are ac- Since its inception in 1999, cepted only once during the The Louis R. Cappelli Founda- calendar year 2007. tion has awarded more than All applicants are required to $5.8 million in grants, spokes- submit the same grant applica- men said. tion form. The Grant Applica- The Foundation’s mission is tion and Guidelines will be to provide grants in support of available after March 30, 2007 philanthropic activities, with a from the Cappelli Web site at particular emphasis on educa- www.cappelli-inc.com and link- tional, arts and health pro- ing to The Louis R. Cappelli grams addressing the special Foundation. needs of youth in the areas of All applications must be Westchester and Sullivan postmarked or delivered no counties and Fairfield County later than July 5, 2007. If hand (Conn). delivered, the application must All fully certified 501(c)(3) be received no later than 5 non-profit organizations are in- p.m. on July 5, 2007. Applica- vited to submit a grant applica- tions may not be submitted by tion for 2007 funding, providing fax or e-mail. Early submis- they meet the following criteria, sions are encouraged. Com- spokesmen said: pleted grant applications must • Education – The Foundation meet the aforementioned crite- will look for education pro- ria. Incomplete grant applica- grams that encourage col- tions forms will not be consid- laboration among agencies, ered, spokesmen said. educational facilities, child- The Louis R. Cappelli Foun- care centers, school districts dation is a not-for-profit chari- and parents to address inno- table organization located in vative education programs Valhalla. Louis R. Cappelli is that encourage and foster the the president of the Founda- learning process for at-risk tion. He is also president of children. Cappelli Enterprises Inc., a • Health and Fitness – The Valhalla-based development Managing Agents, Co-op and Condo Boards, Foundation will support pro- company. Owners and Managers of Apartment Buildings & Houlihan Parnes/iCap Commercial Properties— Reports Connecticut When Preparing For Your Next Exterior or Interior Painting Job, Remember the Following Regarding Transaction

WESTPORT, Conn.— James sented by Lisa Gioffre of The Painting & Decorating Contractors Coleman of Houlihan Parnes/ Gioffre and Gioffre of Pur- iCap Realty Advisors, LLC has chase, officials added. of Westchester Inc. (PDCW): arranged a second private mort- Houlihan-Parnes/iCap Re- gage loan of $500,000 in con- alty Advisors is a nationally af- • PDCW members are the largest, most respected and skilled painting junction with the purchase and filiated, multi-faceted real es- contractors in our region. They offer extremely competitive pricing. PDCW renovation of a single family tate investment company contractors carry all required insurance; residence at 53 Bonnie Brook headquartered in White Plains. • PDCW members offer you a trained and reliable workforce. Workers are Road in Westport, company of- Its companies and affiliates are skilled in safety. They maintain a professional appearance (in uniforms) and ficials recently announced. engaged in the acquisition and carry ID badges with pictures at all times. Your tenants will always know The house will undergo a ownership of all types of com- who the workers are. Workers also maintain a professional attitude. They large expansion and renova- mercial real estate investment are trained at a state-of-the-art center and are familiar with all industry tion which will result in a 5,000 property in the continental U.S. requirements; square foot residence with five The firm’s various companies bedrooms and 3.5 baths. The and affiliates specialize in com- • Utilizing PDCW member eliminates the liability that exists when you employ loan was made for a one-year mercial mortgage finance, in- direct hires; term and enables the devel- vestment sales, property man- • Your worries concerning inexperienced and unskilled contractors producing oper to enhance the features of agement, leasing and mort- a sub-standard job will be over after choosing a PDCW member. All who the house, project officials gage servicing, company offi- work and live in your buildings or complexes are no longer at risk. said. The lender was repre- cials said. The PDCW, the local affiliate of the Association of Master Painters and Decorators of New York, wants to work more closely with you. PDCW members offer the best options for your buildings and complexes. Go with the best in terms of pricing, experience and safety! For further information, call the PDCW, care of the Building & Realty Institute, at (914) 273-0730. Subscribe To IMPACT PAGE 9 - IMPACT - FEB/MAR 2007 The 400th Anniversary of the Hudson River’s Discovery Should Be Used To Boost Tourism, Industry Leader Says

VALHALLA – A leading build- its rediscovery as a significant public interest in ferries beyond York, Ginsburg noted, dating ing back to the Hudson River in ing and realty industry member public transportation lane as it commuter hours. Regular back to when Robert Fulton time for the Quadricentennial. has issued a call to local gov- once was during the steamboat weekend summer service established the world’s first Imagine seeing our historic ernment officials. era. My fear is that we may let would be very popular connect- commercial steamship service river towns becoming ports of Martin Ginsburg, principal of this once-in-a-lifetime opportu- ing communities such as along the Hudson in 1807. Mil- call again!” Ginsburg Development Com- nity pass us by with just a tall Irvington and Piermont or lions of people a year used to Ginsburg concluded by cit- panies (GDC) and a longtime ship parade and fireworks dis- Tarrytown and Nyack. Imagine take trips from New York City to proponent of Hudson Valley plays. We need to think much how the quality of life would im- Albany before the advent of the As part of the economic development, re- bigger than that and build a prove if life near the river be- automobile led to the demise of celebration, cently issued a call for govern- lasting legacy of new piers that came life on the river. Unfortu- riverboat travel in the middle of ment officials to use the 400th will support river commerce for nately, of those four communi- the 20th century, he noted. Ginsburg is urging anniversary of Henry Hudson’s decades to come,” he said. ties, only Tarrytown has a suit- But interest in sightseeing officials to build historic journey down the Hud- To build support for his plan, able pier and it is in need of a along the river still exists, Gins- more piers along the son River to raise the region’s Ginsburg has written a white major renovation and up- burg said. Circle Line cruises profile and significantly en- paper, has submitted Op-Eds grade,” said Ginsburg. around Manhattan are still river to serve ferry hance its tourism industry. to major daily newspapers in According to Ginsburg, the popular, he noted, but he be- boats and cruise As part of the celebration, New York and has been meet- opportunity for an expansion of lieves that visitors are missing Ginsburg is urging officials to ing with state-level officials and the tourism economy extends out on an opportunity to cruise ships—a legacy that Hudson River advo- beyond local residents and up the river and visit world- would benefit cates since last year. day-trippers. Citing a recent re- class tourist attractions such generations to come. According to Ginsburg, the “As we work to re- port from Mayor Michael as Kykuit, John D. Rocke- opportunity for an expansion develop our Hudson Bloomberg that New York City feller’s mansion, the U.S. Mili- ing a recent report by the New River waterfronts our experienced 44 million tourists tary Academy at West Point York State Association of Con- of the tourism economy vision needs to extend in 2006, Ginsburg believes that and Frederick Vanderbilt’s es- vention and Visitor Bureaus extends beyond local beyond the shoreline. river cruise ships would just tate and the Franklin Delano that in 2006 the Hudson River We need to create need to attract a small fraction Roosevelt Presidential Library Valley experienced tourism residents and day-trippers. economic activity in of New York City visitors to be and Home Site in Hyde Park. revenue of $5.6 billion dollars. the river itself with ex- successful and have a signifi- “Studies have shown that “What is astounding is that build more piers along the river panded ferry service and the cant economic stimulus in the cruises along the Hudson we are generating $5.6 billion to serve ferry boats and cruise introduction of water taxis, din- region. River could be popular and in tourism revenue in the ships – a legacy that would ner boats, visiting historic ves- “Vacations to other world- profitable, but investors have Hudson River Valley without benefit generations to come. sels and cruise ships,” said class cities include cruises on been hesitant to be the first to the Hudson River itself playing “The Hudson Quadricen- Ginsburg, who was instrumen- rivers such as the Rhine or the make that commitment,” said much of a contributing role. tennial in 2009 is an opportunity tal in launching the successful Danube. Why not the Hud- Ginsburg. “I think the govern- With a major public initiative to to seize national and interna- cross-river commuter ferry that son?” asked Ginsburg. Water- ment should provide financing activate the river we should tional attention and create runs from his Harbors at borne tourism and travel actu- or other support that would see that number grow signifi- awareness that will attract visi- Haverstraw development to ally have a long history in New make it possible to bring cruis- cantly,” he said. tors for decades to come,” said Ossining’s Metro-North Train Ginsburg, whose Valhalla- Station. based company is one of the “For this vision to be real- state’s largest home builders. ized we need to recognize that “The Quadricentennial is a tre- piers are the basic public infra- mendous opportunity to redis- structure of the river’s post-in- cover the beauty of the river, the dustrial future.” historic sites and the lovely old Ginsburg is the originator towns lining its shores. However, and principal sponsor of Ferry- for the Hudson Valley to become go-Round, which each sum- a premier tourist destination mer since 2004 has sponsored there must be more piers along several weekends of ferry ser- the river for visitors to stop and vice linking various Westches- explore our attractions.” ter and Rockland communities Ginsburg believes the most hosting waterfront events. On significant lasting impact of the a weekend last September, Hudson Quadricentennial more than 10,000 rides were should be a major public initia- taken connecting Haverstraw, tive to create more piers along Peekskill, Ossining, and the Hudson River. Tarrytown. “The celebration of the “Ferry-go-Round has dem- river’s discovery should mark onstrated that there is great Atkinson Joins the Bedford Office of Prudential Holmes & Kennedy BEDFORD — Prudential the Westchester County Board Holmes & Kennedy recently of Realtors (WCBR). announced that Claudia Founded in 1968 by Bill Atkinson has joined the Holmes, Prudential Holmes company’s new Bedford office and Kennedy has enjoyed con- as a licensed sales associate. tinued growth and success by A Westchester resident for respecting its mission state- 26 years, Atkinson brings with ment of “building lifetime rela- her more than 16 successful tionships, one house at a time,” years in sales and marketing company officials said. as a licensed real estate bro- An affiliate of Prudential Real ker, the company said. Estate since 2004, Prudential A Bedford resident, Atkinson Holmes & Kennedy remains in- is actively involved in the local dependently-owned and oper- community. She is an elected ated. The company has six of- member of the Saint Patrick’s fices in Armonk, Bedford, Church Parish Council and a Chappaqua, Katonah, Plea- volunteer at the Community santville and Somers, as well Center of Northern Westchest- as a global relocation depart- er in Katonah. Atkinson is a ment and an in-house finan- member of the National Asso- cial/mortgage service with ciation of Realtors (NAR) and Communitywide Mortgage. PAGE 10 - IMPACT - FEB/MAR 2007

NAI Friedland Realty Announces 31,000 Sq. Ft. Lease In Mount Kisco

MOUNT KISCO—NAI Fried- rectors in Friedland’s Office Di- have greater involvement in to NWCA and found tenants for Long Island, Connecticut and land Realty Inc. recently closed vision, who served as exclu- the communities of Northern the remaining space. New Jersey. on a long-term lease for 31,000 sive leasing agents for the Westchester and feels very for- As a final effort to help save Headquartered in West- square feet at 272 North Bed- landlord. The building is fully tunate to have found such ideal NWCA, Friedland offered to chester County, Friedland also ford Road in Mount Kisco, leased, spokesmen said. space for our office and pro- match NWCA’s fundraising ef- maintains a satellite office in company officials said. “With Richmond’s relocation grams,” said Edward Spauster, forts if NWCA reached a goal of Manhattan. Brokers in Fried- The space formerly housed and consolidation, 272 North president/chief executive of- $200,000 raised. The goal was land’s four divisions – Office, the Northern Westchester Cen- Bedford Road now is 100 per- ficer of the Richmond Group. not met, NWCA closed, and Retail, Industrial and Residen- ter for the Arts (NWCA). It has cent occupied,” said Benedek. Friedland Realty has been Friedland Realty located a new tial/Development – understand been taken over by the Rich- “Carl and I were able to fill integrally involved with the 272 tenant, company officials said. their markets and are sup- mond Group, a non-profit orga- the space within two months of North Bedford Road building for The Richmond Group is ported by a sophisticated com- nization that provides a variety receiving the assignment. many years, since managing its planning a grand opening and puter database of available of programs and services to We knew that Richmond had sale to NWCA in the early ribbon- cutting for this spring. properties and potential ten- people with developmental dis- a number of divisions and ser- 1990’s, the company said. NAI Friedland Realty, ants, company officials said. abilities and complex medical vice locations to move to a cen- When NWCA encountered its founded in 1970, is a full-ser- Friedland is a member of NAI, health care needs. tral location, and the Mount first round of financial chal- vice commercial real estate the only managed network of The transactions were Kisco property best met its lenges, Friedland Realty owner firm in metropolitan New York, commercial real estate firms in handled by Ellen Benedek and needs.” Robert Friedland purchased the including Westchester, the five the world. Carl Silbergleit, executive di- “Richmond is very excited to building, leased a portion back boroughs of New York City, Goldschmidt & Associates Appointed Exclusive Agent for Local Entities

SCARSDALE—Eric S. Gold- square foot retail and 7,000 • 24 Harwood Court, Scars- tinued its rapid growth in 2006 in major transactions pending.” schmidt, senior partner at square foot office for lease; dale, 2,000 square feet; the Westchester County region. The firm, officials added, Scarsdale-based Goldschmidt • 3655 Crompond Road (Rt. • 2350 Central Avenue, Yon- Spokesmen said that 2006 was specializes in the sale and & Associates, recently an- 202), Yorktown, 10,000 square kers, 9,500 square feet which the company’s “best year in its leasing of retail, office, medical, nounced that his company has feet on one acre; can be divided, company offi- 15-year history, and that 2007 and industrial properties in the been named exclusive agents • 3605 Crompond Road, (Rt cials said; looks very promising, with some New York metro area. for the following properties: 202) Yorktown, 4,400 square • Hilllcrest Shopping Center, • 188 & 200 Summerfield feet; Spring Valley, 1,000 to 15,000 Street, Scarsdale, two 7,500 • 2 Madison Avenue, Larch- square feet; square foot office buildings; mont, 1,500 – 15,000 square Goldschmidt & Associates • 331 Central Park Avenue, feet of office space; has also been appointed as Frank and Bonnie Haymson Scarsdale, 7,000 – 25,000 • 115 Hoyt Street, Mama- the tenant’s representative in square feet of retail; roneck, 13,000 square feet of Westchester County for CVS, Join Prudential Holmes and • 210 & 212 Washington Street office/industrial; Citibank, My Gym, Floris Day and 209 Franklin Avenue, • 730 Main Street (Route 1), Spa, Cohen’s Optical, Moe’s Kennedy Mount Vernon; New Rochelle, land; Southwest Grill, Rizzuto’s BEDFORD—Prudential She was a buyer and manager • 174 South Highland Avenue, • 90 Garth Road, Scarsdale, Wood Fired Kitchen and Stark Holmes & Kennedy recently for sports apparel and equip- Ossining, a 3,100 square foot, 9,400 square feet retail; Business Solutions, company announced that the husband ment at the Saw Mill Club in free-standing building; • Route 1, Milford, Conn., an officials said. and wife team of Frank and Mount Kisco, among other • 469 West Putnam Avenue, 80,000 square foot new retail Company officials added that Bonnie Haymson of Bedford sports facilities. A graduate of Greenwich, Conn., a 10,000 development; Goldschmidt & Associates con- has joined its new Bedford of- the Fashion Institute of Tech- fice as a licensed associate nology in New York, she began broker and sales associate. her career as a fashion director The couple has been mar- for D. H. Holmes, a major New ried for 38 years, and brings Orleans department store with them a combined 36 years chain. In addition to covering of real estate experience. Hav- fashion events in New York ing lived in the area for more and Europe, she also ap- than 35 years, they have two peared on several weekly tele- married children and two vision shows, reporting on the grandchildren living in Chappa- latest fashion trends. qua and Mount Kisco. She is a member of the Na- Prior to joining Prudential tional Association of Realtors Holmes & Kennedy, Haymson (NAR), New York State Asso- worked locally with Renwick & ciation of Realtors (NYSAR) Winterling Realty, as well as and the Westchester County Vincent & Whittemore Real Es- Board of Realtors (WCBR). In tate. He has been a consistent addition, she is a member of Diamond and Platinum award the United States Tennis Asso- Winner for residential sales and ciation and competes regularly has been the Number One Re- in women’s events. altor in the county. He also Founded in 1968 by Bill brings a wealth of corporate ex- Holmes, Prudential Holmes perience, having held senior and Kennedy has enjoyed con- management positions with tinued growth and success by Columbia Presbyterian Medi- respecting its mission state- cal Center and the Hotel Corpo- ment of “building lifetime rela- ration of America at The Plaza tionships, one house at a time,” Hotel in New York, and Le company officials said. An affili- Pavillion Hotel in New Orleans. ate of Prudential Real Estate Haymson holds a Master’s since 2004, Prudential Holmes Degree in Public Health from & Kennedy remains indepen- Columbia University, and a dently owned and operated. B.A. from Fairleigh Dickinson The firm offers six full-service University. He has served in offices in Armonk, Bedford, the U.S. Army and has com- Chappaqua, Katonah, Pleas- peted in the United States Ten- antville, and Somers, as well as nis Association Nationals. a global relocation department Bonnie Haymson offers and an in-house financial/mort- more than 11 years in the real gage service with Commu- estate industry, and a 25-year nitywide Mortgage. career in fashion and retailing. PAGE 11 - IMPACT - FEB/MAR 2007

Canero Earns Appointment ALBERT VALUATION GROUP at Prudential Rand NEW CITY — Prudential Rand is pleased to offer its services to Realty recently announced that Patricia Canero has been named manager of the firm’s members of the Builders Institute New Windsor office. Canero has almost 40 years and other prospective clients of experience in the real estate industry. She also has a strong background in new construc- tion, as well as an extensive knowledge of the Hudson Val- Real Estate Appraisals ley marketplaces, company of- ficials said. Prior to her role as manager Patricia Canero and of the New Windsor office, Canero served as manager of success of our firm. We believe Prudential Rand’s Yorktown of- Patricia is an excellent leader, Property Tax Appeals fice. and will keep our New Windsor As manager of the New office moving along a success- Windsor facility, Canero will di- ful path.” rect the day-to-day operations Canero resides in Cold We celebrated our of the office. She will lead the Spring. She is a Licensed As- staff and 45 licensed Realtors sociate Broker, a graduate of 55th Anniversary in 2005, who are based at the branch. the Realtor Institute and a Cer- Additionally, Canero will recruit tified Residential Specialist, what can we do for you this year? and train sales associates and company officials said. teach them how to achieve Prudential Rand Realty is the their goals and increase pro- largest real estate brokerage in ductivity. the Greater Hudson Valley. The 100 White Plains Road, Tarrytown, NY 10591 “Patricia’s extensive industry company has 21 offices in knowledge and market exper- Westchester, Rockland, Or- [We’re also in NYC at 330 West 38th Street] tise are great assets to the ange and Sullivan counties. company as we continue to Based on market share, Rand build on our No. 1 market is the top real estate company share in Orange County,” said in Rockland and Orange coun- 914-332-0777 212-490-1188 Matt Rand, managing partner ties, as well as the third and of Prudential Rand. “Placing fastest-growing firm in West- dedicated individuals in our chester. The company has branch manager positions has more than 700 sales associ- been one of the keys to the ates, spokesmen said. Sampson Joins Simone Development as Associate Counsel

NEW ROCHELLE – Simone Development Companies re- cently announced the appoint- ment of Brian T. Samson as as- sociate counsel. Sampson brings more than six years of real estate legal experience to the company. His most recent position was real estate associate for White & Case LLP, the global law firm based in Manhattan. From 2001 to 2005, he served as real estate associate for Duval & Stachenfeld LLP, a law firm also headquartered in Brian T. Samson Manhattan. Sampson attended Franklin sition and development of of- & Marshall College in Lancas- fice, retail, industrial and resi- ter, Penn., where he obtained a dential properties in the tri- Bachelor of Arts Degree. He state area. The privately held earned his law degree (J.D.) company owns and manages from Brooklyn Law School, an extensive range of commer- where he graduated cum cial projects, from multi-build- laude. ing office parks to retail and in- Sampson and his wife, dustrial space in Westchester Jillian Straus—an author and County, Queens, the Bronx, television producer—live in Long Island and Connecticut. Manhattan. The company’s portfolio of Headquartered in New Ro- more than 90 real estate prop- chelle, Simone Development erties totals approximately 4 Companies is a full-service million square feet of develop- real estate investment com- ment space, spokesmen said. pany specializing in the acqui-

80 Business Park Drive, Suite 309, Armonk, N.Y. 10504. (914) 273-0730 www.BuildersInstitute.org PAGE 12 - IMPACT - FEB/MAR 2007 Property Managers, Co-op, Condo, Apartment House and Office Building Owners, Building Construction Contractors and Subcontractors COMPARE PERFORMANCE Save %% Up to Below55 55Manual Rates For Workers’ Comp The Building and Realty Institute’s NYS Safety Groups #530 and #458 Offer Stability, Consistently High Dividends and Large Reserves Since 1951. Over 1,400 Members. Levitt-Fuirst Assocs., Ltd., Group Managers. For more information, call: (914) 376-2500.