Dear BOMA New York Members,

I hope everyone had a great Thanksgiving! We're extremely thankful to have such a supportive and dedicated group of members and leaders driving BOMA New York to a successful future!

Speaking of leaders, we had the pleasure of introducing our new board and leadership for this coming year at our Annual Conference and Leadership Breakfast. I am confident that they will raise the bar and advance BOMA New York to the next level.

In keeping the holiday spirit alive, I hope to see you all at the Holiday Luncheon where we welcome industry leaders, members and guests to celebrate the end of an accomplished year! Furthermore, I am excited to see that BOMA New York is working to end this year on a high note by developing our very first BOMA New York mobile app. Keep an eye out for more details!

We're also looking forward to our upcoming 2018 Annual Pinnacle Awards Ceremony--New York City's biggest night of the year for the real estate industry! To learn more on how you can become a sponsor of this unforgettable night, scroll down to the upcoming events section of this newsletter! It's that easy.

Before the Pinnacle Awards, I hope to see you all at our Annual Holiday Luncheon which is next Friday, Dec. 8!

Sincerely,

James R. Kleeman, RPA

President of BOMA/NY

Welcome to the "Get to Know Your Board" section of the monthly newsletter. Each month, we interview and feature a different board member to help you get to know them better. Last month, we interviewed Michael Spagnola from L&L Holdings. This month, we sat down with Tom Krol, BOMA New York Allied Membership Board of Director and Vice President of Business Development at Donnelly Mechanical. Let's read what Tom had to share.

Outgoing BOMA NY President James R. Kleeman announced the 2018-2020 BOMA New York Board of Directors at the Annual Conference and Leadership Breakfast. Incoming President Ronald S. Zeccardi of The Moinian Group will be supported by Vice President-Elect Hani J. Salama of Capital Properties, Inc., Treasurer-Elect Matthew J. Duthie of Jones Lang LaSalle Americas, Inc. and Secretary-Elect Cynthia M. Boyea of Paramount Group, Inc.

The new board includes:

·         Mark S. Landstrom, Tishman Speyer Properties

·         Kevin T. Lillis, ABS Partners Real Estate, LLC

·         Rosemarie Subasic, Hines as agent for Morgan Stanley

·         Michael F. Sullivan, Edward J. Minskoff Equities

·         Deborah Tomasi, Boston Properties, Inc. 

As the Council moves toward the close of its 4-year term, it is pushing many bills that have stalled in the past or are difficult to pass for various reasons. One such bill, Int. No. 1620-A ("A" here means it is an amended version of the original), is an energy efficiency bill that calls for codes that require significantly more efficient buildings in the near future. Due to our advocacy work and that of others allied with us, this bill has lost most of its most problematic aspects, including its call for passive house energy efficiency standards by 2025. Nonetheless, we and our allies still have concerns and are now in the process of pressing the Council for additional changes, including a trip down to 250 Broadway, where Ron Zeccardi, Ernest Conrad, LEED AP, CEM, BEAP, BOMA Fellow, Laura Belt Ponomarev, RPA, FMA, and I met with the bill's sponsor. Otherwise, we will submit comments to Council staff calling for change. The Council strongly wants to pass the legislation in one of the two stated Council Meetings in December.

A second energy bill I’ve discussed here, Int. NO. 1745, which would regulate fossil fuel use and total building energy use in existing buildings, has been put off to next term. It is sponsored by the same Councilmember, Costa Constantinides, as the above bill, so we also expressed our concerns about this bill in the above-mentioned meeting. Come next year, we will be keeping our eye on this effort and work with allies to shape the best legislation possible.

Earlier this week, the U.S. House and Senate released their comprehensive tax reform packages that include major implications for the commercial real estate industry and provisions supported by BOMA International. Both bills differ in including 1031 like-kind exchanges and the Historic Preservation Tax Credit, but will need to come together by addressing those differences or conferencing their bills.

Don't forget to mark your calendars for BOMA International's 2018 Winter Business Meeting & National Issues Conference, taking place Jan. 28-31, 2018 in Washington, D.C. The conference is a wonderful opportunity to network, advocate and learn how to shape the future of BOMA and the commercial real estate industry.

Back in Manhattan, we are pleased to announce that the nearly 100-year old Federal Reserve Bank of New York has renewed their BOMA 360 designation!

This year we hosted the Annual Conference and Leadership Breakfast where BOMA New York members and several Business Improvement District (BID) leaders from midtown and downtown Manhattan got a chance to network and discuss how they can potentially work together. The event was accompanied by the announcement of our new Officers and Board of Directors!

We held our first Tech Bytes Series on Nov. 10, 2017 where Yaron Zussman, CEO of FST Biometrics America, shared his unique In Motion Identification (MID) Access system. Additionally, there was a live demonstration of Facial Recognition from FST Biometrics in which the system utilized facial recognition and behavioral analytics to identify authorized individuals, while preventing access of unauthorized visitors.

BOMA New York would like to extend a huge thank you to Hershel Weiss and his team from Ashokan Water Services for their educational and entertaining presentation as well as our members that attended this month's Lunch and Learn on Thursday, Nove. 16. After an eye-opening education about NYC's water sources, past and future issues, and how tenants and residents may be affected in the future, Hershel noted the different ways water management is different from energy management, including bureaucratic differences. He also discussed the upcoming New York drought of 2021 and gave steps to reduce water costs as well as meter and submeter savings and exemptions. It was a presentation not to be missed, as it was both informative and amusing.

Location: Grand Hyatt New York

Time: 11:30 a.m. – 2 p.m.

At our upcoming Holiday Luncheon, we will welcome industry leaders, association members and guests to a celebratory event filled with networking and surprise entertainment. During the celebration, we will also honor the 2017 winner of the Civic Betterment Award, scholarship recipients and swear in our new BOMA New York Officers and Directors. Click HERE to register.

Location: One Penn Plaza, 22nd Floor, Suite 2205, New York, NY 10119

Time: 9 a.m. – 5 p.m.

Join us at the first Accelerated Review Class of 2018, Real Estate Investment and Finance with instructor James Durrah. This BOMI International course is required for both the RPA and FMA designation programs. Click HERE to register and please email the completed form to education@bomany.com.

Location: One Penn Plaza, 22nd Floor, Suite 2205, New York, NY 10119

Time: 6 p.m. – 8 p.m.

Join us at the first 10-Week Class of 2018, Environmental Health & Safety Issues with instructor Adrian Hester. This BOMI International course is required for both the RPA and FMA designation programs. Click HERE to register and please email the completed form to education@bomany.com.

Location: Chelsea Piers

Time: 5:30 p.m. – 10 p.m.

Please join BOMA New York at the 2018 Pinnacle Awards Ceremony as we honor New York City's top owners and management firms. Make sure you reserve your seat or table today to be among the first to learn who takes home the most prestigious award in commercial real estate. We are also accepting advertisement submissions for the guide book and sponsorships for the event. Click HERE to register.

Please join us in welcoming our new members to the BOMA New York community.

If you have a candidate for membership, please contact Ami Shah, our Director of Membership and Special Events at membership@bomany.com. And visit us at bomany.org for information on the difference a BOMA New York membership makes.

This past May, BOMA New York launched a new mentorship program aimed at connecting association members who may be newer to the property management industry with seasoned professionals. The hope is that these mentor/mentee relationships will support our Emerging Leader members, increase job retention in the industry, provide a sound board and opportunity for advice, and promote individual learning and growth. One of our paired mentor/mentees, Christa Hinckley and Erin Leahy, were excited to share how the program was working for them.

BOMA New York had the pleasure to sit down with Yaron Zussman, CEO of FST Biometrics for a special interview on his unique In Motion Identification (IMID) Technology. In the interview, Yaron Zussman explained how this special software is utilized to identify individuals based on who they are versus the credentials they carry. What makes this technology stand out is that this facial recognition program uses software instead of hardware, making it easier and more efficient to integrate with a building's existing access control program.

Check out the video!

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