13th Annual NYS Commercial Real Estate Conference: A success

By John Lavelle I hope everyone is enjoying the summer. Annual Conference The 13th Annual NYS Commercial Real Estate Conference (June2-4) was a huge success! 190 participants enjoyed great networking and outstanding commercial education. The annual conference held at the Turning Stone Resort & Conference Center, was sponsored by the New York State Commercial Association of Realtors, CCIM, SIOR and the Society of Exchange Counselors. Brian DiNardo (Rochester) served as chairman of the event. This year's marketing session was a terrific event and the commercial education classes were well received by the participants. We thank the attendees for their support of the event! Please be sure to mark your calendar for the 14th Annual NYS Commercial Real Estate Conference, June 8-10, 2015, Turning Stone Resort & Casino, Verona, N.Y. We are very appreciative of our sponsors who were instrumental in assisting us to produce this premier event. Many thanks to this year's sponsors: Diamond: Cushman & Wakefield/Pyramid Brokerage Company; Platinum: NYSCAR WNY Chapter; CBRE Upstate; Bond, Schoeneck & King Attorneys; Gold: CoStar Group; New York Real Estate Journal; SIOR; Jason D. Roberts Insurance; Silver: Beardsley Design Associates; Buckingham Properties; CIREB; C2G Environmental Consultants, Inc.; Dutchess Co. Economic Development; Empower Federal Credit Union; Four Springs Ten31 Xchange; Exchange Authority; Hudson Valley Economic Development Corp.; LaBella Associates; JP Morgan Chase Bank; Key Bank; Monroe Capital, Inc.; Next Generation TS; NYBDC; NYSAR; Orange County Partnership; Power Management Co.; TD Bank; The City of Newburgh; The Chazen Companies and TWC Business Class. Financial Analysis and Lease Terms Negotiations On September 23, NYSCAR, in cooperation with the Greater Capital Chapter of NYSCAR, CIREB, and Upstate CCIM, will sponsor "Financial Analysis and Lease Terms Negotiations," instructed by Joseph Larkin, CCIM, SIOR. The course will be held at the Greater Capital Assoc. of Realtors' office on New Karner Rd. in Colonie, N.Y. This one-day course will cover the calculation of "cost of occupancy" to the tenant as well as economic measurements for the tenant to make an informed decision. The economic impact of individual lease terms will also be explored as well as their impact to the overall business strategy of your client. Topics include: Aligning the goals and objectives of the client to its lease; GAAP and its impact to lease negotiations; cost of occupancy verse the impact to the financial statements; determining a discount rate for your client; apply different cost measurements; lease terms negotiations and their impact to the cost of occupancy; silent lease terms that may affect the client's business strategy; applying business strategies to non-economic terms and developing a checklist for lease terms negotiations Go to: www.nyscar.org for a full brochure. John Lavelle is the president of NYSCAR and is an associate broker, commercial at RJ Smith Realty, Pine Bush, N.Y.