News:
Owners Developers & Managers
Posted: January 5, 2021
BOMA New York – 2021 with an optimistic lens - by Hani Salama
PE, LEED-AP,
Chair and CEO of BOMA New York.
Happy New Year! As we enter 2021 and I look back at the previous year, my heart fills with gratitude, pride, and hope. Despite the year afflicted by a pandemic, rallies and social unrest, the commercial real estate industry carried New York City on its shoulders. From ownership to management to countless service companies—we collectively rose to every occasion. As chair and chief executive officer of BOMA New York, I was fortunate to have a front row seat to witness multiple strategy sessions with partner organizations, as well as be a part of the advisory process with many city agencies.
To quickly review, it was not long after another attendance record breaking Pinnacle Awards Gala that our world changed. The leadership and staff at BOMA New York collaborated to do what is best for the commercial built environment and continued to add value throughout the year. Despite the limitations, BOMA New York double downed on our commitment to our members and transitioned to 100% virtual programming. The change in scope proved positive for all.
The signature monthly Lunch & Learns went from a consistent 40 in-person event to over 100 online registrants per month. We programmed many webinars that attracted high level thought leaders, as well as continued our award-winning educational program with BOMI and exclusive Green & Wellness presentations.
The steadfast value did not go unnoticed, as BOMA New York was featured by the media including Bloomberg, ConnectMedia CRE, Commercial Observer, Engineering News-Record, and Real Estate Weekly. In fact, the New York Real Estate Journal featured BOMA NY as the “CRE Association of the Month” in December recognizing us for leading and advocating on behalf of the collective commercial real estate industry.
After a challenging 2020, I look forward to 2021 as a beacon of hope and positivity. I am confident in our ability to continue to add value every day. Most important, thank you to the many commercial owners and managers for your ongoing dedication to ensure New York City remains the greatest city in the world. It is you and the many BOMA New York members that nurture professional excellence and are an integral part of our continued success.
I wish everyone an incredibly happy and successful 2021. Let’s do it together!
Hani Salama, PE, LEED-AP, is the chair and CEO of BOMA New York.
MORE FROM Owners Developers & Managers
Business environmental risks: What property owners should know - by Kevin Taylor and Jason Cooper
Due diligence is an important part of any commercial real estate transaction, helping minimize potential environmental liabilities for buyers, sellers, lenders, and other stakeholders. Many property
Columns and Thought Leadership
Hunt Commercial Real Estate Question and Answer: Evaluating the buyer - by David Hunt
The Purchaser: This is usually a subjective decision. As an example, a large public company may be a desirable purchaser because it is financially strong, but
Follow the upside: How NYC investors are rethinking real estate - by Thomas Donovan
In my earlier years of brokerage, my team had our investor list divided into five brackets – multifamily, retail, office, industrial and development. For the most part, multifamily investors only wanted to see multifamily
Hunt Commercial Real Estate Q&A: Location, location, location? - by David Hunt
In working with our clients, we break down our search objectives into two categories. The first category involves the specific needs of your business such as warehouse height, amount of office space and number of loading
IREON Insights: Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin
If you are a company that either claimed or qualify for the research and development tax credit you need to be aware of the following update resulting from the One Big Beautiful Bill Act (OBBBA).