News: Owners Developers & Managers

Greater New York IREM’s upcoming events and courses

Shown (from left) are: IREM industry partner and event sponsor Paul Mitchell, The Screening Pros; Joe Scholes, CPM, Akam Associates; Terry Ann Havel, CPM,  First Sterling;  Gail Duke, CPM, New York Life; Paul Gottsegen, CPM, Halstead Properties; Michael Martino, CPM, MJM Associates; and Nicholas Stolatis, CPM, TIAA-Cref. Photo credit: Van Stolatis. Shown (from left) are: IREM industry partner and event sponsor Paul Mitchell, The Screening Pros; Joe Scholes, CPM, Akam Associates; Terry Ann Havel, CPM,  First Sterling;  Gail Duke, CPM, New York Life; Paul Gottsegen, CPM, Halstead Properties; Michael Martino, CPM, MJM Associates; and Nicholas Stolatis, CPM, TIAA-Cref. Photo credit: Van Stolatis.

New York, NY Former (and current) IREM chapter presidents were honored at the organization’s September monthly luncheon.

The chapter hold will the following upcoming events:

• Breakfast Panel Discussion: “Is Your Insurance Driving You Bananas?” Panelists include: Roger Kluge, SVP, DeWitt Stern, representing insurance brokers; Kevin Davis, president of Kevin Davis Insurance Services, D&Amp;O and crime insurance issues; Richard Starkie, SVP, claims & legal department Clermont Specialty, claims filing procedure; and Elizabeth Heck, president & CEO, Greater NY Mutual Insurance Co., representing the insurance companies’ point of view. The event will be moderated by: Alan Rappaport, client development, DeWitt Stern. The breakfast will be held on October 28th at The Union League Club, 38 East 37th St. (between Park and Madison Aves.) from 8:30 – 10:30 a.m. The price for all attendees is $60. It includes a continental breakfast. The event is sponsored by Rosenwach Tank. Jacket  is required.

• Managing Residential Properties: November 10, 11, 16 & 17 from 8 a.m. - 5 p.m. at Knickerbocker Plaza - Lobby Level, 1751 Second Ave. (between 91st and 92nd Sts.) The tuition is $615  for members and $770 for non-members. Immerse yourself in this comprehensive course covering residential site management from A to Z.

What you will learn:

1. Human resource and relationship management: Management styles, intergenerational dynamics, employee motivation, recruiting and hiring, employment laws, communication, performance evaluations, fostering productive relationships with owners.

2. Property financial management: Accounting, budgeting, measuring cash flow, operating expenses, financial reports, capital expenses.

3. Maintenance and risk management: Creating a maintenance and risk management plan, types of maintenance, property inspections, risk management, emergency and disaster planning, insurance, inventory and suppliers, working with contractors, maintenance systems, conservation and recycling, environmental issues.

4. Marketing and leasing: Demographics, target markets, comparison grid analysis, marketing strategies and social media, leasing tactics, affordable housing wait list procedures, Fair Housing and Americans with Disabilities Act (ADA) compliance, landlord-tenant laws, lease-term provisions, resident retention strategies.

How you will benefit: Improve your property’s bottom line and receive recognition from your employer’s clients; increase productivity and collaboration among your site management staff; and secure a reputation as a manager who knows what it takes to achieve the owners’ objectives.

• Ethics for the Real Estate Manager: November 9th from 8 a.m.- 3 p.m.  at Knickerbocker Plaza - Lobby Level, 1751 Second Ave. (between 91st and 92nd Sts.) Tuition is $185 for members and $230 for non-members. Addressing ethical dilemmas commonly faced by today’s real estate managers, this media-based course teaches strategies for resolving ethical dilemmas and adherence to the IREM Code of Professional Ethics, culminating in an exam to earn IREM credentialing credit.

What you will learn:

1. IREM Code of Professional Ethics: Applications to real world situations, ethical duties to clients, tenants/residents, employers, and colleagues.

2. Ethical decision making: Ethical vs. unethical business practices, tactics for resolving ethical dilemmas, scenarios with ethical implications.

3. Conflict of interest: Fiduciary relationships, conflict of interest scenarios

4. Detailed case study: Enforcement of the IREM Code of Professional Ethics, the role of the IREM ethics committee, review of actual ethics cases and their implications.

How you will benefit:

Conduct business using the highest standards of integrity and professionalism

Resolve conflicts efficiently and ethically

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