News: Brokerage

Guarino of ERG sworn in as president of BMAR

According to ERG Property Advisors, Richard Guarino, a partner at the brokerage company, has been sworn in as president of the Bronx-Manhattan North Association of Realtors (BMAR). Officially representing the real estate industry since 1924, BMAR is the local chapter for the New York State and National Association of Realtors. The organization strives to sponsor meaningful programs and services which enhance members' ability to conduct their business in a competent and ethical manner, to promote cooperation and networking among its members, and to promote the public's right to use and transfer real estate property. As BMAR president, Guarino, who has conducted hundreds of real estate transactions over the course of his career, will work strategically with the board of directors, staff, and members of BMAR to raise awareness of the organization and support and further its mission. "It is a tremendous honor to begin my term as president of the BMAR. As the association's 56th president, I am amazed at the legacy of dedicated professionals who have led our organization through nearly a century of incredible changes and challenges," said Guarino. "I look forward to continue to make progress with BMAR towards advocating for reasonable regulations to improve our industry and economy." As head of BMAR, Guarino will continue his record as an advocate for community and volunteer work. He is a long-term volunteer at the Fathers Heart Ministries in Manhattan, and he and his wife Jennifer give their time to the local animal shelter near their home in Port Washington. "We give a voice to the voiceless," said Guarino, who has dedicated innumerable hours to the humane treatment of abused animals. Much like his volunteer work, he has also excelled in the private sector. Since starting his real estate career in 1999, he has been involved in hundreds of real estate transactions in the Tri-State area. Notable transactions include such trophy properties as the United Charities Building in Manhattan's Gramercy Park, The Circle in the Square Theater in Greenwich Village, as well as the Korean Village Shopping Mall in Flushing, Queens. Before Guarino began his successful real estate career, he established an exceptional knowledge of the streets of the Bronx, Brooklyn, and Manhattan at his first job installing and maintaining over 120 pay phones for RJM Communications. This knowledge has paid off not just for Guarino, but for his clients, business partners and investors as well. "Working with Richard in the Bronx I have witnessed first-hand his breadth of knowledge for Bronx real estate as well as his in-depth understanding of the communities within the borough," said Mark Engel, owner and manager of Langsam Property Services, a major Bronx-based developer. "This local market knowledge allows investors to make informed choices when investing and doing business in these communities." As BMAR president, he aims to utilize his deep understanding of the borough and apply it to further promoting economic development for the communities of the Bronx and Northern Manhattan. ERG Property Advisors is a full-service commercial real estate brokerage company based in New York City. Its core activities are investment sales and strategic consulting. While focused on the broader New York City area as a company, ERG also offers specific market knowledge at the submarket level. Beyond core New York City properties, ERG has access to a vast network of NNN properties throughout the United States. In addition to assisting property owners and prospective buyers, ERG provides banks, appraisers, attorneys, and accountants with information and skill sets that support them in their respective roles. The Bronx-Manhattan North Association Of Realtors® (BMAR) http://www.bmar.org is a professional trade association officially representing the real estate industry since 1924 and is the local chapter for the New York State and National Association of Realtors®. A wide range of Programs, Services and Networking Opportunities are sponsored for the benefit of members. BMAR strives to sponsor meaningful programs and services which enhance the member's ability to conduct their business in a competent and ethical manner, to promote cooperation and networking among its members, and to promote the public's right to use and transfer real estate property. For more information on BMAR, BMAR president Richard Guarino or ERG Property Advisors please visit www.ergpa.com.
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