ABO Developments - Summer 2011 - (Page 5)

executive director’s letter s I am writing this in June, the State Legislature is debating extending rent regulations and 421A tax benefits, and the Rent Guidelines Board is holding hearings on rent increases for the fall. What’s a quarterly author to do? Well, first I should remind you that you would have known what happened before anyone else if you had checked the news blog at ABOGNY.com, and/or followed @abogny at twitter or checked the ABOGNY Facebook page or LinkedIn group. Business and news move fast, and even a monthly newsletter wouldn’t give you an edge in your business today, so ABO is jumping into electronic media with both feet. Send us your email address if you are not getting weekly e-news blasts. One thing a quarterly is good for is helping you catch up on something you missed or need to know more about. If you weren’t at our June luncheon with HPD Commissioner Matthew Wambua, you can read all about it in this issue of Developments. Another important topic is ABO member George McDonald’s Doe Fund. George’s homeless outreach program has gone from street cleaning to building supportive housing to “workers housing” development. With development generally crushed by the economy, George keeps adding units, and other ABO members are helping. See how. We also have an update on the Registered in Apartment Management program. ABO’s sister organization, National Associated Builders and Owners, was created to run the program A nationwide, and we’ve hired a dedicated membership coordinator. Separately, classes are being scheduled and the National Board of Governors is being reorganized under the chairmanship of our own Greg Carlson. I want to thank Greg for his lifetime dedication to management training and certification. If it weren’t for members like this, no industry association could accomplish anything. In closing, I’d like to go back to political news for a moment. Without knowing the fi nal results, I can tell you that building owners, developers and managers were not happy with what the DAN MARGULI ES legislature fi nally did, whatever it was. As usual, the fi nal deal was a compromise involving unrelated issues ranging from a statewide property tax cap to gay y marriage to redistricting. Common g. sense or basic economics had ics nothing to do with it. In the n Business an fi nal days of June, Governor nor d news mov e Cuomo threatened indusfast and ev en a month try negotiators with ly newsletter turning control of rent wouldn’t g ive you regulations over to the an edge in your busin City Council if they ess today, so A didn’t accept changes. BO is jump ing Apparently, even the into electro nic media w governor knows the ith bot h fe et . S only thing worse for end us you r email address if y business than the New ou are not g York State government etting weekly e-ne is the New York City y ws blasts. government. That’s why it is so important rtant to be involved and keep informed, formed, and why ABO is here for you. ou. Sincerely, Dan Margulies Summer 2011 | 5 http://www.ABOGNY.com

Table of Contents for the Digital Edition of ABO Developments - Summer 2011

A Letter from the Executive Director
Commissioner Wambua at ABO Luncheon
The Doe Fund – Building Affordable Housing in New York City
Builders Roundtable – Commissioning New Development
Revitalized RAM Program Gets New Membership Coordinator
Index of Advertisers/Advertisers Dot Com

ABO Developments - Summer 2011