Dear BOMA New York Members,
At the conclusion of Q1, there is a new sense of growing optimism. The industry’s focus on IAQ continues to prove positive. New office test fits are being reimagined; and innovation further propels energy conservation and the compliance of the related local laws. Building owners and managers are at the forefront of these conversations.
BOMA New York continues to be at the table, partnering with multiple city agencies. In the beginning of the year, I met with the FDNY Commissioner, resulting in a rare virtual presentation to fully comprehend and streamline the FDNY fire alarm plan-review, inspection, and approval process by Rocco Bonavita, the FDNY Director of the Fire Alarm Inspection Unit. BOMA NY and other real estate organizations collaborated and wrote a letter to the Mayor and City Council for additional funds to the FDNY fire alarm inspection unit. This turned out to be very effective and the FDNY has received positive news from City Hall that funding is on its way and additional inspectors can be hired.
In March, the BOMA New York Codes & Regulations Committee hosted Melanie La Rocca, the DOB Commissioner, for a comprehensive update. Later that same month, I enjoyed a Members Only live stream conversation with mayoral Democratic candidate Kathryn Garcia. Please see a full write up of the many topics discussed later in this issue of BOMA FACTS.
We have two golf outings scheduled this year. The first is planned for May 17th at Edgewood Country Club and limited to 144 golfers. Lastly, I am excited to let you know that the 50th Annual Pinnacle Awards is scheduled at Pier 60 for September 30th.
2021 is off to a great start. Momentum is building, membership is strong, and every committee is active. The Board of Directors recognize the importance of investing in the next generation of building owners and managers. As such, I am delighted to announce that one professional – from owner/manager companies with an existing Principal Membership with BOMA New York – will receive a free Emerging Leader membership for one year. Emerging Leaders membership is open to individuals who are 35 and under and/or have 5 years or less experience in the industry. This is just one example of how BOMA New York continues to add value to its members and the CRE industry.
Congratulations are in order to the winners of the regional MAC TOBY Awards. 120 Broadway, (The Equitable Building), owned and managed by Silverstein Properties, won the prestigious Historical Award. 485 Lexington Avenue (owned and managed by SL Green Realty) was bestowed the Earth Award and Grand TOBY Award.
I look forward to sharing continued success with each of you.
Hani J. Salama, PE, LEED-AP
Chair & Chief Executive Officer
BOMA New York
We sat down with BOMA New York Board Member – Igwe Harvey, CPM, RPA, FMA, SMA, SMT, LEED AP O+M & MBA – Property Manager at CRG Management and Real Estate Course Instructor at BOMI.
BOMA New York is responsible for being a leading voice on behalf of the CRE industry, and a committed resource to the media. Since the last issue of BOMA FACTS, please see the following news stories that featured BOMA New York, its leadership and membership.
NYREJ – April 6, 2021
BOMA NEW YORK: FDNY & CRE WORKING TOGETHER
BOMA New York hosted a presentation with the NYC Fire Department (FDNY) to embrace the commercial real estate industry of building owners and managers to fully comprehend and streamline the FDNY fire alarm plan-review, inspection, and approval process.
The virtual presentation was moderated by former BOMA New York president Angelo Grima of Safe Harbour Real Estate Group, alongside Desmond Burke of Firequench Inc. Together, they introduced the keynote speaker–Rocco Bonavita, FDNY director of the Fire Alarm Inspection Unit, for an in depth presentation that communicated the Bureau of Fire Prevention directives, along with a detailed review of Remote Video Inspections (RVI). READ FULL ARTICLE HERE
Real Estate Weekly – April 12, 2021
BOMA Members Meet Mayoral Candidates
ConnectCRE – March 9, 2021
Keeping Your Energy Grade Up: Part Two: Coordination, Compliance & Capital Planning
PR Newswire – March 8, 2021
BOMA NY Announces Christopher Cayten to Chair Energy and Sustainability Committee
ConnectCRE – March 5, 2021
Keeping Your Energy Grade Up, Part One: What Happened in 2020 & Prepping for 2021
NYREJ – March 2, 2021
BOMA New York Hosts First Lunch ‘N Learn of 2021
NYREJ – January 5, 2021
BOMA New York – 2021 with an Optimistic Lens
On March 30th, BOMA New York hosted its first 2021 “Meet the Candidate” webinar with Kathryn Garcia, Democratic candidate for Mayor of New York City.
Of late we’ve wandered a little outside of our usual stomping grounds—the City Council, City agencies, and the Mayor’s Office—to work with allies to try to get some potential relief from LL 97, the City’s strict building emissions reduction law, up in Albany. The objective was to get language placed in the State’s budget bill that would over-ride a part of LL 97 to allow for Tier 2 Renewable Energy Credits (RECs) to be purchased by buildings to meet emissions reduction requirements coming up in 2024 and 2030. LL 97 allows for the use of different RECs, which do not currently exist, to comply with the law, so we saw this as a mild change that created a much-needed alternative compliance pathway for certain buildings that were energy efficient but produce higher emissions due to density or high-energy tenants or other such reasons.
We worked with allies to come up with strategies and messaging, wrote letters to relevant elected officials, and spoke with legislative staff. Unfortunately, in spite of the effort, we could not get the language included, as it was opposed by a range of environmental consultants and other organizations, who, in this case, prevailed.
But it’s important for you to know that we are and will continue to fight for reasonable and fair approaches to making LL 97 less draconian and more realistic, while still meeting vital environmental objectives. This fight is far from over, with, among other things, the working groups set up by the law tasked with a number of critical determinations that will directly affect how the law impacts our buildings. We will be here fighting for BOMA New York members throughout this process, and we will keep you updated on our progress.
With a focus on BOMA New York members, we continue to issue Member Profiles – an ideal medium that highlights up to ten Allied and Professional member companies at a time, via a brief company description, together with relevant contact information. Please see the most recent issues.
March 23, 2021
If your company is interested in being featured, send the company profile with contact information, along with your company logo to Ami Shah at email@example.com. The profile must be 15 sentences or less.
Congratulations to the winners of the regional MAC TOBY Winners.
120 Broadway, AKA the Equitable Building, owned and managed by Silverstein Properties.
Earth Award and Grand TOBY Award
485 Lexington Avenue, owned and managed by SL Green Realty.
The esteemed Regional TOBY winners will be honored immediately following the regional board meeting; from 4:00pm - 4:30pm. See it live HERE.
We wish the respective teams at 120 Broadway and 485 Lexington continued success as they proceed to the BOMA International TOBY Awards, scheduled for July 21st in Boston.
Showcase your brand to BOMA New York members and the commercial real estate industry leaders with our member engagement opportunities and grow your business in 2021! CLICK HERE.
One of the most valuable and exciting aspects of your BOMA New York membership is the opportunity to affect change via one of our numerous committees. Collaborate with top industry executives and lead by example. Jump start your career and JOIN A COMMITTEE TODAY.
BOMA New York is investing in our future by offering one young professional from existing BOMA NY owner/manager member firm to join as an Emerging Leader for one year, free of charge.
Emerging Leader Members have the opportunity to enhance their career and add value to their company via their active participation with BOMA New York. They will have access to curated events for Emerging Leaders, as well as the ability to register for building tours, webinars, educational programs and networking events throughout the year.
Emerging Leaders membership is open to individuals who are 35 and under and/or have 5 years or less experience in the industry. Please contact Ami Shah at firstname.lastname@example.org for further information.
The BOMA New York mentorship program is aimed at connecting its Emerging Leader members who may be newer to the commercial property management industry with seasoned, well-experienced professionals. The hope is that these mentor/mentee relationships will give support to younger professionals, increase job retention in the industry, provide a sounding board and opportunity for advice, and promote individual learning and growth.
BOMA New York will match a mentor and suitable mentee based on objectives, skill sets and interests outlined in each application. Mentors and mentees are encouraged to develop real, lasting professional relationships. You can find more information about the MENTORSHIP PROGRAM HERE.
The 50th Pinnacle Awards has been rescheduled for September 30th. Save the date and keep a look out for more information.
APRIL LUNCH & LEARN:
Everything (We Think) You Need to Know About
Your Vertical Transportation System DOB Code Requirements
Presented by DTM Consulting Group & Lerch Bates
April 15th at 12:00 PM
MAY LUNCH & LEARN:
What You Need to Know & Why You Should Care
Presented by iES MACH and RXR Realty
April 13th at 12:00 PM
Edgewood Country Club
May 17, 2021
A Few Sponsorships Still Available
REGISTER - SOLD OUT
Please join us in welcoming our new BOMA New York members.
If you are a BOMA New York Member and have moved to a new location or changed employers, please contact Ami Shah email@example.com to update your Membership Record.
If you have a candidate for membership, please contact Ami Shah, our Director of Membership and Special Events at firstname.lastname@example.org. And visit us at bomany.org for information on the difference a BOMA New York membership makes.
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