Vol. 8, No. 8OCTOBER 2002PAGE TWO

PLANNING A MOVE

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reduce duplication; arrange for off-site storage where feasible. Get rid of debris hiding in closets and storage rooms. Arrange for sale or donation of unwanted furniture and equipment. When in doubt, throw it out.
PREPARE A DETAILED INVENTORY A comprehensive detailed inventory is your best tool for controlling costs. Preparing a detailed and accurate list of all items of furniture and equipment to be moved is essential. Identify areas that require special handling, such as file rooms, conference rooms and libraries and items such as valuable artwork or sensitive equipment. This information will ensure that you are comparing bids developed from identical information and will avoid unpleasant surprises in terms of unanticipated costs at the end of the move.
SCREEN PROSPECTIVE MOVERS Reputation, resources, availability and performance on similar moves should all be researched. A visit to a mover’s facility can also be illuminating. When a mover is selected, make sure there is a detailed move and budget plan that coordinates with your understanding of what will happen, and when.
RESERVE ELEVATORS & LOADING DOCKS Make sure that you have scheduled the use of elevators and loading docks with the building, for both departure and arrival. For large moves, make sure move-in is coordinated with completion of new space and installation of new furnishings and equipment to avoid overtime or return visits.
Anthony Parziale is Vice President of Sales at Advance Commercial Movers and can be reached at 800-448-4807 ext 249

Commercial Real
Estate Course Offered

“Commercial Basics and Beyond! Learning how to do it!”

A two day course sponsored by the New York State Commercial Association of REALTORS®, Inc. and the Long Island Board of REALTORS®, Inc. will be taught by CIBS member Ed Smith Jr. at the Long Island Board of REALTORS® in West Babylon on Oct 24th & 25th, 2002.
The course provides a general overview of the commercial and investment real estate business. including learning to use the HP 10BII calculator to perform many of the functions that are used daily in commercial real estate. Analyzing property operating data and the formulas and calculations used in investment real estate transactions are also covered. The course outline is as follows:
• Commercial & Investment Real Estate
• Basic Financial Calculator Operations
• The Value of Money
• Estimating and Forecasting Net
• Operating Income
• Real Estate Cash Flow Model
• Mortgage Calculations
• Calculating the Rate of Return
• Office Building Case Study
• Services and Property Types
The instructor, Edward S. Smith, Jr. RECS has 25 years experience in Commercial and Investment Real Estate Brokerage. He is an ITI (Instructors Training Institute) graduate and teaches for NYSCAR, LIBOR and LI University. Mr. Smith is Past President of NYSCAR, a former officer of the Commercial Industrial Brokers Society (CIBS) and currently serves as Vice-President of the Long Island Commercial Network. He has been honored as Commercial REALTOR® of the Year by both NYSCAR and LIBOR.
For more information or a registration form call Ed Smith Jr. at 631-499-8161

Lawrence Feldman

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He is recognized as one of the prominent commercial real estate lawyers on Long Island and has represented some of the largest and most active real estate owners, developers and tenants throughout the Tri-State Area, including: Blumenfeld Development Group; MSC Industrial Direct Co. (NYSE: MSM); Reckson Associates (NYSE: RA); Tritec Real Estate Company, Inc. and Walmart Stores, Inc. Mr. Feldman is counsel to the Commercial Industrial Brokers Society (“CIBS”), which has approximately 200 members and is one of the largest commercial brokerage organizations on Long Island.
Charles M. Strain, managing partner of Farrell Fritz said, “We are delighted to have Larry Feldman join the firm as a partner. His position as one of Long Island’s prominent real estate and zoning lawyers as well as his diversified practice are a natural fit for a firm of our size. He also rounds out our the firm’s existing real estate practice group as well as the firm’s growth and expansion plan, which includes an increased presence in Suffolk County and on the East End.” Farrell Fritz has recently expanded its office space in Bridgehampton.
Mr. Feldman received a B.A. degree from Drew University and a Juris Doctor from Jacob D. Fuchsberg Law Center at Touro College, where he served on the Law Review.
Farrell Fritz is one of the region’s largest full service law firms, and has earned a strong reputation in the Long Island business community by providing expertise in several areas of practice. Highly respected for its experience in many areas of law, Farrell Fritz handles legal matters in the areas of banking, commercial litigation, corporate, creditor’s rights and bankruptcy, employment, environmental, franchise and distribution, health care, municipal, land use and zoning, real estate, tax, tax certiorari, and trust and estates matters for a variety of corporations, institutions and individuals. Charles M. Strain is managing partner.
Mr. Feldman’s new phone is (516) 227-0708

Click For Larger Photo
Real Estate
Practitioner’s
Institute Luncheon
Bernadette Castro, Commissioner of the New York State Office of Parks, Recreation and Historic Preservation addressed assembled members and guests of the Real Estate Practitioner’s Institute at a luncheon held on Thursday, September 26, 2002. Commissioner Castro’s talk, entitled “Effects of the U.S. Open on Long Island’s Economy” was of significant interest to the almost 250 attendees.
Pictured above are Kathy Giamo, Director of Marketing & Sales of Reckson Associates and President of the Real Estate Institute Practitioner’s Institute, Bernadette Castro and William T. Yorio, Vice President of Corporate National Realty, Inc., a Director of the Real Estate Institute and a past President of CIBS.
Mr. Yorio introduced Ms. Castro praising her hard work and persistence and enthusiasm in the realization of the dream of Long Island’s Bethpage Golf Course hosting the first United States Professional Golf Association Open.