Chapter 73 Archive of 2004-2005 Events
Current events are on the Calendar of Events. Past events for 2002-2004 are on the 2002-4 Calendar Archive.
2005-2006 When and Where.
Chapter meetings are typically held on the third Tuesday of the month at Pal's Cabin at 265 Prospect Avenue , West Orange, NJ 07052-4205 . Conveniently located in the heart of Northern New Jersey, the restaurant is at the corner of Eagle Rock Avenue. The telephone number is 973-731-4000.
(Click on View Map to open a new window containing a customizable map centered on Pal's Cabin. Use it for driving directions. Click on the image of Pal's Cabin at left to visit their website.)
Chapter 73, serving the bustling Northern New Jersey corridor is one of the most active in the nation! Check in often to catch up on our full calendar of educational, recreational, and social events. Here you'll find the latest news about seminars, meetings, lectures, speeches, parties, functions, and more. If it's happening at 73, you'll get the scoop on it here!
For additional information or to submit a news item for consideration, please contact the Chapter President, Kal Barrow, ASA by , or by calling 908-822-8620.
For National and Regional ASA News, visit the News and Events page of the national organization website.
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Past Events: (For reference only.)
December Meeting: Holiday Dinner and Auction.
The December chapter meeting will be held on Tuesday, December 20, 2005 at at Pal's Cabin in West Orange, NJ. The Board Meeting is scheduled for 6:00 p.m. Dinner is at 6:30 p.m. Chapter Candidate Jane M. St. Lifer of St. Lifer Art, Inc. in Manhattan will host the Holiday Auction. Bring a friend, a colleague, or family, and bring a gift (gourmet basket, wine, perfume, golf or tennis item, bric-a-brac, collectibles, etc.) or your corporate gift for the Auction. Dinner is $25. One staff member can join the fun for half price! Please RSVP Chapter President Kal Barrow, ASA by phone (201-866-8101), fax (908-822-8621) or , and mail him your check payable to "ASA Northern New Jersey Chapter 73" before the meeting.
November Meeting: Real Property.
The November chapter meeting will be held on Thursday, November 17, 2005 at Pal's Cabin in West Orange, NJ. The Board Meeting is scheduled for 6:00 p.m. Dinner is at 6:30 p.m. The guest speaker is Joseph P. Novelli, ASA, owner the Midtown Contracting Corp., who will talk about Appraising Historical and Specialized Buildings. Mr. Novelli, who is certified as a General Real Estate Appraiser in both NY and NJ, is an ASA certified Machinery & Technical Specialties appraiser, specializing in cost surveys, who frequently serves as an expert witness. With a Fortune 500 roster of clients, he is kept busy performing cost segregation studies of major special purpose facilities. Mr. Novelli will talk about the cost approach and the quantification of physical depreciation in appraising historical and specialized buildings. Dinner is $25. Bring one staff member for half price! Please RSVP Chapter President Kal Barrow, ASA by phone (201-866-8101), fax (908-822-8621) or , and mail him your check payable to "ASA Northern New Jersey Chapter 73" before the meeting.
October Meeting: Machinery & Equipment.
The October chapter meeting will be held on Thursday, October 20, 2005 at Pal's Cabin in West Orange, NJ. The Board Meeting is scheduled for 6:00 p.m. Dinner is at 6:30 p.m. The guest speaker is Chapter 73 Candidate, Kim Kruegel, who will discuss The Role of Appraisals in Equipment Leasing and Asset Management. Ms. Kruegel is the Senior Managing Director of Interim Management Solutions, LLC in Oradell, NJ. Her company performs equipment appraisals, remarketing, repossessions, industry studies, and determines residual values for lending companies. Dinner is $25. Bring one staff member for half price! Please RSVP Chapter President Kal Barrow, ASA by phone (201-866-8101), fax (908-822-8621) or , and mail him your check payable to "ASA Northern New Jersey Chapter 73" before the meeting.
ASA International Conference
The 2005 International Appraisal Conference will be held in Austin, Texas on August 7-10, 2005. Don't miss this opportunity to meet with appraisers from around the world in the State Capital of Texas, home to the The University of Texas at Austin, and self-proclaimed "live music capital of the world". Conference information is maintained on the national ASA website.
ASA New York Chapter 30 Presents:
Current Topics in Business Valuations -- 2005. Scott Nammacher, ASA, CFA, a Managing Director of Empire Valuation Consultants, and Past President of Chapter 30, will chair the thirteenth annual chapter seminar on Current Topics in Business Valuations. The seminar is scheduled for Friday, May 6, 2005 from 8:30 a.m to 5:15 p.m at its new location in the Metropolitan Hotel at 569 Lexington Avenue at 51st St in Manhattan.
Call the hotel at 212-752-7000 for accomodations. Direct inquiries about the meeting to Scott by telephone (212-714-0122), fax (212-714-0124) or . Registration fee for the seminar, with checks payable to "NYC Chapter of ASA," is $230 per person before May 2nd, $260 afterward. No refunds after May 3rd. RSVP: Ms. Annie Bell, Empire Valuation Consultants, Inc., 350 5th Ave Ste 5513, New York, NY 10118. Telephone (212-714-0122); Fax (212-714-0124).
The seminar, which qualifies for 8 hours ASA and CPE credit, covers the how-to aspects of unusual engagements and advanced aspects of evolving areas within the field. It's ideal for business appraisers and others at all levels. The impressive line-up of speakers, panelists and topics promises a lively and informative day.
Gary Brewster, Senior VP, Houlihan, Lokey, Howard & Zukin, New York, NY will lead the 8:45 a.m. session on Valuing Early Stage Life Science Companies.
John E. (Jack) Kane, ASA, CFA, CBA and Frederick M. Bliss, ASA, CMI, PE, Principals, Kane Reece Associates, Inc., Westfield, NJ, will focus at 9:45 a.m. on Valuing Franchise & Broadcast Licenses Under the New Non-Residual Method.
Dimitri B. Drone, Director, PricewaterhouseCoopers, New York, NY and Thomas P. Lee, Senior Manager, Deloitte & Touche, LLP, New York, NY, will lead an 11:00 a.m. panel discussion on Current Issues in SAS 73 and 101 Reviews.
At 1:15 p.m., Joan A. Lipton, CPA/ABV, Ph.D., Managing Director, Lazar Lipton Valuation Services, LLC, New York, NY and John R. Johnson, CPA, CBA, Senior Partner, BST Valuation & Litigation Advisors, LLC, Albany, NY, will talk about Experts in the Role of Neutrals: Do's and Don'ts of Shareholder and Divorce Litigation.
The 2:30 p.m. session will discuss SEC Perspective on Valuations in the Financial Reporting Arena.
At 3:45 p.m., Ashok Abbott, Ph.D., Assoc. Professor, West Virginia University, Morgantown, WV and Daniel R. Van Vleet, ASA, CBA, Director, Willamette Management Associates, Chicago, IL will discuss Quantifying Marketability Discounts: New Research and Its Practical Application.
Complete seminar details and a printable registration form are available in PDF format. (106 KB)
April Regional Meeting -- Cradle of Aviation Museum.
Hosted by Long Island Chapter 72, the fourth Annual Region 15 Meeting -- the first with a family activities theme -- will take place on Saturday, April 16, 2005 from 11:00 a.m. to 3:00 p.m. at the Cradle of Aviation Museum on Charles Lindbergh Blvd, Garden City, NY 11530 (Telephone: 516-572-4111). This will be a great outing for colleagues and families alike.
11:00 a.m. Meet (indoors) at the Grumman IMAX® Theater in time for the first showing of Lewis & Clark: Great Journey West.
12:00 noon Lunch on the balcony overlooking the main entrance.
12:30 p.m. Keynote speaker Leslie H. Miles, Jr., ASA (photo left), who conducts ASA ME202AS Machinery and Equipment Valuation Methodology (Aviation Specific) , will discuss Aircraft Appraisal.
1:00 p.m. Guided tour of exhibits (historic planes, lunar module, etc.).
2:00 p.m. Self-guided tour, museum shop, second IMAX® movie (see below).
Come early, stay late. The Museum is open from 10:00 a.m. to 5:00 p.m.
The cost for admission, lunch, tour, and one IMAX® movie (pick from three below) is just $30.00 per person. Parking is free; driving directions below. Please RSVP by April 8 with the names and ages of participants (IMAX® movies may be too loud for children under five) to Chapter 72 President James Tonkinson by , phone (631-293-0200, x253) or mail.
Schedule of IMAX® Movies (45-50 mins each) Lewis & Clark 11:00 a.m., 1:00 p.m., 5:00 p.m. Fighter Pilot 12:00 p.m., 2:00 p.m., 4:00 p.m. The Magic of Flight 3:00 p.m.
From the South Shore. Meadowbrook Parkway north to exit M4, follow signs to Nassau Coliseum which will put you on Charles Lindbergh Blvd, stay on Charles Lindbergh Blvd. to the second traffic light and turn right into the parking lot.
From the North Shore. Meadowbrook Parkway south to exit M4, initially follow signs to Nassau Coliseum. Within approximately 1/4 mile take the right fork to Charles Lindbergh Blvd., remain on it to the second traffic light and turn right into the parking lot.
Using MapQuest. Click on the map at right for interactive driving directions from any starting location courtesy of MapQuest.
March Meeting: Personal Property Talk & Clinic.
The March chapter meeting will be held on Wednesday, March 23, 2005 at the La Reggia Restaurant in the Meadowlands Plaza Hotel located at 40 Wood Ave, Secaucus, NJ 07094-2907 (Telephone: 201-422-0200). Please note the venue. The Board Meeting is scheduled for 5:00 p.m. The buffet dinner is at 6:00 p.m. The guest speaker is Lynn Magnusson, AM who will talk about eBay and Beyond and will host an Antique Roadshow-style Appraisal Clinic. Dinner is $25. Please RSVP to Jana Gerrard at MR Valuation by phone (732-780-6002), fax (732-780-6020) or by Friday, March 18.
Lynn Magnusson is the President of The Magnusson Group, in Parsippany, NJ. Ms. Magnusson has a BS in Business Administration from Montclair State University and has completed the NYU Certificate Program in Appraisal Studies. Her company provides appraisals as well as estate, moving and brokerage services, and is an eBay Power Seller. To participate in the Appraisal Clinic, please bring one item -- no precious stones or metals, please -- to be appraised and discussed by Ms. Magnusson.
January Meeting: Property Transfers.
The January chapter meeting will be held on Wednesday, January 26, 2005 at the La Reggia Restaurant in the Meadowlands Plaza Hotel located at 40 Wood Ave, Secaucus, NJ 07094-2907 (Telephone: 201-422-0200). Please note the venue. The Board Meeting is scheduled for 5:15 p.m. The buffet dinner is at 6:00 p.m. The guest speaker is William P. Elliott, CPA, who will talk about Appraising Arms-Length Property Transfers. Dinner is $35. Please RSVP to Danielle Zirino at MR Valuation by phone (732-780-6013), fax (732-780-6020) or by Thursday, January 20.
Mr. Elliot, a tax partner at the Decosimo firm of CPAs, will discuss pricing and evaluating arms-length transfers of personal, intellectual and intangible property and services. An ABV (Accredited in Business Valuation) member of the American Institute of Certified Public Accountants with a Master of Law degree from St. Thomas University School of Law, he specializes in international taxation, estate and tax planning, transfer pricing, and the valuation of intangible and intellectual property. A contributor to CCH's Taxes, The Tax Magazine and Tax Notes International, his topics include asset protection planning and captive insurance companies. His seminar topic -- evaluating property transfers -- is relevant to all appraisers, so RSVP early to reserve your place.
December Meeting: Holiday Meeting and Party.
The December chapter meeting will be held on Wednesday, December 15, 2004 at Redd's Restaurant & Bar at 317 Washington Ave, Carlstadt, NJ 07072-2805 (Telephone: 201-933-0015). Please note the venue. The Board Meeting at 5:15 p.m. will be followed by dinner and entertainment starting at 6:00 p.m. The popular magician and illusionist, Aedryan Methyus promises a spectacular evening of high energy music, dance, pyrotechnics, theatrics and, of course, magic. You'll want to bring a guest! Dinner is $35 per person. Please RSVP by Wednesday, December 8 to Danielle Zirino at MR Valuation by phone (732-780-6013), fax (732-780-6020) or .
November Meeting: Real Property
The November chapter meeting will be held on Wednesday, November 17, 2004 at the La Reggia Restaurant in the Meadowlands Plaza Hotel located at 40 Wood Ave, Secaucus, NJ 07094-2907 (Telephone: 201-422-0200). Please note the venue. The Board Meeting at 5:15 p.m. will be followed by dinner at 6:00 p.m. The guest speaker is Paul D. Roberts, ASA, the immediate past Governor of Region 15, who will conduct a seminar on The World of Ad Valorem Appraising. Dinner is $35. Please RSVP Danielle Zirino at MR Valuation by phone (732-780-6013), fax (732-780-6020) or by Wednesday, November 10.
A Fairleigh Dickinson honors graduate in accounting, Paul Roberts is a Senior Vice President at IAC: International Appraisal Company, where he specializes in tax-related real estate appraisal issues. A popular seminar presenter, he has appeared on CNN and published nationally. Paul's seminar will cover the history and definition of property taxes, with an emphasis on office buildings and industrial plants, including a look at environmental, equalization, classification and highest and best use issues. The seminar has been approved by ASA for two (2) hours of continuing education credit (CEC); approval is pending with the New Jersey State Real Estate Appraiser Board and, for assessors, with the State of New Jersey Division of Taxation. This eye-opening seminar is sure to sell out, so please reserve your place ASAP.
October Meeting: Business Valuation/Real Estate.
The October chapter meeting will be held on Wednesday, October 20, 2004 at the Prime Hotel and Suites in Fairfield, NJ. The Board Meeting is scheduled for 5:15 p.m. The buffet dinner is at 6:00 p.m. The guest speaker is Paul Russo, Ph.D. Dinner is $35. Please RSVP Jana Gerrard at MR Valuation by phone (732-780-6002), fax (732-780-6000) or by Thursday, October 14.
Although Dr. Russo still devotes part of his time to biotech research -- his Ph.D. from the University of Virginia is in chemistry -- he is a self-employed broker working with CPAs, attorneys, and realtors to help their clients sell real estate and other businesses using seller-financed (carry-back) promissory notes. His presentation, Buying and Selling Business Notes, will cover both the underwriting requirements for sellers and due diligence needed by buyers of notes. He will explore the types of purchases (full, partial, and split partial) as well as pricing and yields. The program should be interesting to Real Estate Appraisers, Business Valuation practitioners, and self-employed businessmen.
ASA/ASFMRA Easement Seminar
The American Society of Appraisers (ASA) and the American Society of Farm Managers and Rural Appraisers (ASFMRA) are co-sponsoring a one-day symposium, The Easement Puzzle: Putting It All Together to be held on Friday, October 22, 2004 at The Academy for Educational Development (AED) Conference Center, 1825 Connecticut Avenue, NW, 8th Floor, Washington, DC 20009. The symposium brings together some of the leading figures in tax law, conservation and historic preservation to answer questions and dispel the myths about easement conservation rules. Among the speakers will be Joseph P. Novelli, ASA, seen at left, a member of Northern New Jersey Chapter 73, and New York City Chapter 30 member Ronald M. Gold, ASA, who will also be one of the moderators. Among the topics on tap:
- How to define conservation, historic, agricultural and facade easements.
- Tax incentives for landowners.
- How to appraise easements.
- Which legal issues affect easements.
- How to be a responsible easement holder.
For additional information and to register for the symposium, visit this ASA page about the symposium.
September Meeting: Real Property/Business Valuation.
The September chapter meeting will be held on Tuesday, September 21, 2004 at the Prime Hotel and Suites Fairfield (the former Radisson Hotel, telephone 973-227-9200), located at 690 Route 46 East, Fairfield, NJ 07004-1539, near the intersection with Passaic Ave. The Board Meeting is scheduled for 3:15 p.m. A seminar conducted by guest speaker, Mark F. Pomykacz, MAI, seen at right in the photo with Chapter 73 President Mark Rodriguez, will follow at 4:00 p.m. The buffet dinner is at 6:00 p.m. Dinner is $35. Please RSVP Allyson Webb at MR Valuation at 732-780-6013.
Mark Pomykacz, the President of Federal Appraisal & Consulting, LLC will discuss Appraising Complex Properties for Property Taxes (A Power Plant Case) in a seminar that carries two hours of Continuing Education credit. Mr. Pomykacz, who specializes in complex, non-traditional real estate and business appraisal, is a Qualified Instructor at the Appraisal Institute and serves on its local, regional and national boards. He also teaches at New York University, and is the author of papers on Reducing Property Taxes in a Rising Market and Property Taxes, A Silver Lining, among others.
Guest Lecture: Gems & Jewelry Northern New Jersey Chapter member, David Wolf, ASA, GG, Master Gemologist Appraiser®, will talk at the National Association of Jewelry Appraisers' 22nd Summer Conference at the DoubleTree Hotel Philadelphia (Telephone: 215-893-1600), 237 South Broad Street, Philadelphia, PA 19107 on Tuesday, August 10, 2004. Mr. Wolf, who is the President of Just Appraisers jewelry and gemstone appraisal laboratory, will describe his experience appraising the jewelry in the safe deposit boxes under the World Trade Center after the September 11, 2001 terrorist attack. His talk, titled The Appraisal from Hell: WTC 9-11 Jewelry Appraisal Assignment and Pre-Litigation Support Documents, will include images of the jewelry and a discussion of claims involving "hypothetical loss" consulting. Contact David Wolf by phone (1-866-257-3652), fax (866-799-9049) or for more information.
ASA International Conference
The 2004 International Appraisal Conference will be held in Kansas City, MO on July 25 & 28, 2004. Don't miss this opportunity to meet with appraisers from around the world in America's "heartland" city, known for its jazz, barbecues, arts, and sports. Conference information is maintained on the national ASA website.
2004-2005 When and Where.
Chapter meetings are typically held on the third Tuesday of the month at the Prime Hotel and Suites Fairfield (the former Radisson Hotel) at 690 Route 46 East, Fairfield, NJ 07004-1539. Conveniently located in Northern New Jersey's corporate corridor, the hotel is situated on the westbound side of Route 46, near the intersection with Passaic Ave. The telephone number is 973-227-9200.
(Click on the photo at left to open a new window containing a customizable map centered on the Prime Hotel and Suites. Use it for driving directions.)
Past events for 2004-2005 are listed above. Past events for 2002-2004 are on the Calendar Archive page.
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