Change is the only constant in life. – Heraclitus

Greetings Friends and Colleagues:

It is an honor and privilege to serve as your 2019 president. Each incoming president stands on the shoulders of those who came before. Thank you, Tonia Vailas, for your leadership in 2018. I appreciate the opportunity to work with our newly elected Officers, Directors, Candidate Advisors, Committee Chairs and Committee Members in the coming year. It is your service and dedication that continue to drive our Chapter forward.

Thank you to all who attended and sponsored the Installation Seminar Dinner Meeting in November. Your participation keeps our Chapter running strong and relevant! We were joined by Metro New York Chapter’s 2019 President Marc Nakleh, 2019 First Vice President Amanda Aaron and Director Mark Godfrey. Thank you to Robert Marks who served as our Installation Officer.

Our guest speaker, 2018 National President James Murrett, spoke on the state of the appraisal profession. As he highlighted, our industry is facing challenges on many fronts. Regulatory changes will continue to impact how appraisers function and/or manage their business. The AMC registration requirement will mean more pressure for our members. The continued push to increase appraisal thresholds will create a slippery slope and undermine public trust. And while it has not happened in our immediate market, multiple entities sought appraisal waivers in 2018. Stay informed on these issues by visiting the Advocacy tab on national’s website.

To address these issues in part, a new subcommittee, RAPT (Residential Appraiser Project Team), was formed. It is modeled after national’s RAPT and will be led by Anthony Marmorale. The team will explore and develop ways to attract and retain residential appraisers, as well as address residential concerns and challenges. In addition to the members who already serve our Chapter in various capacities, 2019 welcomes Robert Malone to RAPT and Andy Lau as co-chair of General Seminars. Past President Andrew Albro also returns as vice chair of General Candidate Guidance. If you’re not yet involved, please consider joining one of our Chapter’s many committees. The Chapter website has a list of the committees and all current volunteers.

John Biordi, Howard Morris and I serve as your Region IV representatives. We will keep you apprised of regional and national issues and topics. A recap of the First Quarter conference call will be emailed shortly. John Biordi and Hector Nieves are preparing to represent our Chapter at the 2019 Leadership Development Advisory Council in Washington, D.C. Once their application is accepted by national, they will have the opportunity to lobby Congress on your behalf.

We start off 2019 with two new seminar offerings in February. Please join us for our February seminar dinner meeting which will feature a lively debate between two SRA, AI-RRS where one is an appraiser and the other owns an AMC. Robert Smith will be teaching How Tenants Create or Destroy Value: Leasehold Valuation and its Impact on Value in March. Advanced Income Capitalization, a designation qualifying course, will be held from April 29 to May 3. These offerings showcase the efforts of John Biordi as Programs chair, Anne Sheehan and Donald Franklin as co-chairs of Education, Anthony Marmorale as Residential Seminars chair and Tonia Vailas and Andy Lau as co-chairs of General Seminars. Please check the Chapter website for details and additional course offerings. The Chapter is committed to providing relevant and interesting education for both our commercial and residential members. In addition, we will continue to apply for broker’s or salesperson CE for our offerings when possible.

The Special Seminars Committee, chaired by Anthony Iaccio, is working with the Suffolk County Bar Association Condemnation & Tax Certiorari Committee on a new panel discussion with a potential date in May. Media, Public Relations & Technology Chair John Biordi is considering a hiking combo vineyard trip and has arranged our annual baseball outing on July 2 where the Mets and Yankees will face each other. Tickets are limited!

During the Installation Dinner, we continued our community service with a sock donation to Soldier’s Angels. President Murrett carried forward our mission to his local veteran’s hospital. If there is a charity you would like to see the Chapter support, please let us know.

Each year, James Taylor, MAI, SRA donates to our Chapter’s scholarship fund in memory of his wife Maureen. He is also spearheading the effort to establish the James MacCrate Scholarship Fund in memory of our esteemed instructor. Members, candidates and practicing affiliates are encouraged to apply for the scholarships. Details can be found on the Chapter’s website under Scholarship.

Our General Candidate Guidance Committee is chaired by Ronald Haberman and our Residential Guidance Committee is co-chaired by Kevin Matheson and Gerard O’Connor. Additional assistance is provided by our Candidate Committee Chair Donald Franklin and your assigned advisors. Please reach out to any of them if you’re a candidate seeking direction. In addition, an Education Notice was recently emailed to inform of resources available.

Some of our Chapter sponsors have already committed to renewing their sponsorship in 2019. We appreciate your financial support as it enables the Chapter to serve its members in so many facets. Please consider an individual or a corporate sponsorship which has different levels. Events and dinner sponsorships are also available. Specific information and benefits can be found on the Chapter website link.

I’m excited to be serving our Chapter this year. If you have any suggestions or questions, feel free to contact me, my fellow officers or our Executive Director Francine Morgenstern. Please visit our Chapter website and Facebook page and follow us on Twitter.

May 2019 bring you happiness, peace, health and success!

Charissa N.C. Kwan, MAI, AI-GRS
2019 President, Appraisal Institute Long Island Chapter