12C — March 25 - April 7, 2011 — Contractors, Owners & Managers — Mid
Atlantic Real Estate Journal
MAREjournal.com
The Building Owners and Managers Association of New Jersey 2011 Officers & Directors
KNOWLEDGE IS POWER
President Lisa Kochan Grubb & Ellis 100 Passaic Street Fairfield NJ 07004 (973) 486-2545 lisa.kochan@grubb-ellis.com Vice President Ron DeBiasse Lone Eagle Management PO Box 1235 Madison NJ 07940 (973) 377-7377 rond@loneeaglemanagement.com Secretary Robin-Ann Juron Bergman Real Estate Group 555 Route One South Iselin NJ 08830 (732) 855-8600 Robin@bergmanrealty.com Treasurer Dave Cali, RPA Alfred Sanzari Enterprises 25 Main Street Hackensack NJ 07601 (201) 342-2777 davecali@sanzari.com
BOMA NEW JERSEY The Building Owners and Managers Association of New Jersey The Building Owners and Managers Association (BOMA) of New Jersey is focused on providing the most comprehensive member benefits available in any trade association. Why you should be here: BOMA provides excellent educational programs designed to provide both the seasoned professional and up and coming assistants with expert skills in appropriating resources and managing properties to maximize their value regardless of the economy, invaluable networking opportunities, monthly meetings and events, annual events, advocacy at the state and national levels, and International support. Since its inception in 1984 more than 450 members have developed and perfected their professions through the resources BOMA New Jersey has to offer. Call now to receive your informational package on how you too can be on your way to become the real estate industry’s most desired and indispensible professional. Building Owners & Managers Association of New Jersey 199 Prospect Avenue, PO Box 7250, North Arlington NJ 07031 Phone: 973-696-2914, Fax: 973-696-5634 Email: bomanj@ix.netcom.com Website: www.bomanj.org
Lisa Kochan, President, BOMA New Jersey
KNOWLEDGE IS POWER
Everyone says that knowledge and education is the key to success, and that you must gain as much knowledge as you can to gain a position of power. The real questions are: What is knowledge? How is it measured? How do you use it to gain power? According to the American Heritage College dictionary, knowledge is “the state or fact of awareness or understanding gained from experience or study - learning specific information about something.” This means a person has the resourcefulness to obtain and utilize useful and informative information in order to make intelligent decisions based upon their understanding and awareness of everyday situations. Lisa Kochan Does this make them powerful? Again, according to the American Heritage College dictionary, power is “the ability or capacity to act or perform effectively” therefore, without knowledge, how would this, the ability to perform effectively, be possible? The bottom line is – it isn’t! The real estate industry and especially property management is constantly changing. Therefore, the importance of education and professional development is paramount to the success of you and your company. One of the purposes of education, as marketed by the education industry, is career advancement, higher pay, and empowering a graduate’s job search. On the other hand, your employer or prospective employer is looking for the creativity, vision, talent, and the skills that you need to manage your properties. Professional designations in the last 40 years have become almost a requirement to be hired into the job areas of Property Management, Facilities Management and Systems Maintenance, as well as various other related fields. It will come as no surprise that in today’s economy property and facility managers will not advance simply by running a building well and working hard. Rather, those with the ambition to move ahead, either within their companies or elsewhere, will need the ability to contribute to solving company wide problems. A lot of people can get repairs made but can you help reduce occupancy costs? Can you avoid problems with regulatory approvals and inspections? Can you reduce the entity’s carbon footprint? Can you get high quality contracts with outside service providers? In addition to the above, demands on property and facility managers looking to advance their careers include having an ability to accept change, to carefully experiment with new methodologies, to understand financial drivers, and to be more of a team player because in today’s world the team on which the property/facility manager is playing is at the executive level. The more experienced you are with a variety of business and property data the better. Someone who can come to the table with ideas, someone who can say, “if we do ‘x’ this year, we will save ‘x’ percent over the next five years” someone with excellent interpersonal skills — and specifically, the ability to manage and interact with diverse clients, customers, employees and stakeholders — are essential for acquiring a new job or obtaining a promotion. So, where do you gain this knowledge? How do you obtain the required education? Well, being the President of BOMA New Jersey, an organization whose mission is to promote the interests of those engaged in ownership and/or the operation of real property through leadership, research, education, information and professional development, obviously I’m going to tell you to get involved in BOMA. It doesn’t matter if you are in New Jersey, Michigan, Texas or California BOMA offers you the opportunity to participate in monthly meetings, seminars, webinars and ongoing BOMI International RPA, FMA, SMA and SMT designation classes to advance your career. Starting on March 23rd BOMA New Jersey will be offering BOMA International’s Fundamental of Property Management; in April we are offering four BOMI Courses: Real Estate Investment & Finance; Budget and Accounting; Facility Planning and Project Management and Electrical Systems. After taking BOMI International courses, almost 36% of students said they have seen a decrease in monthly expenses between 1% to over10%; over 77% of students who have acquired a BOMI International designation and/or certificate agree that they have helped better position their corporation or organization for success and over 95% of BOMI’s corporate clients and students recommend BOMI International courses to their co-workers and peers. These courses are over and above our monthly meetings wherein we have an industry professional guest speaker; our quarterly newsletter with insightful, informative articles, an annual directory with useful information on our members and a product service guide as well as discount on BOMA International’s publications and materials. Former BOMA New Jersey President and current Vice Chair of BOMI International said “It is imperative for continued career growth that one keeps pace with industry changes. It is also just as important to train and mentor your staff. BOMA and BOMI courses keep you informed so you can get ahead.”
Upcoming Meeting Dates & Events May 15, 2011 - BOMA Members Race for the Cure Join the BOMA NJ Team in the Susan G. Komen Race for the Cure Wednesday - May 25, 2011 - The Newark Club Building Owners & Managers Association of New Jersey 199 Prospect Avenue, PO Box 7250, North Arlington NJ 07031 Phone: 973-696-2914, Fax: 973-696-5634 Email: bomanj@ix.netcom.com Website: www.bomanj.org