LEGAL CORNER: NYC Passes the FARE Act and Restricts the Payment of Commissions by Tenants
The real estate industry has expressed concerns regarding the potential repercussions of the FARE Act.
Boardroom Report
Boards of Directors
Hudson Gateway Association of Realtors, Inc.
November 17, 2021 at the HGAR offices, One Maple Ave, White Plains
HGAR Management, Financial & Membership Reports
HGAR Treasurer Carmen Bauman presented the Treasurer’s Report as of Nov. 1, 2021, a copy of which was provided to the Directors. After discussion the report was approved for filing.
Treasure Bauman provided detailed reviews of the 1st Quarter and 2nd Quarter HGAR Financial Statement for 2021, and after discussion both financial statements were approved for filing. HGAR CEO Richard Haggerty noted that the Finance Committee had met regarding the 2022 Budget and that the draft Budget would be presented to the Directors at their next meeting in December.
CEO Haggerty was also pleased to report that the following individuals were assigned with new position titles: Vicky Gonzalez as Chief Financial Officer, Cathleen Stack as Chief Marketing Officer, Jana Currier as Chief Operating Officer, and Gary Connolly as Chief Strategy Officer.
CEO Haggerty then sought the confirmation of HGAR Officers for 2021 in accordance with the HGAR Nominating Committee’s Report presented at HGAR’s Annual Members’ Day and Annual Meeting on Oct. 25, 2021. The Slate of Officers are as follows: Anthony Domathoti, as President, Tony D’Anzica, as President-Elect, Carmen Bauman, as Treasurer, T. Teresa Bellmore, as Secretary, and Crystal Hawkins-Syska, as Immediate Past President. After discussion the HGAR Directors confirmed the selection of the HGAR Officers as presented in the Nominating Committee Report.
CEO Haggerty then presented the report of the HGAR Nominating Committee recommending the following individuals to fill vacancies on the Hudson Gateway Realtor Foundation Board of Trustees: Gail Fattizzi as President, with a term expiring on Dec. 31, 2023; Maryann A. Tercasio as Vice President, with a term expiring on Dec. 31, 2023; Ralph Gabay as Secretary-Treasurer, with a term expiring on Dec. 31, 2023; and Kerri Stretch and Kathleen Kane, as Trustees, with terms expiring on Dec. 31, 2024. After discussion the Directors approved recommendations of the Nominating Committee.
CEO Haggerty also reported that the HGAR Core Standards Report for 2021 has been approved by NYSAR.
CEO Haggerty then reported that, unfortunately, Nicole Furlonge was not feeling well and was unable to attend the meeting to present the Diversity, Equity and Inclusion segment. He noted that Agenda Item 6 would be rescheduled for a later date.
CEO Haggerty asked Directors Eliezer Rodriguez and Carol Christiansen, Chief Operating Officer Jana Currier, and Chief Marketing Officer Cathleen Stack to provide updates on various upcoming events.
President Crystal Hawkins-Syska reported on her attendance at the National Association of Realtors Annual Conference held in San Diego, CA. She discussed issues relating to Diversity, Equity and Inclusion and implicit bias training being offered by NAR.
President Hawkins-Syska pointed out to the Directors that written reports of various Committees and Councils (i.e., Education Committee, Professional Standards Committee, DEI Committee, Fair Housing Committee, RPAC Committee, and Legislative Committee) had also been provided to the Directors via e-mail prior to the meeting.
Boardroom Report
Boards of Directors
Hudson Gateway Association of Realtors, Inc.
December 15, 2021 at the HGAR offices, One Maple Ave, White Plains
HGAR Management, Financial & Membership Reports
Treasurer Carmen Bauman presented the Treasurer’s Report as of Dec. 1, 2021, a copy of which was provided to the Directors, and after discussion the Directors approved a motion to receive the report for audit.
CEO Richard Haggerty then sought approval of the proposed 2022 HGAR Budget, a copy of which was provided to Directors. CEO Haggerty and Treasurer Bauman then presented a detailed review of the 2022 HGAR Budget. After discussion the Directors approved the 2022 HGAR Budget.
In-House Counsel Levine presented an Ethics Decisions designated as 285-E, which was provided to each of the Directors prior to the meeting. After review and discussion, the Directors approved the recommendation of the Hearing Panel.
In-House Counsel Levine then presented an Ethics Decision designated as 286-E, which was provided to each of the Directors prior to the meeting. After review and discussion, the Directors approved the recommendation of the Hearing Panel.
President Crystal Hawkins-Syska had to depart the meeting early due to a previous engagement and requested President-Elect Anthony Domathoti chair the remainder of the meeting.
CEO Haggerty then reported that the 2022 Installation Dinner was scheduled for Jan. 13, 2022 at 583 Park Ave., New York, New York, and urged everyone to attend and to support the incoming Directors and Officers.
CEO Haggerty also reminded the Directors and Officers that the two-day Annual Officers and Directors Retreat was scheduled for Jan. 31, 2022 and Feb. 1, 2022 at the Mohonk Mountain House.
President-Elect Domathoti pointed out to the Directors that written reports of various Committees and Councils (i.e., Education Committee, Professional Standards Committee, DEI Committee, Fair Housing Committee, RPAC Committee, and Legislative Committee) had also been provided to the Directors via e-mail prior to the meeting.
Receive original business news about real estate and the REALTORS® who serve the lower Hudson Valley, delivered straight to your inbox. No credit card required.