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.
The Business Council of Westchester has announced the election of three new members to its Board of Directors.
The new Board Members are Daniel Blum, incoming CEO of ENT & Allergy; Sarah Jones-Maturo, President of RM Friedland LLC; and Wallace Lynch, Senior Vice President, Business Banking Sales Team Leader Hudson Valley/metro New York market of KeyBank.
“The three new board members represent real estate, banking and healthcare—three sectors that are essential to Westchester County’s economy,” said BCW President and CEO Marsha Gordon. “I look forward to working with all three of these exceptional leaders and I’m excited to receive their ideas for advancing our county’s prosperity and well-being.”
Blum has more than 25 years of healthcare experience across urban and suburban hospitals and healthcare systems. Most recently, Blum worked for LifeBridge Health, serving as President of Sinai Hospital of Baltimore, Maryland’s largest community hospital and one of the key teaching hospitals in the state. Prior to LifeBridge, he was President and CEO of Phelps Memorial Hospital Center, a 240-bed regional hospital in Sleepy Hollow.
Jones-Maturo has led RM Friedland—the largest privately held commercial real estate brokerage company in Westchester County—since 2015. She has overseen a complete rebranding of the company, started an investment sales division with a prior sales track record of $2.4 billion, and spearheaded business development efforts. Before RM Friedland, she spent 11 years at CBRE, where she was an office broker with a particular focus on Northern and Central New Jersey.
Lynch leads an experienced team of highly trained local business bankers serve customized financial solutions to companies, including include commercial lines of credit, SBA financing, equipment financing, acquisition of commercial real estate and cash management. Lynch has more than 20 years in financial services, and prior to joining KeyBank in 2018 he held various roles with Sterling National Bank, TriState Capital Bank and Signature Bank. He is a board member of Cents Ability, a non-profit that provides high-school financial literacy education.
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