ABO members prepare for recovery.According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the latest economic indicators Economic indicators The key statistics of the economy that reveal the direction the economy is heading in; for example, the unemployment rate and the inflation rate. , New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. has bottomed out of the recession. The days of "building up" are ahead and evidence of an economic turnaround abounds throughout the region. Whether it's the return of construction cranes on the Manhattan skyline for the first time in four years; or the black-and-white proof that commercial absorption continues to out-number added space, it would appear that there will be new business on the horizon. Those real estate professionals who prevailed during the past several years, time and again cite their need for information and communication to remain competitive, to survive, and indeed, to prosper. This is why Associated Builders and Owners has made the education of our membership Priority One for the coming year. For this reason, exhibitor space at our Buildings/NY trade show last March was sold out six months inadvance. Next year's event is selling at an even more feverish pace. Buildings/NY is the place where aggressive, growth-oriented companies send their people to learn about the latest products, services and ideas to stay current in today's ever-changing marketplace. In the coming months, ABO ABO See: Accumulated Benefit Obligation also plans a series of special seminars, such as last year's fully-subscribed "Profit by Association" workshop. Our program of monthly luncheon meetings brings the region's most powerful public officials and private industry leaders face-to-face with ABO members. It is not uncommon to learn about government policy issues far in advance of their promulgation PROMULGATION. The order given to cause a law to be executed, and to make it public it differs from publication. (q.v.) 1 Bl. Com. 45; Stat. 6 H. VI., c. 4. 2. . Tax issues, water metering Water metering is the process of measuring water use through water meters. Prevalence Water metering is common for residential and commercial drinking water supply in many countries, as well as for industrial self-supply with water. , asbestos and lead abatement procedures -- all were previewed "at the source" for the ABO membership in recent years. In the aftermath of the S & L crisis, the real estate lending community came to ABO in order to open a new era of communication with real estate entrepreneurs. ABO provided one of the very first forums for a meaningful dialogue. These social gatherings led directly to a new proposed Cooperative Mortgage Program that was co-authored ABO co-chairmen Thomas Osterman and Robert Selsam, and the Mortgage Bankers Association of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . The goal of the program is to improve the economy of the State of New York by strengthening the ownership structure of owner-occupied affordable housing in the state, thereby preserving and increasing its supply. The program is intended to prevent deterioration of existing housing stock, to preserve the equity of unit owners in such housing and to add liquidity to the cooperative and condominium markets while assisting banks in meeting their community reinvestment requirements. ABO's capabilities are based in large part on communication and the sharing of strengths. Our 83 years of experience shows that membership in a trade association is a tremendous asset in times of economic change. ABO's formal, on-going educational programs, conducted under the auspices of the National Association of Home Builders The National Association of Home Builders (NAHB) is one of the largest trade associations in the United States. Headquartered in Washington, DC, the association organizes one of the largest conventions in North America, The International Builders' Show, which draws more than (NAHB NAHB National Association of Home Builders NAHB National Academy of Health and Business (Canada) ), have won national awards for the number of Registered Apartment Managers they have produced. In conclusion, I urge all real estate professionals in New York to look into the benefits of ABO membership. Contact Herbert Warshavsky, executive director, ABO, 25 West 43rd Street, Suite 311, New York, NY |
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