Professional Documents
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MONEY TALKS
Understanding long-term care
PAGE 8
ON THE JOB
See this months movers and shakers.
PAGES 18-19
The Rotary Club of Staten Island, with support from Con Edison, hosted students from P.S. 8 at the club's annual Ecology Day at the Staten Island Mall.
Business Meetings
Check out our monthly listing and
attend a meeting on Staten Island.
PAGE 4
erected and shovels in the ground for a project slated to open in 2017. All around the site,
improvements are happening in the borough
to prepare for the projected influx of visitors
expected.
One of the first improvements to be completed will be celebrated this month, when on
Monthly Update
BRIEFS
emailed
at
Christine.Purelis@csi.cuny.edu.
A ribbon-cutting ceremony celebrating the grand opening of Richmond County Savings Bank's new
branch in Tottenville was held on Aug 24. Pictured, seventh from the left is Linda Baran, president and
CEO of the S.I. Chamber of Commerce; Branch Manager Rita Pirrone (with scissors); Gail Castellano, regional manager; and Assemblyman Joe Borelli, with employees of the bank.
WEEKLY MEETINGS
MONDAY
WEDNESDAY
Bus. Outreach Ctr of SI/WBCLDC
Small Bus. Counseling
MWBE/BOC Capital: WBCLDC, 705
Forest Ave., 2nd Fl. By appointment
only. For info, call 718-816-4775.
Kiwanis Club of Richmond Co.:
LaFontana Restaurant, 2879 Amboy
Rd. 7 p.m. Call 718-420-1966.
College of S.I., Small Bus. Dev. Ctr.
Business Counseling: CSI, 2800
Victory Blvd. 9 a.m. to 5 p.m. No
charge. For info, call the SBDC at
718-982-2560.
TUESDAY
Greater New Dorp Networking
Group: 8 a.m. Perkins, 1409 Hylan
Blvd. For information, call Steve
Lombardo at 718-702-8623.
SI Business Friends: 7:30 - 8:45
a.m. Hilton Garden Inn, 1100 South
Ave. For information, call Dr. Richard
Bove at 718-938-5978 or visit
www.sibfnetwork.com.
Bus. Outreach Ctr of SI/WBCLDC
Small Bus. Counseling
MWBE/BOC Capital: WBCLDC, 705
Forest Ave., 2nd Fl. By appointment
only. For info, call 718-816-4775.
Direct120.com, Ultimate Think
Tank: Lorenzos, 1100 South Ave. For
info, visit www.direct120.com.
Kiwanis Club of South Shore:
LaFontana, 2879 Amboy Rd. 7:30
p.m. For info, call 718-370-2770.
SCORE Business Counseling: S.I.
Bank & Trust, 1550 Richmond Rd. 9
a.m. to noon. No appointment necessary. No charge. For info, call 718727-1221.
Business Guild I of the S.I. Chamber of Commerce: Hilton Garden
Inn, 1100 South Ave. 7:45 a.m. Members and invited guests only. Call
Michael Anicito at 646-606-2111.
Business Network Intl. (BNI) Network Alliance Chapter: Z-One
Lounge, 1821 Richmond Ave. 7 to
8:30 a.m. For info, call Timothy
Houston at 718-981-8600.
Rotary Club Staten Island: LiGrecis Staten, 697 Forest Ave. 12:30 to
1:30 p.m. Members and guests welcome. For info, call 718-370-3140.
College of S.I., Small Bus. Dev. Ctr.
Business Counseling: Chamber of
Commerce, 130 Bay St. 9 a.m. No
charge. Call 718-982-2560.
College of S.I., Small Bus. Dev. Ctr.
Business Counseling: CSI, 2800
Victory Blvd. 9 a.m. to 5 p.m. No
charge. Call the SBDC at 982-2560.
THURSDAY
Bus. Outreach Ctr of SI/WBCLDC
Small Bus. Counseling
MWBE/BOC Capital: WBCLDC, 705
Forest Ave., 2nd Fl. By appointment
only. For info, call 718-816-4775.
Richmond Business Connections:
Z One, 1821 Richmond Ave. 8 a.m.
For information, call Ronald P.
Cutrone at (347) 258-8131.
Kiwanis Club of Staten Island:
LiGrecis Staten, 697 Forest Ave.
7:30 p.m. For info, call 718-967-4345
or kiwanisclubofstatenisland.com.
Rotary Club of South Shore: Mansion Grand, 141 Mansion Ave. 12:15
p.m. For info, call 718-987-2061 or
visit southshorerotary.org.
Rotary Club Mid-Island: New Dakoplease see MEETINGS, page 15
NETWORK
Home Impr
Improvements
rovements
ove
ovements
& Renovations
KITCHENS BATHROOMS
FINISHED BASEMENTS
ENTS THEA
ATER
TER ROOMS
DOORS WINDOWS
TR
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SHEETROCK ELECTRICAL PLUMBING
John Amodio was named a Rotarian of the Year nominee by Rotary International District 7230, in recognition of his 36 years of service as a member of the Rotary Club of Staten Island. Amodio also serves as
chairman (since 1997) of the Staten Island Rotary Foundation, and started the club's high school level
InterAct Clubs at New Dorp High School and Susan Wagner High School. Pictured, from left, are Rotarians Linda Baran, Amodio and Don Lee.
FREE DET
TAILED
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David
Call Bob or Da
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Licensed, Bonded & Insured Serving S.I. Over 30 Years
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in our opinion
66 Willow Avenue
Staten Island, NY 10305
718-775-3154
JOE EISELE
Publisher
TIM RONALDSON
Executive Editor
Wheel has to offer, and were especially excited to see what it will be able to
do for our beloved Island.
Staten Island for so long has needed
a project such as the Wheel to bring
visibility to the borough. This is not to
say other projects such as the Empire
Outlets or the Staten Island Marine
Development or the Teleport didnt
vastly improve the Island. Its that,
quite obviously, those projects dont
have the sex appeal the Wheel does to
outside influences.
So while we always advocate for any
project that improves our borough,
and there have been many recently, we
are simply over-the-top ready for the
Wheel to open.
Is it 2017 yet?
STEVE COPPOLA
Director
RICHARD GRADO
Director
ROBERT CUTRONA
Director
LAWRENCE RAMPULLA
Director
JANET WARREN DUGO
Publisher Emeritus
DAN McDONOUGH, JR.
Chairman
Business Trends is mailed each month to the
business and community leaders of Staten
Island. To be added to the mailing list, email joe@sibiztrends.com. To submit a
news release, email news@sibiztrends.com.
For advertising info, call 718-775-3154 or
email joe@sibiztrends.com.
Situation
Communicating and computing are continually becoming
more personal. Its been predicted
that future clothing will contain
sensors that will be able to monitor our health in real-time and
even get us help if we have a
health emergency.
The Apple watch gets us closer
to Dick Tracys two-way wristradio and may even help us with
health monitoring and emergencies as apps progress.
What is it?
The Apple watch is a seamless
device that works with and is up-
How it works
The watch comes in two sizes
(38mm and 42 mm) and has three
different Editions that vary by
size, finish and bands. The capabilities of all devices are identical. The least expensive Edition is
uses the heart rate sensor to gather and display data during workouts, and Insteon app lets you use
the Digital Crown to control your
house lights.
Also, it is a very accurate
watch that never needs to be adjusted!
.#+"
'&+ %(') )/
BITS
Where to get it
Apple
Stores
or
at
Pros
I have been using my Apple
watch since early July and am impressed. It is excellent for early
adopters like me who want to take
charge of their exercise routines,
use Siri on-the-fly, receive notifications, schedules, weather, texts,
calls, news, etc., without having
to take out the iPhone.
Its great when I raise my wrist
and say Hey Siri call home or
Hey Siri how do you spell whatever? and it does. Or even just
answer my phone, receive or send
a text or email.
I can feel good that I accomplished my daily calorie burn,
steps walked and other physical
data points or need to do better tomorrow.
I would imagine it would be
very useful in any emergency.
Cons
I felt that the limited 18-hour
battery life was going to be an
issue, but its not. If I put my
Bottom-line
I love it, but its not for everyone. It is ideal for iPhone 6 users
who want more than a dedicated
fitness device. It does change your
daily routine and habits for the
better and that might be annoying for some. I believe that as the
technology matures, most people
will be using a wrist mobile device integrated with a smart
phone. It is just another reason
why iPhone 6 and the iTunes network operating system are so
unique, powerful and popular.
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SIBOR
$104 billion, compared to the previous year's estimate of $92.2 billion. This represents 8 percent of
the total existing-home sales dollar volume.
President, Relevant
Public Relations
STATEN ISLAND, N.Y. A
leader of one of Chinas largest
property-listing websites for overseas buyers will be among the international business stars taking
center stage at a Staten Island
business event Sept. 30.
Simon Henry, co-founder and
co-CEO of Juwai.com, will provide attendees of the ninth annual Staten Island Board of Realtors (SIBOR) Global Real Estate
Symposium with a gateway for
sharing international real estate
information.
The much-anticipated conference also will feature Staten Island Borough President James S.
Oddo; Amir Sagie, deputy consul
general of Israel in New York;
Richard Marin, president and
CEO, New York Wheel; Joseph
Ferrara, BFC Partners; Elysa
Goldman, Triangle Equities, and
a host of notable experts discussing topics ranging from local
real estate development to opportunities in the global marketplace.
Juwai.com is an authoritative
source for global property in Chinese, with over 2.4 million property listings spanning 58 countries.
The site embraces over 12,000 current news stories, country buying
guides, education and emigration
articles, along with one of the
largest Chinese social media communities focused on international property.
Audience members receive business-enhancing information during a presentation at SIBORs Global Real
Estate Symposium in 2014.
Clients.
For the first time, buyers from
China exceeded all other countries in terms of units purchased
and dollar volume, purchasing an
estimated $28.6 billion worth of
property.
As the allure of Staten Island
continues to grow among foreign
investors, it makes good sense for
real estate professionals and others to set their business sights on
the international marketplace
and gain a better understanding
of how it operates, said Sandy
Krueger, CEO of SIBOR. Our annual symposium, titled this year
as Global Connect, is designed to
help New York professionals start
or further advance their ability to
work with foreign buyers and
sellers.
TIMING IS RIGHT
The 2015 symposium is arriving at a particularly opportune
time for local business people,
said Global Connect Chairman
Ron Molcho, a SIBOR director.
This
years
symposium,
which comes as SIBOR prepares
to celebrate its 100th anniversary
in October, is underscored by a recent flurry of major development
projects on Staten Islands North
Shore, healthy home sales in the
borough and an uptick in revenues within the international
real estate arena, Molcho said.
As the dollars generated in the
United States from international
home buyers increase, so does the
interest of Staten Island real estate professionals seeking to gain
a share of this growing segment.
The total volume of U.S. sales
dollars generated from international home buyers grew 13 percent last year, according to NAR.
For the period of April 2014
SIBOR
Purchase tickets
PURCHASE
Continued from page 11
DISTINGUISHED PRESENTERS
Additional presenters and
panel members will include
Danielle Grossenbacher, Brown
Harris Stevens, International
Real Estate Federation (FIABCI)
world president; Vanessa Saunders, Global Property Systems
Real Estate; Roseann Farrow,
Roseann Farrow Seminars; Katie
Kue Hwa Kao, North America
Real Estate Investment Group
(NAREIG); Nino Perdomo, Espanol Realty Ltd.; Yoshi Takita,
Keystone Realty U.S.A.; Isabel
Zenocratti, NAREIG; Farook
Mahmood, Silverline Group; R.
Randy Lee, Esq., Leewood Real
Estate Group; Assaf Epstein,
NADLAN 2000 Real Estate, Israel;
Sari Kingsley, Sari Kingsley Real
Estate Ltd.; Raj Rajpal, Wells
Fargo Home Mortgage; Barbara
Schmerzler, U.S. Homefinders
Inc.; Tony DAnzica, DynaMax
Realty NYC Inc.; Christopher Gill,
A-Nah Residences; Joel Hewish,
United Global Capital Pty Ltd;
Aldo Iemma, Empire State Realty
Services; Michael L. Schneider,
Schneider Realty Services; Rick
Wohlfarth, Wohlfarth & Associates Inc.; Jennifer Snyder, Marketing Ideas for Agents; Richard
E. Dun, Robert DeFalco Realty;
Queeny Duong, Citizens Bank;
Kristina Gershteyn, Robert DeFalco Realty; Joseph M. Lebron,
RE/MAX Metro; Kai Wong, Douglas Elliman; Steve Maggi, Esq.,
SMA
Law
Firm;
Susan
Merdinger Greenfield, Brown
Harris Stevens; Zhen (Jackie)
Huang, Esq, Menicucci Villa
Cilmi PLLC; Vanessa Saunders,
Global Property Systems Real Estate; Peter A Alongi, HSBC Bank
USA; Ryan Dudley, Friedman
LLP; Bruce Feffer, Esq., Eaton &
Van Winkle LLP; Margaret Ling,
Esq., First Nationwide Title
Agency LLC; Robert L. Oppenheimer, RE/MAX Fortune Properties; Frank Rizzo, Cornerstone
Realty Partners, Inc; Dawn Carpenter, Dawning Real Estate Inc.;
Len Garcia-Duran, New York City
TICKET INFORMATION
For ticket information and purchases contact Annmarie Izzo at
SIBOR by phone, 718-928-3223, or
email, Annmarie@sibor.com.
SIBOR
Housewarming
traditions from
around the world
STATEN ISLAND, N.Y. -- The
saying goes that all real estate is
local, but that does not mean that
all homebuyers are local. According to the National Association of
Realtors 2015 international
homebuyers report, global buyers
spent an estimated $104 billion on
housing in 2014, an increase of
more than $10 billion from the
previous year.
We live in an international
marketplace, and U.S real estate is
extremely attractive to foreign
buyers, said Dil Gillani, president of the Staten Island Board of
Realtors (SIBOR).
International buyers recognize the countrys attractive
prices, economic stability and
well-defined property rights as an
amazing opportunity for investment in their future.
As more international buyers
become a part of the fabric of
American communities like Staten Island, they bring with them
their many traditions and customs including those that go
along with moving into a new
home.
SIBOR has pulled together a
few common housewarming traditions from around the globe,
which you may want to use to
welcome friends, family or neighbors into their new home:
Russia. According to Russian
custom, a cat should cross over
the threshold of the new home before anyone else enters. This is
said to ensure that the homeowners will have a happy and prosperous life.
Thailand. Thai tradition dictates that visitors should bring a
new homeowner three items:
Rice, water and a knife. The rice
and water are so that food will always be plentiful and the homeowner will know prosperity, and
the knife is to protect them from
SIBOR
Report: International
buyers embrace
higher-priced U.S. properties
International buyers tend to
spend significantly more than the
overall average house price when
purchasing a property in the
United States.
The average price being paid
for a U.S. property by foreign buyers is $499,600, while the overall
average home price in the United
States is $255,600, according to the
National Association of REALTORS (NAR) 2015 Profile of
Home Buying Activity of International Clients.
Chinese buyers typically purchased the most expensive properties, at an average price of
$831,800. For the period of April
2014 through March 2015, total international sales in the United
States were estimated at $104 billion, compared to the previous
year's estimate of $92.2 billion.
This represents 8 percent of the
total existing-home sales dollar
volume, according to NAR.
The poll also found that 35 percent of Realtors reported working with an international client
in 2014, up from 28 percent in
2013. About 46 percent of reported international transactions
were intended for primary residences, 20 percent for residential
rentals, and 26 percent for investment rentals, vacation homes or
both.
Global buyers also purchased
properties for commercial rentals
and as residences for children
studying in U.S. educational institutions. Indian buyers were the
most likely to purchase a primary
residence (79 percent), while
Canadian buyers were most likely to purchase property as a vacation home (47 percent).
The majority of international
purchases (55 percent) were made
with all-cash, compared to about
25 percent of all purchases made
by domestic buyers.
Weekly Meetings
MEETINGS
FRIDAY
Bus. Outreach Ctr of SI/WBCLDC
Small Bus. Counseling
SATURDAY
SCORE Business Counseling: St.
Steve White
6 Genesee Avenue
Staten Island, NY 10308
Phone: 718.317.5025
Cell: 917.446.4029
Email: statenarts@aol.com
statenarts
Visit us online at
www.sibiztrends.com
on the job
FAZIDA ISHMAEL
Avon Products Inc.
Avon representative Fazida
Ishmael from Staten Island has
been recognized by Avon Products, Inc., as one of the beauty
company's top representatives in
the U.S. In honor of this recognition, the company rewarded Ishmael with a trip to Los Angeles to
celebrate during the annual President's Recognition Program Celebration.
During the trip, she enjoyed a
guided tour of Hollywood from
Rodeo Drive to the Sunset Strip,
as well as a day of fun in the sun
at Santa Monica Beach and a seat
at a gala recognition dinner, hosted by Avon executives.
CHRISTOPHER HELLSTROM
Staten Island Arts
Staten Island Arts announced
Christopher Hellstrom as the new
executive director. After a rigorous search of more than 100 candidates, the Board of Trustees selected Hellstrom for his success-
year.
SIUH board officers were subsequently approved at the June
annual
meeting of
the
North
Shore-LIJ
Health System. As a
North Shore
Health System hospital,
SIUHs
board funcBesignano
tions as the
executive committee on the larger health system board chaired by
Mark Claster.
In addition to Besignanos reelection to a one-year term as
chairman, board members elected to the 2015-16 board include:
John W. Alexander, vice chair,
along with Michael Caridi,
Robert Chasanoff, Alan Chopp,
William J. Fritz, Joaquin J. Gonzalez, Laura Lauria, David W.
Lehr, Linda Manfredi, Ralph
Nappi and Paula Dunn Tropello.
On the Job
JOB
Continued from page 18
nicipal liability actions in New
York State. In addition, she has
experience
handling
landlord/tenant, trusts and estates, and guardianship matters.
She graduated from New York
Law School in 2012.
She is a member of the New
York State Bar Association, Staten Island Womens Bar Association, Richmond County Bar Association and American Bar Association. Further, she is an advocate
for animal rights as a member of
the Animal Legal Defense Fund.
In her downtime, Criscitiello
enjoys teaching theater classes
for children and volunteering
with the Staten Island Special
Olympics.
In addition, Criscitiello is an
honorary member of Vietnam
Veterans Chapter 421 as recognition for her service to the Vietnam Veterans in her
community.
She joins
the existing
board of directors that
includes Executive Director Susan
Fenley,
Criscitiello
Board Chair
Jason Walters, Adele Carbonella, Marjorie
Hack,
Michael
Coppotelli,
Danielle Iacoviello, Jonathan B.
Lipschitz, John Scamardella Sr.
and Pablo Vengoechea.
Sundog Theatre, Inc. is a notfor-profit resident performing
arts organization in Staten Island
that provides entertainment for
adults and children and acting
classes for young people.
The theater presents contemporary and original theatre and
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(718)698-8244
www.apbsecurity.com
PROFESSIONAL WEBSITES.
PEASANT PRICES.
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Short Sales, Mortgage Modification,
Foreclosure Defense
Gathering for Victory State Banks recent Hawaiian-themed Employee Appreciation Party at the Stone
House at Clove Lakes are, from left, Ralph Branca, president and CEO of Victory State Bank, and the
events committee members: Richard Boyle, Anna Williams, Philip Stropoli, Elizabeth Scarano, Laura
Humphries, Jo Ann Mauro, Maria Biggica and Rosmerys Perez.
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