4B — July 25 - August 14, 2014 — Owners, Developers & Managers — M id A tlantic

Real Estate Journal


O wners , D evelopers & M anagers PWC hosts a golf networking event in White Plains PWC to present annual series on transportation issues


N EW YORK, NY — On Tuesday, July 29, 2014, from 8:00 am

Aviation expert and frequent speaker William Fife, P.E. , principal, The Fife Group , will reprise his role as mod- erator. Guest speakers include: Michael Horodniceanu , president, MTA capital con- struction ; Veronique (Ron- nie) Hakim , executive direc- tor, NJ Transit ; Stephanie Dawson , acting chief operat- ing officer, PANY&NJ ; Joan McDonald , commissioner, NYS DOT ; and Polly Trot- tenberg , commissioner, NYC DOT . The forum will take place at the Yale Club, 50 Vanderbilt

Ave.(44th St.), NYC. Tick- ets are $80 PWC members; $95 nonmembers; $100 at the door for all. To register, call 212.486.7745 contact pwc@ pwcusa.org, or visit www.pw- cusa.org/ny. WHITE PLAINS, NY – Golf + networking = great combo. Such was the enthusiastic con- sensus of the participants at the 22nd annual all-day golf outing hosted by Professional Women inConstruction (PWC) onMon- day, June 23, at the Elmwood Country Club in White Plains. Kent Jobe , sales director with IBC Groups , co-chair of the event, noted two reasons for his company’s sponsorship. “The golf outing is an opportu- nity to get away to a different setting and learn more about the people and the companies you work with. And PWC is a good cause to support.” The game provides “an open platform for women in a non- judgmental environment,” said Devika Kamboh , certified fi- nancial planner with Kamboh Financial Planning . Janal Montagna , director client services with Maxons Restorations , found that the mix of men and women “brings diversity to the group and helps business.” Jerry Miller and Barbara Lyons , both senior vice presi- dents with the Donaldson Organization , were glad for the chance tomake new friends and entertain existing ones “to keep the relationship solid,” said Miller, as did Jay Cohen , managing principal with Envi- ronetics , who said, “You find a common denominator and look for ways to help each other.” n Leasing to tax- exempt entities... Sec. 168(g)(1)(b). In this case, leasehold improvements done to a property that is deemed to be under a disqualified lease would be depreciated over 40 years or no less than 125% of the lease term. In addition to having to fol- low special rules for deprecia- tion, there may also be limita- tions on the expenses that can be deducted in excess of the taxpayer’s gross income from the lease. S a r a P a l o v i c k i s a t a x s up e r v i s o r a t WithumSmith+Brown’sReal Estate Services Group . n continued from page 3B


to 10:00 am, Profession- al Women In Cons t ruc - tion (PWC) will present i t s annua l Transporta- tion Forum: Regional Up-

 * for more information & reservations * Professional Women in Construction 212-486-7745 * pwc@pwcusa.org * www.pwcusa.org/ny PWC  is a non-profit 501(c)3 organization Cancellation: 48 hour notice

M. Horodniceanu

date - Transportation Chiefs Outline Plans, the latest in its ongoing series of forums cover- ing trending topics on regional transportation issues.

Made with FlippingBook - Online magazine maker