February Meeting: Economic and Investment Outlook

The February chapter meeting will be held on Wednesday, February 29, 2012 at 6:00 pm  at Pal's Cabin in West Orange, NJ. The Executive Meeting is scheduled for 6:00 pm followed by Dinner at 7:00. The guest speaker – back by popular demand -- is G. Scott Clemons, Chief Investment Strategist for Brown Brothers Harriman’s Wealth Management Business, who will talk about the 2012 Economic and Investment Outlook for business, real estate and other investments.

Mr. Clemons, who received his BA in Classics magna cum laude from Princeton University, joined Brown Brothers Harriman in 1990.  He has held a variety of roles within BBH's investment management business, including as an analyst and portfolio manager of European and Asian equities, based both in New York and London, and as a lead manager of domestic equity management.  A Chartered Financial Analyst, and a member of the New York Society of Security Analysts and the CFA Institute, he is the firm's primary writer and speaker on topics related to the financial markets and wealth management.  Mr. Clemons sits on the advisory boards of the Morgan Library and Museum, the Princeton University Library, the Grolier Club, and the Getty Research Institute. He is also a director of the Research Corporation, America's oldest foundation dedicated to the advancement of science.

Scott Clemons' presentation last year was widely acclaimed, and his return this year highly requested.  Considering the state of the economy going into this election year, Scott is sure to provide interesting insights of benefit to us all.

The program qualifies for one hour of ASA Continuing Education Credit. Dinner is $35 person.  Please RSVP Chapter Vice President Lynn Magnusson, ASA  by phone (973-425-1550), fax (973-425-1553) or email, and mail her your check payable to "ASA Northern New Jersey Chapter 73" by Friday, February 24, 2012.

October Meeting: Solar Energy in NJ

The October chapter meeting will be held on Thursday, October 6, 2011 at 6:00 pm  at Pal's Cabin in West Orange, NJ. The Executive Meeting is scheduled for 6:00 pm followed by Dinner at 7:00. The guest speaker is
Joseph G. Kettell, ASA, Managing Director of the Paramus, NJ firm of Appraisal Economics, Inc., who will talk about “The State of the Solar Energy Industry in New Jersey.”

Mr. Kettell is an expert in the appraisal of power plants whose presentation on “The Appraisal of Renewable Energy Facilities and Solar Installations” drew acclaim at ASA’s 2011 International Appraisers Conference in Washington, DC. Joe will discuss supply & demand for photovoltaic solar facilities, government investment incentives, and the outlook for alternative energy sources. His talk is sure to be informative and timely.  Feel free to invite your colleagues, interested clients and significant others.

The program qualifies for one hour of ASA Continuing Education Credit. Dinner is $35 person. Please RSVP Chapter Vice President Lynn Magnusson, ASA  by phone (973-425-1550), fax (973-425-1553) or email, and mail her your check payable to "ASA Northern New Jersey Chapter 73" by Friday, September 23, 2011.

June Meeting: Installation Dinner

The June chapter meeting will be held on Tuesday, June 28, 2011 at 6:00 p.m. at the Savini Restaurant, 168 West Crescent Ave, Allendale, NJ 07401 (Telephone: 201-760-3700).

Join us for the installation of the incoming 2011-2012 Board of Directors.

Enjoy an evening with friends, some light entertainment, the Savini's unique food, and an open bar. Dinner is $45.  Spouses and friends welcome!
The menu:

Cocktails and hors d'oeuvres

Four Course Dinner: Pasta; Salad; Choice of chicken, veal, filet mignon, salmon, red snapper, or shrimp; Coffee, tea, gelato

Unlimited wine, beer, and soda

 
Please RSVP Chapter Vice President Lynn Magnusson, ASA by phone (973-425-1550), fax (973-425-1553) or email, and mail her your check payable to "ASA Northern New Jersey Chapter 73" by Tuesday, June 21.

May Meeting: Valuing Historical Structures

The May chapter meeting will be held on Monday, May 23, 2011 at 6:00 pm  at Pal's Cabin in West Orange, NJ. The Executive Meeting is scheduled for 6:00 pm followed by Dinner at 7:00. The guest speaker is Joseph P. Novelli, ASA, owner of Midtown Contracting Corp. in New York City, who will talk about the "Unique Aspects of Valuing Historical Structures."

Mr. Novelli, who is certified as a General Real Estate Appraiser in both NY and NJ, is an ASA certified Machinery & Technical Specialties appraiser, specializing in cost surveys, who frequently serves as an expert witness. He has been a Senior Appraiser in the Construction Analysis Group at American Appraisal Associates and has also worked in the New York City area construction industry as a project manager and estimator. With a Fortune 500 roster of clients, he has evaluated many unique structures, including Harrah's Casino in Atlantic City, the Trump Tower in NYC, and Penn Station in Newark. Joe Novelli is a popular after-dinner speaker whose talks are "not to be missed."

The program qualifies for one hour of ASA Continuing Education Credit. Dinner is $30 person. Please RSVP Chapter Vice President Lynn Magnusson, ASA  by phone (973-425-1550), fax (973-425-1553) or email, and mail her your check payable to "ASA Northern New Jersey Chapter 73" by Friday, May 20, 2011.

March Meeting: Property Tax Grievances

The March chapter meeting will be held on Thursday, March 24, 2011 at 6:00 pm  at Pal's Cabin in West Orange, NJ. The Executive Meeting is scheduled for 6:00 pm followed by Dinner at 7:00. The guest speaker is William H. Merdinger, ASA, President of the Long Valley, NJ firm of Dickinson & McCormick, Inc., who will talk about "Residential and Commercial Property Tax Grievances."

Mr. Merdinger, who took his B.S. at Rutgers, has been active in real estate appraising since 1970.  A Certified Tax Assessor, he has served as Assessor for several New Jersey Townships, including Belleville, Glen Ridge and Mansfield, and has consulted for or been an expert witness for others.  His published and delivered papers include "Equalization in the Federal Courts," "Tax Abatements," "Business Enterprise Zones," and the "Newark Revaluation Impact."  Mr. Merdinger has also taught real estate fundamentals and specific valuation subjects for Rutgers, the NJ State Association of Assessors and elsewhere.

The program qualifies for one hour of ASA Continuing Education Credit. Dinner is $30 person. Please RSVP Chapter Secretary Lynn Magnusson, ASA  by phone (973-425-1550), fax (973-425-1553) or email, and mail her your check payable to "ASA Northern New Jersey Chapter 73" by Sunday, March 20, 2011.