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ATTENTION:
Contractors and AffiIiated Businesses
Call 718-356-2323
to Iearn how
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NETWORKING PLUS
THURSDAY, FEBRUARY 21
Time: 8:15 a.m.
Location: Golden Dove, 3281 Rich-
mond Ave.
For information, call 718-966-6289
COMMUNITY
RESOURCES 11TH
ANNUAL PASTA BOWL
SUNDAY, FEBRUARY 24
Time: 9:00 a.m.
For information, call 718-447-5200
x206
24-7
NETWORKING SALES
MONDAY, FEBRUARY 25
Time: 9:00 a.m.
Location: Z-One Restaurant, Rich-
mond Ave.
For information, call 973-697-8872
WORLD OF WOMEN
MONTHLY MEETING
MONDAY, FEBRUARY 25
Time: 7:00 p.m.
Location: Marina Grand, Mansion
Ave.
For information, call 718-948-8175
CHAMBER: BUSINESS
AFTER HOURS
TUESDAY, FEBRUARY 26
Time: 5:30 7:30 p.m.
Location: Berlin Lodge, 1465 Manor
Rd.
For information, call 718-727-1900
WBCLDC SEMINAR:
BECOME A
CERTIFIED MWBE
WEDNESDAY, FEBRUARY 27
Time: 10 a.m. 12:00 p.m.
Location: 705 Forest Ave., 2nd Fl.
For information, call 718-816-4775
PARAMOUNT ORAL
SURGERY STUDY CLUB
WEDNESDAY, FEBRUARY 27
Time: 6:00 p.m.
Location: 201 Edward Curry Ave.,
Suite 101
For information, call 347-354-2228
NEW DAY
TOASTMASTERS
THURSDAY, FEBRUARY 28
Time: 7:00 p.m.
Location: SI Univ. Hosp., Seaview
Ave.
For information, call 347-265-1161
Business calendar
EVENTS
Continued from page 14
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FEBRUARY 2013 BUSINESS TRENDS 17
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U.S. Chamber visits Staten Island
JANET DUGO/Business Trends
The U.S. Chamber of Commerce sent a delegation to tour areas of Staten Island devastated by Super-
storm Sandy, to hear about local relief efforts, and to assess ways they might assist. Pictured, SI Not-
for-Profit Association Executive Director Vin Lenza explains the ways his membership have been work-
ing to address needs, as SI Chamber Board Chair Ralph Branca of Victory State Bank, LauraJean Wat-
ters of the SI Foundation and Mary McLaughlin of the SI Chamber look on.
By JOHN J. VENTO
As you assemble the paper-
work youll need to file your 2012
tax return, take a minute to re-
view some last-minute moves you
could make to cut last years tax
bill. Also, pay attention to deduc-
tions you shouldnt overlook.
Heres a quick checklist.
The American Taxpayer Relief
Act, signed into law on January 2,
2013, has some tax-savers for 2012.
The law restored for 2012 through
2013 the following tax breaks:
n The optional deduction for
state and local sales taxes in lieu
of deducting state and local in-
come taxes
n The above-the-line deduction
for up to $4,000 for qualified tu-
ition and related expenses
n The above-the-line deduction
for up to $250 of classroom sup-
plies purchased by teachers
n The exclusion from income
for cancellation of mortgage debt
of up to $2 million on a principal
residence.
n The deduction for mortgage
insurance premiums.
n The tax credit for making en-
ergy-saving home improvements.
If youre in business, the new
law included some tax breaks you
shouldnt overlook. The first-year
expensing option for equipment
purchases in 2012 was increased
to $500,000, with a $2,000,000 total
limit.
The research tax credit, the
work opportunity credit, and the
15-year recovery period for quali-
fied leasehold and retail improve-
ments and qualified restaurant
property were all made available
for 2012.
If you qualify, you have until
April 15 to make a deductible 2012
IRA contribution. The maximum
2012 contribution is $5,000 if
youre under age 50 and $6,000 if
youre 50 or older.
The $2,500 deduction for stu-
dent loan interest is still available
for 2012 and can be taken even if
you dont itemize deductions on
your return.
The tax law gets more compli-
cated every time Congress passes
another bill, but dont let your tax
bill creep higher than necessary
through oversight.
John J. Vento is a certified public
accountant in private practice and
president of Comprehensive Wealth
Management, Ltd. He may be
reached at (718) 980-9000 or via
email at john@ventocpa.com.
18 BUSINESS TRENDS FEBRUARY 2013
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FEBRUARY 2013 BUSINESS TRENDS 19
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HENRY SALMON
Big Tent Judaism/Jewish
Outreach Institute
Big Tent Judaism/Jewish Out-
reach Institute announced that
Henry Salmon has joined its
board of directors. Salmon
earned a Bachelors Degree in
real estate and urban develop-
ment from American University
and an MBA in finance and mar-
keting from Cornell University.
Since 1985, he has been presi-
dent and chief appraiser for Equi-
ty Valuation Associates, Inc., a
firm that performs commercial,
industrial, and residential real es-
tate appraisals in New York and
New Jersey.
He has served in numerous
leadership positions and won
multiple awards for his service to
Staten Island and beyond. He is
immediate past board chair of
the Staten Island Museum and
winner of the museums Leng
and David Award.
ANDREW C. CARRO
Point Vantage Employee
Benefits & Financial Services
Point Vantage Employee Bene-
fits & Financial Services an-
nounced the appointment of An-
drew C. Carro as vice president of
its newly-established Property &
Casualty Division, where he will
specialize in commercial, person-
al and professional liability insur-
ance and workers compensation.
Carro served in the United States
Army and graduated from Fort
Sill, Okla., in 2005 as a fire sup-
port specialist. He ended his ca-
reer with the U.S. Army in 2008,
graduating as a sergeant.
He then attended Phos Insti-
tute for Insurance graduating
with a license in property and ca-
sualty insurance.
ELIZABETH (LIBBY) TRAYNOR
Staten Island Mental Health Society
The Staten Island Mental
Health Society has named Eliza-
beth (Libby) Traynor, LCSW, as
its new senior vice president for
behavioral health services. This
division of the SIMHS is com-
prised of 14 mental health and re-
lated programs that last year
served 2,500 children and
teenagers, and their families.
Traynor had been the director
of both the SIMHSs On-Site
School-Based Mental Health Pro-
gram, and its Summer Therapeu-
tic Program since 2006, after
serving as assistant director of
both programs for the previous
two years.
She began her career at the
mental health society in 1998 as a
senior social worker and supervi-
sor at the agencys St. George-
based PASS and Teen Center pro-
grams, where she provided alco-
hol/substance abuse prevention
and treatment services to adoles-
cents.
Traynor received a BA from
Marquette University in Milwau-
kee, Wisc,, and a Masters degree
in social work from New York
University. She attended Rutgers
University for alcohol/substance
abuse training and participated
in the Executive Director Train-
ing Program at the Baruch Col-
lege School of Public Service &
Education & the Partnership for
After-School Education.
She has also served as co-chair
of the NYC Citywide Committee
of School-Based Mental Health
Providers.
NEW EXECUTIVE DIRECTOR
On Your Mark
The founder of On Your Mark,
the Staten Island-based charity
that responds to the needs of
those with development disabili-
ties and their families, has retired
from his longtime post as execu-
tive director. Eugene Spatz
launched the organization in
1979.
Filling the gap left by Spatzs
departure is newly-elected West-
erleigh resident John Bilotti. An
alumnus of New York University
School of Continuing Education
and Pace University, Bilotti has
been working on behalf of On
Your Mark since being elected to
its board of directors in 2004.
Since then, he has served as a
board chairman, member of the
On Your Mark Executive Board
and, most recently, as the organi-
zations associate executive direc-
tor.
Also, recently appointed to On
Your Mark executive posts are:
Joseph DeVivo of West Brighton,
associate executive director; and
James Allocco of New Dorp,
deputy executive director.
on the job
land, Lajka didnt have flood in-
surance for his salon. While the
store suffered wind damage that
would have been covered by his
insurance, it wasnt enough to
justify filing a claim and paying
his deductible. Grants and FEMA
assistance werent options.
When I walked in, it was very
upsetting, he said. I sat there
for about a half hour, going
through a kind of grief.
Lajka had no choice. If he
wanted to re-open Avanti Hair
Salon, he would have to do it with
his own money, with the help of
friends, family and the Staten Is-
land community. Volunteers
helped the salons staff clean the
building, removing mud, power
washing the building, disinfect-
ing the inside and drying it out.
For 15 straight days, from morn-
ing to night, the group worked re-
lentlessly to allow the salon to re-
open, at least in part, as soon as
possible.
We did pretty well, thanks to
the support we got, Lajka said.
It was an amazing thing to see
something like that come togeth-
er. Im trying to bring back the
memories. I dont like to think of
what happened. I like to think for-
ward. We need to look to tomor-
row and see how we can put
things together.
Avanti Hair Salon was one of
the first businesses in the region
to re-open following the storm.
After those 15 days of cleanup,
Lajka opened half the store to
clients, who were happy to return
and support the business. While
clients were being served on one
half, the other half was being re-
furbished. Today, the salon is fully
operational.
If I didnt have family and
friends come, I wouldnt have
been able to move forward at all,
Lajka said.
The spirit of Staten Islanders
has shone through during the
storms aftermath, with stories of
volunteerism and lending a help-
ing hand abounding everywhere
you go. Even those who were af-
fected the most by Sandy have
given back in their own special
way. On Sunday, Jan. 13, Lajka
held a benefit at the salon for
Sandy victims, and he hopes to be
able to continue to provide such
support.
Its the greatest feeling in the
world to help out others. Its not
about how much you get; its the
feeling that we were able to give
back, he said. You see it on TV,
you see it in newspapers, but
when it hits you, you know the
real feeling. Hearing what our
people went through, and seeing
what they went throughits not
fair whats happening on this Is-
land over here, as far as help from
anyone.
Avanti Hair Salon was able to
bounce back so quickly because
of this community support, and
because Lajkas friends and fami-
ly were so willing to help. And,
much like hes done for his entire
professional life, Lajka isnt sit-
ting back and relaxing now that
hes back on his feet. Hes plan-
ning another expansion to the
salon that will allow it to provide
a wider array of services and
bring it up to date with the
newest features.
Staten Islanders have given
me so much, and I want to give as
much as I can back to them,
Lajka said. We have to move for-
ward and give the best we can
with the times we have ahead.
20 BUSINESS TRENDS FEBRUARY 2013
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AVANTI
Continued from page 1
FEBRUARY 2013 BUSINESS TRENDS 21
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SI Chamber of Commerce
By Appointment
718-979-5163
Staten Island Chamber inducts new board of directors
JANET DUGO/Business Trends
The Staten Island Chamber of Commerce inducted a new Board of Directors during a breakfast meeting
at the Grand Oaks Country Club. Pictured are the newly-installed Executive Board: Chairman Ralph
Branca of Victory State Bank, attorney Annamarie Gentile, architect Glen Cutrona and Michael Assenza
of Stat-Land Security Systems.
and repair.
Right now, were just in the
process of helping our businesses
get back on their feet, said Linda
Baran, president and CEO of the
Staten Island Chamber of Com-
merce.
There were 1,000 businesses lo-
cated in Zone A, the area of the
city that includes all low-lying
coastal areas, according to the
citys Economic Development
Corporation. But businesses in
Zone B, and even some in Zone C,
were affected by the storm as
well.
Those that were affected had to
replace big-ticket electrical and
equipment items, inventory and
wiring within their buildings.
With a lack of financial assis-
tance from insurance or FEMA,
most businesses that have re-
opened, or plan to, fended for
themselves.
Most of the people that are up
and running again have dipped
into their own pocket to do so,
Baran said. Money is a need.
There are time constraints, but
businesses need capital. Cash
flow is a big problem.
For the real estate market, 2012
was a year of recovery in its own
right, and while the market was
trending upward as the year
closed, the short- and long-term
effect the storm will have on the
industry is uncertain.
Its hard to say what (the
storm-effected) areas going to
look like, market wise. Its too
soon just yet, said Traci A. Can-
giano, president of the Staten Is-
land Board of Realtors. Were
seeing a soft recovery and a soft
flow in the areas that were affect-
ed.
The Staten Island real estate
market has been on an upswing
for the past few quarters. Decem-
ber saw a 14.8 percent increase in
closings over the year before, a 5.4
percent increase in median sales
price and a 27.9 percent drop in
inventory. New listings in the bor-
ough decreased by 21.5 percent,
and pending sales increased 20.8
percent.
Cangiano, who has been in the
real estate business for 14 years
and has been a broker/owner for
almost seven, said low interest
rates have significantly driven
the uptick in the local market.
The market was moving at a fast
pace coming out of summer and
into the fall, but the storm defi-
nitely stopped everything in its
tracks, she said.
Deals that were under contract
had to get another inspection
completed post-storm to ensure
they were still OK to close, and
others had to be halted altogether
because of the damage.
Still, Cangiano said she expects
the boroughs real estate market
to bounce back nicely as the dust
continues to settle.
Over at the Chamber, Baran
and her team are doing their best
to serve as an information re-
source and referral center for
businesses throughout the Island.
The Chamber has connected busi-
nesses with National Grid for
boiler replacement grant pro-
grams, for example, and is work-
ing with the Five-Borough Cham-
ber to receive recovery funding
from TD Bank.
The Chamber and other busi-
ness organizations are just begin-
ning the conversations about how
the coastline can recover from
Sandy, but a lot of what happens
depends on how the federal gov-
ernment ends up labeling the
flood zones, Baran said.
Locally, I believe that people
want our neighborhoods to be
built to withstand future storms,
she said. Personally, Im con-
cerned that when the money
comes down that, as an outer bor-
ough, were able to get the
money.
Aside from post-storm recov-
ery, Baran said the Chamber is fo-
cused on educating themselves
and their members about the
state health exchange, which will
go into effect in January 2014.
New details about the program
are coming down the pipeline
every day, she said, so theyre
working on versing themselves to
better serve their members.
In addition, the Chamber will
continue to press on relief from
tolls a constituency will travel to
Albany for that purpose this
month and keep a keen eye on
this years mayoral election.
But as hard as anyone tries to
turn elsewhere, the main focus
for Staten Island for the foresee-
able future will be on the bor-
oughs continued recovery from
Hurricane Sandy.
Were a resilient town. When
Staten Island recovers, as a
whole, well see a complete mar-
ket recovery as well, Cangiano
said. With everybody working
togetherwere trying to put our
Island back together.
22 BUSINESS TRENDS FEBRUARY 2013
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Attorneys at Law
34 Dumont Avenue
Staten Island, New York 10305
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Focus remains on recovery
OUTLOOK
Continued from page 1
Visit us on the Web at www.sibiztrends.com