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THE REAL ESTATE INSTITUTE AT STONY BROOK UNIVERSITY
James R. MacCrate

Jim MacCrate, MAI, CRE, ASA owns his own boutique real estate valuation and consulting firm serving the New York Metropolitan market. His firm specializes in complex valuations issues affecting real estate, limited partnerships, and real estate operating companies. He has also written articles on real estate valuation, including two chapters in the Third Edition of The Cost of Capital, compiled by Roger J. Grabowski, ASA and Shannon P. Pratt, published by J. Wiley & Sons, Inc., 2008.

He was formerly Vice President and Chief Appraiser at European American Bank (EAB), after a long association with the MacCrate organizations, established by his father and expanded with Jim's assistance during the 1970's & 1980's. At EAB, he expanded his foundation of knowledge in real estate lending, underwriting and due diligence.

Jim spent many years as the Practice Leader of the Northeast Real Estate Valuation/Advisory Group at Price Waterhouse LLP and subsequently at PricewaterhouseCoopers LLP. He has supervised and performed real estate consulting/valuation assignments for private, corporate, institutional, not-for-profit corporations, and governmental institutions on all property types, including luxury single family homes, real estate operating companies, and family limited partnerships, allocation of shares for UPREITs, swaps and portfolios.

And he has presented seminars on many topics including land valuation, automated valuation, and the Internet's application to real estate companies. You can view a list of his speaking engagements, seminars and published articles
here. He previously served on the Nassau County Board of Assessors and as a Commissioner on the Assessment Review Commission.
BOARD MEMBERS
 
OFFICERS
Chairperson Charles  A. Rich * CA Rich Consultants, Inc.
Vice Chair Robert T.  Coughlan * Tritec Real Estate Company
Secretary Robert V.  Guido, Esq. * Jaspan Schlesinger, LLP
Treasurer Vincent Giovinco * New York Community Bank
COMMITTEES
Business Plan Committee Robert V.  Guido, Esq. *
Education Barry  Stein
Endowment John J.  Gutleber
Events John J.  Gutleber
Governance/Nominating James M.  Murphy, Esq.
Internship James  Carpenter
Marketing Richard J.  DiGeronimo
Membership Stanley  Greenstein
Transitions James M.  Murphy, Esq.
Sponsorship Patricia Janco-Tupper
White Paper James M. Murphy, Esq.
DIRECTORS
Ira J.  Adler, Esq. * Certilman Balin Adler & Hyman, LLP
Jeffrey  Barber Gold Coast Bank
Peter M.  Boger * Ridgewood Savings Bank
Mark  Bosswick Berdon, LLP
John R. Bransfield, Jr. New York Community Bank
Thomas  Calabrese Daniel Gale Agency, Inc.
James  Carpenter New York Community Bank
John  Coffey Madison National Bank
John E. Damianos Damianos Realty
Richard J.  DiGeronimo R.D. Geronimo, Ltd.
Peter  Elkowitz Long Island Housing Partnership
Donald  Eversoll Timber Ridge Homes
Vincent J.  Ferro, Esq. First American Title Insurance Co. of New York
Patrick Fogarty Fogarty Advisory
Kathleen  Giamo * The Giamo Group
Vincent Giovinco New York Community Bank
Jane  Greenstein The Great Green Race
Stanley  Greenstein The Seldin Organization, Inc.
William  Greiner Greiner-Maltz Real Estate
Edward J. Gutleber Meyer, Suozzi, English & Klein
John J.  Gutleber Castagna Realty
Daniel  Gulizio Suffolk County Planning Dept.
Patricia Janco-Tupper Deutsche Bank Private Wealth Management
James R.  MacCrate MacCrate Associates
Stuart M. Mordfin, CPA Mordfin Group
James M.  Murphy, Esq. * Murphy & Lynch, P.C.
William J.Newham III Bridgehampton National Bank
Jack  O'Connor Newmark Knight Frank
Ludwig Odierna Custom Funding Corp.
John T. Proscia Sutton & Edwards Management, LLC
Lee Rosner Coldwell Banker Commercial Rosner & Associates
Ray Ruiz Jones Lang LaSalle
Patricia Santoli Wells Fargo Bank
Henry C.  Schreiber, Jr. Henron Development
Denise M Smyth Bank of America
Michael Harris Spector Spector Group
Martha Stark Signature Bank
Barry  Stein * Rohman Stein Associates
Michael Stoler Madison Realty Capital
Peter Tilles The Tilles Investment Commpany
Steven M.   Zarkin Ridgewood Savings Bank
* Executive Board Member
 
 
 
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