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Members News Archives
The members of ASA's Philadelphia Chapter are always making news. Our dedicated professionals are in constant demand as guest speakers, visiting professors, teachers, journalists, and for radio and TV interviews. The most recent news items are on the News page. This page lists past items.
Robert M. Haas, Jr., ASA: 2015 Sinclair Award Winner!
The 2015 George D. Sinclair Professionalism Award was presented to Robert M. Haas, Jr., ASA by William P. Mitchell, ASA (far left) at the Chapter's November meeting. The Award, which was created by the Philadelphia Chapter in 2003, recognizes an individual -- not necessarily a Chapter member -- whose actions have enhanced the appraisal profession. (Learn more about the award.)
Mr. Haas is the President of the Jenkintown PA firm of Robert M. Haas Associates, Inc., which advises middle market companies on mergers and acquisitions and provides them with a wide range of business valuation services. Mr. Haas took his B.A. at Cornell, earned a J.D. cum laude at Boston University, and received his Master of Laws in Taxation from Temple. He is a well-respected speaker who has addressed bar associations, business clubs, graduate programs, and professional societies on valuation and strategic transaction planning and execution.
A longtime member and past President of the ASA Philadelphia Chapter, Mr. Haas has distinguished himself and the Chapter by organizing and presenting its prestigious Spring Business Valuation Seminar, which will hold its 11th annual meeting this April. The Seminar attracts high profile presenters and participants from across the country and abroad.
Congratulations to Bob Haas -- the 2015 recipient of the Sinclair Award!
September 2015: Installation of Officers; Albert Lazo on Accounting Standards
The September Chapter Meeting was held on Wednesday, September 16, 2015 at the Doubletree Guest Suites in Plymouth Meeting, PA.
In the photo above, outgoing President Eric Hencken, far left, swears in 2015-2016 Officers (from left to right), First Vice President Andrew Sherriff. Incoming President William Mitchell, Secretary/Treasurer Michael Cunningham, and Second Vice President Sheila Gorman. Third Vice President Megan Salehli is not pictured.
The guest speaker was Albert A. Lazo, Director of Valuation Services at Brinker Simpson & Company, headquartered in Springfield PA. Mr. Lazo is a leader of his firm’s valuation practice, which serves Fortune 500 and middle market clients. He gave an informative review of recent Accounting Standards Updates (ASUs) and their impact on business valuation.
ASA Philadelphia at the Barnes Foundation
The May 2015 Chapter Meeting was held at the Barnes Foundation’s Philadelphia Campus. The special meeting included a cocktail hour and the Chapter had exclusive access to the world famous art collection. A member of the museum’s staff gave an excellent talk describing the rare and unique items contained in the collection.
January Breakfast Meeting with Regional Governor Gary Snowdon
The Philadelphia Chapter held its annual January Breakfast Meeting on Wednesday, January 21, 2015 at the Doubletree Guest Suites in Plymouth Meeting, PA.
Over thirty members and their guests attended the meeting, which was free for members. The guest speaker was Gary Snowdon, ASA, Region 1 Governor and Principal Appraiser at the Albany, NY firm of Snowdon Valuation. Gary gave an insightful presentation on "Appraiser Fraud" and brought the Chapter up to date on recent activities throughout ASA. [top photo at left]
Afterward, Chapter President Eric Hencken presented ASA certificates to Frank Merenda [not shown] and J. Mark Penny, ASA [at left in bottom photo].
Mr. Merenda, ASA, who is the President of the West Chester PA firm of EAC Valuations LLC, earned his ASA (Accredited Senior Appraiser) designation in Machinery & Technical Specialties. He specializes in Machinery & Equipment appraising.
Past International ASA President Mark Penny added an ASA in Appraisal Review & Management to his previous accreditation in Business Valuation. Mark is a Managing Director of the Haddonfield NJ firm of Hempstead & Co. LLC. He joined a short list of fewer than two dozen appraisers nationwide qualified in Appraisal Review & Management, and the only one specializing in Business Valuation.
Congratulations to Frank and Mark!
Philadelphia Chapter Hosts Inaugural Service Event to Benefit Cradles to Crayons
On Thursday, December 11, the Philadelphia Chapter hosted a combined service event and happy hour in support of the local chapter of Cradles to Crayons. The event, held at the Great American Pub in Conshohocken, Pennsylvania, was an opportunity for members of the chapter to contribute cash or an article of essential children’s clothing to Cradles to Crayons while enjoying complimentary hors d’oeuvres and an open bar. Members who attended filled a large box with clothing and donated over $400 in cash for this worthwhile cause.
The mission of Cradles to Crayons is to “provide children from birth through age 12, living in homeless or low-income situations, with the essential items they need to thrive - at home, at school and at play. We supply these items free of charge by engaging and connecting communities that have with communities that need.”
The Philadelphia Chapter was proud to host this event and looks forward to making this an annual activity for its members.
Todd Jarden Advances to ASA
At the November Chapter Meeting
Walter O’Connell, ASA Talks About Cost Segregation
Chapter President Eric Hencken, ASA, near left, congratulates Todd Jarden, ASA on his advancement. A Colmar PA Business Valuation appraiser in private practice, Todd advanced from Candidate to ASA. Congratulations Todd!
The Guest Speaker was Walter O’Connell, ASA, (at right) Senior Consultant at the Wayne, Pennsylvania firm of Porto Leone Consulting, LLC. Walter talked about Cost Segregation and reviewed the basics of cost segregation in relation to commercial real estate depreciation for income tax purposes. He also discussed the valuation tools used in the development of a qualified cost segregation study.
Philadelphia Attends the 2014 International Appraisers Conference
1-Minute Videos: Two past Presidents of the Philadelphia Chapter, real estate appraiser Robert Luciani, ASA and personal property appraiser Rochelle Eisenberg, ASA, tell what ASA means to them.
Representing the Philadelphia Chapter at the ASA 2014 International Appraisers Conference in Savannah, GA were, from left to right, Nick Luceno; Sam Luceno, FASA; Andrew Sherriff, ASA, 2nd Chapter VP; Andrew Comly, ASA; Susan Golashovsky, ASA, International Secretary-Treasurer; Eric Hencken, ASA, Chapter President; Mark Penny, ASA, past International President; Paul D. Amenta; and Rob Luciani, ASA, past Chapter President.
Mark Penny Swears in 2014-15 Officers
The September Chapter Meeting was held on September 10, 2014 at the Doubletree Guest Suites in Plymouth Meeting, PA. At the Meeting, ASA Philadelphia Chapter 35 welcomed its new Officers, led by President Eric Hencken.
In the photo left, Past Regional Governor, J. Mark Penny, ASA, right, swears in the 2014-2015 Chapter Officers, Megan Salehli, ASA, Sec'y/Treasurer, Eric H. Hencken, ASA, President; William P. Mitchell, ASA, 1st Vice President. Officers unable to attend were Andrew G. Sheriff, ASA, 2nd Vice President and Sheila Gorman, 3rd Vice President.
The guest speaker was Bob Wegbreit of the West Conshohocken firm of GF Data Resources, LLC. Mr. Wegbreit, seen at right, provided real world insights about middle-market transactions and recent private company valuation trends.
Bob Wegbreit on Private Company Valuation Trends
2014 BV Seminar "A Stunning Success"
The Eighth Annual ASA Philadelphia Chapter Spring Business Valuation Seminar on Friday, May 2, 2014, was a stunning success by all accounts.
The all-day event, held at the DoubleTree Suites in Plymouth Meeting, Pennsylvania, and attended by approximately 50 appraisers whose practices extend along the entire eastern seaboard and west to Ohio, featured four acclaimed thought leaders as speakers.
The ASA Real Property Committee recently released a white paper outlining an updated and expanded Ad Valorem/Mass Appraisal designations. Philadelphia Chapter member Samuel F. Luceno, FASA, (at right in photo) who chairs the Committee, recommends an AppraisalBuzz article Ad Valorem/Mass Appraisal: A New Direction and Opportunity by Micheal R. Lohmeier, FASA, which describes the circumstances and logic behind the new designations. Mr. Lohmeier, also a member of the Real Property Committee, is Assessor for the City of Auburn Hills, Michigan. In brief, the new designations are Ad Valorem/Mass Appraisal – General, and Ad Valorem/Mass Appraisal – Residential, both of which have rigorous experience, education and examination requirements.
Mark Penny Swears in 2012-13 Officers
At the September 2012 Chapter Meeting, ASA Philadelphia Chapter 35 welcomed its new Officers, led by President Jeffrey Fuller.
In the photo, Past Regional Governor, J. Mark Penny, ASA, left, swears in the 2012-13 Chapter Officers, William P. Mitchell, ASA, 3rd Vice President, Andrew G. Sheriff, ASA, Sec'y/Treasurer, Jeffrey P. Fuller, ASA, President, Robert J. Luciani, ASA, 1st Vice President, and Eric Hencken, ASA, 2nd Vice President.
Susan Golashovsky Elected to Board of Governors
Susan M. Golashovsky, ASA, a personal property appraiser who has served ASA in many capacities, has been elected to the Board of Governors for Region 1. When not working with the clients of her eponymous Doylestown, PA appraisal consultancy, Ms. Golashovsky also serves ASA as Vice-Chair of the International Personal Property Committee and Chair of the International Ethics Committee. As a member of the Board of Governors, she can be expected to advocate for high standards of experience, ethics, and education. An exemplar of the "well-educated appraiser," she holds a Winterthur Museum certificate in American Material Culture and has earned ASA accreditation in multiple specialities. Raising the bar for standards, she is designated in Residential Contents-General, American Folk Art and Antique Furniture, and Antiques & Decorative Arts.
George C Hoez, Sr. ASA: 2011 Sinclair Award Winner!
The 2011 George D. Sinclair Professionalism Award was presented to Philadelphia Chapter member, George C Hoez, Sr., ASA by Chapter President Robert M. Haas, Jr. (left) at the Chapter's September 21 meeting. The Award, which was created in 2003 by the Philadelphia Chapter, recognizes an individual -- not necessarily a Chapter member -- whose actions have enhanced the appraisal profession. President of the Croydon, PA K&A Appraisal Company, George appraises commercial and residential real estate in Bucks, Chester, Delaware, Montgomery and Philadelphia Counties. A long-time ASA member, he also holds IRWA and MAI designations. As the 2011 recipient of the Sinclair Award, George C Hoez is both honored by and does honor to the award.
Rochelle Eisenberg Tells "How to be a Savvy Collector"
Rochelle Eisenberg at Jasna Polana with the principals of Princeton Global Asset Management: Paul Gerard, CEO; Adolf Herst, President; Joel Heymsfeld, CIO; Walter Russyk, COO and Daniel Goldman, MD/Business Development.
Personal property appraiser Rochelle Eisenberg, ASA visited Jasna Polana, the former Johnson family estate in Princeton, NJ, where she told Princeton Global Asset Management clients "How to be a Savvy Collector." Rochelle discussed the aspects of collecting and emphasized the need for insurance based on a current replacement value appraisal. The presentation was well received. "Rochelle is a valuable asset and wonderful representative for your organization," wrote PGAM principal Daniel Goldman in a congratulatory follow-up. "I am truly impressed!"
Luceno Earns Coveted FASA Designation
Samuel F. Luceno was recently elected into the College of Fellows of the American Society of Appraisers, and was awarded the coveted Fellow Accredited Senior Appraiser (FASA) designation. Fellowship is the highest honor bestowed by the Society on a member and recognizes the professionalism and invaluable contributions the member has made. Earning the FASA makes Mr. Luceno one of a small, select group of Members that currently hold this honor. A member since 1985, he had previously been designated as an Accredited Senior Appraiser (ASA) with the Society having earned accredidation in both Urban Real Porperty and Machinery & Equipment. The new Fellow said recently "ASA ... enables me to grow both professionally through its educational programs and associations with other appraisal professionals in all disciplines, and personally through my involvement in the chapter, discipline,and national arenas."
Award Winning Chapter (Again)
At the ASA International Appraisal Conference held in Orlando, FL in July 2009, The Philadelphia Chapter won the Best Chapter Directory Award, and received Honorable Mention for Best Chapter Public Relations Award. In previous years, the Chapter won Best Chapter and Best Mentor Program Awards.
Property appraiser Susan M. Golashovsky, ASA didn't get to sleep in President Obama's antique tall post bed, which was resized and sold by Leonards New England. But she was called in to offer her professional opinion on selecting a restorer for antique beds and furniture.
"Although you may shop for affordability, this should not be the only factor in hiring a restoration expert," says Susan Golashovsky, an independent appraiser in Doylestown, Pa. "You should look for someone who is experienced in working with antiques."
Read Susan's full remarks and the intriquing story of Obama's "new" antique bed in Jeff Schnaufer's article, Dreams of an antique bed which first appeared in the February 20, 2009 Home & Design section of Philly.com.
Chapter Supports George Sinclair Fund
At a time when true heroes and great leaders are hard to find, the Philadelphia Chapter is fortunate to have had among its members George D. Sinclair, FASA (1925-2005), whose example continues to inspire. To carry on George's tradition of generous mentoring, the Chapter established a George Sinclair Memorial International Education Fund in 2006, making the initial contribution. The Fund, which is administered by ASA, provides tuition assistance to qualified international applicants, including most recently to Machinery & Technical Specialties Candidate, David Mbindyo of Kenya.
This year, with the economy making scholarships more important than ever, the Philadelphia Chapter is pleased to announce a grant-in-aid to the George Sinclair Fund of $750.
Past Regional Governor J. Mark Penny, ASA of Hempstead & Co., Inc. in Somerdale, New Jersey has also made a generous contribution, donating the $250 honorarium he received for conducting the recent USPAP Update Course.
ASA members and the public are encouraged to support the fund too. Donations to the George F. Sinclair, FASA International Studies Fund can be sent payable to "ASA Chapter 35" to ASA-Philadelphia, 8 Terrace Road, Plymouth Meeting, PA 19462, or payable to "ASAEF" to ASA Educational Foundation, 555 Herndon Parkway, Suite 125, Herndon, VA 20170.
Family Circle magazine, the best-selling women's magazine in America, with more than 4,000,000 subscribers, recently featured three of our own Personal Property gurus in a roundup of America's "Trusted Appraisers." And the trustworthy trio comprises Rochelle Eisenberg, ASA, Susan Golashovsky, ASA and Judith Lepow, ASA. Congrats to all!
Rochelle Eisenberg, ASA, the principal of Art Directives, Inc. in Fort Washington, PA has had a busy Fall, teaching at the University of the Arts in Philadelphia and writing for the Montgomery Newspapers in addition to managing her firm of art appraisers and consultants. Rochelle, who is accredited in Antiques & Decorative Arts as well as Residential Contents, offered The Art of Becoming a Savvy Collector four Thursdays in October and November at the University of the Arts. Besides learning the determinants of value, Rochelle's students got guidance on how, what and where to buy, how to downsize, and how to sell for maximum return. Rochelle's article, Valuing Your Valuables, through Life's Changes in the Montgomery Newspapers' special Arts and Antiques section gave readers practical advice on managing their collections.
O. John Ohanian, ASA: 2010 Sinclair Award Winner!
The 2010 George D. Sinclair Professionalism Award was presented to longtime Philadelphia Chapter member, O. John Ohanian, Jr., ASA at the Chapter's May 19 meeting. The Award, which was created in 2003 by the Philadelphia Chapter, recognizes an individual -- not necessarily a Chapter member -- whose actions have enhanced the appraisal profession. The Director of Financial Valuation Services at the Colmar, PA firm of Pritchard, Bieler, Gruver & Willison, PC, John has been engaged in the valuation of closely held businesses and intangible assets since 1978. As the 2010 recipient of the Sinclair Award, John Ohanian is both honored by and does honor to the award.
Ms. Golashovsky, who says the economy has depressed the market for mid-priced antiques and decorative arts, is quoted extensively by Caroline Tiger in her May 1, 2009 article, "In tough times, people cull their stuff for quick cash" for the Philadelphia Inquirer. Calls about selling have gone from one a week to one a day, says Ms. Golashovsky, and they're usually about mid-priced pieces. To determine whether the caller is desperate to sell, her first question now is "Why do you need the appraisal?" She used to ask "What do you have that you want me to appraise?" Deploring the frenzied marketplace, she says "It's upsetting. It's gotten to the point where I don't want to pick up the phone."
Ms. Golashovsky is one of the Philadelphia Chapter's most quotable notables. Just after President and Mrs. Obama moved into the White House, Susan was called upon to discuss the stretched antique tall post bed delivered to 1600 Pennsylvania Ave by Leonards New England. Read more...
Deja Vu All Over Again for BV Seminar
Kudos once again to Robert M. Haas, Jr. ASA, for coordinating another tremendously successful two-day Business Valuation Seminar on Thursday, April 23 (Theory and Practice of Monte Carlo Simulation), and Friday, April 24, 2009 (Real Options Valuations) at the Doubletree Guest Suites in Plymouth Meeting, PA. Using hands-on exercises and case studies to examine the effect of uncertainty on value, instructors David Ewert, Ph.D, President of Atwood Conger & Ewert, LLC and Kevin P. Couillard, ASA, Executive Director of FairValue Advisors, LLC, taught participants to use statistical models and tools to evaluate today's complex businesses.
Harry Marder, ASA: 2009 Sinclair Award Winner!
The 2009 George D. Sinclair Professionalism Award was presented to longtime Philadelphia Chapter member, Harry Marder, ASA, IFA at the Chapter's May 20 meeting. The Award, which was created in 2003 by the Philadelphia Chapter, recognizes an individual -- not necessarily a Chapter member -- whose actions have enhanced the appraisal profession. Harry, the principal of Anchor Realty in Elkins Park, PA, is a residential real property appraiser licensed in both Pennsylvania and New Jersey. In the photo, Harry holds the Award trophy and accepts hearty congratulations from 2006 Sinclair Award recipient and fellow real property appraiser Samuel F. Luceno, FASA (left). As the 2009 recipient of the Sinclair Award, Harry Marder is both honored by and does honor to the award.
Seminar Coordinator, Robert M. Haas, Jr., ASA, must be feeling mighty proud. The daylong Business Valuation Seminar at the Doubletree Guest Suites Hotel in Plymouth Meeting, PA was well-attended and earned kudos all around. Over fifty BV appraisers and related professionals attended the Seminar on April 18, 2008, which covered tools and techniques, contemporary analyses, and case studies in evolving areas of business valuation.
A special thanks to all the Chapter members who volunteered to man the ASA Booth at the Philadelphia Bar Association Bench/Bar Conference in Atlantic City, NJ the weekend of September 19-20. They made it possible to put the Chapter Directory in the hands of over 400 attorneys, paralegals, and other professionals attending the conference.
This month's meeting speaker was just as exceptional. Shirley Sue Swaab, ASA, gave a hands-on presentation entitled A Collector's Unusual Collection at our November 14 meeting. Chapter President Robert Ardinger, ASA, in the November Newsletter.
Shirley Sue Swaab, ASA has appeared at museums and historical societies from New Jersey to Florida, from Washington, DC to California. Her hallmark is the use of items from her own collections to create hands-on presentations. In November, she took time out from her busy schedule of lectures and seminars, to provide participants at the Chapter meeting with a hands-on opportunity to learn about A Collector's Unusual Collection.
Shirley Sue Swaab, ASA talks to ASA Philadelphia Meeting participants about one of the paintings in her Unusual Collection.
Ms. Swaab's presentations always draw a crowd. Learning about a Collector's Unusual Collection at the November Meeting 2007 of ASA Philadelphia were, from left to right, Applicant Matthew Hartland, Judy Lepow, ASA, Associate Linda Roller, Chapter Counsel Robert Maher, Esq., Rochelle Eisenberg, ASA, Susan M. Golashovsky, ASA, Candidate Dorrance V. Reese, Associate Lawrence Arrigale, and Candidate Roslyn S. Hahn.
Judith Lepow, ASA is teaching a course on Antiques on four Thursdays in October and November 2007 as part of the Life Long Learning program at the Betty and Milton Katz Jewish Community Center at 1301 Springdale Rd, Cherry Hill, NJ 08003. Participants learn "how to discover the value of fine art, antiques, furniture, decorative art and Judaica" from Ms. Lepow, an ASA-accredited personal property appraiser specializing in fine art. Ms. Lepow is the President of Galman Lepow Associates, Inc., a Cherry Hill firm specializing in personal property appraisals and art consultations. Her firm has managed acquisitions and cataloging for some of the Delaware Valley's most prestigious corporate art collections. Additional details, including tutition, and registration information is available in the Life Long Learning course catalog [PDF].
Barry S. Slosberg, ASA is both an ASA-accredited personal property appraiser specializing in antiques & decorative arts and a Life Member of the National Auctioneers Association. His dual qualifications got him the job of helping former 76ers star Allen Iverson and his wife Tawanna sell the furnishings of their Villanova mansion. Included in the September 2007 sale at the Port Richmond gallery of Barry S. Slosberg, Inc., Auctioneers & Appraisers were fur coats, designer shoes and a child-sized Maserati from the 2001 MVP's Gladwyne home. Barry's other big auction in September was a benefit art auction at the Wetlands Institute in Stone Harbor, NJ. When Barry's not wielding the auction gavel, you can often find him at the lectern, as when he took a turn teaching an Antiques Appraisal Workshop at the Hatboro-Horsham Adult Evening School in Horsham, PA.
Herndon, VA (ASA) September 12, 2007 -- The American Society of Appraisers announced today the appointment of three members of Philadelphia Chapter 35 to its International Personal Property Committee. Susan M. Golashovsky, ASA was named Secretary of the Committee. Also named to the Committee were Rochelle Eisenberg, ASA and Judith Lepow, ASA of Chapter 35.
Ms. Golashovsky, who operates her own personal property and consulting service in Doylestown, PA, also serves on ASA's International Ethics Committee, and is a past President of ASA's Philadelphia Chapter. ASA-accredited in American Folk Art, Antique Furniture, and Residential Contents, she is also Winterthur-certified in American Material Culture. She is a past Vice President and active in the Bucks County Antiques Dealers Association.
Ms. Eisenberg, who is the principal of Art Directives, Inc., the Fort Washington, PA firm of art appraisers and consultants, has served ASA locally and internationally in several capacities, including as President of the Philadelphia Chapter. Accredited in Antiques & Decorative Arts as well as Residential Contents, she has studied at Winterthur, the Barnes Foundation, the University of Pennsylvania, the New School in NY, and taught at George Washington and Temple Universities and the University of Pennsylvania.
Ms. Lepow, First Vice President of the Philadelphia Chapter for 2007-8, is President of the art appraisal and consulting firm of Galman Lepow Associates in Cherry Hill, NJ. ASA-accredited in Fine Art, Ms. Lepow studied at Winterthur and served as guide in the Philadelphia Museum of Art.
Seminar participants learned to distinguish between porcelain and pottery, hard and soft paste and between various types by handling items from Ms. Swaab's personal collection, examining objects and glazes up close, and by comparing similar pieces to each other. Held at the historic Joseph Ambler Inn in North Wales, PA, the seminar included breakfast, lunch, and snacks, and provided up to 7 hours of Continuing Education Credit. The only question: What will Shirley get her hands-on next?
Participants earned up to 7 hours of Continuing Education Credit in five sessions covering tools and techniques, contemporary analyses, and case studies in evolving areas of business valuation. Philadelphia Chapter member John J. Barton, ASA, whose presentation opened the conference, says the enthusiastic response warrants another joint seminar in the near future.
On May 12, 2006, the ASA Philadelphia Chapter hosted a Silver Seminar for personal property appraisers and collectors. Produced by the Chapter's doyen of Personal Property, Shirley S. Swaab, ASA, the Seminar was a hands-on treat for participants. Ms. Swaab brought in silver pieces for examination, and others brought their own silver to share, including some rare antique Sheffield.
Shirley also brought in books on makers marks, and distributed her own paper on silver marks to a capacity crowd consisting of Philadelphia Chapter members, members of the Personal Property Committee, including Chair, Sandra J. Tropper, ASA, AAA, and ISA appraisers, and many collectors. Shirley took away a long list of enthusiasts hoping to attend her next Personal Property event!
Participants at Shirley Swaab's hands-on Silver Seminar enjoy passing the plates and other silver objects.