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Free Business Help in Bay Ridge, Brooklyn Underscores 1st Anniversary of Preschool in Bensonhurst

Brooklyn, BUSINESS, BUSINESS ADVICE Sep 18, 2014 No Comments

Small Business Development Center assists experienced pre-K teachers in setting up and growing Little Brilliant Minds 

Joann Serra, left, and Francesca Gambino, co-owners of Little Brilliant Minds, prepared to greet students and families during the preschool’s grand opening in September 2013.

Joann Serra, left, and Francesca Gambino, co-owners of Little Brilliant Minds, prepared to greet students and families during the preschool’s grand opening in September 2013.

BROOKLYN, N.Y. – As seasoned prekindergarten teachers, Francesca Gambino and Joann Serra were well aware of the ingredients needed for a nurturing pre-school environment.

When they decided in 2011 to open a school of their own, however, their mutual track record of success in early childhood education wasn’t enough: The pre-K educators required expert guidance in the startup and management of a business.

“We looked at potential sites for our school, and when we narrowed it down to a handful of possibilities, we realized we couldn’t move forward without expert help,” said Ms. Gambino, who with Ms. Serra marked the first anniversary of their Brooklyn preschool, Little Brilliant Minds, on Sept. 3. “We’re professionals at running a classroom but we didn’t know anything about running a business. We knew very early in the game we would need assistance in order to succeed.”

The women found the help they required from George Telmany, a certified business advisor with the Small Business Development Center (SBDC) in Brooklyn, an organization which provides aspiring and established  small-business owners with a wide array of cost-free confidential guidance and technical assistance.

The satellite office, located in the Santander Building, 9512 Third Ave., Bay Ridge, is a branch of the Staten Island SBDC (SI SBDC) based at the College of Staten Island.

“George has been with us since the beginning,” Ms. Serra said. “I can’t believe what he and the SBDC have helped us to accomplish. A year ago, it looked like our doors might never open. But here we are today, fully staffed, fully enrolled – and with a waiting list. It all feels like a dream.”

GETTING STARTED IN BUSINESS

One of the first steps toward opening the school was choosing a well-suited location, Telmany said.

With his guidance, the women eventually decided upon a street-front location at 5916 20th Ave. in the Brooklyn neighborhood of Bensonhurst.

“We worked closely with Francesca and Joann to build a customized cash-flow template that allowed them to analyze the expected financial challenges of particular locations,” Telmany said. “The first year for any business is typically extremely difficult, so I am thrilled with their success as they celebrate their first-year anniversary, and I will remain a resource for them as their business continues to grow.”

Ms. Gambino described Telmany’s guidance as an “invaluable resource,” helping to create a business plan while addressing cash-flow considerations involving general startup expenses, such as construction costs, marketing strategies, personnel development, and more.

Staffed by experienced educators who are certified in early childhood education, Little Brilliant Minds provides programs for toddlers (2 to 3 years old) and preschoolers (4 to 6) within a safe and nurturing environment.

“Fran and Joann have used their experience, hard work and commitment to excellence to forge their own brand, Telmany said. “It is great to see young entrepreneurs make such a valuable contribution to the community.”

With their 1-year-old enterprise exhibiting a potential for expansion, a future goal of the business partners is to open a second location.

“We love what we do,” Ms. Serra said. “We love seeing young minds blossom, so our ambition is to create a successful foundation of early childhood education in the lives of as many students as possible.”

For additional information about Little Brilliant Minds, the preschool may be visited online at www.LittleBrilliantMinds.com, reached by phone at 718-234-MIND (6463), or contacted via email at info@littlebrilliantminds.com.

George Telmany may be reached at his SBDC Brooklyn office by phone at 718-619-5603, or via email at George.Telmany@csi.cuny.edu.

About the Staten Island Small Business Development Center

The Small Business Development Center at the College of Staten Island (SBDC at CSI) is part of the New York State Small Business Development Center, which is administered by the State University of New York.

The center operates as a full-time enterprise during weekday business hours, assisting small businesses and aspiring entrepreneurs with a wide array of cost-free confidential guidance and technical assistance.

Since launching in 1993, the experienced advisers of the Staten Island SBDC have worked directly with more than 6,700 businesses, helping them to invest more than $148.5 million in the area’s economy, and creating or saving more than 4,500 jobs. 

The Staten Island SBDC is located at: The College of Staten Island, 2800 Victory Blvd., Building 3A, Room 105; Staten Island, NY 10314-9806.

The Staten Island SBDC additionally operates two outreach sites: The Small Business Development Center, Bay Ridge Satellite Office, in the Santander Building, 9512 Third Ave., Brooklyn, NY 11209, and the Small Business Development Center, Staten Island Office, in the Empire State Bank Building, 1361 North Railroad Ave., Staten Island, NY 10306.

For information about business counseling on Staten Island, the SBDC at CSI may be reached at 718-982-2560, or via email at Christine.Purelis@csi.cuny.edu. The Brooklyn office may be contacted at 718-619-5603; the Staten Island satellite office may be reached at 718-873-4496.

Staten Island Small Business Development Center Guides New and Existing Business Owners to Greater Success

Brooklyn, BUSINESS ADVICE, STATEN ISLAND Aug 07, 2014 Comments Off

Experts in Staten Island and Brooklyn offer free advice on how to open a business

STATEN ISLAND, N.Y.  –  For new and existing entrepreneurs, the Staten Island Small Business Development Center (SI SBDC) at the College of Staten Island helps pave a path toward a successful business.  Many individuals seeking business guidance may find this to be somewhat of a challenge.  Those individuals who do take advantage of the Center’s resources improve their chances in owning a successful enterprise.

Dean L. Balsamini, director of the Staten Island SBDC, and Certified Senior Business Advisor Edward Piszko work to ensure the success of new and aspiring business owners on Staten Island and Brooklyn.

Dean L. Balsamini, director of the Staten Island SBDC, and Certified Senior Business Advisor Edward Piszko work to ensure the success of new and aspiring business owners on Staten Island and Brooklyn.

If you want to start a new business or grow one you already have, this could mean helping you in various ways, such as: Define your goals; business plan assessment; financial analysis; marketing; loan assistance; paving a path to business ownership or business growth, and much more.

“The guidance we provide to clients who are new to the world of entrepreneurship fosters dreams into successful businesses,” said Dean L. Balsamini, director of the Staten Island SBDC. “However, it doesn’t end there. Even well-rooted operations need help from time to time, so our professional business advisers offer valuable assistance to help owners deal with unforeseen challenges and incorporate strategies for stability and growth.”

Providing counseling since 1993, the SI SBDC has assisted more than 6,700 businesses and generated more than $148 million for the Staten Island Community.   The SI SBDC has helped an extensive mix of businesses within a number of industries – and in a variety of ways. 

VENDING SERVICE

“I have never left the [SI SBDC] office, or a seminar sponsored by the SBDC, not understanding their projects or services,” said Maryann Piazza, an owner of 20-year-old Majestic Vending Service, Tompskinsville. “The Small Business Development Center helped me to write a business plan and migrate through the system post-Sandy. They were a sounding board for me and were extremely helpful. They were the first to help me connect with the SBA and get help after the storm.”

CONCRETE CORING, SAWING

Kathleen Makowski, Vice President of JP Hogan, Coring and Sawing Corp., Bloomfield, sought the SI SBDC’s guidance for help in growing her business.SBDC LOGO

 “I am so pleased I came across the Small Business Development Center,” Ms. Makowski said. “I wanted to get more involved in a business-development program but found myself always caught up in the day-to-day operations of my company. The advisors at SBDC helped me prepare for my interview for my pending Women Minority Business application. They also worked hard to help me reorganize after being impacted by Sandy. The business advisors always point me in the right direction to do the right things and go down the right avenue.”

RESTAURANT BUSINESS

When the operators of Maizal’s Restaurant decided to expand their enterprise, (co-owners Leonel Zalaya and Chef Wilmer Alejandro Santos called on the experts at the SI SBDC for assistance. Launching in 2010 in Rosebank, Staten Island, the restaurant opened a successful second location in Astoria, Queens in 2014.

ELECTRICAL CONTRACTING

When Walsh Electrical Contracting launched in 1976, the Staten Island-headquartered company began the process of applying for Woman Business Enterprise (WBE) status in 2012; the official recognition denotes that a woman (or women) has majority ownership and control of a business entity.

Linda Walsh, CEO, who founded the company with her late husband, Kevin, and Ryan Walsh, President, achieved WBE status for her enterprise with guidance from SI SBDC

. The SI SBDC later helped Mrs. Walsh obtain assistance in SBA financing which assisted her in the relocation of her business, obtaining larger contracts, and further developing her business. 

“This is what the Staten Island Small Business Development Center is all about,” Balsamini said. “On the surface, onlookers see a business. But the reality is behind every business there are people striving to fulfill a dream. We take this very seriously and we do everything in our power to ensure their ambitions are more than satisfied.”

 About the Staten Island Small Business Development Center

The Staten Island Small Business Development Center, located at the College of Staten Island is part of the New York State Small Business Development Center, which is administered by the State University of New York.

The center operates as a full-time enterprise during weekday business hours, assisting small businesses and aspiring entrepreneurs with a wide array of cost-free confidential guidance and technical assistance.

The Staten Island SBDC is located at: The College of Staten Island, 2800 Victory Blvd., Building 3A, Room 105; Staten Island, NY 10314-9806.

The Staten Island SBDC additionally operates two outreach sites: The Small Business Development Center, Bay Ridge Satellite Office, in the Santander Building, 9512 Third Ave., Brooklyn, NY 11209, and the Small Business Development Center, Staten Island Office, in the Empire State Bank Building, 1361 North Railroad Ave., Staten Island, NY 10306.

For information about business counseling on Staten Island, the SI SBDC can be reached at 718-982-2560, or via email at Christine.purelis@csi.cuny.edu. The Brooklyn office can be contacted at 718-619-5603; the Staten Island satellite office can be reached at 718-873-4496. The organization may also be visited on Facebook at: Small Business Development Center, Staten Island.

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Media Contact: Barton Horowitz

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

Mobile: 917‑715‑8761

Email: Bhorowitz@RelevantPR.com

Staten Island Realtor Streamlines Process For New Yorkers Buying a Home in Italy

BUSINESS NEWS, REAL ESTATE Jul 23, 2014 Comments Off
Situated on the shorefront of Lake Bolsena, in the provence of Viterbo, Italy, this picturesque home is on the market for approximately $1.5 million.

Situated on the shorefront of Lake Bolsena, in the provence of Viterbo, Italy, this picturesque home is on the market for approximately $1.5 million.

Cangiano Estates builds borough’s ‘5th bridge’ through alliance with Italian law firm

STATEN ISLAND, N.Y. (JULY 23, 2014) – The newest addition among Staten Island’s major bridges reaches farther than Brooklyn or New Jersey, figuratively spanning to Europe.

A recently forged industry partnership between an Island-based Realtor and an Italian-headquartered law firm is making it easier for New Yorkers to sell, purchase or rent properties confidently in Italy.

“The process of selling or buying a home abroad appears intimidating to many people, but when you’re working with the right team here and in Italy, the transaction is streamlined and not as complicated,” said Realtor Traci Cangiano, owner of Cangiano Estates in the Staten Island community of Great Kills.

The alliance between Mrs. Cangiano’s agency and the law firm of Perugi and Associates in Viterbo, Italy, about 65 miles north of Rome, has resulted in a flourishing of Italian-property listings between the Staten Island Realtor and the law firm owned by Rome native Alfredo Perugi.

Current offerings range from $150,000 for a one-bedroom unit on the outskirts of Rome to a $12.5 million villa on the Mediterranean coast of Tuscany, with 800 olive trees and three vineyards.

“We have built a fifth major Staten Island bridge – one that eliminates the real-estate gap between the U.S. and Italy,” said Perugi International Liaison Nick Cammarano, a Rome resident and native of Staten Island’s Dongan Hills neighborhood. “Traci Cangiano is the perfect partner in this initiative. She is an experienced Realtor and immediate past-president of the Staten Island Board of Realtors (SIBOR) with a keen understanding of both the U.S. and Italian cultures and a proven interest in client satisfaction. Her uncompromising integrity works well with the high ethical standards of Perugi and Associates, and this is vital for working in the best interests of buyers and sellers on two continents.”

Although Mrs. Cangiano is based on Staten Island, her firm’s online listings of the Italian properties make them readily available across the United States to buyers desiring a safer and transparent means of purchasing a foreign property, the Realtor said.

Some of the Italian homes, available either for purchase or as vacation rentals, are actually owned by Staten Islanders and others Americans who earlier had been apprehensive about transacting a real estate deal from afar, Mrs. Cangiano noted.

One such seller is Antoinette D’Angelo, a resident of the West Brighton-Sunset Hill area of Staten Island.

“My experience with Cangiano Estates has been a very smooth and pleasant experience,” said Ms. D’Angelo, who with Mrs. Cangiano’s help has placed two condominiums in Formia, Italy on the U.S. market. “ I can’t express how thankful I am.”

The fears of long-distance sellers, like Ms. D’Angelo, as well as buyers have been put to rest, Cammarano said.

“The arrangement between Cangiano Estates and Perugi and Associates has created a boutique-shop experience,” he said. “We walk all involved parties through every step, in both the United States and Italy.”

The relationship between the two firms “removes the angst international home sellers and buyers might normally face by eliminating concern over such matters as potential fraud, language barriers, negotiations, distance, payment arrangements and legal compliance,” added Mrs. Cangiano, whose local team of real estate professionals includes 34 Realtors, some fluent in Italian, and Greg Sokol, an associate broker and SIBOR Board director. “Working with Perugi and Associates is reassuring because we know we have a capable and trustworthy representative on the Italian end of all our transactions.”

To help ease and expedite the buying and selling process, Mrs. Cangiano said, “real estate contracts are translated into Italian and meet the standards for MLS (Multiple Listing Service) listings in the United States, protecting sellers or landlords here and in Italy. In the United States, you’re dealing directly with Cangiano Estates, with additional support from a dependable law firm in Italy.”

To further protect American sellers and buyers, a Perugi and Associates liaison in Italy researches and visits each site; provides an accurate description and assessment, including its condition, and takes photographs. For the American seller, the liaison will promote the property in Italy.

“Right now,” Cammarano said, “the economy is tough in Italy, and it’s actually easier to sell an Italian property in the United States than it is to sell it there.”

About Cangiano Estates

Cangiano Estates, Ltd. is an independent full-service real estate agency operated hands-on by Realtor Traci Cangiano. Since launching in 2006, the firm has never strayed from its commitment of providing clients with a level of service that is second to none, inspiring it to flourish from a modest startup in a rented space into a thriving enterprise with more than 30 Realtors and its own building. The agency is a member of the National Association of REALTORS® (NAR), the New York State Association of Realtors (NYSAR) and the Staten Island Board of Realtors (SIBOR).

Cangiano Estates is headquartered at 3888 Amboy Rd., Staten Island, NY, 10308. The firm may be contacted by phone at 718-605-5800; emailed at aPlace2Live@aol.com, and visited online at CangianoEstates.com.

About Perugi and Associates

The law firm of Perugi and Associates was founded in 1998 in Virtebo, Italy by Alfredo Perugi, who continues to expand the firm within the global arena. The office provides legal representation in civil matters with a particular concentration in real estate, such as the governing of contracts involving building; sales; rentals; condominiums; multiple ownerships, international real estate law, and more.

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Media Contact: Barton Horowitz

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

Mobile: 917‑715‑8761

Email: Bhorowitz@RelevantPR.com

Your Chance to Embrace The Staten Island Coastline From Sea

STATEN ISLAND Jul 01, 2014 Comments Off

‘Circumnavigate the Isle of Staten’ July 19 during National Lighthouse Museum’s 2nd boat tour of 2014

STATEN ISLAND, N.Y. – Many experienced world travelers will tell you the experience of seeing a popular destination from a vessel at sea is extremely memorable. The views are dramatically different from those available on land, nature paints inspiring vistas, and history and culture come alive in new ways.

This is true in New York, as well, where Staten Island’s coastline adds to the allure of the city.logo-lighthouse-jpeg

On July 19, a sea-faring tour experience will be available to Staten Island enthusiasts when the National Lighthouse Museum launches the second offshore excursion in its series of boat tours for 2014.

The home port for the Saturday event, which takes place 11 a.m. to 2 p.m., is NY WATERWAY®, Pier 11 on the East River at South Street and Wall Street in Manhattan.

The National Lighthouse Museum is inviting everyone to “Circumnavigate the Isle of Staten.”

Guests will see magnificent lighthouses around and about Staten Island, as they view the shipping lanes of one of the world’s leading ports. They also will see the shoreline of New York and New Jersey along the Arthur Kill; observe unique bird sanctuaries and ship grave yards, and pass under four bridges: Bayonne, where they will glimpse the current project of elevating the road bed of the bridge 64 feet; Goethals; Outerbridge Crossing, and Verrazano Narrows.

Additionally, an in-depth narration will be provided.

The cost of admission to the tour is $60 for adults; $40 for children, age 10 and younger, and $50 for seniors (age 62 and over).

Refreshments will be available on board, but guests may bring their own snacks.

LEARN MORE

For tickets and additional information, the National Lighthouse Museum may be reached by email at info@lighthousemuseum.org, or by phone at 855-656-7469. The museum may also be visited online at lighthousemuseum.org.

NYC Police Commissioner Bratton To Recognize Staten Island’s Standout Cops at Police Officer Of The Year Luncheon

NEW YORK CITY METRO NEWS Jun 03, 2014 Comments Off

Annual event to be hosted by the Staten Island Chamber of Commerce and Staten Island Advance 

BRATTON

Police Commissioner William J. Bratton

Staten Island, N.Y. (June 3, 2014) –  The Staten Island Chamber of Commerce and the Staten Island
Advance will host its annual Police Officer of the Year Luncheon June 16  in LiGreci’s Staaten, West Brighton.

The gathering, which will start at noon, will honor Staten Island’s top cops of 2013, who will be recognized by New York City Police Commissioner William J. Bratton,  as well as the Chamber’s Safety and Security Committee. 

Honorees will receive the Police Officer of the Month award for their daily commitment and
service to borough residents. A Police Officer of the Year will also be announced during the
event. This ceremony occurs each year to commemorate the NYPD’s great work and positive
influence on the community.

Tickets begin at $50 per person and $40 for members of the NYPD. Reservations are required
and can be made online at www.sichamber.com or with Jennifer McGurk at 718-727-1900.

Relevant Public Relations New York: 10 Essential Questions To Ask When Seeking A Publicist/Marketing Expert For Your Business or Professional Practice

BUSINESS, MARKETING & PUBLIC RELATIONS May 27, 2014 Comments Off

Relevance of content is vital for reaching your target audience

NEW YORK — In today’s world of fast-paced communications, valuable news can degrade into irrelevant chatter in a matter of minutes, if not seconds.

For public relations and marketing professions in New York, across the nation and around the globe, ensuring the relevance of content is vital in order for the message to reach the client’s target audience. Relevancy often is tied to the speed –and accuracy – with which a media release is produced and distributed.

Preparing relevant PR is more than a skill – it’s an art form that requires the experience and talent to write an impactful press release from start to finish, with the know-how of steering it into the hands of news professionals who are most likely to share its content.

When shopping for PR and marketing professionals, keep in mind that price is not the most important factor when deciding which firm to bring on board, as the quality of work – and results – are of prime importance and may vary from company to company.

If you operate a business or professional practice, and are interested in using your time and money to best advantage, we suggest you ask the following questions of any public relations or marketing firm you are considering to hire:

1) What makes your firm different from the next?

2) How will you help my brand stand out from the competition?

3) What is the range of your public relation and/or marketing services?

4) Do you offer both traditional and digital public-relations services?

5) Can you provide me with published hard-copy and online newsroom results of your work?

6) How much experience do you have representing businesses or professional practices like mine?

7) What should my realistic expectations be in regard to results?

8) What strategies do you incorporate to increase the chances of publication?

9) Can you provide me with references from satisfied clients?

10) How will I know if the marketing and public relations services you provide on my behalf are working?

About Relevant Public Relations LLC

Relevant Public Relations LLC (Relevant PR), “Where Success is Written®,” is a New York City-based multimedia public relations and marketing company with local, national and global reach. The firm’s founder and president, Barton Horowitz, is a Small Business Administration (SBA) Champion of the Year Award winner and recipient of a 2013 Louis R. Miller Business Leadership Award.

Economically headquartered in the New York City borough of Staten Island, Relevant Public Relations is “America’s Journalist-Empowered PR & Marketing firm®,” leading businesses, professional practices and organizations to greater heights by cost-effectively integrating all marketing and PR strategies into a single efficiently run operation.

Relevant Public Relation’s custom-designed branding methods succeed due to an innovative recipe of press releases; traditional, digital and broadcast-news distribution; social-media management; Website and blog content; e-mail marketing; commercial copywriting, and more.

Whether your enterprise requires a single press release, a multimedia campaign or the information on a company brochure or Website professionally written, edited or updated, Relevant Public Relations is the right choice.

Relevant Public Relations is available online at www.RelevantPR.com, and may be reached at 718-682-1509 or via email: info@RelevantPR.com.

Staten Island Social Media, E-Marketing, Blog Package

BUSINESS, MARKETING & PUBLIC RELATIONS May 19, 2014 Comments Off
Relevant Public Relations offers cost-effective digital marketing for businesses on a budget

STATEN ISLAND, N.Y. — Want to grow your business  or professional practice? You can begin attracting new customers/clients now with the Relevant PR  Search Engine Optimized! SOCIAL MEDIA, E-BLASTING BLOG PACKAGE”Strategy & Brand

The program features a combination  of public relations and marketing strategies designed to enhance your brand, such as: Daily Social Media posts; an average of four times per day, minimum of five days a week.

Professionally scripted weekly “key-word” embroidered Blog Posts with social media interaction.

Monthly E-BLAST program with social media integration.

News-wire compliant Relevant Public Relations releases

Targeted Newsroom Distribution of your media releases, and more …

ALSO AVAILABLE

  • Professionally written Search Engine Optimized (SEO) press releases
  • Targeted Online-Press Release Distribution 
  • Social media integration with high-profile Internet news sites
FREE CONSULTATION: 
Contact us to learn how our innovative Public Relations, Marketing and Advertising Services can help build the brand of your business or professional practice.
Call or email Relevant Public Relations today
* Ask us about our Relevant PR Press Release & Newsroom Distribution Packages, starting at $500.

About Relevant Public Relations LLC

Relevant Public Relations LLC (Relevant PR), “Where Success is Written®,” is a New York City-based multimedia public relations and marketing company with local, national and global reach. The firm’s founder and president, Barton Horowitz, is a Small Business Administration (SBA) Champion of the Year Award winner and recipient of a 2013 Louis R. Miller Business Leadership Award.

Economically headquartered in the New York City borough of Staten Island, Relevant Public Relations is “America’s Journalist-Empowered PR & Marketing firm®,” leading businesses, professional practices and organizations to greater heights by cost-effectively integrating all marketing and PR strategies into a single efficiently run operation.

Relevant Public Relation’s custom-designed branding methods succeed due to an innovative recipe of press releases; traditional, digital and broadcast-news distribution; social-media management; Website and blog content; e-mail marketing; commercial copywriting, and more.

Whether your enterprise requires a single press release, a multimedia campaign or the information on a company brochure or Website professionally written, edited or updated, Relevant Public Relations is the right choice.

Relevant Public Relations is available online at www.RelevantPR.com, and may be reached at 718-682-1509 or via email: info@RelevantPR.com.

Victory State Bank Experiences $27.4M Jump In Total Assets

BANKING & FINANCE, BUSINESS NEWS May 05, 2014 Comments Off

Annual stockholders’ meeting highlights growth of Staten Island, N.Y.’s only community-based commercial bank 

Staten Island, N. Y. (May 5, 2014) – An upbeat mood filled Victory State Bank headquarters April 22, as stockholders received a favorable 2013 roundup from the financial company’s holding company, VSB Bancorp, Inc. (OTCQB: VSBN).

“We are pleased with the results of our annual meeting and we appreciate the faith that our stockholders place with management and the board,” said Joseph J. LiBassi, chairman of VSB Bancorp.

 Joseph J. LiBassi, chairman of VSB Bancorp, and Ralph Branca, president and CEO of Victory State Bank, present 2013 results to stockholders during VSB Bancorp’s annual meeting.

Joseph J. LiBassi, chairman of VSB Bancorp, and Ralph Branca, president and CEO of Victory State Bank, present 2013 results to stockholders during VSB Bancorp’s annual meeting.

The bank, which had stable earnings in 2013, experienced a variety of positive results that combined to produce a successful year in which total assets increased by $27.4 million to $297.1 million.

For example, tier 1 capital, a measure of strength and viability, is holding strong at VSB Bancorp, at 9 percent at the close of last year.

Also during 2013, deposits increased by $27.9 million to $268.6 million.

“All the deposit growth was organic,” said Ralph Branca, president and CEO of Victory State Bank. “We did not utilize any borrowings, brokered CDs or listing-service deposits.”

As a percentage of average assets, the bank’s non-interest expenses in 2013 – which include most operating costs other than attracting depositors – decreased to 2.65 percent, placing it in the 19th percentile among its peers. The bank additionally decreased non-performing, or seriously past due, loans in the year by $2.2 million to $4.2 million.

“As evidenced by our $14.9 million increase in demand deposits [which can be withdrawn without advance notice] rising to $96.9 million in 2013, we are continuing to build relationships,” Branca said.

STOCKHOLDERS VOTE

During the meeting, Branca and Chaim Farkas were re-elected as directors for additional three-year terms.

Two other proposals, an amendment to the 2004 Director Stock Option Plan and the sale of 89,000 shares of common stock to the Employee Stock Ownership Plan, were both approved.

The stockholders also ratified the appointment of Crowe Horwath as Victory Bancorp’s independent public accountants, and additionally approved, on an advisory basis, Branca’s executive compensation with the affirmation of over 70 percent of the votes cast.

About VSB Bancorp

VSB Bancorp, Inc. is the one-bank holding company for Victory State Bank. Victory State Bank, a Staten Island-based commercial bank, commenced operations on Nov. 17, 1997.  The Bank’s initial capitalization of $7 million was primarily raised within the Staten Island community. The Bancorp’s total equity stood at $27.7 million by March 31, 2014.

Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. Pending regulatory and building department approvals, the bank plans to open a sixth branch in the Island’s Charleston/Tottenville area.

For additional information, Victory State Bank may be reached at 718-979-1100 or visited online at http://www.victorystatebank.com.

Forward-Looking Statements

Statements contained in this article, which are not historical facts, are forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to materially differ from those currently anticipated. Those risks and uncertainties include, among other things, possible future changes in (i) the local, regional or national economy, (ii) market interest rates, (iii) customer preferences, (iv) competition or (v) federal or state laws.

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Media Contact: Barton Horowitz

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

Mobile: 917‑715‑8761

Email: Bhorowitz@RelevantPR.com

3 Business-Fostering Programs Highlighted By SBDC During Island Conference

BUSINESS NEWS, NEW YORK BUSINESS May 02, 2014 Comments Off
Gathering for a presentation by the Staten Island Small Business Development Center at the College of Staten Island during the 16th Annual SIEDC Business Conference, April 30, in the Hilton Garden Inn, Bloomfield, are, from left, Joseph Bottega, business advisor, SI SBDC; Dean L. Balsamini, director of the SI SBDC and featured speaker; DB Lampman, featured speaker and associate director of Staten Island MakerSpace, a small-business incubator in Stapleton; Scott Van Campen, featured speaker and executive director, Staten Island MakerSpace; Edward J. Piszko, New York State Certified Senior Business Advisor, SI SBDC, and Robert Rose, business advisor, SI SBDC.

Gathering for a presentation by the Staten Island Small Business Development Center at the College of Staten Island during the 16th Annual SIEDC Business Conference, April 30, in the Hilton Garden Inn, Bloomfield, are, from left, Joseph Bottega, business advisor, SI SBDC; Dean L. Balsamini, director of the SI SBDC and featured speaker; DB Lampman, featured speaker and associate director of Staten Island MakerSpace, a small-business incubator in Stapleton; Scott Van Campen, featured speaker and executive director, Staten Island MakerSpace; Edward J. Piszko, New York State Certified Senior Business Advisor, SI SBDC, and Robert Rose, business advisor, SI SBDC.

STATEN ISLAND, N.Y. (May 2, 2014)  – A seminar presented by the Staten Island Small Business Development Center during the Staten Island Economic Development Corp. business conference on April 30 showcased three programs of importance to the borough’s economic engine: Staten Island MakerSpace, START-UP NY, and the Small Business Development Center at the College of Staten Island (SBDC at CSI).

STATEN ISLAND MAKERSPACE

The workshop, a segment of the daylong conference in the Hilton Garden Inn, Bloomfield, featured representatives of the three programs, including Staten Island MakerSpace, a small-business incubator in Stapleton.

DB Lampman, associate director of Staten Island MakerSpace, joined with Executive Director Scott Van Campen to discuss the many low-cost, business-fostering opportunities available to entrepreneurs and other members of the community at the incubator.

The site includes a fully equipped metalworking studio; woodworking studio; computer lab with a 3D printer; private studio spaces, and much more.

START-UP NY

SBDC 2 Dr. Michael Kress

Dr. Michael Kress, vice president for technology and economic development, and executive director of the City University of New York High Performance Computer Center, College of Staten Island, discusses START-UP NY.

Also of interest to both fledgling and seasoned business owners, was a discussion of START-UP NY presented by Dr. Michael Kress, vice president for technology and economic development, and executive director of the City University of New York High Performance Computer Center at CSI.

START-UP NY, Kress explained, is a groundbreaking New York state initiative designed to provide major incentives for businesses to relocate, start up or significantly expand in New York state through affiliations with public and private universities, colleges and community colleges.

Businesses will have the opportunity to operate with state and local tax-free status on or near academic campuses, and their employees will pay no state or local personal income taxes. In addition, businesses may qualify for additional incentives. On Staten Island, the area slated for inclusion in the program is on the campus of CSI.

SBDC at CSI

The seminar also placed Dean L. Balsamini, director of the SBDC at CSI and moderator of the workshop, at center stage. Balsamini shared an overview of the many ways his organization provides free assistance to aspiring and established entrepreneurs.

The SBDC at CSI is part of the New York State Small Business Development Center, which is administered by the State University of New York.

The center operates as a full-time enterprise during weekday business hours, assisting small businesses and aspiring entrepreneurs with a wide array of cost-free confidential guidance and technical assistance.

Since launching in 1993, the experienced advisers of the Staten Island SBDC have worked directly with more than 6,500 businesses, helping them to invest over $146.5 million in the area’s economy, and creating or saving more than 4,500 jobs.

The Staten Island SBDC is located at: The College of Staten Island, 2800 Victory Blvd., Building 3A, Room 105; Staten Island, NY 10314-9806.

The Staten Island SBDC additionally operates two outreach sites: The Small Business Development Center, Bay Ridge Satellite Office, in the Santander Building, 9512 Third Ave., Brooklyn, NY 11209, and the Small Business Development Center, Staten Island Office, in the Empire State Bank Building, 1361 North Railroad Ave., Staten Island, NY 10306.

For information about business counseling on Staten Island, the SBDC at CSI may be reached at 718-982-2560, or via email at Christine.Purelis@csi.cuny.edu. The Brooklyn office may be contacted at 718-619-5603; the Staten Island satellite office may be reached at 718-873-4496.

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Media Contact: Barton Horowitz

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

Mobile: 917‑715‑8761; Email: Bhorowitz@RelevantPR.com

New York Business Conference To Highlight Strategies For Working With Global Real Estate Buyers, Sellers

BUSINESS, Manhattan Association of Realtors, NEW YORK BUSINESS, REAL ESTATE Mar 21, 2014 Comments Off

FOR IMMEDIATE RELEASE:

FRIDAY, MARCH 21, 2014

 Steve Brown, president of the National Association of Realtors®, and John (Janno) Lieber, president, World Trade Center Properties, are among those who will speak at the Manhattan Association of Realtors® Global Real Estate Symposium on March 26

NEW YORK — The Manhattan Association of Realtors® (MANAR) will mark its third annual Global Real Estate Symposium March 26 by providing the essential strategic tools needed for conducting business with international buyers and sellers. 

STEVE BROWN, president of the National Association of REALTORS®

STEVE BROWN, president of the National Association of REALTORS®

“New York is today the leading destination for the global buyer,” said Rick Wohlfarth, event chair and a past president of MANAR. “The MANAR Global Real Estate Symposium will provide a platform for all stakeholders to gain insight into the investment potential of the New York real estate market.”

The event will take place 9 a.m. to 5 p.m. at the McGraw-Hill Conference Center, 1221 Avenue of the Americas, Manhattan. The day’s agenda includes lunch and a close-of-day cocktail party.

“The conference is a one-day networking hub for real estate industry leaders, practitioners and international buyers and sellers,” Wohlfarth said. “Visitors to the symposium will receive an enhanced understanding of how international buyers are changing the face of New York real estate.  For those who are interested in closing more deals, attending this year’s Global Real Estate Symposium is a must.”

The slate of distinguished speakers, panel members and moderators will include: Steve Brown, president of the National Association of Realtors®; John (Janno) Lieber, president, World Trade Center Properties; Jennifer Berman, general manager, Hilton & Hyland; Darla Delayne, Coldwell Banker Bellmarc; Nikki Field, senior global real estate advisor, Sotheby’s International Realty; Arthur Hung, senior global real estate advisor, Sotheby’s International Realty; Peter Acocella, managing director, Keller Williams Commercial Division, New York City; Eleonore Rojas, principal product manager and vice president, Partnerships and Product Integration, Move Inc.; Robb Pair, Harlem Lofts; Alan Dixon, Dixon Advisory; Wendy Fitzsimmons, Esq., principal, Madison Law Group; Dr. Lawrence Yun, NAR chief economist; Vanessa Saunders, GPS Real Estate; Chris Smith, President, DotLoop Technology; Austin Allison; DotLoop Technology; Amir Korangy, publisher, The Real Deal; Kyle Kimball, president, New York City Economic Development Corp.; Michael Samuelian, vice president, Related Companies; Joel Bergstein, president, Lincoln Equities Group; Stan Gale Jr., vice president, Gale International; Justin Palmer, partner, Synapse Capital, and William C. Rudin, CEO and vice-chairman, Rudin Management Co.

Rick Wohlfarth, chairman of the 2014 Manhattan Association of Realtors'®  Global Real Estate Symposium, is a past president of the organization.

Rick Wohlfarth, chairman of the 2014 Manhattan Association of Realtors’® Global Real Estate Symposium, is a past president of the organization.

A segment of the program will feature a panel featuring representatives from international organizations, including Triston Harper of Douglas Elliman, representing the International Real Estate Federation; Kathy Tsao, also of Douglas Elliman, representing the Asian Real Estate Association of America; Carmen Mercado, Century 21, representing the National Association of Hispanic Real Estate Professionals, and Donnell T. Williams, Destiny Realty Inc., representing the National Association of Real Estate Brokers.

Topics covered during the day will include: “New York ‘Rising,’” “Global Buyers, Sellers and Investors: Challenges and Opportunities,” “The International Investor,”  “Real Estate Trends and Forecast,”  “Cultural Differences: Roadblocks and Advantages,” “The Global Impact of Social Media, Mobile Apps and Digital Marketing,”  “Organized Real Estate – The Global Advantage,” and “Developing for the International Clients.”

 The cost of admission, including lunch and the cocktail, is $49 for MANAR members, and  $99 for non-members. As seating is limited, advance registration is suggested.

Registration is available online at: http://manarrealtor.com/ (CLICK ON “GLOBAL SYMPOSIUM”).

For additional information, a MANAR representative may be reached at 212-594-2233, or via email: info@MANARRealtor.com.

 

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Media Contact: Barton Horowitz

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

Mobile: 917‑715‑8761

Email: Bhorowitz@RelevantPR.com