Building Owners and Managers Association of Greater New York

Overview

The Building Owners and Managers Association of Greater New York, commonly abbreviated as BOMA New York, is a nonprofit trade organization that represents commercial real estate professionals across New York City's five boroughs. It serves as the Greater New York area's federation of BOMA International, the world's largest trade association dedicated to the commercial real estate industry.

Purpose and Activities

BOMA New York's mission is to promote programs and services that advance the real estate industry. The organization focuses on providing educational resources, maintaining quality standards for buildings, and advocating for industry interests at local, state, and federal levels. Members include a diverse range of professionals such as building owners, property management firms, architects, engineers, and service providers in the construction and maintenance sectors.

Membership and Economic Impact

The organization's members manage approximately 529 million square feet of office space, including some of the world's most prestigious properties. BOMA New York members contribute significantly to the state's economy, with the industry accounting for about $27 billion annually.

Scholarships and Education

BOMA New York also offers scholarships to support the professional education of students who are enrolled in programs like RPA (Real Property Administrator), FMA (Facilities Management Administrator), SMA (Systems Maintenance Administrator), or SMT (Systems Maintenance Technician). These scholarships aim to help students employed by member firms within the five boroughs of New York.

Goals

Key objectives of BOMA New York include:

• Advocacy and Government Affairs: Actively engaging in local, state, and federal government affairs to support the real estate industry.
• Professional Development: Providing educational programs and quality standards for industry professionals.
• Networking: Facilitating an environment for sharing information and fostering professional networks.
• Technology and Innovation: Encouraging the application of state-of-the-art technology in the industry.
• Financial Responsibility: Maintaining a stable financial structure with appropriate fiscal controls.