2012 Volume 25 No. 1
May 18, 2012

CURRENT LEGAL AND BUSINESS DEVELOPMENTS AFFECTING
THE DESIGN, CONSTRUCTION AND REAL ESTATE INDUSTRIES

Interview with the Presidents

Michael De Chiara interviews David Businelli, Immediate Past President, American Institute of Architects (New York State) and Jay Simson, President, American Council of Engineering Companies of New York about the state’s new Design Professional Services Corporation legislation. Both the ACEC and AIA have been working to get the DPC legislation passed for many years now. As leaders in those respective organizations, you

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IN THIS ISSUE:
Design Professional Service Corporations Come To New York


New York's recently enacted Design Professional Services Corporation legislation enables design firms to offer limited ownership rights to non-licensed individuals. These equity options are key in recruiting and retaining the highest caliber of top-level management and administrative personnel, which, in turn, keeps New York's design firms competitive around the world.