42 THE QUEENS COURIER • QUEENS BUSINESS • FEBRUARY 8, 2018 FOR BREAKING NEWS VISIT WWW.QNS.COM
queens business
City National Bank names a new LI regional manager
Davi Tserpelis will bring City National’s
business banking expertise to Long Island
City National Bank announced that
it has hired experienced banker Davi
Tserpelis as a senior vice president and
Long Island regional business manager.
Based in Long Island, Tserpelis will lead
and grow City National’s business banking
team, serving entrepreneurs and their
businesses in the area.
“City National Bank is committed to
helping businesses achieve fi nancial success,”
said David Cameron, senior vice
president and head of business banking at
City National. “Davi will provide exceptional
service and sophisticated solutions
to businesses in Long Island.”
A resident of Long Island, Tserpelis has
nearly 30 years of commercial lending
and banking experience. Prior to joining
City National, she served as a senior vice
president with Astoria Bank’s Long Island
business banking team.
City National entered New York in
2002, primarily to serve entertainment
and private banking clients, and has
grown to serve entrepreneurs and their
families, businesses, nonprofi ts and professional
service fi rms throughout the
region and last year the bank added a
team of experienced commercial bankers
in New York. In 2015, City National
merged with Royal Bank of Canada, one
of North America’s leading diversifi ed
fi nancial services companies.
“City National has a long history of
serving entrepreneurs and providing
the best fi nancial solutions. I’m very
pleased to join City National’s team,” said
Tserpelis. “I know the Long Island business
community well, and look forward
to helping business owners achieve fi nancial
success.”
Active in the community, she serves
as the secretary of the board of directors
for the Middle Market Alliance of
Long Island, an organization that promotes
middle market companies, professionals
and dealmakers in the region.
Tserpelis is also the vice president of the
board of directors of Th e Book Fairies, a
nonprofi t organization dedicated to fostering
children’s literacy in the New York
area. Tserpelis also mentors undergraduate
students and young professionals in
their careers.
With $48.7 billion in assets, City
National Bank provides banking, investment
and trust services through 73 offi ces,
including 18 full-service regional centers,
in Southern California, the San
Francisco Bay Area, Nevada, New York
City, Nashville, Atlanta and Minneapolis.
In addition, the company and its investment
affi liates manage or administer
$62.2 billion in client investment assets.
City National is a subsidiary of Royal
Bank of Canada (RBC), one of North
America’s leading diversifi ed fi nancial
services companies. RBC serves more
than 16 million personal, business, public
sector and institutional clients through
offi ces in Canada, the United States and
35 other countries.
For more information about City
National, visit the company’s website at
cnb.com.
New president of Elder
Law attorneys group
R o n a l d
F a t o u l l a h ,
senior partner
at Ronald
Fatoullah and
A s s o c i a t e s ,
was recently
elected president
of the New York chapter
of the National Academy of
Elder Law Attorneys for 2018.
Fatoullah’s fellow members on
the board include Presidentelect
Joseph A. Greenman, Vice
President Richard Marchese,
Treasurer Fern Finkel, Secretary
Tammy Lawlor, Immediate
Past President Neil T. Rimsky
and Directors Jay Robert, Scott
Silverberg, Kristin Jonsson,
Frank Buquicchio, Natalie
J. Kaplan, Britt Burner, Ellyn
Kravitz, Betsy Klampert,
Anthony Lamberti, and Pauline
Yeung Ha.
First Central exec joins
Flushing Meadows board
First Central
S a v i n g s
Bank (FCSB)
announced the
appointment
of Michael
Serao, senior
vice-president
and director of retail banking,
by the City Council to the Board
for the Alliance for Flushing
Meadows Corona Park. Th e
appointment is eff ective immediately.
“Aft er hearing his qualifi cations
we are thrilled to have
him on board bringing his passion
for parks and expertise in
the philanthropic world” said
Janice Melnick, executive director
of the alliance.
Serao joins the 21-member
body, making FCSB the only
bank on the board made up of
business, government, and community
leaders, including Javier
Valdes from Make the Road
New York; Andrew Hirsch,
general counsel for the United
States Tennis Association Carol
Conslato, the Director of Public
Aff airs for Con Edison; and lawyer
Jim Haddad, who is also on
the Queens Library Board of
Trustees.
Th e mission of the Alliance for
Flushing Meadows Corona Park
is to support NYC Parks to preserve,
maintain, and improve
Flushing Meadows Corona Park
for the benefi t and use of the
surrounding communities and
all New Yorkers. Th e Alliance
will work to build new cultural
programs and enhance existing
curriculum, distribute United
States Tennis Association funds,
and will also act like alliances at
other parks, including Bryant
and Central, to raise additional
money.
Th e board also has fi ve “ex-offi -
cio” members: Queens Borough
President Melinda Katz, Fmr.
Speaker Melissa Mark-Viverito,
First Deputy Mayor Anthony
Shorris, Parks Commissioner
Mitchell J. Silver, and Acting
Cultural Aff airs Commissioner
Edwin Torres.
Business Buzz
Photo: Shutterstock
Real estate groups look to expand MLS to
include listings from more of the NY metro area
BY EMILY DAVENPORT
edavenport@qns.com / @QNS
Two major real estate groups
are preparing the groundwork
to expand a multiple listing service
to cover more of the New
York metro area.
The Hudson Gateway
Association of Realtors (HGAR)
and the Long Island Board of
Realtors (LIBOR) have recently
decided to build the framework
for forming a new Multiple
Listing Service (MLS) to serve
the New York metro area.
MLS currently serves the
Bronx, Manhattan, Brooklyn,
Queens, Nassau and Suff olk
Counties. Th e new regional MLS
would include Westchester,
Putnam, Rockland and Orange
Counties and would consist of
approximately 36,000 realtor
subscribers.
“Th e new MLS would improve
services resulting in operational
effi ciencies, increased economies
of scale and enhanced
technology, that will enable
members to better serve the
buying and selling public,” said
Joseph Mottola, CEO of LIBOR.
Leaders of HGAR and LIBOR
met in June 2017 to discuss the
possibility of forming a regional
MLS. Following the growing
need from brokers for MLS
to change their strategies, they
agreed to explore a structure
that would satisfy member
needs for more accurate and
robust data across a larger geographic
area.
“A primary objective is to
create a seamless fl ow of data
for brokers and agents within
the New York Metro area,”
said Richard Haggerty, CEO of
HGAR.
Both groups are looking to
get approval from the board
of directors within the next six
months.