Newman Real Estate Institute Introduces
ISO 55000 for Real Estate and Infrastructure

David A. Paterson, 55th Governor of New York Slated to Participate
in "The Inaugural ISO 55000 Conference
for the United States"

Bookmark and Share

NEW YORK, NY- May 2, 2014 – Former New York State Governor David A. Paterson is scheduled to attend and participate in the “The Inaugural ISO 55000 Conference for the United States: Applying the New International Series of Standards for Asset Management in Real Estate and Infrastructure” on May 13, presented by The Steven L. Newman Real Estate Institute at the Zicklin School of Business, Baruch College.

During this significant event, which is being presented in collaboration with the University of Wisconsin-Madison, key authors of ISO 55000 will introduce its new global language of asset management to the real estate and infrastructure communities.

“We are excited and honored to welcome Governor Paterson to discuss this important issue affecting real estate and infrastructure in our city,” says Jack S. Nyman, Executive Director of The Steven L. Newman Real Estate Institute. “As a state and national leader, Governor Paterson will provide a unique perspective to this important topic.”

With the endorsement of the Institute of Asset Management (IAM) the American National Accreditation Board (ANAB), the US Technical Advisory Group for ISO 55000, and other key asset management organizations, this conference will provide executives and managers of public and private sector organizations a comprehensive overview of the new asset management guidelines as applied to real estate and infrastructure. These will include vital safety, security, energy, reliability, systems and environmental concerns among others. You will learn why a new standard is needed now, from senior managers of the Port Authority of NY & NJ, MTA, Sodexo, Autodesk, New York Presbyterian Hospital and Genzyme. You will discover what this vital new standard’s requirements entail to assist the effective and comprehensive management of assets.


The ISO Standard

“The release of this new ISO standard is significant for managers of physical assets in order for them to remain current with the rapidly changing demands of their industries and our world,” says Jack S. Nyman, Executive Director of The Steven L. Newman Real Estate Institute. “It is further significant that our Institute’s national leadership role for the real estate industry has been recognized as the ideal voice for the dissemination of this important global standard,” says Nyman. “The acceptance and adaptation of ISO 55000 is gaining momentum, as attendees will learn from authors of the new standard as well as from top level asset managers, representing an important cross section of public, private and government organizations who administer immense and highly complex portfolios of assets. The standard is risk based and requires a lifecycle view of assets, which makes it an ideal framework for organizations to address contemporary topics such as safety, security resiliency, energy and environmental planning.”

Nyman also notes the importance of understanding and implementing these standards and says, “Think about the effects Hurricane Sandy had on our city’s infrastructure. Planning for the future is an integral part of this new standard. The standard is not just about risk, it is also about opportunity and building value," Nyman says.

Thomas W. Smith, Program Director, Department of Engineering at the University of Wisconsin, Madison, a conference presenter, and one of the principal authors of the standard says, “The definition of asset management, as contained in the standard is succinct, but was very carefully considered by the committee, and deserves our continued attention. It is the coordinated activity of an organization to realize value from its assets.”

In addition to Governor David A. Paterson, this conference will feature many subject matter experts, some of whom helped author the standard including: Thomas F. Prendergast, MTA Chairman and CEO; Michael A. Salvato, Executive Program Manager, Enterprise Asset Management, MTA; Keith Hamer, Senior Vice President, Asset Management, Sodexo; Joanna Rosato, Public Buildings Service Regional Commissioner, Mid-Atlantic Region/U.S. General Services Administration; Thomas W. Smith, Program Director, Department of Engineering, University of Wisconsin-Madison; Scott Morris, Director of Global Engineering, Genzyme Corporation; and Matthias Ebinger, Director, New York Presbyterian Hospital.

*Media are invited to attend for FREE. For more information, visit



“The Inaugural ISO 55000 Conference for the United States”

Tuesday, May 13
8 a.m. – 12 p.m., Panel Discussion
1:30 p.m. – 3 p.m. Breakout Programs
Program Agenda here

Panel Discussion: Baruch College, Rooms 750 and 760, William and Anita Newman Conference Center (Information and Technology Building), 151 E. 25th St., New York, NY
Breakout Programs:  Infor Corporate Headquarters, 641 Avenue of the Americas (corner of 20th St.), New York, NY


RESERVATIONS REQUIRED: Click here to register
Corporate Attendee: $150
Government of Academic Attendee: $60
Baruch Student or Faculty: FREE


INFORMATION: Sara Hilska Taylor,, (646) 660-6953

SPONSORS: Autodesk; C/F Data Systems; The ANSI-ASQ National Accreditation Board (ANAB); The Association for Maintenance Professionals (AMP); Infor; CH2M HILL;; Jacobs Engineering Group Inc.; The Metropolitan Transportation Authority (MTA);; and The Society for Maintenance & Reliability Professionals (SMRP)

Three hours of Continuing Education Units are available for Professional Engineers in all 50 states and for those with BOMI certification in Asset Management, Commercial Property and Facility Management Systems.



About The Steven L. Newman Real Estate Institute:

The Steven L. Newman Real Estate Institute at Baruch College offers a wide range of educational and research opportunities to broadly address the needs of the real estate industry. The Institute is part of the Zicklin School of Business, the largest accredited collegiate school of business in the United States, and offers professional education courses and workshops to train current practitioners, as well as the next generation of real estate professionals, helping them succeed in, and contribute to, a dynamic and fast-evolving marketplace. As Executive Director of The Steven L. Newman Real Estate Institute, Jack S. Nyman leads operations, strategic planning and industry partnering; and guides professional development and continuing education programming, topical research, symposia and public events. Under his direction, the Institute has achieved national recognition as an industry provided of cutting edge programs to inform real estate asset managers on cost effective strategies for portfolio optimization. Individuals, academics, students, corporations, nonprofits, and government agencies all benefit from the programs offered by the Institute.




About Baruch College:

Baruch College is a senior college in the City University of New York (CUNY) with a total enrollment of more than 17,000 students, who represent 160 countries and speak more than 100 languages. Ranked among the top 15% of U.S. colleges and the No. 5 public regional university, Baruch College is regularly recognized as among the most ethnically diverse colleges in the country. As a public institution with a tradition of academic excellence, Baruch College offers accessibility and opportunity for students from every corner of New York City and from around the world.  For more about Baruch College, go to


Media Contacts:

Manny Romero, (646) 660-6141,
Mercedes Sanchez, (646) 660-6112,
Celene McDermott, (646) 660-6134,