Community Magazine July 2021

18 COMMUNITY MAGAZINE WEEK ONE : FINANCIAL JULY 15-18, 2019 I MON.-THURS. I 9AM – 5:30PM - Hillel Yeshiva, Ocean Twp. OR ANALYSIS JULY 22-25, 2019 I MON.-THURS. I 9AM – 5:30PM - Five Towns JCC, Far Rockaway What you’ll learn :  Essential concepts of real estate financial & investment analysis  Property valuation: How to develop an operating statement and apply capitalization rates to estimate property value  Determining net operating income (NOI)  Multi-year cash flow forecast – the pro forma income statement  How to estimate asset value and investment returns Course #: REFI-1010-02 $1,995 Register & pay by June 15 with early bird: $1,895 WEEK TWO: DEVELOPMENT JULY 22-25 I MON.-THURS. I 9AM – 5: 30PM - Hillel Yeshiva, Ocean Twp. OR PROCESS JULY 29- AUG 1 I MON.-THURS. I 10:30AM – 6PM - Five Towns JCC, Far Rockaway What you’ll learn :  The phases and procedures of developing various property types – multifamily and mixed-use  How to conduct a market analysis and site selection  Marketability and design considerations, budgets, and project pro forma  How to create a feasibility study; raising equity and financing  Construction considerations, marketing and leasing, property management Course #: REFI-1020-02 $1,995 Register & pay by May 30 with early bird: $1,895 To register: e-mail: realestate@fordham.edu or call 212-636-7626 www.fordham.edu/realestate Who Should Enroll?  Current and potential real estate investors  People considering a career in real estate  Those looking to pivot in their career Real Estate Certificate in Finance & Investment Early Bird Special: Save up to $200 if you register and pay by June 15 Summer Intensive Starting July 15 Hillel Yeshiva 1025 Deal Road, Ocean Township, NJ Program Advantages  Taught by real estate finance and investment professionals  Convenient location: Hillel Yeshiva  Those who complete the certificate are eligible for a GMAT waiver for Fordham’s MS in Real Estate לעילוי נשמתם של משה בן עליזה, יצחק הלל בן עליזה, והנרייט לאה בת עליזה, דוד בן גילה, רבקה בת גילה, יהושע בן גילה, משה בן גילה, שרה בת גילה, יעקב בן גילה, ואליאנה בת גילה. ולרפואה שלמה ליוסף בן אהובה מסעודה, שילת אהובה בת עליזה, ודניאל בן עליזה. Home&Stone FIXTURES FAUCETS HARDWARE ACCESSORIES 1663 Coney Island Ave Brooklyn NY 11230 Valet Parking Appointments Welcome 718.787.1000 homeandstone.com @homeandstone easier, and more fulfilling if we leave the “water,” our life of Torah commitment. Lamenting Our Spiritual Exile With this in mind, we can perhaps return to the story of the fox running from the site of the kodesh hakodashim . The rabbis saw this scene as a frightening symbol – one which portended the realization of their worst fears. They foresaw the “foxes” of all kinds succeeding in luring Jews away from the “ kodesh hakodashim ,” Torah commitment. What disturbed them was something even worse than the rubble they saw at the place where thousands of Jews would assemble at the spectacular, sacred Bet Hamikdash to serve Gd. They were horror-stricken by the spiritual exile which they foresaw, the widespread departure from the “ kodesh hakodashim ,” Jews heeding the foolish advice of the “fox” and abandoning their heritage. This tragic process had already unfolded many years earlier, during the time of the prophet Yirmiyahu. In one of the haftarot read in the weeks leading up to Tishah B’Av, we read Gd’s harsh condemnation of the people for “ shetayim ra’ot ” – “two evils” which theycommittedagainstHim(Yirmiyahu 2:13). First, “You abandoned Me, the source of life water.” Abandoning Gd under any circumstances is bad, but even worse, the Jews abandoned Him “to chisel for yourselves cisterns – broken cisterns which cannot contain water.” The Jews turned their back on their faith in favor of vanity, of hollow beliefs, of emptiness. They were lured and tempted by the various different “foxes” that convinced them they would be better off out of the “ mayim hayim ” – the “life water,” our source of spiritual sustenance. But what they found was “broken cisterns,” a life without meaning, without substance, without direction and without real values. This was Rabbi Akiva’s colleagues’ greatest fear. They foresaw the years in exile when the Jews would be dispersed throughout the world, and exist as a small, disliked minority among other cultures and societies. The “foxes” all around them will lure them out of the “ kodesh hakodashim ,” away from Torah, and convince them to embrace the “broken cisterns” of the other nations. The other rabbis wept, but Rabbi Akiva rejoiced. Rabbi Akiva had been fully ignorant of Torah – and could not even read – until the age of forty. He was very, very far from the “ kodesh hakodashim .” He lived a life bereft of Torah devotion. But once he decided to change, and to begin making his way towards the “ kodesh hakodashim ,” he not only succeeded, but emerged as one of the leading sages of the Jewish People. Rabbi Akiva’s life story shows that our departure from the “ kodesh hakodashim ” is not the end of the story. We can always return. Even if the seductive lures of the “fox” succeed in drawing us away from our life source, we must trust in our ability to find our way back. o e St FIXTURES FAUCETS HARDWARE ACCESSORIES 1663 Coney Island Ave Brooklyn NY 11230 Valet Parking A pointments Welcome 718.787.1000 homeandstone.com @homeandstone ixtures Faucets Hardware accessories 1663 coney island avenue Brooklyn NY 11230 Monday–wednesday 9am–5:30pm thursday 9am–7pm sunday 11am–5pm Valet Parking appointments welcome 718.787.1000 www.homeandstone.com e stone