The Appraisal Institute (AI) Board of Directors elected Paula Konikoff vice president at its annual conference in Las Vegas. Her one-year term as vice president will begin Jan. 1. and she’ll also serve for one year as chair of the Finance Committee.
Konikoff will serve as president-elect in 2024, president in 2025 and immediate past president in 2026.
Her career started in advertising and she quickly moved to law. She joined the corporate department of a large firm in 1978 where her practice focused on corporate governance and mergers and acquisitions. This corporate practice had her review financial statements and appraisals of both businesses and real estate, AI said in a release.
Konikoff became active in the AIREA (a predecessor organization to the Appraisal Institute) as a member of her chapter’s Admission Committee and as an instructor.
“Her appraisal education taught her that she was attracted to standards and ethics and that is what she initially taught,” AI said in the release. “She went on to the Appraisal Institute’s Standards Committee and to the Ethics Committee. She was also on her chapter’s board of directors. When her term on the Appraisal Standards Board ended, she was appointed to AI’s Professional Standards and Guidance Committee (then ASC), and has been a member or, more often, chair, of a national committee since 2010.
“Most recently, she was instrumental in the creation of the Women’s Initiative Committee and was the first chair of that committee starting in 2019,” the release stated.
Konikoff has made presentations to AI chapters, regions and at the annual conference. She is the author of the book, “Appraisers in Arbitration,” the developer of online seminars, was on the development team for the AI-GRS qualifying education and is a reviewer of textbooks and articles submitted to The Appraisal Journal.
She has also been a speaker at conferences of the American Bar Association, the Urban Land Institute, the Counselors of Real Estate and the New York City Bar Association. She has taught at New York University, Columbia University and the New York School of Law.
Now on the AI Board of Directors as vice chair of Region VII, she is also a member of the Body of Knowledge Committee. Konikoff has been honored twice with the AI President’s Award and once with the Y.T. and Louise Lee Lum Award.