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Jan 28 2008

NYIT Elects Louis C. Grassi to its Board of Trustees

Old Westbury, N.Y. (Jan. 28, 2008) — New York Institute of Technology (NYIT) has announced the election of Louis C. Grassi, CPA, CFE, of Old Westbury, N.Y., to its board of trustees.

Mr. Grassi is the managing partner of Grassi & Co., a full-service tax, accounting, technology, and business and management advisory firm headquartered in Lake Success, N.Y. Founded in 1980, the firm also provides services to its clients internationally through its affiliation with Moore Stephen International Limited.

A member of the American Institute of Certified Public Accountants, Mr. Grassi has served as an executive board officer for the New York State Society of Certified Public Accountants. He is a contributing editor to the Corporate Controller's Manual and was editor of the Journal of Construction Accounting & Taxation. In addition, he was a member of the editorial advisory board of CPA Managing Partner Report, The CPA Journal, and other industry publications. Mr. Grassi is a member of the Nassau County (N.Y.) comptroller’s audit committee and also serves on the boards of BRT Realty Trust and Flushing Financial Corporation. He is the former chairman of the Education & Assistance Corporation, a not-for-profit organization that provides a wide array of educational, vocational, and counseling services to more than 45,000 people each year in the New York metropolitan area.

“Lou is a highly respected business and community leader,” said NYIT Board of Trustees Chairperson Linda Davila (B.S. ’78). “He has been a long-time supporter of NYIT and will be an invaluable resource and addition to our board.”

Mr. Grassi holds a business administration degree in accounting from Queens College. He completed postgraduate courses in taxation and earned the designation of certified fraud examiner (CFE) from the National Association of Certified Fraud Examiners.

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