For Immediate Release:
April 14, 2010
Contacts:
Joel Barkin

Deputy Secretary of State for Public Affairs
212-417-5801
Gabe Roth

Gabe.Roth@dos.state.ny.us

Deputy Director of Communications
518-486-9846

Monthly New York State Corporations and Licensing Statistics

NUMBER OF NEWLY LICENSED REAL ESTATE PROFESSIONALS JUMPS

Significant gains also seen in security guard, appearance enhancement professions

For the quarter, new licensees up 23 percent, new corporate filings up 5 percent from Q1 2009

ALBANY – New York Secretary of State Lorraine Cortés-Vázquez today announced that the agency's Division of Licensing Services licensed nearly 60 percent more real estate professionals in March 2010 than in March 2009, while the number of licensed security guards and appearance enhancement operators rose 24 percent and 39 percent, respectively, during the same time period.

"The March numbers show a positive trend in the real estate industry – that it is poised to bounce back in New York in a big way. More New Yorkers are applying for licenses and starting new businesses now than at this time last year. That will lead to greater job creation down the line," Secretary of State Cortés-Vázquez said.

Overall, the number of new licensees rose 22.6 percent in the first quarter of 2010, as compared to the first quarter of 2009, and the number of newly filed incorporation papers rose 5.4 percent for the same time period.

Additionally, Secretary Cortés-Vázquez announced that the Division of Corporations received a total of 12,999 applications for incorporation in March 2010 – compared to the 12,055 applications it received in March 2009, or an increase of 7.8 percent.

A month-over-month comparison of new entity filings for business corporations, not-for-profits, limited liability companies, limited partnerships and limited liability partnerships can be found below:

Type of new business entity
March 2010
March 2009
Percent change
Business corporations
7,061
6,731
+4.9%
Not-for-profit corporations
502
477
+5.2%
Limited liability companies
5,306
4,730
+12.2%
Limited partnerships
98
89
+10.1%
Limited liability partnerships
32
28
+14.3%
Total no. new business entities
12,999
12,055
+7.8%

Below is a comparison for the same business classifications between the first quarter of 2009 and the first quarter of 2010:

Type of new business entity	Jan. – Mar. 2010	Jan. – Mar. 2009	Percent change
Business corporations	19,208	18,779	+2.3%
Not-for-profit corporations	1,215	1,236	-1.7%
Limited liability companies	14,252	12,843	+11.0%
Limited partnerships	259	259	No change
Limited liability partnerships	78	92	-15.2%
Total no. new business entities	35,012	33,209	+5.4%

Below is a year-over-year comparison for the same business classifications:

Type of new business entity
Apr. 2009 – Mar. 2010
Apr. 2008 – Mar. 2009
Percent change
Business corporations
70,570
71,827
-1.8%
Not-for-profit corporations
4,866
5,072
-4.1%
Limited liability companies
53,363
53,284
+0.1%
Limited partnerships
1,095
1,362
-20.0%
Limited liability partnerships
272
309
-12.0%
Total no. new business entities
130,166
131,854
-1.3%

A month-over-month comparison of new licensee filings for appearance enhancement businesses and operators, including cosmetology, esthetics, natural hair styling, nail specialty and waxing; real estate brokers and salespersons; and security guards can be found below:

Type of new licensee
March 2010
March 2009
Percent change
Appearance enhancement operators
1,956
1,409
+38.8%
Real estate brokers / salespeople
1,409
892
+58.0%
Security guards
2,216
1,788
+23.9%
Total number of new licensees**
7,878
5,730
+37.5%
** For a complete list of whom DOS licenses, please see the end of the release.

Below is a comparison for the same business classifications between the first quarter of 2009 and the first quarter of 2010:

Type of new licensee	Jan. – Mar. 2010	Jan. – Mar. 2009	Percent change
Appearance enhancement operators	4,196	3,689	+13.7
Real estate brokers / salespeople	3,261	2,555	+27.6
Security guards	6,705	5,248	+27.8
Total number of new licensees**	21,494	17,538	+22.6

Below is a year-over-year comparison for the total number of licensees:

Type of licensee
Total as of March 2010
Total as of March 2009
Percent change
Appearance enhancement operators
165,701
168,143
-1.5%
Real estate brokers / salespeople
113,482
125,429
-9.5%
Security guards
153,528
145,063
+5.8%
Total no. of licensees in NYS**
794,659
786,072
+1.1%

The Department of State's Division of Corporations files and maintains documents relating to business entities that are formed under the laws of New York State or authorized to do business under the laws of the state – in addition to the new entity filings listed above. The Division receives applications to register a business' name and receives certificates of amendment, such as changes in address or registered agent, as well as certificates of incorporation, merger and dissolution.

The Department of State's Division of Licensing Services plays an important role for consumers, occupational licensees and applicants and the business community in New York State. The Division is responsible for the licensure, registration and/or regulation of the following: real estate brokers and salespersons; barber shops and practitioners; appearance enhancement businesses and practitioners; private investigators; watch guard or patrol agencies; security guards; bail enforcement agents; central dispatch facilities; document destruction contractors; ticket resellers; security and fire alarm installers; hearing aid dispensers; apartment information vendors; apartment sharing agents; real estate appraisers; notaries public; bedding manufacturers and used bedding sellers; armored car carriers and guards; coin processors; home inspectors; telemarketers; athlete agents and pet cemeteries.

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