Susan Baldwin

Susan D. Baldwin, MAI, AI-GRS


Susan D. Baldwin earned her MAI designation in 1992 and her Review designation AI-GRs, in 2018. She holds a NYS General Certified Real Estate Appraiser license in both New York State and Pennsylvania. She is President of CNY Pomeroy Appraisers, Inc. which was formerly known as Armory Square Valuation Services, Inc. Susan has been a commercial real estate appraiser since 1986 after graduating from college with a degree in Economics from State University of New York College at Cortland. She is a qualified real estate appraiser with valuation expertise in commercial, industrial, apartments and special purpose property. Ms. Baldwin also has a concentration in golf course valuation.

In 2005, Susan served as President of the Upstate New York Chapter of the Appraisal Institute and has always been active with the local chapter to include being on the Board of Directors, Chairperson for Candidate Guidance, and Syracuse District Chair. She is currently a Candidate Advisor for three practicing Affiliates of the Appraisal Institute. She has provided expert testimony in the New York State Supreme Court.

Ms. Baldwin serves as Chairperson of the Grievance Board for the Town of Cazenovia for over 25 years. She is a board member of the YMCA and a board member of the Cazenovia Golf Club. She is also owns several real estate assets in Central New York.

Professional Advancement:

  • State Certified General Real Estate Appraiser #46-3166
  • Member – Appraisal Institute (MAI) (AI-GRS)
  • Past President – Upstate Chapter of the Appraisal Institute (2005)
  • Expert witness New York State Supreme Court
  • Completed two courses by the American Institute of Banking:
    • Analyzing Financial Statements and Real Estate Finance
  • New York State Department of Transportation Approved


  • Graduated 1985 – State University College at Cortland with B.A. degree in Economics

Sampling of Seminars Attended:

  • Discounted Cash Flow Analysis
  • Subdivision Analysis
  • Scope of Work
  • The Appraiser as Expert Witness
  • Appraisal of Retail Properties
  • Appraisal of Nursing Facilities
  • Automated Valuation Models
  • High Tech Appraisal OfficeSmall Hotel/Motel
  • Valuation of Detrimental Properties
  • Internet and Appraising
  • Partial Interest Valuation – Divided

Completed Courses & Designation Requirements Sponsored by The Appraisal Institute:

  • Evaluating Commercial Construction.
  • Fundamentals of Separating Real Property, Personal Property and Intangible Business Assets.
  • Standards of Professional Practice.
  • Real Estate Appraisal Principles.
  • Basic Valuation Procedures.
  • Capitalization Theory and Techniques Part A.
  • Capitalization Theory and Techniques Part B.
  • Case Studies in Real Estate Valuation.
  • Report Writing and Valuation Analysis.
  • Complete Credit for the Demonstration Appraisal.
  • Litigation Valuation Overview.


Appraisal experience in numerous types of real property including restaurants, apartment complexes, warehouses, offices, retail properties, self-storage facilities, auto service facilities, manufacturing plants, hotels, motels, inns, golf courses and single-family homes.

  • 2016 to Present: CNY Pomeroy Appraisers, Inc.
  • 2007 to 2015″ Armory Square Valuation Services, Inc.
  • 1997 to 2007: Summit Associates
  • 1988 to 1997: The Peatfield Company, Ltd. of Syracuse, NY
  • 1986 to 1988: National Bank and Trust Company of Norwich, NY

Appraisals and/or Real Estate Consulting Work Performed For:

  • KeyBank, N.A.
  • M&T Bank
  • Solvay Bank
  • Fulton Savings Bank
  • Berkshire Bank
  • NBT Bank, N.A.
  • The Lyons National Bank
  • Five Star Bank
  • Pathfinder Bank
  • Generations Bank
  • Adirondack Bank
  • Upstate Bank
  • AmeriCU Credit Union
  • Community Bank, N.A.
  • Chemung Canal Trust Company
  • Seneca Federal Savings and Loan Association
  • Governmental Agencies
  • Municipalities, Attorneys, Developers and Individuals.