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Posts Tagged ‘REBNY’

  • From left: Steven Spinola, Leonard Litwin and Andrew Cuomo

    From left: Steven Spinola, Leonard Litwin and Andrew Cuomo

    Members of the Real Estate Board of New York and their firms spent $21.7 million on campaign contributions during the most recent state-level elections, accounting for more than a tenth of the total of donations. [more]

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  • The Mandarin Oriental in Columbus Circle (inset: REBNY president Steven Spinola and Corey Johnson)

    The Mandarin Oriental in Columbus Circle (inset: REBNY president Steven Spinola and Corey Johnson)

    The Real Estate Board of New York and other industry organizations are fighting City Council legislation that would make it trickier to convert existing hotels to residential or other use. [more]

    3 Comments
  • Eileen Spinola leaving REBNY

    February 13, 2015 02:34PM
    Eileen Spinola (Credit: Steve Friedman)

    Eileen Spinola (Credit: Steve Friedman)

    Eileen Spinola, the wife of outgoing Real Estate Board of New York President Steven Spinola and a key behind-the-scenes influencer at the city’s most powerful trade group, is leaving the organization.

    “About a year ago, my husband and I made the difficult decision to retire,” Ms. Spinola said in a statement. “Time stands still for no one and although I am leaving a dream job I will now have the time to pursue dreams deferred.” [more]

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  • catlion

    New York City brokers are more bullish on the real estate market than they’ve been in two years. Broker confidence is at its highest since the spring of 2012, the first year that Real Estate Board of New York began taking brokers’ temperatures on market strength.

    Broker confidence overall rose to 9.22 in the fourth quarter of 2014, up from 8.8 in the third quarter, according to a REBNY survey. The index is also up from 9 during the fourth quarter of 2013. [more]

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  • From left: Steven Spinola poses with Mayor Bill de Blasio and Rob Speyer at the 2015 REBNY gala

    From left: Steven Spinola poses with Mayor Bill de Blasio and Rob Speyer at the 2015 REBNY gala (Credit: Gotham for REBNY)

    The Real Estate Board of New York’s balance sheet showed its narrowest operating-profit margin in recent years, as the city’s most powerful lobbying group saw its legal bills spike 171 percent, according to the nonprofit’s most recently available tax filings.

    REBNY posted a gain of $47,593 on its essential business operations such as collecting member dues and putting on the group’s yearly gala in 2013, down from roughly $830,000 the year before, its 2013 tax forms filed with the federal government show. [more]

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  • REBNY blasts unsafe-buildings bill

    January 29, 2015 01:32PM
    From left: Councilwoman Margaret Chin and Steven Spinola

    From left: Councilwoman Margaret Chin and Steven Spinola

    The Real Estate Board of New York has attacked a bill supported by many tenant advocates that would require landlords to put tenant relocation funds into escrow while repairs to unsafe buildings are made.

    REBNY claims the measure would unfairly harm landlords. Councilwoman Margaret Chin, who wrote the bill, will hold a press conference today on the steps of City Hall to renew the push for passage of the legislation. [more]

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  • Clockwise from top left: Mary Ann Tighe, Jessica Lappin, John Banks, Jonathan Mechanic, Amy Rose and Joanne Podell

    Clockwise from top left: Mary Ann Tighe, Jessica Lappin, John Banks, Jonathan Mechanic, Amy Rose and Joanne Podell

    For nearly three decades, Steven Spinola has been working hundreds of rooms in Albany, Washington and New York City on behalf of the real estate industry, and this evening, at the Real Estate Board of New York’s 119th annual banquet, the room was unequivocally his. See full story and slideshow after the jump.

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  • High praise for Spinola’s successor

    January 09, 2015 10:00AM
    From left: John Banks and Steven Spinola

    From left: John Banks and Steven Spinola

    From the January issue: The real estate industry faces some big unknowns as 2015 gets underway. Thorny issues like terrorism risk insurance and 421a tax abatements will come up against a new political landscape in Washington, D.C., and new dynamics in Albany.

    And as this plays out, there will be a new face representing the industry in New York City for the first time in 30 years.[more]

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  • From left: the Albany statehouse, Steven Spinola and Andrew Cuomo

    From left: the Albany statehouse, Steven Spinola and Andrew Cuomo

    As state lawmakers have returned to work and Governor Andrew Cuomo has been inaugurated for his second term, one of the most important issues on the agenda in Albany will be housing related. [more]

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  • From left: One World Trade Center, Steven Spinola and Carolyn Maloney

    From left: One World Trade Center, Steven Spinola and Carolyn Maloney

    Despite the legislative jockeying taking place on Capitol Hill, the Real Estate Board of New York said it is confident Congress will renew the Terrorism Risk Insurance Act. Failure to do so, industry experts warn, could have dire consequences for Manhattan’s most at-risk properties. [more]

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  • banks-rebny

    From left: John Banks and Steven Spinola

    The Real Estate Board of New York on Tuesday officially named John Banks as the group’s next president.

    Banks, vice president of government relations at Consolidated Edison, was said to be the front-runner for the position after Steven Spinola retires in 2015. He is expected to take the role of president-elect on March 2. [more]

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  • From left: Amir Korangy, Marc Murphy, Leonard Steinberg, Jeffrey Brodsky and Andrew Goldberg

    From left: Amir Korangy, Marc Murphy, Leonard Steinberg, Jeffrey Brodsky and Andrew Goldberg

    Like Prince Edward in Mark Twain’s 1881 novel The Prince and the Pauper, today’s buyers of Manhattan’s top real estate can become jaded when everything on the market carries the luxury tag – and the word itself starts to lose its meaning.

    [more]

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  • From left: RSA's Joseph Strasburg and the state senate

    From left: RSA’s Joseph Strasburg and the state senate

    The Rent Stabilization Association quietly donated $500,000 on state Republican candidates in the midterm elections. [more]

    2 Comments
  • rebny-new

    From left: John Banks and Steven Spinola

    John Banks, vice president of government relations at Consolidated Edison, is the front-runner to take over as the Real Estate Board of New York president after Steven Spinola exits in late 2015.

    The board of governors for REBNY, which is one of the state’s biggest lobbying groups, has been searching for a candidate since June. That’s when Spinola announced his retirement. [more]

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  • The Dior store on 57th Street

    The Dior store on 57th Street

    Retail rents along 57th Street surged over the last six months as millionaires and billionaires closed on pricey condominium units at 432 Park Avenue and developers moved forward with other pricey towers. In addition, space on Broadway near the World Trade Center rose sharply, information from a new report from the trade group the Real Estate Board of New York shows. [more]

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  • Broker confidence slipping: REBNY

    October 28, 2014 08:30AM
    Steven Spinola

    Steven Spinola

    New York’s real estate brokers seem to be losing faith.

    In a new Real Estate Board of New York survey, the city’s brokers said they are less confident in the housing market than they were three months ago, according to Capital NY. Tight credit and a lack of inventory for middle-income buyers are influencing the brokers’ negative outlook, according to the website.

    The broker confidence index dropped to 8.80 at the end of September from 8.88 in the second quarter. Brokers are still more confident than they were a year ago during the same period, when the score was 8.75. [more]

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  • rebny

    From left: Timothy Melzer, Linda Guido, Reba Miller, Sharon Burroughs and Katie LoGatto on behalf of Shelley Lindauer at the REBNY Deal of the Year awards. (Credit: Gotham Photo Company)

    Manhattan’s top dealmakers descended on the Metropolitan Pavilion in Chelsea last night for accolades, cocktails, and a tribute to local cinema complete with a Liza Minnelli impersonator belting “New York, New York.” Twas the night of the Real Estate Board of New York’s 26th annual residential Deal of the Year awards, and though the setting was glamorous — the event carried the theme of New York City’s depiction in film and TV — the top honors went to a deal that was anything but. Click here for a slideshow and story.

    3 Comments
  • REBNY’s political arm raises $1.9M

    October 14, 2014 08:00AM
    From left: Richard LeFrak, Leonard Litwin and Donald Zucker

    From left: Richard LeFrak, Leonard Litwin and Donald Zucker

    Jobs For New York, the political action committee that is backed by the Real Estate Board of New York, has raised $1.86 million in its first 11 days. [more]

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  • Tony Avella and Steven Spinola

    Queens state Senator Tony Avella, despite denouncing the Real Estate Board of New York’s $8 million in contributions to New York City Council candidates, reportedly raked in tens of thousands of dollars in his own donations from the industry’s most deep-pocketed donors.

    According to campaign finance records cited by Crain’s, Avella took two donations of $10,000 each from limited liability companies sharing a Long Island address with Glenwood Management. The developer gave hundreds of thousands of dollars to Jobs for New York in 2013, REBNY’s political spending arm that operates separately from candidates. [more]

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  • REBNY targets state Senate elections

    October 03, 2014 12:00PM
    From left: Terrence Murphy, Sue Serino and George Amedore

    From left: Terrence Murphy, Sue Serino and George Amedore

    After dominating spending on City Council elections, the political action committee backed by the Real Estate Board of New York is looking to tip the scales in state Senate elections.

    The PAC, Jobs for New York, has filed with the state to operate a new campaign committee at the state level, Crain’s reported. It plans to focus its fundraising on supporting three Republican candidates, according to the news site. [more]

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