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Real Estate Board of New York

570 Lexington Avenue
New York, NY 10022
(212) 616-5200
Website
REBNY
Real Estate Board of New York
The Real Estate Board of New York, or REBNY, is a trade association that lobbies on behalf of the real estate industry in the city. The board, established in 1896, has about 16,000 members and these include real estate brokers, property owners and developers, industry lawyers, and architects. The organization collects about $6 million a year in dues. Since 2014, John H. Banks III has served as president. He replaced Steven Spinola, who had served as REBNY president in since 1986. The organization strives to ensure that rent regulations and various tax breaks, such as the 421a tax abatement program, benefit developers and it promotes other industry-backed government policies. It also backs political candidates it expects will favor real estate companies. The majority of its members are residential real estate agents. The group offers professional education programs, including state-certified required courses for licensing. REBNYs annual banquet may be the most important networking event in the industry. -GB
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Sunnyside copy
09/19/16
Phipps Houses has withdrawn a rezoning application that would have paved the way for its controversial affordable housing development in Sunnyside. ...

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09/19/16
Comedian Lewis Black once described New York as the “loudest city on the planet Earth,” saying: “They literally have guys come with jackhammers and they drill...

John Banks
09/16/16
...able to move forward (with a project) is really problematic,” Real Estate Board of New York president John Banks said at a recent New York Bar...

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09/14/16
Property tax breaks under the 421a program will cut into the New York’s tax revenue until 2044, according to a report by the city’s Independent...

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09/12/16
A backstage drama is brewing between the city, developers and theater owners. Tags: Air Rights, broadway, Theater District ...

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09/09/16
...From the September issue: Real Estate Board of New York...

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08/30/16
...Steve Spinola and Bill de Blasio The powerful Real Estate Board of New York is known for its ability to flex its political muscles...

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08/29/16
A little over a year ago, Mayor Bill de Blasio unleashed a rant about a revenge-hungry presence in Albany: Gov. Andrew Cuomo. “What I found...

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08/24/16
Since the 1990s, New York brokers and investors have been dependent on a single data provider for commercial leasing information: CoStar. “We’ve all become addicted to...

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08/22/16
Gov. Andrew Cuomo’s proposal to revive the 421a program took the New York real estate industry by surprise last week, but its key provision is...

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08/18/16
...step forward in what has been a stalemate between the Real Estate Board of New York and the Building Construction Trades Council of Greater New York...

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08/18/16
In an attempt to save the defunct 421a tax abatement program, Gov. Andrew Cuomo on Wednesday formally offered to subsidize construction wages at affordable housing...

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08/17/16
Celebrity chef Todd English is the final tenant to join Jared Kushner’s retail condo at Times Square. ...

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08/15/16
...the looming presidential election, according to a survey by the Real Estate Board of New York. REBNY’s broker confidence index, which measures brokers’ optimism based...

airbnb
08/10/16
Ashton Kutcher, along with the co-founders of Facebook and PayPal, are urging Gov. Andrew Cuomo to veto a bill that would impose fines on Airbnb...

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08/05/16
...years! Four more years! Or maybe just one more. The Real Estate Board of New York has extended Rob Speyer's term as chairman of the organization...

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08/04/16
...Scott Rechler and Todd Kaminsky More than a quarter of Real Estate Board of New York members’ donations to New York Senate candidates and parties this...

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08/01/16
A group of developers and landlords is urging Gov. Andrew Cuomo to sign a bill into law that would ban short-term rental services like Airbnb...

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07/29/16
Big-box retailer Target inked a deal to open a small-format store at in the East Village at Extell Development’s proposed two-building development. Tags: extell development,...

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07/26/16
Brookfield Property Partners is close to an agreement with JLL awarding the brokerage the leasing assignment for about 250,000 square feet of retail at Manhattan...

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07/20/16
Mayor Bill de Blasio signed an executive order late last week mandating that developers of certain projects allow on-site workers to unionize. The order applies...

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06/29/16
The state’s top Republican lawmaker said all it would take is some pressure from Gov. Andrew Cuomo to get a new deal done on 421a,...

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06/24/16
...State Supreme Court Justice Margaret Chan ruled Thursday that the Real Estate Board of New York, which sought to overturn the law in a pair of...

Airbnb-founders-Joe-Gebbia-Nathan-Blecharczyk-and-Brian-Chesky
06/24/16
...and Nathan Blecharczyk Game on: A fight between the powerful Real Estate Board of New York and short-term rentals giant Airbnb erupted in Albany last week...

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06/17/16
As the legislative session continues to drag to a close, New York is still without 421a. Tags: 421a, Andrew Cuomo, REBNY ...
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Real Estate Board of New York, President
570 Lexington Ave, 2nd Floor, New York, NY, 212.616.5200
John Banks is president of the Real Estate Board of New York. Banks...
REBNY, President
570 Lexington Avenue, New York, NY, (212) 616-5200
Since 1986, Steven Spinola is the former president of the Real Estate Board of...

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After two years of decline, the city’s retail market is experiencing a sudden burst of activity. Retail tenants with an eye for a deal are...

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The total amount of available ground-floor retail space along Madison Avenue has been growing in recent months, insiders said. “There are a lot of vacancies...

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04/13/16
The city greenlit less than 2,000 new residential units in the first quarter, a far cry from the nearly 6,500 units approved during the same...

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02/19/16
Following a rush in issued construction permits that qualified for the now-dead 421a tax break, only 453 units of housing were approved for construction in New...

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01/19/16
Two of the “Three Men in a Room” — Sheldon Silver and Dean Skelos — are bound for prison, but relationships with influential politicians remain...

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It’s increasingly difficult to say anything about the Brooklyn real estate market without getting very trite, very fast. Industry players still use terms like ...

manhattan-retail
With Upper Fifth Avenue snatching back from Hong Kong’s Causeway Bay the title as the world’s most expensive retail district, aggressive bets made in Manhattan...

Managing Agents
They pencil out budgets. They organize repairs. They field complaints about noise in the middle of the night. And many of Manhattan’s managing agents —...

Karen Heyman and Alan Heyman, Sotheby's International Realty The business of selling Brooklyn real estate has changed drastically in recent years. When Brooklyn native Karen Heyman...

Last month, New York Magazine surprised Manhattanites when it named Park Slope "The Most Livable Neighborhood in New York." But the ranking came as no...

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The Downtown office market, a hot topic at a major summit held last month on the World Trade Center site, has held up better than the...

Apartment sales in Manhattan were either flat or down 34 percent in the first quarter of the year. Meanwhile, the average price of a studio...

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Financial news has been bleak as of late, with the credit crisis and the collapse of Bear Stearns rocking the real estate world. Yet while...

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Hiring may be down, but broker numbers stay strong even as sales prices level off ...

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Residential building boom, new Times headquarters drive up store rents on 42nd Street ...

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In increasingly crowded field of pricey towers, highest combined office and retail costs; ties with ...

A deal that brought big-box retailer Home Depot to Manhattan for the first time and a lease that helped to upgrade a rundown portion of...

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Compared to the sales market, the rental market in Manhattan is a lot like the Wild West. There are fewer rules; transactions move faster; deals...

REBNY
The Real Estate Board of New York’s Broker Confidence Index remained largely unchanged at 8.84 in the second quarter of the year.  Confidence fell slightly from 9.05...

REBNY FT
Broker confidence was at a record high of 9.22 in Q4 of 2014, according to the Real Estate Board of New York’s Real Estate Broker...

Q4 2014 REBNY FT
New York City residential home prices rose but sales volume declined in the fourth quarter of 2014, according to a new report from the Real Estate...

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“Manhattan’s retail leasing market remained vibrant through the first quarter of 2014. Strong interest in prime corridors and the repositioning of other corridors resulted in strong market conditions....

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“The leasing market for Manhattan retail space has maintained its strength, bolstered by strong demand and additional retail spaces coming on the market in new mixed use developments....
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