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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. REBNY’s annual banquet may be the most important networking event in the industry. -GB
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Bill-de-Blasio (2)
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 ...

feat
06/16/16
A new bill broke months of relative silence on Monday by proposing 421a 2.0 — but the measure hasn’t moved. Tags: 421a, gary labarbera, REBNY...

back to 421 feature
06/15/16
After several months of failed negotiations, the two groups at the center of the 421a dispute parted ways and temporarily “agreed to disagree.” The stalemate...

lababrbera featured
06/14/16
Six-foot-three, mustachioed and built like a bouncer, Gary LaBarbera commands attention. And that’s before he even opens his mouth. Drop him in a sea of...

787
06/13/16
When longtime Newmark Grubb Knight Frank broker Brian Goldman did a deal with Porsche for a new dealership on Automobile Row a few years ago,...

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05/26/16
Manhattan’s retail property market has been growing at a furious pace for years, but as tourism growth tapers off and the U.S. dollar appreciates against...

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05/24/16
Under Armour is in late-stage talks to take over FAO Schwarz’s former space in the General Motors Building. Tags: Boston Properties, gm building ...

20timeswitkofffeature
05/24/16
The National Football League is close to finalizing a deal to take about 25,000 square feet of retail space at the Witkoff Group-led development at...

LossFactorRetailFbox
05/20/16
As if the astronomical growth in retail rents over the past couple years wasn’t enough, some landlords are now inflating how many square feet tenants...

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05/19/16
UPDATED: May 19, 3:21 p.m.: Manhattan residential developers have pulled back significantly in 2016 in the face of a sagging luxury market and the end...

apple1feature
05/18/16
The world’s most valuable company is looking to expand its iconic retail space at the GM Building in Midtown, but may have to settle for...

Carl Heastie and John Flanagan
05/18/16
With just a few more weeks to go in the legislative session, the New York Bar City Association is calling on state lawmakers to re-enact...

060-062 WTC_Westfield se FINAL.indd
05/16/16
...in much of the city trending downward, according to the Real Estate Board of New York. Rents in 10 of Manhattan’s top 12 retail corridors dropped over...

Gulliver
05/12/16
Is it really big or really small? The heads of multifamily giant E&M Associates and partners filed plans Tuesday to construct a new, 49,000-square-foot Times...

john and andrew feature
05/12/16
...urged Albany to renew 421a, Gov. Andrew Cuomo and the Real Estate Board of New York met behind closed doors to discuss the tax break. Sources...

144
05/11/16
UPDATED, 6:45 p.m., May 11: These boots are made for Sutton. The Frye Company, a high-end leather boot retailer and manufacturer, is in late-stage negotiations...

Bill-de-Blasio-clock-FB
05/11/16
Mayor Bill de Blasio implored the state’s affordable housing developers to pressure Albany to pass a reformed 421a program before the legislative session comes to...

Bank1feature
05/09/16
...during the first quarter to a score of 7.23 on the Real Estate Board of New York’s Broker Confidence Index. (more&hellip...

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05/09/16
The prime Central London luxury home market – a major center of post-crisis real estate investment – in April recorded its lowest monthly sales volume...

John-Banks1 feat
05/05/16
...over how to reinstate the tax subsidy. The two men, Real Estate Board of New York Chairman Rob Speyer, who heads Tishman Speyer, and Stephen Ross...

Market Reports
05/04/16
...period last year, according to the latest report from the Real Estate Board of New York. Manhattan also saw an influx of office deals centered in...
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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...

madison-avenue-ground-floor-chart-feature
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...

permits-feature
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...

high-line-construction-1feat
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...

Heastie-Flanagan-FB
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...

Brooklyn-Rental-Broker-feature
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...

55548_commercial_market_report.jpg
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...

Luxe_Gets_Pinch.jpg
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...

Agents_Stayin_Power_Chart.gif
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...

REBNY-Retail-Spring-2014
“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....

REBNY-Retail-Fall-2014-FB
“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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