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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
01/29/16
Call it the 421a expiration hustle: developers and architects raced to obtain permits and begin construction in December before the tax abatement program expired this...
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01/27/16
State lawmakers urged Mayor Bill de Blasio on Tuesday to cap the city’s property-tax rate – arguing that New York City is flush with cash....
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01/25/16
Many of the real estate attorneys who advise New York City developers on the 421a tax abatement share one sentiment – they can’t believe Albany...
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01/25/16
Fillmore Real Estate, Brooklyn’s largest independent brokerage, is joining the Real Estate Board of New York, significantly increasing the trade group’s presence as it continues...
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01/22/16
Amid an environment of greater scrutiny following the recent political scandals in Albany, the Real Estate Board of New York slashed its campaign spending in...
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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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01/19/16
As the city’s real estate industry comes to terms with Friday’s expiration of the 421a tax abatement program, there remain questions over what the development...
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01/15/16
The 421a tax abatement program, which grants subsidies to developers who offer affordable units in new buildings, is officially done — for now.  Tags: 421a, John Banks,...
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01/13/16
With just two days left before Friday’s deadline, negotiations between developers’ representatives and the city’s construction unions over the future of the 421a tax abatement...
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01/12/16
As negotiators race to salvage the 421a tax abatement, Mayor Bill de Blasio won’t even speak about the possibility they’ll fail to strike an accord....
John Banks
12/31/15
The Real Estate Board of New York is having none of the backlash toward Midtown’s new generation of supertall skyscrapers. From CIM Group’s 432 Park...
Doorman Jereme Herring poses for a portrait in front of the 341 Eastern Parkway luxury apartments in Crown Heights, Brooklyn, N.Y.

CREDIT:  Bryan Anselm for ProPublica
12/30/15
When Isaac Bowman got a concierge job at a Queens apartment building last year, he hoped it would be his ticket out of a homeless...
Steven Spinola
12/27/15
The more than 12,000 members of the Real Estate Board of New York will soon be reaching for their checkbooks to send their annual dues...
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12/16/15
The Real Estate Board of New York and the Partnership for New York City, two powerful business groups, are throwing their weight behind the de...
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12/02/15
The Jackson Group acquired a five-story retail and commercial building at 712 Madison Avenue on the Upper East Side for $83 million. Tags: david yurman,...
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12/02/15
From the December issue: When WeWork’s co-founder Adam Neumann first met Forest City Ratner’s top two executives — Bruce Ratner and MaryAnne Gilmartin — four...
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12/01/15
Residential listings database Nestio just raised $8 million in a Series A fundraising round, CEO Caren Maio told The Real Deal. Trinity Ventures led the round,...
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11/25/15
Here’s something tenant advocates can be thankful for: Landlords have started to drop asking rents on some of the city’s priciest shopping strips such as...
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11/24/15
Extell Development and Megalith Capital Management filed plans Tuesday for a 25-story Lincoln Square condominium building that’s moving forward after a particularly complex assemblage. Tags: Condo Development,...
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11/10/15
Luxury retailer Bulgari’s new, 15-year lease at Wharton Properties and General Growth Properties’ 730 Fifth Avenue set a new city record with rents in excess of...
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11/10/15
The Real Estate Board of New York supports proposed changes to the 421a tax abatement program, and a new study by NYU’s Furman Center offers...
Sandeep Mathrani Jeff Sutton
11/09/15
Jeff Sutton’s Wharton Properties and General Growth Properties re-signed luxury retailer Bulgari to a new, 15-year deal at the Crown Building at 730 Fifth Avenue in Midtown,...
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11/05/15
With uncertainty over interest rates stretching on and on, broker confidence ticked down slightly again for the third quarter in a row. Overall confidence dropped...
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11/04/15
Some of the exuberance has faded from the New York City’s office market in recent months, and developers will need to play it very smart when building new...
John Banks John Flanagan Mike Gianaris
11/03/15
The longstanding alliance between state senate Republicans and the city’s powerful real estate industry is showing signs of fraying. Leaders of the Real Estate Board...
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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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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...
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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...
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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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