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Steven Spinola

former President
REBNY
570 Lexington Avenue
New York, NY 10022
(212) 616-5200
Website

Steven Spinola is the former president of the Real Estate Board of New York, a 12,000-member trade association that represents the industry before numerous legislative and regulatory bodies. He took over as president in 1986 and left the position in the summer of 2015, when he was succeeded by John Banks.

Before arriving at REBNY, he ran New York City's Economic Development Agency (then called the Public Development Corporation). Among the deals he participated in were South Street Seaport, Metrotech in Brooklyn, and the redevelopment of 42nd Street.

As President of REBNY, Spinola was involved in a multitude of activities, from stepping into squabbles over exclusive listings, to lobbying the White House to move the trials of alleged 9/11 terrorists out of lower Manhattan, to pushing for concessions from union construction workers. In 2011 he tangled somewhat gingerly with Occupy Wall Street protesters over access hours to privately-owned public parks (the protesters have in turn threatened to Occupy REBNY). REBNY has also lobbied Washington for the first-time homebuyer tax credit, and was instrumental in defeating a proposed state tax on capital improvements for property.

In 2011, Spinola was cautiously upbeat about the state of the market, saying, "Our latest survey shows that residential brokers see slow but steady progress in the New York City residential sales market. The report demonstrates modest improvement in comparison to the first quarter of 2011, which is essential to continuing the market's growth and keeping the industry optimistic through the second half of the year."

-TA