Jim Whelan talks “playing defense”

REBNY’s president shares his views on the new rent law, tax revenue and the pied-a-terre tax at the organization’s 124th annual banquet

New York /
Jan.January 20, 2020 04:10 PM

Jim Whelan became the face of the Real Estate Board of New York at an especially brutal time for the industry.

He took over for John Banks just a month after the state passed a sweeping new rent law that affected nearly 1 million apartments. But Whelan was no newcomer to the game: Since 2010, he worked behind the scenes as REBNY’s chief government strategist. And at his first REBNY gala as president, he chatted with The Real Deal about what impact the new laws are having — and will have — on the industry, plus what havoc proposed legislation could wreak.

“I must admit we’re playing a lot of defense,” Whelan said. “It’s not a great political environment.”

Watch the video above to hear Whelan’s 2020 agenda.

Filmed by Caroline Mariko Stuckey. Interview by Rich Bockmann.


Related Articles

arrow_forward_ios
What will proptech look like in 2019 and beyond?
What will proptech look like in 2019 and beyond?
What will proptech look like in 2019 and beyond?
John Banks
High expectations: A look at John Banks’ 4 years at REBNY
High expectations: A look at John Banks’ 4 years at REBNY
John Banks
John Banks to step down as REBNY president
John Banks to step down as REBNY president
Mike DelPrete and TRD's Hiten Samtani
Watch: Where does Opendoor go from here? Breaking down iBuying with Mike DelPrete
Watch: Where does Opendoor go from here? Breaking down iBuying with Mike DelPrete
(Getty)
Manhattan and Brooklyn resi markets continue fall back to Earth
Manhattan and Brooklyn resi markets continue fall back to Earth
Douglas Elliman's Tal Alexander (Illustration by Kevin Cifuentes for The Real Deal with Getty Images, Douglas Elliman)
REBNY censures Tal Alexander over ethics complaint
REBNY censures Tal Alexander over ethics complaint
TRD's Hiten Samtani and Katherine Kallergis
Watch: Will the crypto buyer pool melt down with FTX?
Watch: Will the crypto buyer pool melt down with FTX?
(Illustration by The Real Deal; Getty)
Multifamily faces stricter emission caps
Multifamily faces stricter emission caps
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...