Real estate bigwigs sound off on politics at REBNY gala

At the industry organization’s 124th annual banquet, execs looked back — and ahead

New York /
Jan.January 22, 2020 11:15 AM

The tough political environment was the topic du jour at REBNY’s 124th annual banquet last week.

From the new state rent law passed in June to the proposed pied-à-terre tax, executives at some of the city’s busiest real estate firms shared one sentiment: It’s only getting harder to do real estate in New York City. Some are even considering wrapping up their deals here and moving on. Watch the video above to hear what they had to say.

Video by Caroline Mariko Stuckey. Interviews by Rich Bockmann and E.B. Solomont.


Related Articles

arrow_forward_ios
Blackstone CEO Steven Schwartzman and Stuyvesant Town (Credit: Getty Images)
After authorities vowed review of Stuy Town deal, Blackstone changes course on vacancies
After authorities vowed review of Stuy Town deal, Blackstone changes course on vacancies
Tete-à-tete with TRD: How landlords are dealing with New York’s new rent laws
Tete-à-tete with TRD: How landlords are dealing with New York’s new rent laws
Tete-à-tete with TRD: How landlords are dealing with New York’s new rent laws
Real Capital Analytics data showed that New York’s multifamily market had a very slow July. (Credit: iStock)
New NYC rent law “beginning to shut down investment”
New NYC rent law “beginning to shut down investment”
U.S. District Judge John Campbell Barker, who was appointed by former President Donald Trump, ruled the eviction moratorium to be unconstitutional. (Getty, Texas Attorney General)
National eviction moratorium ruled unconstitutional, but remains in place
National eviction moratorium ruled unconstitutional, but remains in place
(iStock/Photo Illustration by Kevin Rebong for The Real Deal)
Dubious gentrification study will backfire on New York City
Dubious gentrification study will backfire on New York City
From left: Scott Stringer, Shaun Donovan, Maya Wiley, Andrew Yang, Kathryn Garcia and Eric Adams
Where mayoral candidates stand on real estate
Where mayoral candidates stand on real estate
Mayor Bill de Blasio and City Council speaker Corey Johnson (Getty)
De Blasio admin opposes Corey Johnson’s land use overhaul
De Blasio admin opposes Corey Johnson’s land use overhaul
A photo illustration of Donald Trump at the Wollman Rink in Central Park (Getty/Illustration by Kevin Rebong for The Real Deal)
Central Park ice rinks stay open amid Trump Org contract spat
Central Park ice rinks stay open amid Trump Org contract spat
arrow_forward_ios

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

Loading...