Real estate bigwigs sound off on politics at REBNY gala

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

TRD 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

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”

TRD-Talks-Live-Shvo

Michael Shvo on the Bible, Batman and why NYC will bounce back

Governor Andrew Cuomo (Credit: Eduardo Munoz Alvarez/Getty Images; Sue via Flickr)

Vacation home travel ban not on Cuomo’s agenda

Jim Whelan (Credit: Axel Dupeux)

“Crisis management:” James Whelan talks REBNY priorities

CBRE CEO Mary Ann Tighe and RXR Realty CEO Scott Rechler

Rechler, Tighe assess pandemic’s effects on NYC real estate

SBE's Sam Nazarian and leading architect Kobi Karp

“It is catastrophic:” Sam Nazarian, Kobi Karp talk coronavirus toll

arrow_forward_ios
Loading...