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
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
City Council Member Robert Holden (Getty)
Bill would expose Council members’ rent-stabilized status
Bill would expose Council members’ rent-stabilized status
(Getty Images)
LA developer doubled as abusive porn director, documentary alleges
LA developer doubled as abusive porn director, documentary alleges
arrow_forward_ios

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

Loading...