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.