Real Estate Board of New York | The Real Deal New York

The Real Deal New York

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Real Estate Board of New York

570 Lexington Avenue
New York, NY 10022
(212) 616-5200
Website
Real Estate Board of New York

The Real Estate Board of New York, or REBNY, is a trade association that lobbies on behalf of the real estate industry in the city. The board, established in 1896, has about 16,000 members and these include real estate brokers, property owners and developers, industry lawyers, and architects. The organization collects about $6 million a year in dues. Since 2014, John H. Banks III has served as president. He replaced Steven Spinola, who had served as REBNY president in since 1986. The organization strives to ensure that rent regulations and various tax breaks, such as the 421a tax abatement program, benefit developers and it promotes other industry-backed government policies. It also backs political candidates it expects will favor real estate companies. The majority of its members are residential real estate agents. The group offers professional education programs, including state-certified required courses for licensing. REBNYs annual banquet may be the most important networking event in the industry. -GB


01/12/17
Lululemon Athletica and trendy Korean retailer Aland are heading to Williamsburg’s up-and-coming North 6th Street. The athleisure shop signed a lease for 3,450 square feet...

01/11/17
When Jordan Sachs and Todd Jacobs set up shop in 2010, they had a hot, airless 350-square-foot office on 12th Street and Broadway, with rented...

01/09/17
The City Council is getting ready to introduce a package of bills in response to the recent uptick in accidents on construction sites. Tags: construction...

01/06/17
Savills Studley picked up the senior manager of rival brokerage CBRE’s Manhattan retail group to head up the tenant-representation specialist firm’s national strategies. Tags: CBRE,...

01/04/17
Tishman Realty is planning to put a giant block of retail space in Times Square on the market for lease following a proposed $65 million...

01/02/17
...Speyer When Rob Speyer was picked as chairman of the Real Estate Board of New York in 2012 at age 42, he became the youngest person ever to...

12/30/16
This story was co-published with ProPublica. In 2014, an obscure campaign in the foothills west of Albany between a sheep farmer and a home builder...

12/30/16
“Could I begin life again,” John Jacob Astor is said to have declared, “knowing what I now know, and had money to invest, I would...

12/28/16
...with two of the state’s largest lobbying groups: The Real Estate Board of New York and the Building and Construction Trades Council of Greater New...

12/23/16
For city and state officials, the latest crackdown on property owners abusing a lucrative tax break is a brag-worthy moment, a critical step in ensuring...

12/22/16
Commercial brokerages got a taste of the drama long associated with the residential world in 2016, when top New York investment sales brokers defected to...

12/21/16
It’s no secret that the 421a tax abatement has mostly subsidized market-rate housing, but a new map illustrates that most properties currently benefiting from the...

12/21/16
Harry Macklowe famously transformed Fifth Avenue retail when he brought the Apple cube to the base of the General Motors Building in 2006. Now, 10...

12/15/16
At the end of a pedestrian tunnel, down a flight of stairs from street level, a plush bar with a Prohibition motif caters to wealthy...

12/08/16
JP Morgan Chase — the owner two buildings in the MetroTech Center — is set to list 180,000 square feet of retail space for rent...

12/06/16
The latest batch of landlords accused of violating the terms of 421a would’ve paid $304 million in property taxes this year without the tax break,...

12/05/16
...Paul Massey Taking to the podium at the Real Estate Board of New York...

12/05/16
...with two of the state’s largest lobbying groups: The Real Estate Board of New York and the Building and Construction Trades Council of Greater New...

12/01/16
When 87 Christopher Street hit the market in August, the owners hoped to snag a long-term retail tenant. But after months rolled by and the...

11/25/16
“The life of the dead is placed in the memory of the living,” Cicero said. The question for brokers is: Are they required to place it...

11/23/16
New York City housing and finance officials will notify 3,000 landlords next week that they will lose a lucrative property tax break unless they follow...

11/23/16
RXR Realty is lining up $75 million in construction financing for its first residential development in the city: a planned 363-unit rental building at the...

11/23/16
The city is gearing up to set a fee on the transfer of air rights in Midtown East as part of the sweeping rezoning proposal...

11/22/16
The city’s Landmarks Preservation Commission designated 11 properties in Midtown East as historical landmarks, ahead of the proposed rezoning for the area. Included in the...

11/22/16
With 421a seemingly on the verge of returning from bureaucratic purgatory, officials are cracking down on landlords who are allegedly abusing the tax break, threatening...
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Real Estate Board of New York, President
570 Lexington Ave, 2nd Floor, New York, NY, 212.616.5200
John Banks is president of the Real Estate Board of New York. Banks...
REBNY, President
570 Lexington Avenue, New York, NY, (212) 616-5200
Since 1986, Steven Spinola is the former president of the Real Estate Board of...

It’s a tough time to be a retail broker in Manhattan — especially for those at smaller shops. As the borough’s leasing market continues to...

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10/06/16
Housing construction permits in New York City spiked to reach 2,218 new units approved to begin construction this September, the highest-volume month of 2016 so...

After two years of decline, the city’s retail market is experiencing a sudden burst of activity. Retail tenants with an eye for a deal are...

The total amount of available ground-floor retail space along Madison Avenue has been growing in recent months, insiders said. “There are a lot of vacancies...

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04/13/16
The city greenlit less than 2,000 new residential units in the first quarter, a far cry from the nearly 6,500 units approved during the same...

02/19/16
Following a rush in issued construction permits that qualified for the now-dead 421a tax break, only 453 units of housing were approved for construction in New...

01/19/16
Two of the “Three Men in a Room” — Sheldon Silver and Dean Skelos — are bound for prison, but relationships with influential politicians remain...

It’s increasingly difficult to say anything about the Brooklyn real estate market without getting very trite, very fast. Industry players still use terms like ...

With Upper Fifth Avenue snatching back from Hong Kong’s Causeway Bay the title as the world’s most expensive retail district, aggressive bets made in Manhattan...

They pencil out budgets. They organize repairs. They field complaints about noise in the middle of the night. And many of Manhattan’s managing agents —...

Karen Heyman and Alan Heyman, Sotheby's International Realty The business of selling Brooklyn real estate has changed drastically in recent years. When Brooklyn native Karen Heyman...

Last month, New York Magazine surprised Manhattanites when it named Park Slope "The Most Livable Neighborhood in New York." But the ranking came as no...

The Downtown office market, a hot topic at a major summit held last month on the World Trade Center site, has held up better than the...

Apartment sales in Manhattan were either flat or down 34 percent in the first quarter of the year. Meanwhile, the average price of a studio...

Financial news has been bleak as of late, with the credit crisis and the collapse of Bear Stearns rocking the real estate world. Yet while...

Hiring may be down, but broker numbers stay strong even as sales prices level off ...

Residential building boom, new Times headquarters drive up store rents on 42nd Street ...

In increasingly crowded field of pricey towers, highest combined office and retail costs; ties with ...

A deal that brought big-box retailer Home Depot to Manhattan for the first time and a lease that helped to upgrade a rundown portion of...

Compared to the sales market, the rental market in Manhattan is a lot like the Wild West. There are fewer rules; transactions move faster; deals...

REBNY
The Real Estate Board of New York’s Broker Confidence Index remained largely unchanged at 8.84 in the second quarter of the year.  Confidence fell slightly from 9.05...

Broker confidence was at a record high of 9.22 in Q4 of 2014, according to the Real Estate Board of New York’s Real Estate Broker...

New York City residential home prices rose but sales volume declined in the fourth quarter of 2014, according to a new report from the Real Estate...

“Manhattan’s retail leasing market remained vibrant through the first quarter of 2014. Strong interest in prime corridors and the repositioning of other corridors resulted in strong market conditions....

“The leasing market for Manhattan retail space has maintained its strength, bolstered by strong demand and additional retail spaces coming on the market in new mixed use developments....
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