Investment sales fell by half in December to finish year down 48%
For investment sales in the city, a down year finished on a down note. Sales volume in December was...
REBNY
About: 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 majority of its members are residential real estate agents.
Headquartered in: New York, NY
Founded in: 1896
Lead by: Chairman William C. Rudin; President James Whelan
REBNY Q&A
What does REBNY do?
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 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.
Who is in REBNY?
REBNY has more than 16,000 members, including real estate brokers, property owners and developers, industry lawyers, and architects.
REBNY Top Stories
June 27, 2019—John Banks did a fair job leading REBNY for four years, industry sources say, but few were shocked by his decision to retire.
June 26, 2019—John Banks, who led the Real Estate Board of New York for four years, is stepping down as president.
June 12, 2019—The 2019 REBNY awards celebrated NY’s top retail dealmakers at a ceremony on Tuesday night, with honors going to NKF, RFK and the Dartmouth Company.
June 5, 2019—REBNY is spending big money courting Democratic Assemblymembers ahead of rent reform votes. But so are its individual constituents, who are lobbying without the trade organization.
The Latest
REBNY slaps Compass with $250K fine
The Real Estate Board of New York has slapped Compass with a $250,000 fine for improperly going after its competitors’ exclusive listings. In an email to New York City agents, the trade group said...
City Council mulls bill giving nonprofits first crack at buying resi buildings
The City Council is considering two bills that seek to ensure more affordable housing is created and controlled by...
Cuomo announces plan to get workers back to offices
Gov. Andrew Cuomo is pushing a plan to get employees back in office buildings — and office landlords are...
Accusations, a secret rival and brewing legal fight embroil new listings portal
When Michael Gabriel began building a consumer-facing listings portal early this year, he thought he had the real estate...
And the resi “deal of the year” winners are…
In a year where normal was impossible, a handful of agents won kudos for doing the improbable. The seven...
Tax revenue from NYC property sales plunges $1.4B
Despite an uptick in investment and residential sales over the last month, the drop-off in tax revenue from such...
Douglas Durst tapped to be next REBNY chair
Douglas Durst, chair of the Durst Organization, was nominated to be the next chair of the Real Estate Board of New York, the industry’s most influential trade group announced today. “It is hard to...
REBNY taps Realtor.com exec to lead RLS
REBNY’s Residential Listing Service has a new chief. Ninve James is joining the Real Estate Board of New York to lead the RLS, the trade association announced in a release. James, a former vice...
Broker-fee ban lawsuit postponed for the third time
State regulators and the real estate industry have postponed a showdown over tenant-paid broker fees for the third time....