rebny

The Real Estate Board of New York

[rebny @REBNY]

Today, the City released the new SPEED report with reforms to streamline city processes and reduce housing delays. REBNY commends @NYCMayor and the administration for taking key steps to cut red tape and streamline permitting to help deliver much-needed housing for New Yorkers.

[rebny @REBNY]

Statement from REBNY President James Whelan on Governor Hochul's pied-à-terre tax proposal

[Steven Fulop @StevenFulop]

19 Major NYC Organizations United

Statement from New York City Business Community on State Senate and Assembly
One-House Budgets

Leaders Warn Tax Increases Would Raise the Cost of Living and Hurt New York's Economy

[rebny @REBNY]

NEW: Evictions, complaints & housing code violations in NYC are highly concentrated within a small share of buildings.

10% of buildings account for 97% of executed evictions over the past 24 months.

Data, not rhetoric, should inform policy.

Read now: https://t.co/q5WqYBO6cL

[rebny @REBNY]

With some of the highest taxes and spending in the country, NYC faces a $5B budget gap—renewing debate over raising taxes.

What would that mean for jobs, investment, and the City’s future?

@cbcny's Andrew Rein breaks it down. Listen now: https://t.co/eHYeoNon1v

[rebny @REBNY]

RETAIL UPDATE 🚨

SoHo rents are up 24%.
Demand for storefronts is broad-based.
Supply is tightening.

Dive into the key trends shaping Manhattan retail in REBNY’s H2 2025 Manhattan Retail Report. ⬇️

https://t.co/SpM1Csujmq

[rebny @REBNY]

REBNY's statement on @SpeakerMenin's remarks at today's @ABetterNY breakfast⬇️

[rebny @REBNY]

Worth a read: @CBCNY finds New York collects $12,495 per capita in state and local taxes, the highest in the nation.

[Citizens Budget Commission @cbcny]

New from @politico’s @NickReisman, citing CBC’s Top of the Charts:

New York still #1 in state & local taxes per capita. It will not become more affordable & competitive by ⬆️ taxes.

[rebny @REBNY]

REBNY’s statement on @GovKathyHochul & @NYCMayor Zohran Mamdani's announcement on universal child care:

[rebny @REBNY]

One year in, congestion pricing is working: reduced traffic, cleaner air, and vital funding for transit.

Proud to join @GovKathyHochul, @NYCMayor Zohran Mamdani, @MTA CEO Janno Lieber, state & city leaders & advocates in celebrating the program’s success.

[rebny @REBNY]

NYC's goal: 500,000 new homes in the next decade. But the data shows the city is falling behind.

Since Q1 2024, NYC has completed 66,162 homes—just 13% of the target.

Read more:
https://t.co/5nlyR3Z5ka

[rebny @REBNY]

Thank you @GovKathyHochul for protecting small businesses by vetoing harmful LLC legislation.

See below for REBNY’s statement.

[rebny @REBNY]

This morning, we joined @WINNYC_ORG and advocates at City Hall to support practical CityFHEPS fixes. With better procedures and technology, vouchers can do what they’re meant to do—help families secure housing.

Testimony on Intros 1458/1459/1477: https://t.co/hCWx0N7RuF

[rebny @REBNY]

REBNY statement on yesterday's tragic events in Midtown Manhattan.

[rebny @REBNY]

What are we risking by skipping local elections?

We’re joined by @SallyGold , Senior New York Editor at @politico , to break down what’s at stake in this June’s Democratic primary — and why local races matter more than you think.

🔗 Apple: https://t.co/64vS5CiMQ1

[rebny @REBNY]

In recognition of Fair Housing Month, we're reflecting on how far we've come and how far we still have to go.
In this episode, we talk with April DeSimone, founder of Publis, about the ongoing fight for housing equity in New York City.
Listen Now: https://t.co/taZst5UCax

[rebny @REBNY]

It’s been 60 years since NYC passed the Landmarks Law—but how exactly does a building become a landmark? And why does it matter?

We sit down with Meenakshi Srinivasan, to explore the process behind landmarks.

🔗 Apple: https://t.co/iogDdHgCFQ
🔗 Spotify: https://t.co/tTTqxO4nqv

[rebny @REBNY]

Our latest report, The Invisible Engine, shows that real estate-related taxes quietly fueled over $37 billion of NYC’s revenue last year — nearly half of the locally gathered taxes for the city.

Read more in the NY Post article: https://t.co/9yHLS653Hl

[rebny @REBNY]

Why Does No One Live in Midtown South?

Midtown South is one of the most transit-rich and centrally located neighborhoods in New York City—yet hardly anyone calls it home. The reason? Outdated zoning laws, some over 50 years old, have long blocked new housing development.

Join us for a fascinating discussion with Edith Hsu-Chen, Executive Director of the NYC Department of City Planning, as we dive into the Midtown South Mixed-Use Plan (MSMX)—a bold proposal to reimagine 42 blocks into a vibrant, 24/7 live-work neighborhood.

🎧 Tune in to learn how Midtown South could become the city’s next great residential and mixed-use hub.

Apple: https://t.co/tNpyvkA20z
Spotify: https://t.co/pwtI1sCPTQ

[rebny @REBNY]

Can New York reach carbon zero by 2050?

New York City aims to achieve carbon zero by 2050, with Local Law 97 playing a pivotal role. Passed in 2019, this law imposes strict energy efficiency and emission limits on buildings over 25,000 square feet. While it's crucial for the city's climate goals, it also raises questions about its feasibility and fairness.

🎙️ Episode 7 of Real Talk NYC features an in-depth conversation with JP Flaherty, who leads sustainability strategy for Tishman Speyer. Join us as we explore what Local Law 97 means for New York City's future and its carbon-zero ambitions.

🔊 Tune in now to stay informed and join the conversation!

Apple: https://t.co/J4t36hzupU
Spotify: https://t.co/ew9dXiHs1c