Real Estate Board of New York

Real Estate Board of New York REBNY is the industry's leading trade association promoting public policies that benefit our members and our city.
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We offer courses, seminars and other educational activities to enhance the skills of real estate professionals. REBNY on Facebook is here to debate, share and listen. We offer cutting edge economic information, events, photos, fun and a way to engage with your colleagues. Together we will learn and share hard earned insights into the vast business that is New York City real estate.

06/13/2022

Just 10 days until thousands of industry leaders gather for the biggest night in NYC real estate!

REBNY’s new event – New York Forever: A Celebration of Our City – will put a fresh spin on an iconic annual tradition, with a new venue, format, and culinary delights.

But one thing that won’t change is our recognition of REBNY’s annual honorees – the winners of industry’s most prestigious awards. Today we’re featuring Tom Elghanayan of TF Cornerstone, who will receive the Bernard H. Mendik Lifetime Leadership in Real Estate for his indelible impacts on NYC real estate and the city at large.

We can’t wait to see you there!

06/13/2022

We’re just two weeks away from the biggest night in NYC real estate!

Today we’re featuring Darcy Stacom of CBRE, who will be honored with the Louis Smadbeck Memorial Broker Recognition Award for her incredible achievements as a leader of the real estate brokerage community.

Read more about Darcy and her leadership: https://lnkd.in/g-zpZX5g

Look out for more interviews with our honorees as we get closer to our June 23 event – New York Forever: A Celebration of Our City.

And a reminder – this year’s event will include an exciting new format! Rather than a traditional sit-down dinner, guests will enjoy a dynamic networking reception featuring tastes from an array of NYC’s top chefs and mixologists.

Check out our guest chef lineup: https://rebnyshow.com/

We can’t wait to see you then!

Did you know that improving data access and analysis can help building owners go green? SL Green Realty Corp. is using s...
06/12/2022

Did you know that improving data access and analysis can help building owners go green? SL Green Realty Corp. is using software from Envizi, an IBM company, to better understand and report on its environmental initiatives, identify opportunities for greater efficiency and further drive sustainability across its extensive real estate operations.

Read the full announcement from IBM: https://newsroom.ibm.com/2022-06-02-SL-Green-Adopts-IBM-Technology-to-Operationalize-Sustainability-Initiatives-Across-Extensive-NYC-Real-Estate-Portfolio,1

Want to see the future of NYC real estate industry leadership? The REBNY Fellows program brings a talented group of youn...
06/10/2022

Want to see the future of NYC real estate industry leadership? The REBNY Fellows program brings a talented group of young professionals together to build their network, gain new insights, and take their career to the next level.

We were thrilled to gather last night to celebrate the 2022 REBNY Fellows as they completed this year’s immersive six-month program!

It was a pleasure to hear from the Fellows about the value they gained from this experience, which featured a wide array of senior and executive level guest speakers covering key issues such as land use and urban planning, environmental sustainability, and accelerating the push for diversity and inclusion in real estate.

Thank you to our partners at Coro New York Leadership Center for working together every step of the way to make the REBNY Fellows program a success!

Look out next week for more photos and more details on the 2022 REBNY Fellows and the program's future…

Need more proof that hybrid work employers are taking Midtown office space? Empire BlueCross BlueShield – New York’s la...
06/06/2022

Need more proof that hybrid work employers are taking Midtown office space?

Empire BlueCross BlueShield – New York’s largest health insurer – recently opened a new headquarters in Midtown after leasing 70,000 square feet at Vornado Realty Trust’s PENN 1, located alongside the iconic Madison Square Garden and Penn Station.

Empire BlueCross BlueShield President and CEO Alan Murray noted that PENN 1 will help meet the needs of the insurance firm’s employees by providing flexible and collaborative workspace. Vornado has transformed PENN 1 with a new suite of amenities known as WorkLife which include a 35,000 square foot fitness and wellness center, a 20,000 square foot conferencing facility and multiple tenant lounges.

“We are building a very amazing space,” Murray told Crain’s New York Business. “We came from a fairly traditional office environment and are now moving into a hybrid office environment. The idea is to be collaborative and culturally more inviting.”

Read the full story from Crain’s: https://www.crainsnewyork.com/health-care/empire-bluecross-blueshield-opens-new-headquarters-midtown

06/06/2022

The energy of young professionals is moving NYC real estate forward.

We’re thrilled that Laura Jackson of SL Green Realty Corp. will receive the Young Real Estate Professional of the Year Award on June 23 at our new annual event – New York Forever: A Celebration of Our City. REBNY’s Young Real Estate Professional of the Year Award is presented annually by the Young Men’s/Women’s Real Estate Association (YM/WREA).

We spoke with Laura recently about what it means to be a REBNY member and about her work through the “She Builds” initiative to empower more women in real estate to give back to the communities they serve.

Look out for more interviews with our honorees as we get closer to the celebration!

How can zoning changes promote environmental sustainability? That was part of what Mayor Eric Adams discussed this week...
06/05/2022

How can zoning changes promote environmental sustainability?

That was part of what Mayor Eric Adams discussed this week in remarks at the Association for a Better New York (ABNY), as he laid out plans for updating NYC zoning rules to help building owners continue shifting to clean energy and reducing carbon emissions, alongside other zoning announcements on housing and economic development.

The mayor’s “Zoning for Zero Carbon” text amendment will:
• Remove obstacles to deploying new clean energy storage and uses, including electric vehicle charging
• Facilitate building retrofits for sustainability, including allowing more rooftop coverage for solar panels
• Eliminate barriers to the electrification of building systems such as heat pumps or efficient HVAC systems

REBNY President James Whelan said: “The mayor has put forward a proactive framework for achieving several objectives needed for a strong economic recovery, including fostering vibrant commercial corridors, encouraging sustainability, and creating more housing. We look forward to working with City Planning and other stakeholders to see this framework come to fruition.”

Read more in Commercial Observer: https://commercialobserver.com/2022/06/adams-pitches-zoning-changes-to-streamline-housing-growth-and-boost-sustainability/

06/02/2022

We’re just three weeks away from REBNY’s new annual event – New York Forever: A Celebration of Our City – where thousands will gather for a night of incredible food, cocktails and networking with the biggest names in NYC real estate.

One thing we’re looking forward to most is celebrating our annual honorees – the men and women who are going above and beyond to move our city forward!

As we look ahead to the event, today we’re featuring Frank Pusinelli of RXR Realty, who’s being honored with REBNY’s George M. Brooker Management Executive of the Year Award for his success in raising the bar for management executives throughout New York City. We spoke with Frank about his work with REBNY and his leadership in navigating challenging times for the city.

Look out for more interviews with our honorees as we get closer to the big night!

And for more info on New York Forever: A Celebration of Our City, including our renowned guest chefs, check out our event website: https://rebnyshow.com/

Another week, another Midtown office expansion!The latest in highlights the new expansion by private equity firm Clayt...
05/31/2022

Another week, another Midtown office expansion!

The latest in highlights the new expansion by private equity firm Clayton, Dubilier & Rice at the Seagram Building on Park Avenue. The news comes alongside several other recent lease signings and expansions at the RFR Realty building, which now boasts an exciting 34,000-square-foot amenity space known as the “Seagram Playground” featuring sport courts, a rock climbing wall and a town hall for large events.

Congrats to all involved, and shout out to RFR’s AJ Camhi and Paul Milunec and Newmark’s Andrew Sachs and Ben Shapiro for handling the deal.

Read more in Commercial Observer : https://commercialobserver.com/2022/05/clayton-dubilier-rice-expands-to-70k-sf-at-seagram-building/

05/31/2022

We have been proud to celebrate by elevating the voices of REBNY members to reflect on the contributions of the AAPI community, the progress made toward a more inclusive future and the work that still must be done to get there.

As we close out the month, JoAnne Kao leaves us with some final thoughts:

“I think about the people who’ve come before me. The people who gave it all up, people who left their families and their homelands with dreams of making it one day. Was it worth it? Yes, I think it was – and it’s up to us to keep the dream going.”

We also encourage you to consider attending a Fordham University panel discussion this Thursday, titled “Making it in America: AAPI Stories of Courage and Resilience,” which will feature JoAnne alongside several other guest speakers. More details: https://forever.fordham.edu/s/1362/18/interior.aspx?sid=1362&gid=1&pgid=10645&content_id=11439&utm_source=1+Fordham+Master+List&utm_campaign=2d7b5ad241-aaf-asian-american-and-pacific-islander-herit&utm_medium=email&utm_term=0_808eb3c98f-2d7b5ad241-172587089

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