Banks: New Amazon headquarters is a win for New York City
Amazon choosing a borough outside Manhattan is the culmination of a long-term economic development strategy to diversify our economy.
Category : Views
New state legislature presents opportunities for affordable housing
New political dynamics in Albany will have significant impacts on critical issues facing New Yorkers – particularly on affordable housing.
BANKS: A Garment District plan that fits like a glove
The latest two proposals for the Garment District are the most meaningful commitments ever made by City officials to preserve the area's iconic flavor.
Yes, cybercriminals are targeting your company
The world of cybercrime and the associated protections are constantly evolving. Your knowledge must, too.
BANKS: Making Our Voices Heard for the Betterment of New York City
Last week, John Banks stood with more than 100 REBNY members who attended a public hearing on commercial rent control legislation.
Affordable housing is an economic engine for New York
Development in New York State generates approximately 100 jobs during the construction process and sustains 14 jobs on an ongoing basis.
Why the city should leave old rent control bill in the past
A bill that has been languishing for more than 30 years will be the subject of an upcoming hearing, so it's time for an update on commercial rent control.
Breaking down the types of affordable housing
By Heidi R. Burkhart, president, Dane Professional Consulting While the term “affordable housing” is probably not something new to you, you may be surprised by its official definition. According to the New York City Housing Authority (NYCHA), affordable housing is based on a household’s percentage of the Area Median Income...
The building code implications of home sharing
By Peter Sun, code consultant, AKF Group Airbnb has become synonymous with comfortable and convenient rentals, and has grown exponentially since it was conceived just 10 years ago in 2008. Today, Airbnb includes listings of over four million homes in over 190 countries and 65,000 cities. The rental platform has...
Historic tax credits have wider place in future NYC development
Monetizing historic rehabilitation tax credits can present a serious New York City real property transfer tax issue.