Category : Views

A Plan to Address NYC’s Affordable Senior Housing Crisis
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A Plan to Address NYC’s Affordable Senior Housing Crisis

REW
By Stuart C. Kaplan, CEO, Selfhelp Community Services Older New Yorkers are the fastest growing demographic in New York City and will comprise an estimated 1.84 million residents by 2030. However, our City’s capacity to accommodate them in appropriate housing is severely limited. About one in five older New Yorkers...
Front row seat to the evolution of Long Island City
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Front row seat to the evolution of Long Island City

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By David Brause, President, Brause Realty Inc. & Chair REBNY Commercial Brokerage Queens Committee Long Island City has established itself as one of the most vibrant places to live, work and play in New York City. As the Chairman of the new REBNY Queens Commercial Committee, I’ve been fortunate enough...
Long Island optimistic despite loss of the Islanders
RetailViews

Long Island optimistic despite loss of the Islanders

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By Steven Gillman, VP, The Shopping Center Group Despite the lack of professional hockey on Long Island for the first time in 50 years, the region continues to be upbeat, fueled mostly by what we’ve seen throughout 2015, a combination of non-traditional retail growth, burgers, more burgers; and, a shift in...
Views

Owners on notice over new heat regulations

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By Joseph Burden, Belkin Burden Wenig & Goldman, LLP For many years, owners have been obligated to provide heat between October 1 and May 31. The property owner is required to maintain an indoor temperature of at least 68 degrees between 6:00 a.m. and 10:00 p.m. when the outdoor temperature...
Brodsky demonstrates art of true civic leadership
REBNY WatchViews

Brodsky demonstrates art of true civic leadership

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By REBNY President John Banks This week is REBNY’s 120thAnnual Banquet, and will honor many of the real estate industry’s top performers and contributors. Among the award winners is Daniel Brodsky, Senior Managing Partner of the Brodsky Organization, who will be receiving The Harry B. Helmsley Distinguished New Yorker Award....
FeaturedREBNY WatchViews

Savills Studley’s Bill Montana to be recognized for the qualities that count

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By John Banks, REBNY President REBNY’s Annual Banquet in January will be honoring some of the real estate industry’s top performers and most active contributors, and there are few who fit that description more than William (Bill) Montana, senior managing director of Savills Studley. This year, Bill will be receiving...
REBNY stalwart Jeffrey Levine a true humanitarian
REBNY WatchViews

REBNY stalwart Jeffrey Levine a true humanitarian

REW
The Real Estate Board of New York’s 120th Annual Banquet is fast approaching, and will feature a special philanthropic award – the Kenneth R. Gerrety Humanitarian Award, which recognizes a REBNY member’s meritorious service to the community. This year, this award will be presented to Jeffrey E. Levine, Chairman of...
Brace for impact of 421-a statute, MIH and issue of subsidies
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Brace for impact of 421-a statute, MIH and issue of subsidies

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By Daniel M. Bernstein, Venable LLP Residential developers operating in New York City today face a series of questions about whether their projects can proceed and succeed, and whether they should or will be required to provide affordable housing. Property tax exemptions (including the recent amendment to the 421-a Statute...
REBNY WatchViews

Retail rent dip is not a sign of weakness

REW
By John Banks, REBNY President REBNY recently released its Fall 2015 Manhattan Retail Report, which showed a slight softening in the asking rents of the borough’s premier corridors. Asking rents decreased in seven of the 17 surveyed corridors, although none of the decreases were more than six percent. In the...
REBNY working for members working for New York City
REBNY WatchViews

REBNY working for members working for New York City

REW
New York City is home to over eight million people throughout more than 250 neighborhoods, and every year, our real estate market continues to attract buyers, sellers, renters and investors from all over the world. The Real Estate Board of New York consists of more than 17,000 members who play...