Category : REBNY Watch

Smart development key to solving affordable housing problems
REBNY Watch

Smart development key to solving affordable housing problems

REW Staff
by REW Staff917
By Steven Spinola Our city is growing, and by 2040 a million more people will live here from all over the world, one issue that must be addressed urgently is where the New Yorkers of tomorrow will live. Recently, Mayor de Blasio presented a 10-year plan that attempts to deal...
Moynihan Station project putting transportation on fast track
REBNY Watch

Moynihan Station project putting transportation on fast track

REW Staff
by REW Staff918
By Steven Spinola The transformation of the Farley Post Office into the Moynihan Station is as well-known as the overcrowding at Penn Station. However, few people know about the actual work that is being performed and how that work and the creation of the Moynihan Station will improve transportation for...
REBNY Watch

BIDs deserve praise for making a greater New York

REW Staff
by REW Staff975
By Steve Spinola Success has many fathers, but failure is an orphan. There are many people who deserve credit for New York City’s comeback from the brink of bankruptcy and high crime rates. In addition to the outstanding work that our elected officials, city workers, and community leaders do to...
REBNY Watch

City Hall taking on challenge of updating property tax system

REW Staff
by REW Staff914
By Steve Spinola Good ideas are easy to come by — what’s less common are finding people who are bold enough to stand up for good ideas and who will work hard enough make them happen. Recently, City Council Speaker Melissa Mark-Viverito and the City Council presented a very good...
Smoke, carbon monoxide alarm law helping make city safer
REBNY Watch

Smoke, carbon monoxide alarm law helping make city safer

REW Staff
by REW Staff903
By Steven Spinola Last month, we were reminded to set our clocks forward one hour for Daylight Savings. It is also during this time of year that we are reminded to change the batteries in our smoke alarms. However, this year will mark a change in that routine for many...
$8B in apartment sales about more than just numbers
REBNY Watch

$8B in apartment sales about more than just numbers

REW Staff
by REW Staff869
By Steve Spinola The New York City’s residential sales market fared well city-wide during the first quarter of 2014. According to REBNY’s first quarter sales report, the only one of its kind that covers all five boroughs, average sales prices in Brooklyn and Manhattan have reached an all-time high, with...
REBNY WatchResidential

REBNY’s revamped residential listing service

REW Staff
by REW Staff990
By Steven Spinola For more than three decades, The Real Estate Board of New York has actively sought to encourage collaboration among its members in the residential real estate market through the broker to broker Residential Listing Service (RLS). After years of planning and behind-the-scenes work, the RLS underwent a...
State budget extends incentive programs for industry
REBNY Watch

State budget extends incentive programs for industry

REW Staff
by REW Staff885
By Steven Spinola This week, the State Legislature met the deadline for passing a State budget for the fourth consecutive year, which is the first time this has happened in decades. Governor Andrew Cuomo, Assembly Speaker Sheldon Silver, State Senate Leaders Dean Skelos and Jeff Klein deserve a lot of...
REBNY Watch

Lessons in diplomacy from RAB, service workers union

REW Staff
by REW Staff945
By Steven Spinola, president Real Estate Board of New York With residential contract negotiations underway between SEIU 32BJ and the real estate industry’s negotiating arm, the Realty Advisory Board, the atmosphere would appear ripe for conflict and general animosity between the two parties involved. Far from it, the positive and...
REBNY Watch

Real estate industry responds to Harlem tragedy

REW Staff
by REW Staff1156
By Steven Spinola As New Yorkers, we pride ourselves on many things. The diversity of our city, the safety of our neighborhoods, iconic cultural institutions, and efficient public transportation are just a few of the elements that make us proud to be New Yorkers. We can also be proud of...