Home » Archive

Articles in the REBNY Watch Category

REBNY Watch »

[22 Oct 2014 | No Comment | ]
Vanderbilt Avenue rezoning and developments good for New Yorkers

By Steve Spinola
On Monday, the City Planning Commission certified applications that will start the public review process for the rezoning of the Vanderbilt Avenue corridor. This rezoning will ensure that the area maintains its status as a global business center.
The anticipated new office developments will not only create the modern office spaces that tenants demand, but it will also generate thousands of good paying middle class jobs.
The plans for Midtown East will have a real impact on New Yorkers from every corner of the city—not just those who work or …

Construction & Design, REBNY Watch »

[15 Oct 2014 | No Comment | ]

By Steven Spinola
Next month, the state will enact some important changes to the approved methods of testing for vermiculite which will continue to protect the public’s health and safety and avoid costly testing.
These changes are the result of the close collaboration of government officials, the world’s most respected scientists in the area of vermiculite and members of our industry.
Vermiculite is a mineral found in sheet rock, insulation, and other building materials and was commonly used for fire protection on structural steel buildings, once the danger from asbestos was recognized and …

REBNY Watch »

[9 Oct 2014 | No Comment | ]

By Steven Spinola
The Durst family made headlines recently when they announced plans to create a new residential development on the Queens waterfront.
This new complex will be located in what is now an isolated and underutilized section of Astoria known as Hallets Point.
The project will include seven apartment buildings with more than 2,000 apartments for residents of varied income levels, a public esplanade, a school, and a supermarket.
Hallets Point marks one more step forward in an entirely new vision for the Queens waterfront.
Just next door, at Astoria Cove, plans for 1,700 …

Featured, REBNY Watch »

[2 Oct 2014 | No Comment | ]
REBNY: Pied-a-terre tax would be a big faux pas for industry

Last week, The Fiscal Policy Institute and State Senator Brad Hoylman separately announced a proposal to tax non-primary resident owners of condo and co-op apartments and Class 1 properties (1-3 family homes) in New York City with a market value of $5 million or more.

REBNY is vigorously opposed to this proposal and says it will continue to express its serious concerns about the impact of the proposal on the industry and city.

REBNY Watch »

[24 Sep 2014 | No Comment | ]

By Steven Spinola
If Horace Greeley were around today, urging folks to “Go West, young man” these days he would be talking about exploring the West Side of Manhattan over the Western United States.
It is fitting then that Greeley Square sits just east of the largest development in the history of the United States between Broadway and Sixth Avenue on 33rd Street. An entirely new neighborhood is taking root on Manhattan’s far West Side. Add in the High Line, the Whitney Museum, and the number 7 subway line, it seems everything …

REBNY Watch »

[17 Sep 2014 | No Comment | ]

By Steven Spinola
Amidst the issues New York is faced with every day, it is easy to lose sight of those which affect not only our city, but the world.
When New York City hosts next week’s United Nations Climate Summit 2014, there are many examples of global leaders of sustainable construction right here in New York City’s real estate industry.
The Real Estate Board of New York’s members are taking concrete steps to reduce emissions, and strengthen climate resilience.
For example, Related is performing construction on Hudson Yards on a platform 40 feet …

Photo Gallery, REBNY Watch »

[12 Sep 2014 | No Comment | ]

The Real Estate Board of New York hosted its 27th annual Pro-Am Tennis Tournament on September 3, 2014 at Sportime located at Randall’s Island.  Members who participated in the tournament spent “a day with the champions”, paired with professional tennis players. Following the competition, guests were invited to join in for the afternoon tennis clinic.
The proceeds from this annual event went to The Gift of Life Foundation in honor of our friend and well respective REBNY Member Steve Siegel’s wife, Wendy Siegel. Wendy has been fighting leukemia.  With the help …

REBNY Watch »

[9 Sep 2014 | No Comment | ]

By Steven Spinola
At the 19th annual Real Estate Council Benefit on November 6, The Metropolitan Museum of Art will honor Burton P. Resnick, a founding member of the Met’s Real Estate Council. 
This evening will celebrate his noteworthy accomplishments in the real estate community as well as his long-standing support of one of the great New York institutions.
This is a well-deserved honor for Burt Resnick, a past chair of REBNY, who has devoted himself to improving our industry and the city of New York as a whole.
There are not many real …

REBNY Watch »

[3 Sep 2014 | No Comment | ]

On September 12th, I will be attending and speaking at the Meadowlands Regional Chamber of Commerce’s Transportation Summit, “Connecting the Region for the 21st Century: Investments for the Future.”
This event will provide an excellent venue for officials to engage in an informative discussion about transportation, mobility and put forward and explore new ideas that will shape the future of regional connectivity.
At this summit, I will join a smart group of leading transportation experts and scholars including John Robert Smith, Veronique Hakim, Mary Murphy, Martin Robins, Mitchell Moss, and Petra Messick.
Among …

REBNY Watch »

[2 Sep 2014 | No Comment | ]

By: Steve Spinola
Brookfield Place’s $250 million renovation is already taking the Financial District by storm and turning the area into one of the premier destinations for millions of New Yorkers and tourists alike.
After what seems like an eternity of construction, Manhattan’s downtown area is poised to become an even more bustling hub than it already is, and in this case, it will be on an awe-inspiring scale.
The complex itself spans over eight million square feet, and uses this space to bring New Yorkers a complete package in terms exceptional shopping …

Related Posts Plugin for WordPress, Blogger...