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Mamdani Skips Gala Hosted by NYC Real Estate Leaders

Mamdani Skips Gala Hosted by NYC Real Estate Leaders

by Phil Hall | Jan 26, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

New York City Mayor Zohran Mamdani doesn’t appear to be in a hurry to build strong relations with the local real estate industry – the recently inaugurated Democratic Socialist who campaigned on a platform that emphasized rent freezes skipped the Real Estate Board of...
Real Estate Group Sues to Halt NYC’s Ban on Broker Fees

Real Estate Group Sues to Halt NYC’s Ban on Broker Fees

by Phil Hall | Dec 17, 2024 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The Real Estate Board of New York (REBNY), a lobby group representing New York City brokerages and landlords, has filed a lawsuit in federal court to block a new law that would end the local practice of tenants paying upfront broker fees to agents who list apartments...
NYC Recorded Lopsided Housing Construction Filings in Q4 2023

NYC Recorded Lopsided Housing Construction Filings in Q4 2023

by Phil Hall | Feb 12, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City recorded 728 new building filings during the fourth quarter of 2023, which was 48% higher than the historical average dating back to 2008, according to new data from the Real Estate Board of New York (REBNY). However, this surge in housing construction...
Bill On Broker Payments Creates Political Scuffle in NYC Council

Bill On Broker Payments Creates Political Scuffle in NYC Council

by Phil Hall | Aug 16, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A bill before the New York City Council that would reassign the responsibility for paying real estate broker fees has resulted in complex maneuvering after a real estate trade group reportedly attempted to block it from being heard. The New York Daily News reported...

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