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Download the Report THE REAL ESTATE BOARD OF NEW YORK ANNUAL REPORT 2014 TABLE OF CONTENTS TABLE OF CONTENTS Introduction . 3 Awards . 4 Events . .10 Brokerage Committees . 12 Education . .13 Member Services . 14 Philanthropic Activity . 18 New York City Issues . .19 New York State Issues . .28 Federal Issues . .31 General REBNY Info . 33 2 | THE REAL ESTATE BOARD OF NEW YORK ANNUAL REPORT 2014 INTRODUCTION YEAR IN REVIEW In 2014, New York City’s future only developments at Domino in Brooklyn became brighter . As a result, it was and TF Cornerstone’s project on the another good year for real estate . Upper West Side . Crime continued to New Yorkers were able to explore the drop and job growth spectacular openings of various newly continued upward, completed projects like, One World reaching historic lows Trade Center, the fully restored High and highs respectively . Line and the Fulton Center Transit Hub, Manhattan, Brooklyn, to name just a few . Over the summer of the Bronx, Queens and 2014, for the first time ever, Governor’s fund other vital city services like parks Staten Island continue Island remained open seven days per and libraries . to attract people from week, where visitors enjoyed a brand around the world .new 30-acre park on the island’s The real estate industry employs Whether young people, seniors, empty southern end . approximately 519,000 people who nesters or immigrants, everyone wants earn an average salary of more than to be in New York City . There is a great Real estate generates a great deal $60,000 per year . These are well- deal of interest from investors, both of new jobs and revenue for the city, paying middle-class jobs that come domestic and foreign . Major projects and 2014 was an exciting year . In the with health insurance, paid vacations are moving forward in Hudson Yards spring, REBNY issued a report that and retirement savings plans . We want and Lower Manhattan, along with revealed New York City’s real estate more jobs like these in our city . significant growth in the boroughs, industry generates $15 4. billion in taxes whether it’s Long Island City, Downtown annually, which represents 38 percent New York has always been a city of Brooklyn, the St . George section of of the city’s tax revenue . Revenue- change and renewal . We need to Staten Island, the Bronx, you name generating properties provided enough ensure New York City keeps growing it . It’s happening throughout all five tax revenue to pay the city’s entire and continues to rebuild itself, whether boroughs . share of $13 1. billion in payroll expenses through new developments like on the for teachers, police officers, fire fighters, West Side or ambitiously rebuilding, REBNY forged strong working sanitation workers and correction like in Lower Manhattan, where we are relationships with the newly elected officers and still have $2 3. billion left to putting back up what was destroyed by leaders of local government . Mayor 9/11 . All of these plans and projects de Blasio unveiled an ambitious 10- generate more revenue for New year plan to create and preserve York City and help it become a 200,000 units of affordable better place to live, work and raise housing . The City Council signed off a family . on exciting new affordable housing STEVEN SPINOLA ROB SPEYER REBNY President REBNY Chairman THE REAL ESTATE BOARD OF NEW YORK ANNUAL REPORT 2014 | 3 TABLEAWARDS OF CONTENTS AWARDS REBNY is immensely proud of praise the leadership, experience, makes it a point to encourage them its members, and takes several abilities and tremendous contributions to serve our city to the best of their opportunities each year to recognize of the talented owners, developers, abilities, and REBNY takes pride in those members for the incredible managers and brokers who excel in rewarding them when they do . At our contributions that they make to our industry . Ceremonies such as the Annual Banquet, the Louis Smadbeck improving and advancing New York City Deal of the Year Awards are hailed as Memorial Broker Recognition Award, every day . REBNY’s numerous awards the most exciting events for residential Bernard H . Mendik Lifetime Leadership are widely regarded as the highest and commercial brokers, and recognize in Real Estate Award, Harry B . Helmsley honors attainable in New York City real REBNY members with exceptional deal- Distinguished New Yorker Award, estate, and by receiving one, award making skills, while other events such as Kenneth R . Gerrety Humanitarian Award winners join the ranks of the titans of the Ingenious Deal of the Year Awards and Henry Foster Award will be awarded industry who came before them, and focus more on creative and imaginative to those distinguished individuals who gain recognition for their efforts . problem-solving . have made significant contributions to the real estate community and New The awards presented to our members Regardless of what branches of real York City as a whole . throughout the year acknowledge and estate our members work in, REBNY REBNY 118TH BANQUET REBNY 118TH BANQUET AWARD WINNERS Photo: Steve Friedman (L-R) Ken Fisher, Fisher Brothers (Harry B. Helmsley Distinguished New Yorker Award); Robin Abrams, The Lansco Corporation (Louis Smadbeck Broker Recognition Award); Stephen L. Green, SL Green Realty Corp. (Bernard H. Mendik Lifetime Leadership Award); Thomas L. Hill, Boston Properties (George Brooker Management Executive Award); Robert Fink, The Winter Organization (Young Real Estate Man of the Year Award); Joel Picket, Gotham Organization (Kenneth R. Gerrety Humanitarian Award) 4 | THE REAL ESTATE BOARD OF NEW YORK ANNUAL REPORT 2014 INTRODUCTIONAWARDS REBNY 118TH BANQUET (CONTINUED) Photo: Steve Friedman Photo: Steve Friedman (L-R) Steven Spinola, REBNY; Catharine Young, State Senator; (L-R) Steven Spinola, REBNY; Rob Speyer, Tishman Speyer; Melissa Mark-Viverito, Council Speaker Governor Andrew Cuomo Photo: Steve Friedman Photo: Steve Friedman (L-R) Bill Rudin, Rudin Management; Governor Andrew Cuomo; Stephen (L-R) Mayor Bill de Blasio; Ken Fisher, Fisher Green, SL Green Realty Corp. (Bernard H. Mendik Lifetime Leadership Brothers (Harry B. Helmsley Distinguished New Award); Rob Speyer, Tishman Speyer Yorker Award); Crystal Fisher THE REAL ESTATE BOARD OF NEW YORK ANNUAL REPORT 2014 | 5 TABLEAWARDS OF CONTENTS REBNY 118TH BANQUET (CONTINUED) Photo: Steve Friedman Photo: Steve Friedman (L-R) Gale Brewer, Manhattan Borough President; Joseph Bruno, (L-R) Anthony Shorris, NYC First Deputy Mayor; Martin Commissioner, NYC Office of Emergency Management; Thomas Hill, Golden, State Senator; David Greenbaum, Vornado Boston Properties (George Brooker Management Executive Award); Realty Trust Michael Norton, Tishman Speyer Photo: Steve Friedman (L-R) Jeffrey Levine, Douglaston Development; Photo: Steve Friedman RuthAnne Visnauskas, Commissioner, NYC Department of Housing Preservation and Development; Hal Fetner, (L-R) Rob Speyer, Tishman Speyer; Anthony Shorris, NYC First Durst Fetner Residential Deputy Mayor; Congresswoman Carolyn Maloney; Burt Resnick, Jack Resnick & Sons Photo: Steve Friedman Photo: Steve Friedman (L-R) Jimmy Van Bramer, Council Member 26th District Queens; David Greenbaum, Vornado Realty Trust; (L-R) Eric L. Adams, Brooklyn Borough President; Donald Zucker, Thomas Elghanayan, TF Cornerstone; Diane Ramirez, Donald Zucker Company; Salvatore Cassano, NYC Fire Commissioner Halstead Property 6 | THE REAL ESTATE BOARD OF NEW YORK ANNUAL REPORT 2014 INTRODUCTIONAWARDS REBNY 118TH BANQUET (CONTINUED) Photo: Steve Friedman Photo: Steve Friedman (L-R) Robert Rodriguez, State Assemblyman; Congresswoman (L-R) Joel Picket (Kenneth R. Gerrety Humanitarian Award), Carolyn Maloney; Mary Ann Tighe, CBRE; Jim Whelan, REBNY; Matt Picket, David Picket; Gotham Organization Daniel Garodnick, Council Member 4th District Manhattan RESIDENTIAL BROKERAGE AWARD WINNERS RESIDENTIAL DEAL OF THE YEAR AWARD WINNERS Photo: Gotham Photo Company Photo: Gotham Photo Company (L-R) Timothy Melzer, Winner of the 3rd Prize Sales Award, The Corcoran (L-R) Steven Spinola, REBNY; Reba Miller, RP Group; Linda Guido, Rental Award Winner, Halstead Property LLC; Co-Broker: Miller Realty Group Inc. (not pictured) Anna (Justice) Filippova, Rental Award Winner, Spire Group Inc.; Reba Miller, Winner of the Henry Forster Award, RP Miller Realty Group Inc.; Sharon Burroughs, Winner of the 1st Prize Sales Award, Douglas Elliman Real Estate; Shelley Lindauer, Winner of the 2nd Prize Sales Award, Keller Williams (accepted by Keller Williams representative, pictured). Not pictured: Antony Bitar, Winner of Most Promising Rookie of the Year, AC Lawrence Real Estate LLC THE REAL ESTATE BOARD OF NEW YORK ANNUAL REPORT 2014 | 7 TABLEAWARDS OF CONTENTS COMMERCIAL BROKERAGE AWARD WINNERS MOST PROMISING ROOKIE OF THE YEAR AWARD (L-R) Andrew Levin, Boston Properties; Ira Fishman, EVO Real Estate Group; Brian Ezratty, Eastern Consolidated; Eric Michael Anton, Brookfield Financial Real Estate Group NY, LLC; William Montana, Savills Studley; Jason Greenstone, Cushman & Wakefield; James Caseley, ABS Partners Real Estate; Joseph Grotto, Jr., Cassidy Turley; Joanne Podell, Cushman & Wakefield; Robert Nager, Rob Nager LLC RETAIL DEAL OF THE YEAR AWARD MOST INGENIOUS DEAL OF THE YEAR AWARD (L-R) Thomas Bow, The Durst Organization; Peter Braus, Lee (L-R) Gregory Tosko, Mary Ann Tighe, David A. Green, M. Myers & Associates; Richard Hodos, CBRE; Peter Ripka, Ripco Real Mermel, Caroline McLain, CBRE Estate; Robert Nager, Rob Nager LLC; Bradley Kaufman, Pryor Cashman LLP 8 |
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