How the Commercial Rent Stabilization Act will damage NYC’s economy
By Francis Greenburger I write as a native and lifelong resident of New York City, and not as a building owner and real estate investor,...
Tag : Commercial Rent Control
Leaders join forces to urge city to scrap commercial rent control plan
In advance of the City Council’s Friday, September 17 hearing on its misguided commercial rent control proposals (also known as Intro 1796 and Intro 2299), a group of...
Bracing for impact: Pending bills aimed at residential real estate have owners on alert
There’s no question that 2019 was the year of the tenant, thanks to the sweeping rent reforms made through the implementation of the Housing Stability...
Rent control clouds otherwise upbeat retail convention
New York City’s retail sector is finding its footing after several years in flux, according to brokers at this years ICSC Deal Makers convention. Some...
Busting the retail vacancy myth
The persistent myth that New York is experiencing a retail vacancy “crisis” has once again captured the attention of some elected officials who are once...
BANKS: Making Our Voices Heard for the Betterment of New York City
Last week, I had the great privilege of standing with more than 100 REBNY members who attended a public hearing on commercial rent control legislation. ...
Commercial rent control would deal catastrophic blow to NYC
We are vehemently opposed to Commercial Rent Control legislation pending before the City Council which will do nothing to solve the underlying issues behind storefront...
Outraged REBNY members turn out to protest ‘catastrophic’ commercial rent bill
The Real Estate Board of New York and its allies came out swinging during a City Hall hearing Monday on a controversial proposal to introduce...