In January, Rob Speyer spoke at the Real Estate Board of New York’s 120th Annual Banquet, where discussion focused on the city’s need for new developments that will foster continued economic growth and job creation.
“A new study by New York City Economic Development Corporation found that we need more office space — a lot more,” Speyer stated. “We’ve asked leading public and private sector experts to give their views on the state of the commercial real estate market, and what NYC needs to do to maintain our edge as a 21st century global economy.”
From 1960-1975, there were 169 new buildings that lent 110 million square feet in office space in New York City; from 2000-2015, only 35 new office buildings were built.
“As a city, and as an industry, we are making great strides in expanding our commercial districts and modernizing our office inventory, but more work needs to be done,” said Speyer. “Even as Hudson Yards and the new World Trade Center reshaping our skyline, we must push ahead with Midtown East rezoning, and we must continue to nurture emerging commercial markets.”
Watch the full REBNY video below:
Posted by robspeyer on August 22, 2016
The Mayor’s Fund to Advance New York City and the Mayor’s Office of Veterans Affairs (MOVA) have announced two partnerships with the private sector aimed at ending veteran homelessness within New York City. Totaling $750,000 in funds raised, the partnerships include the Deutsche Bank Americas Foundation, and the Real Estate Board of New York (REBNY) and its members.
The Deutsche Bank Americas Foundation has awarded a $250,000 grant to MOVA, to support the City in meeting Functional Zero, the national standard for ending veteran homelessness and rapidly rehousing all new veterans that enter the shelter system. Funds will be used for direct services for veterans as well as towards helping NYC reach its goals in ending veteran homelessness.
Additionally, the Mayor’s Fund has raised $500,000 from private partners, including REBNY and its members, to provide financial assistance to veterans who successfully transitioned from shelters to permanent housing at the end of 2015.
“Every veteran should receive proper housing and the services they need to help them cope with their experiences in war,” said Mayor de Blasio. “I think the Deutsche Bank Americas Foundation, REBNY and our folks in the Mayor’s Fund and MOVA who are leading the way towards functional zero.”
According to the federal Department of Housing and Urban Development, the number of veterans staying in shelters or on the streets has decreased by 90% since 2011. In 2015, NYC placed more than 1,000 veterans in permanent housing across the five boroughs.
So far in 2016, the City has placed 437 veterans in permanent housing.
Posted by robspeyer on March 29, 2016
On January 21, the Real Estate Board of New York gathered at the New York Hilton to celebrate the city’s real estate industry at the 120th Annual Banquet at the New York Hilton.
“REBNY’s annual celebration is always the biggest night of the year for the real estate industry, and this year was certainly no exception. We were thrilled to be joined by more than 2,000 of our members, as well as top government and business leaders from across the City and State, in celebrating the best and brightest of New York’s real estate community,” said Rob Speyer, President and CEO of Tishman Speyer and REBNY Chairman.
This year’s celebration honored the late John Zuccotti, a former REBNY chairman, as well as the accomplishments of the Stacom Family – Matthew, Tara and Darcy – as the first family to receive the Bernard H. Mendik Lifetime Leadership in Real Estate Award. Other honorees for the evening were Daniel Brodsky, Jeffrey E. Levine, Bill Montana, Edward V. Piccinich, and Steven H. Marvin.
After the video presentation (see below), a discussion was sparked around the city’s need for developments of new commercial office, industrial manufacturing, and life science space for continued economic growth and job creation. The video highlights findings from a recent NYCEDC study that predicts the city will need up to 60 million additional square feet of office space to keep up with the demand of job growth.
To read more about the night’s honorees and to view photographs from the event, visit Real Estate Weekly.
Posted by robspeyer on January 25, 2016
At Thursday’s 120th annual REBNY banquet, the Stacom family will receive the Bernard H. Mendik Lifetime Leadership in Real Estate Award, marking the first time an entire family will be honored.
The late Matthew Stacom and his daughters, Tara and Dary, will receive the award for their contribution to the city’s real estate industry. “The Stacoms are true industry legends whose collective contributions are worthy of this unprecedented recognition by REBNY,” said REBNY chairman Rob Speyer.
Other honors will be given to five executives for their contributions to real estate. Those executives are: Daniel Brodsky, Jeffrey E. Levine, Bill Montana, Edward V. Piccinich, and Steven H. Marvin. “Their dedication to professional, philanthropic, and humanitarian service exemplifies what it means to invest in our City’s future and we thank them for their tremendous efforts,” said REBNY President John H. Banks III.
“We look forward to gathering with all of our colleagues at our 120th annual banquet to celebrate the achievements of the real estate community and toast the vibrant real estate market,” said Speyer.
The banquet will also honor John Zuccotti, the former REBNY chairman who passed away in November.
For more information on the banquet, visit Real Estate Weekly.
Posted by robspeyer on January 20, 2016
Organizers of the Real Estate Board of New York’s 120th Annual Banquet, the black-tie event to celebrate industry leaders, recently announced the recipients of this year’s top honors.
The awards, which are set to take place on January 21, 2016, will honor “[t]he wide-ranging achievements of the industry leaders” said REBNY President John H. Banks III.
“Their dedication to professional, philanthropic, and humanitarian service exemplifies what it means to invest in our City’s future and we thank them for their tremendous efforts,” Banks said.
This year’s recipients include:
- The Stacom Family will receive the Bernard H. Mendik Lifetime Leadership in Real Estate Award for their exceptional accomplishments in the profession, leadership, and service to the real estate industry. This is the first time an award at the REBNY banquet will be given to a family.
- Daniel Brodsky, Senior Managing Partner of the Brodsky Organization, will receive The Harry B. Helmsley Distinguished New Yorker Award, which is presented to an industry member for invaluable contributions to New York’s civic welfare and the real estate community.
- Bill Montana, Savills Studley Managing Director, will receive The Louis Smadbeck Broker Recognition Award, which celebrates a commercial broker with exceptional personal and professional integrity, leadership, prominence in the brokerage community, and service to REBNY’s committees.
- Edward V. Piccinich of SL Green Realty will receive The George M. Brooker Management Executive of the Year Award. This award recognizes individuals in property management based on outstanding professionalism, civic achievement, and contributions to the industry.
- Steven H. Marvin will receive the Young Real Estate Man of the Year Award. Marvin is the Executive Managing Director and Partner of Olmstead Properties, Inc. This award is selected by the Young Men’s/Women’s Real Estate Association of New York and presented to a member who exemplifies integrity, professionalism, and personal ethics.
REBNY Chairman Rob Speyer said: “We look forward to gathering with all of our colleagues at our 120th annual banquet to celebrate the achievements of the real estate community, toast the vibrant real estate market, and posthumously honor John Zuccotti, a former REBNY Chairman and one of New York’s greatest civic leaders.”
Read more about the event at Real Estate Weekly.
Posted by robspeyer on December 1, 2015
The Real Estate Board of New York recently honored 15 of its members at the 27th Annual Residential Deal of the Year Awards and Gala – recognizing those who have made significant contributions to the field. This was also the first year that REBNY introduced The Eileen Spinola Award, named for the retired REBNY Vice President who was instrumental in the growth of the education and brokerage divisions of the board.
The inaugural winner of the award was Vickey Barron of Douglas Elliman. Barron, Director of Sales at the new Ralph Walker collection, played a key role in the overall growth of the company’s new development market in the city. In addition, she made contributions to REBNY as the co-chair of its education committee, while also serving on both the Ethics Committee and Residential Sales Council.
The top honor of the evening was the Henry Forster Award for lifetime achievement, which was presented to Corinne Pulitzer of Douglas Elliman Real Estate. As a top producer at Elliman, Pulitzer sells and leases luxury condos, co-ops, townhouses, commercial and investment properties and has closed tens of millions of dollars in transactions over the course of 20 years. Pulitzer is currently the Co-Chair of the REBNY Membership Committee.
A portion of the proceeds from this year’s Gala were donated to REBNY’s “Member in Need” program, as well as the New York City AIDs Memorial. More information on this year’s award recipients can be read at Real Estate Weekly.
Posted by robspeyer on November 13, 2015
On Thursday night, Rob Speyer honored outgoing REBNY President Steven Spinola with the Harry B. Helmsley Distinguished New Yorker Award at the organization’s 119th annual banquet.
“Steve Spinola has been the most important person in the history of REBNY,” Speyer told a packed ballroom at the New York Hilton, as The Real Deal noted. “He has made us a force to be reckoned with in the city, in the state, and it’s literally transformed the landscape of our industry.”
Said Spinola upon accepting the award: “My stepping down as your president only ends one chapter in the very impressive, continuing history of the Real Estate Board of New York. Together we have accomplished much. Great challenges remain and REBNY could not be in better hands.”
More coverage of the event can be found at The Real Deal.
The Commercial Observer also has more details about Thursday night’s banquet as part of its “REBNY 2015” coverage this week, which includes profiles of the event’s award winners:
- Glen Weiss, Executive Vice President – Director of Leasing at Vornado Realty Trust and Chairman of the Young Men’s/Women’s Real Estate Association, received the Young Man/Woman of the Year Award.
- Daniel Kinderbergh, Senior Vice President – Operations at Brookfield Property Group, received the George M. Brooker Management Executive of the Year Award for his past leadership during the aftermath of September 11th, Superstorm Sandy and other crisis situations.
- Peter Hauspurg, Chairman and CEO of Eastern Consolidated, received the Louis Smadbeck Broker Recognition Award for his achievement as a commercial real estate broker.
- Barbara Fox, President of the Fox Residential Group, received the Kenneth R. Gerrety Humanitarian Award for her constant dedication to community service.
- William Rudin, CEO and Vice Chairman of Rudin Management Company, received the Bernard H. Mendik Lifetime Leadership in Real Estate Award for his lifelong commitment to New York’s real estate industry.
Posted by robspeyer on January 16, 2015
The Real Estate Board of New York announced today that Con Edison Vice President of Government Relations John Banks will replace Steven Spinola as the organization’s next president.
“Throughout his extraordinary career in both the public and private sectors, John Banks has earned widespread acclaim for his wisdom, insight and trustworthiness, as well as his ability to build consensus,” said REBNY Chairman Rob Speyer. “We needed someone exceptional to replace Steve Spinola, and we found him in John.”
As Vice President of Government Relations, a position he has held since February 2002, Banks has expertly managed Con Edison’s government and community affairs as they relate to policies proposed or enacted at all levels of government. In addition, he has managed a dedicated staff of 38 people working in Con Edison’s active community relations and public affairs division.
“I look forward to working with the leadership of REBNY, its members, staff, the community and New York’s elected officials,” said Incoming REBNY President John Banks. “It is an honor to follow in Steve’s tremendous footsteps and build upon his accomplishments. I am grateful to Con Edison which encouraged and supported my team’s efforts to engage with and be a positive force in the communities we serve.”
Read REBNY’s full announcement here.
Posted by robspeyer on December 9, 2014
On November 10, Rob Speyer announced that Steven Spinola, who has served as REBNY president for nearly 30 years, will be honored with the Harry B. Helmsley Distinguished New Yorker Award at REBNY’s 119th Annual Banquet in January.
The award is presented annually to an industry member for their contributions to the city’s civic welfare and to the real estate community.
“We are enormously proud to honor our dear friend Steven Spinola for all the spectacular work he does for our industry. For nearly three decades, through good times and bad, Steve’s professionalism, thoughtful advocacy, and generosity of spirit has inspired our community,” said Speyer.
Read more about this year’s REBNY honorees at Real Estate Weekly.
Posted by robspeyer on November 10, 2014
AS REBNY Chairman, Tishman Speyer President and Co-CEO joined NYC Mayor Bill DeBlasio and other industry and community leaders for today’s announcement — REBNY will provide 15 apartments on the East Side for displaced residents as the New York State Association for Affordable Housing will assist with securing temporary and long-term apartments within the community.
“The building explosion that occurred earlier this week was a tragedy for the families impacted, the community and the city as a whole. It is in responding to such events when the city and its people are at their best. The real estate community is pleased that it can help contribute to that response and the city’s recovery,” said Rob Speyer.
Posted by robspeyer on March 14, 2014