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NY REBNY 130th Annual second banquet photo

NYC CRE Leaders: Getting to Affordability is Key; Path is Not Clear (VIDEO)

“The Mayor came into office with a message of affordability, and it’s the right mesage. [On] how we get there, we’re going to disagree.”

That’s Hal Fetner, chairman, Fetner Properties, responding to the question of the most important thing for Mayor Zohran Mamdani to focus on. For his part, Gary Rosenberg, president, Rosenberg & Estis, cited taxation as a hurdle to affordability, while Peter Riguardi, chairman and president, New York region, JLL, expressed the hope that the Mayor would learn the ropes quickly.

Connect CRE interviewed numerous commercial real estate leaders at the Real Estate Board of New York’s 130th REBNY Annual. In the video below, you’ll also get insights from Kelly Mack, president, Corcoran Sunshine Marketing Group; Jay Neveloff, partner at Kramer Levin; Jason Haber, agent at Compass and co-founder of American Real Estate Association; Alexander Durst, chief development officer, The Durst Organization; Nassau County Executive Bruce Blakeman; and Sam Chandan, founding director, NYU Stern Chao-Hon Chen Institute for Global Real Estate Finance.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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