Insights: How much does NYC rely on real estate?

Insights: How much does NYC rely on real estate?

New York City runs on the services, infrastructure, transit, and jobs that millions of New Yorkers rely on every day. But behind much of that is a source of support that often goes unseen: real estate. REBNY’s new Invisible Engine [https://www.rebny.com/reports/the-invisible-engine-2026/] report shows how real estate helps power the City’s financial health and everyday quality of life. In this episode, Zach Steinberg, REBNY’s Executive Vice President for External Relations and Advocacy, breaks down why real estate is a foundation for economic stability. Listen now to learn what really funds New York City, why real estate remains its “invisible engine,” and what is at risk if the City makes it harder to build, own, and invest. *Note: This episode was recorded on May 5, 2026. New York City budget figures are subject to change.

Insiders: Nikki Greenberg on the future of real estate

Technology is rapidly transforming how we live, work, and build in New York City. But understanding what that change means takes people who can connect innovation with real human needs. That’s the work Nikki Greenberg has built her career around. In our latest episode of Real Talk Insiders, Nikki shares her perspective as a globally recognized futurist and leading voice in PropTech. From founding Women in PropTech to her work with ULI and REBNY’s Technology Committee, she’s helping the industry think differently about what’s possible in a tech-enabled world. Want to learn more about Nikki? Visit https://www.nikkigreenberg.com/ [https://www.nikkigreenberg.com/] Want to learn more about REBNY? Visit https://www.rebny.com/ [https://www.rebny.com/]

Is your building ready for Local Law 97?

Local Law 97 is quickly becoming one of the biggest challenges facing New York City buildings — especially co-ops and condos. Designed to cut carbon emissions, the law sets strict limits for large buildings, with steep penalties for those that don’t comply. It’s a major step toward the city’s climate goals, but for co-ops, the path forward is far from straightforward. So what does compliance actually look like? In this episode, we’re joined by Richard Yancey, CEO of the Building Energy Exchange, to break down what Local Law 97 means for co-ops and what comes next for buildings across New York City. Resources discussed in the episode: * BE-Ex's Cutting Carbon in Co-ops & Condos [https://be-exchange.org/beexreport/cutting-carbon-coops-condos/] project * BE-Ex's Climate Mobilization Act Series [https://be-exchange.org/climate-mobilization-act-series/] * BE-Ex's Building Performance Partnership Webinar [https://be-exchange.org/the-future-of-multifamily/] * NYC Accelerator [https://accelerator.nyc/] * New York City Energy Efficiency Corporation [https://nyceec.com/] * Council of New York Cooperatives & Condominiums [https://www.cnyc.com/] Want to learn more about REBNY? Visit https://www.rebny.com/ [https://www.rebny.com/]

Insiders: Suzanne Jones on building a more inclusive NYC

Creating access to opportunity in New York City takes more than policy — it takes people willing to meet students where they are and help them move forward. That’s the work Dr. Suzanne Jones has dedicated her career to. In our latest episode of Real Talk Insiders, Dr. Jones shares how she’s expanding inclusion, accessibility, and career readiness. Through programs like the Summer Youth Employment Program and partnerships with REBNY, her work helps students build confidence, navigate academic and professional paths, and access opportunities in the real estate industry that have traditionally been harder to reach. In recognition of Neurodiversity Awareness Month, this conversation explores what real support looks like and how we can create opportunity across the industry for every kind of learner. Want to learn more about REBNY? Visit www.rebny.com.

What are sidewalk sheds and why are they everywhere in New York City?

Sidewalk sheds are everywhere in New York City — lining blocks, darkening storefronts, and often staying up for years. Originally designed to protect pedestrians from falling debris, many of these structures stem from Local Law 11, the city’s facade inspection requirement for taller buildings. The law was created to improve safety, but critics say it has also led to thousands of long-term sheds and costly, complex repairs. So how did we get here? Are sidewalk sheds actually making the city safer? And is there a better way? In this episode, we’re joined by Ahmed Tigani, Commissioner of the New York City Department of Buildings, to break down how the system works today and what potential reforms could mean for the future of New York City’s streets. To learn more about Local Law 11 and read the report, visit https://www.nyc.gov/site/buildings/safety/facade-local-law.page [https://www.nyc.gov/site/buildings/safety/facade-local-law.page] Want to learn more about REBNY? Visit rebny.com [http://rebny.com]