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Through REBNY, Manhattan's most talented, energetic and influential real estate professionals work with the city's political establishment to promote public policies that:

Expand New York's economy
Encourage the development and renovation of commercial and residential real property
Enhance the city's appeal to investors as a business location and as a place to live, and
Facilitate property management

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Represents the industry's interests before city, state and federal governments, and in the arena of public opinion

Assembles, analyzes and circulates information about regulatory actions, market data, management techniques and other matters that affect its members' businesses

Provides its Residential Brokerage Division members the rules to exchange exclusive sale and rental information thru a 72 hour Co-broke Listing Service (RLS) for Manhattan and designated Brooklyn areas.

Issues newsletters and bulletins advising members of government actions, market trends and other industry-related news

Organizes membership support for industry-wide efforts to promote a stronger economy

Provides computerized profiles of every Manhattan parcel, including zoning and financing information, city-wide code compliance data and customized reports on groups of properties

Maintains the largest trade association reference library on real estate materials in New York City

Offers courses that satisfy licensing requirements for brokers and salespersons. For further information, please contact Indi Jaipal at E-mail Address: ijaipal@rebny.com or call (212) 616-5236.

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REBNY's membership consists of the major office and residential property owners and builders, brokers and managers; banks, financial service companies, utilities, attorneys, architects, contractors and other individuals and institutions professionally interested in Manhattan real estate.
Senior industry executives from these ranks lead REBNY committees dealing with such crucial matters as Tax Policy, City Planning and Zoning, District Rental Conditions, Land Use, Buildings Codes and Legislation. The committees' findings and recommendations shape Real Estate Board positions on major policy issues affecting REBNY members' businesses.

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The Board of Governors, via its Executive Committee, reviews recommendations from REBNY's Divisions, Boards of Directors and standing committees. The standing committees' members are widely respected authorities in such fields as city planning and zoning, housing, building management, commercial district rental conditions, residential rentals and sales, and insurance. If the governors endorse a recommendation from one of these panels, Board staff presents this position to the appropriate public officials and, when indicated, to journalists and other opinion leaders as well.

All bills of interest to the industry before the municipal or state legislature are reviewed by an appropriate committee of REBNY experts. These specialists analyze a measure and present their views in the form of a legal memorandum. The committees' work has both prevented the passage of countless potentially damaging bills and convinced the city's and state's lawmakers to enact measures that have greatly benefited New York's economy and housing stock.

From time to time, ad hoc Board task forces are appointed to study issues of immediate importance. Laws and regulations governing major building code changes, federal tax policy, residential conversions, zoning incentives and tax collection dates are among the public policies which have been strongly influenced by the work of REBNY committees.

The Real Estate Board has the following divisions:
The Owners & Builders Division consists of several committees-Legislation, Land Use, Building Codes and Regulations, City Planning and Zoning, Tax Policy, Housing, Law, Energy, Insurance; and the Owner/Labor Coordinating Committee. This division's members are deeply involved in every area of public policy touching on the construction process and receive frequent advisories on pertinent laws, regulations and REBNY lobbying activities. The Board's staff maintains close liaison with various government agencies and can assist members with problems caused by red tape and other bureaucratic obstructions.

The Commercial Brokerage Division has 10 rental conditions committees whose members study and exchange information on demands for space, prevailing market rates and neighborhood trends throughout Manhattan. Other Brokerage Division committees include Sales Brokers, Finance, Consultants, and Leasing Brokers panels. Most of these groups hold regular monthly luncheon meetings. Thru the Commercial Listing Exchange, Rebny facilitates the exchange of listings to members of the Commercial Brokerage Division.

The Residential Brokerage Division, which deals with issues regarding the sale or lease of residential property, contains the Education, Ethics, Membership, Government Affairs and Rental committees, as well as the Interfirm Forum. Most of these panels meet on a monthly or bi-monthly basis. The division's ranks include principals and managers of residential firms, residential brokers, and salespersons. This division maintains a 72 hour Cobroke Listing Service (RLS) of all Manhattan and designated Brooklyn area member firms exclusive sales and rental listings. Mandatory co-broking is required of all members of this division.

The Management Division consists of leading commercial and residential property managers and is a respected advocate on such matters as building code and regulatory issues, fire and life safety requirements, environmental protection and handicapped access. Among its major goals is the promotion of professional, efficient building operations.

The Allied and Associates Division is composed of companies and individuals performing services and/or providing products for the real estate industry. This division and its activities reflect the broad interests of New York's business community in real property.

The Institutional Owners and Investors Division gives banks, insurance companies, investment houses and pension funds that own or lend on Manhattan property an opportunity to shape Board and public policies that can strengthen the city's real property market.

Membership Department
This department answers questions about REBNY membership and maintains a complete, up-to-date list of our members, their addresses and telephone numbers, for the Diary & Manual listing. For Membership information, please call 212-532-3100, ext. 5244 & 5245.

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The Real Estate Board offers its members the following services on an exclusive basis to help them make sound business decisions:

The Seymour B. Durst Library contains over 500 volumes and 100 professional journals and periodicals on industry topics. No other New York City trade association has so extensive a real estate reference resource.

The Library contains up-to-date computerized ownership and mortgage information files on all Manhattan properties, Brooklyn, Queens, Bronx, and Staten Island, as well as assessed valuation listings and current property maps for every parcel in the city. Access to this invaluable fund of information is available free of charge to REBNY members who visit our Library or at its website, www.rebny.com. For a modest fee, the Board provides members with valuable customized reports from information contained in the data base.

The Real Estate Board Research Department investigates and reports on issues of vital concern to the industry. Residential conversion trends and energy conservation techniques used in high-rise office buildings are among the subjects on which REBNY's Research Department has done definitive studies. The Research Department also publishes three important periodicals: The Cooperative Sales Report, the only published quarterly and annual surveys devoted exclusively to residential cooperative transactions: The Board's Condominium and Townhouse Report is published on the same schedule. REBNY Reporter and The Real Estate Board of New York Annual Journal, distributed at the Annual Banquet in January, track our organization's efforts and achievements, as well as the condition of New York's economy and property market during the year just past.

The Real Estate Board Services Store sells (at a special discount to members) the standard REBNY commercial and residential lease forms, which are used throughout the city (also available online at www.rebny.com), and the Board's Annual Diary & Manual, which contains a directory of all REBNY members and a wealth of reference material, including official summaries of recently enacted laws, that can be applied to solving any number of business problems.The Annual Diary & Manual is regarded as the industry's almanac

The Real Estate Board Staff is on call to help REBNY members make the best use of the library and data base, and to advise on such problems as securing permits, obtaining and retaining broker and salesperson licenses, threading one's way through bureaucratic red tape, and analyzing government programs of special interest to the real estate profession.

Membership Breakfasts, Lunches and Dinners present, as speakers, both senior public officials and industry leaders who keep REBNY members current on those issues which directly affect their businesses.

REBNY's Web Site, www.rebny.com, contains a directory of Real Estate Board members and a calendar of upcoming events of interest to members. The site's page offers exclusive access to our property and membership databases, our Research Department's reports, texts of various Board publications and bulletins legislatives and regulatory matters. The page also links to the sites of goverment agencies and other useful applications. In addition, brokerage firms can provide other REBNY members with direct access to their own Web pages via www.rebny.com.

Educational
REBNY's continuing education programs for brokers and salespersons, and for applicants seeking those licenses, are accredited by New York's Department of State. Courses are scheduled conveniently and priced reasonably for members who must satisfy the state's various education requirements. Arrangements can be made for taking instruction on-line. The classes, taught by industry leaders and senior goverment officials, give members a special perspective on important realy issues.

Real Estate Board Awards are highly respected insignias of professional achievement. Among the most well-known REBNY awards are the annual Henry Hart Rice, Robert T. Lawrence and Residential Deal of the Year prizes given to the brokers who negotiated complicated agreements with noteworthy inventiveness.

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REBNY Listing Service (RLS)

The REBNY Listing Service (RLS) is a sharing of listings system available to all REBNY firms who are members of the Residential Brokerage Division and non-members firms that receive revenue from the residential sales or rental of residential property located in the jurisdictions authorized by the Residential Board of Directors. This system mandates that within 72 hours of being engaged as an Exclusive Agent, every RLS member must initiate an offer of co-brokerage of all exclusive sale or rental listing located in the said jurisdictions to every other member of the RLS system that have expressed in writing an interest in receiving such listings, unless directed not to do so by the seller. The RLS is also available to firms that are not members of REBNY. For further information contact Ossie Shemtov at the Real Estate Board of New York at oshemtov@rebny.com.

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REBNY'S SOCIAL AND CIVIC ACTIVITIES

SOCIAL FUNCTIONS
The Board's social and professional activities complement one another. The Annual Banquet, golf and tennis outings, membership lunches and dinners, and other such occasions afford REBNY members the chance to enjoy good company, make contacts and obtain information. Friendships made at these events often became meaningful in our members' careers and social lives through the years.


CIVIC AFFAIRS

Ultimately, the product our industry sells is New York City; any contributions REBNY members and staff make toward improving New York also enhance the well-being of our industry. Committed REBNY members have:

created a non profit corporation to assist the city's effort to serve the homeless

organized life and fire safety seminars and supported public education campaigns for high rise residential and office occupants

served on the boards of our city's major cultural and health care institutions.

REBNY members also sit on community boards.

These are only some of the Board's civic efforts to elevate New York's reputation and make our town a better place in which to live and work. Through their public-spirited work, dedicated REBNY members have been responsible for attracting investment to New York and spurring its renaissance as an international business capital. Through its committees and social functions, the Real Estate Board offers its members many opportunities to serve their city and their industry through civic endeavors.

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REBNY Offers Access To Do Not Call Compliance Service
Health Insurance
Long-Term Disability
Long Term Care Insurance Program
Life Insurance

Personal Financial Planning
Credit Card
Car Rental Discount
Exclusive Avis Benefits for REBNY Members
Office Equipment - Ricoh Business Systems
Auto and Homeowners Insurance - Liberty Mutual
Discounts on Dell Computer purchases

Retirement Planning (401k, defined benefit plan, etc.)

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Download pdf file (4 pages) CODETHIC.pdf    (Acrobat Reader will be needed)

REBNY's members, and those affiliated with them, honor the Board's Code of Ethics. The Code, which applies to all Board members, clarifies licensees' responsibilities to their colleagues and to the public.

If an alleged Code violation involves an issue over money, the matter can be handled by voluntary mediation or binding arbitration. Non-monetary disputes are resolved by the Ethics Committee or its subcommittee of the Residential Brokerage Division.

The Residential Brokerage Division's Resolutions supplement the Code of Ethics for residential practitioners. Members of REBNY's Residential Division are expected to adhere to these Resolutions while its Recommendations are intended as standards we strive to meet.

By observing the Real Estate Board's Code of Ethics and the Residential Resolutions we provide fair treatment for all licensees participating in a transaction, and protect the interests of buyers and sellers.

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