- REAL ESTATE EDUCATION
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NY OBSERVER --REBNY Has Been a Loyal Friend to Preservation
February 24, 2014
But preservation has seen some mission creep
Landmarks are a vital part of New York City’s legacy and an essential part of its identity. Rockefeller Center, the Empire State Building, Greenwich Village, the Grand Concourse and Brooklyn Heights are each irreplaceable and distinctive elements that make up the fabric of our city. The members of the Real Estate Board of New York (REBNY) proudly own and impeccably maintain some of New York’s great landmark buildings, and our office is in the magnificent landmark G.E. building.
Recently, REBNY has been accused of trying to weaken or destroy the Landmarks Law. This mistaken view has arisen in response to two recent REBNY studies: One pointed out that nearly 30 percent of Manhattan is a designated landmark, and the other noted that over the last decade there have been only five new affordable housing units built in historic districts. The response to these undisputed facts is to accuse REBNY of attacking the Landmarks Law.