REW - Spinola: Real estate has earned its place at political table

With taxes from revenue-generating properties providing enough money to pay New York’s teachers, police officers, fire fighters, sanitation workers and corrections officers for a year, the city’s real estate industry is its most powerful sector.

And it’s most influential group is braced to harness that power to build a better New York.

Steven Spinola with Mayor Bill de Blasio at the REBNY gala in January.

“New York City is not a Wall Street town; we are a real estate town,” said Steven Spinola, the longest-serving president of the Real Estate Board of New York (REBNY) at a recent event hosted by the New York City chapter of NAIOP.

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