Press Release
REBNY Press
March 30, 2020
go.rebny.com/CoronavirusResources Includes Overview of Key Federal Stimulus Provisions in the CARES Act Specifically Targeted for the Real Estate Community
The Real Estate Board of New York (REBNY), the City’s leading real estate trade association, today announced the launch of go.rebny.com/CoronavirusResources, the group’s Coronavirus (COVID-19) Resource Hub website available to the real estate industry regardless of their membership status in the trade association.
“As New York continues to navigate the Coronavirus crisis, REBNY is focused on providing critical updates not only to our members, but to all New Yorkers in a timely and accurate way,” said REBNY President James Whelan. “In these unprecedented times, we continue to serve, support and advocate for our industry because it is such a critical driver of our City’s overall economic health and prosperity. Hundreds of thousands of New Yorkers earn a living in a real estate related field. Whether they are members of REBNY or not, our Coronavirus Resource Hub will provide a trusted, centralized source of information that will help the real estate industry navigate the quickly changing business climate during this difficult time.”
REBNY’s Coronavirus Resource Hub is available at go.rebny.com/CoronavirusResources. The website will connect members, the real estate industry and New Yorkers with the information they need to navigate these uncharted waters including:
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An overview of the provisions in the $2 trillion CARES Act, which includes support for workers; support for residential owners and tenants; lending support for businesses; tax support for businesses; and support for state and local governments. For more information, download
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Real estate industry resources
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A collection of breaking news updates from REBNY to members via the group’s Coronavirus Update Newsletter, as well as guidelines and tips for the real estate industry to help facilitate virtual business transactions during this crisis. For more information download
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Links to official guidance and insights from the Centers for Disease Control and Prevention (CDC), the White House, Federal Emergency Management Agency (FEMA) and other federal agencies, as well as New York State and New York City’s official Coronavirus guidance, including executive orders and information and notices for building owners.
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Information about how individuals or organizations in need can apply for help and how individuals and organizations can donate services and resources to help during the crisis.
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ABOUT THE REAL ESTATE BOARD OF NEW YORK
The Real Estate Board of New York (REBNY) is the City’s leading real estate trade association. Founded in 1896, REBNY represents commercial, residential, and institutional property owners, builders, managers, investors, brokers, and salespeople; banks, financial service companies, utilities, attorneys, architects, and contractors; corporations, co-partnerships, and individuals professionally interested in New York City real estate. REBNY conducts research on various civic matters including tax policy, city planning and zoning, rental conditions, land use policy, building codes, and other city, state, and federal legislation. REBNY regularly publishes market data, policy reports, and broker surveys. In addition, REBNY provides for its members: informational, technical, and technological resources; networking and charitable service opportunities; qualifying and continuing education courses; professional education programs, seminars, and designations; career-changing awards; legal advice; and a wide range of additional member benefits. For more information, please visit www.REBNY.com.