NYC broker fee bill goes into effect despite REBNY lawsuit

New York City’s broker fee bill went into effect on Wednesday, prohibiting property owners from passing broker fees onto renters. REBNY attempted to block the bill’s enforcement but failed. Continue reading

Hall Willkie steps down as president at Brown Harris Stevens

The Brown Harris Stevens vet will be moving into a consulting role as of July 1. East and West Side sales managers Itzy Garay and Kevin Kovesci will become co-presidents of the brokerage’s New York City region. Continue reading

Fred Peters leaves eponymous firm for Brown Harris Stevens

The Warburg Realty founder had been at his firm, which he sold to Coldwell Banker in 2021, for more than 30 years. Kevelyn Guzman took over leadership at the firm in 2024. Continue reading

NYC’s tax revenue soars, while job market faces its own challenges

Real estate-related taxes soared to an all-time high of $37 billion last year. That figure is expected to climb even higher to $40 billion in 2025, according to a REBNY report. Continue reading

The Agency taps ex-Brown Harris Stevens sales director as senior VP

Juliet Clapp has been named senior vice president and North East managing partner at The Agency New York. Ashlie Roberson of Tyler Whitman’s team has also been elevated to a partner. Continue reading

The cost to save NYC’s birds from the threat of windows? 50% more

This new legislation, introduced by council members Tiffany Cabán and Shaun Abreu, aims to address the risks posed by older buildings that were not covered by Local Law 15 and prevent bird collisions, which account for the death of approximately 250,00… Continue reading

2022 Deal of the Year winner David Mayer returns to Compass

The 2022 REBNY award winner has decided to return to Compass after a nearly two-year stint over at Corcoran. He said Compass’ tech was “light years ahead of other brokerages.” Continue reading

R New York becomes 1st big brokerage to join NAR challenger

With the addition, roughly 800 agents will boost the American Real Estate Association’s membership by nearly 30 percent to about 3,800 members. Continue reading

Bess Freedman says agents must ‘be present’ to succeed in 2024

Ahead of Inman Connect New York in January, the Brown Harris Stevens CEO shared with Inman her tips for navigating challenging economic terrain and what she’s looking forward to at ICNY. Continue reading

Kevelyn Guzman to take reins of Coldwell Banker Warburg in 2024

The firm’s current COO will adopt the role of Coldwell Banker Warburg regional vice president starting in January, as current president Frederick Warburg Peters steps into a new role as president emeritus. Continue reading