Build, baby, build': Hochul comes to REBNY Gala, says construction key to city's future amNewYork
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Build, baby, build': Hochul comes to REBNY Gala, says construction key to city's future  amNewYork
"More than 1,000 builders, brokers, developers, bankers, attorneys and officials involved in the New York City real estate industry recently united to honor each other as Gov. Kathy Hochul said construction needs to be part of the solution to some of New York City's problems. The crowd at the Real Estate Board of New York's 130th awards ceremony at the newly renovated Waldorf Astoria New York sat in a building whose comeback itself is one of the city's bigger real estate stories in recent years."
"REBNY President James Whelan said this was a moment to look at how to meet the opportunities and challenges facing our City's economy in 2026 head on. One thing you all share is that you believe in this city and invest in it and plan and build for its long-term success, he told the crowd. New York can be a tough place. But as the phrase goes, when the going gets tough, the tough get going."
More than 1,000 builders, brokers, developers, bankers, attorneys and officials from the New York City real estate industry attended the Real Estate Board of New York's 130th awards ceremony at the renovated Waldorf Astoria. Attendees walked a red carpet, networked, and discussed tax abatements, rising material costs, the need for affordable housing, and challenges and rewards of building in and beyond the city. Governor Kathy Hochul emphasized that the future of real estate in New York City is strong and that construction must be a key part of building a better future, promising partnership and barrier removal. REBNY President James Whelan framed the event as a moment to confront opportunities and challenges facing the city's economy in 2026 and to continue long-term investment and resilience.
Read at www.amny.com
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