Real Estate Board of New York shows leadership after Sept. 11.
No one will ever forget where he or she was on Sept. 11, 2001. Real Estate Board of New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of members will also recall what REBNY REBNY Real Estate Board of New York did following the tragic attacks on the World Trade Center to stabilize a chaotic property market, prevent profiteering prof·it·eer
One who makes excessive profits on goods in short supply.
intr.v. prof·it·eered, prof·it·eer·ing, prof·it·eers
To make excessive profits on goods in short supply. from this catastrophe, and design the government assistance programs to build Lower Manhattan's future. Over that time, the board also extended the industry's hand to those whose lives were shattered by the bombings and took steps to enhance New Yorkers' sense of security in the wake of those horrifying events.
On the day of the disaster, REBNY chairperson Burton Resnick issued a memorandum urging members to keep rents at levels achieved prior to Sept. 10. In addition, our brokers agreed to waive commissions on new leases of a year or less for tenants displaced by the assaults. Residential brokers volunteered as well to assist those left temporarily homeless find temporary quarters. We also sent out a directive discouraging our members from playing on tenants' fears to influence their leasing decisions.
With Downtown's property market in disarray after the destruction or damage of 29 million SF of office space--about a third of the district's inventory--REBNY staff and broker members put in seven-day work weeks to help relocate some of the 100,000 jobs dislodged by the terrorists' assaults. REBNY executive committee member Jerry L. Cohen cohen
(Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. led telephone bank volunteers who dealt with over 500 requests and found new operating quarters for more than 120 firms.
While waging these campaigns on the "homefront," REBNY and its allies argued successfully in Congress and at the White House that the nation's stake in Lower Manhattan's revival as America's nerve center of global commerce warranted federal assistance to speed the district's recovery. The board lobbied the federal government alongside Senators Schumer and Clinton, Governor Pataki and Mayor Bloomberg, Representative Rangel and Lower Manhattan Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York. Lower Manhattan is generally defined as the area delineated on the north by Chambers Street, on the west by the Hudson River (North Development Corporation John Whitehead John Whitehead may refer to:
The board and LMDC LMDC Lower Manhattan Development Corporation (New York City, NY, USA)
LMDC Lake Merritt Dance Center (Oakland, California)
LMDC Logistics Management Development Course
LMDC Laser Motion & Development Company arranged for housing grants of up to $12,000 for residential occupants making a two-year commitment to lower Manhattan.
To help thousands of wounded families, REBNY members raised over $13 million for the Twin Towers Fund and other charities dedicated to those most victimized by this tragedy. Of special note, broker Frederick Marek created the REBNY Children's Fund whose proceeds were donated to leading Downtown social service organizations attending to the needs of young people from the neighborhoods near Ground Zero.
Anxieties about possible future terrorist offensives convinced REBNY to create a Security Task Force. We enlisted the city's Office of Emergency Management and New York's law enforcement agencies A law enforcement agency (LEA) is a term used to describe any agency which enforces the law. This may be a local or state police, federal agencies such as the Federal Bureau of Investigation (FBI) or the Drug Enforcement Administration (DEA). to help us protect tenants and properties from terrorists' aggressive acts. For that purpose, REBNY's e-mail notification system A modern notification system is a combination of software and hardware that provides a means of delivering a message to a set of recipients. For example, notification systems can send an e-mail when a new topic has been added to Wikipedia. will transmit advisories from OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and and the police department that offer useful information and dispel false rumors.
New York's buildings are the world's safest. Faced with newly perceived dangers to the city, however, REBNY and the police department's Joint Terrorism Task Force A Joint Terrorism Task Force (JTTF) is a partnership between the Federal Bureau of Investigation, other federal agencies (notably Department of Homeland Security components such as U.S. are raising already model standards for security even higher. The department and REBNY have co-sponsored two seminars for building managers who learned about distinguishing characteristics of potential terrorists as well as how to let the police know about their whereabouts and activities.
REBNY marks the first anniversary of the worst day in New York's history by requesting building owners to fly the American flag at half mast on Sept. 11 and asking all members to wear a flag lapel pin A lapel pin is a small pin often worn on the lapel of a dress jacket. Lapel pins can be purely ornamental or can indicate the wearer's affiliation with an organization or cause; for example, American Flag lapel pins became very popular in the United States, especially among or some other patriotic insignia. We look forward to working with New York's elected leaders and Whitehead to rebuild a more prosperous and diversified Downtown whose assets include an expanded public transit network suitable for the nation's third largest business district, a secure and sufficient power grid and a memorial worthy of those we lost a year ago.