For decades, New York’s influential real estate industry was able to achieve many of its policy goals by dipping into its deep pockets to back moderates in both parties. In recent years, however, tenant advocates have found their footing, electing progressive lawmakers, pressuring candidates to reject contributions from developers and pushing for legislative milestones such as the 2019 Housing Stability and Tenant Protection Act. With the ascension of Gov. Kathy Hochul and the election of New York City Mayor Eric Adams last year, the balance of power is in flux.
City & State’s Real Estate Power 100 follows the shifting winds in NYC Real Estate, identifying the industry executives, commissioners, lawmakers old and new, lobbyists, advocates and activists who are grappling over the future direction of real estate in New York.
