LEGAL CORNER: NYC Passes the FARE Act and Restricts the Payment of Commissions by Tenants
The real estate industry has expressed concerns regarding the potential repercussions of the FARE Act.
WHITE PLAINS Real estate’s most influential thought leaders came together virtually on November 5-6 to share thoughts on succeeding in the global marketplace and the future of our cities and residential real estate opportunities as part of the 14th Annual Global Real Estate Summit 2020.
The two day-long event focused on “A Global Voyage into Local Business” and was presented by the Brooklyn Board of Realtors; Greater Bergen Realtors; Hudson Gateway Association of Realtors; Liberty Board of Realtors; Long Island Board of Realtors; North Central Jersey Association of Realtors and the Staten Island Board of Realtors.
Real estate leaders from more than 16 countries participated in presentations and panel discussions that addressed global real estate trends, innovative development, new standards for sustainable building, changing demographics and best practices for moving forward in a post-COVID world.
A highlight of the second day was a featured keynote presentation from Nikki Greenberg, founder, Real Estate of The Future. Titled, “2020 A Space Odyssey,” Greenberg discussed the disruptive nature of the last year, the opportunities it presents, and the megatrends impacting cities and residential opportunities, namely: Amazon, Robots and Working from Home.
“The pandemic is temporary, but it has changed the way that we behave,” said Greenberg. “Within our homes, everywhere is now a work space and we want our homes set up to facilitate this. This is a long-term trend that we’re going to have to deal with. Embrace innovation and embrace change.”
Additional speakers included: Alina Aeby, CIPS, SFR, SRS, Broker Associate, COMPASS, San Francisco; Raya Ani, founder and design director, RAW-NYC Architects; Francis Fernandez Ariza, CEO, Spanish International Realty Alliance; Kevin B. Brown, Senior Global Real Estate Advisor and Associate Broker, Sotheby’s International Realty; Assaf Epstein, owner/manager, NADLAN 2000, Jerusalem, Israel; Charles Montgomery, award winning journalist and urban design consultant; Charlie Oppler, 2020 President-Elect, National Association of Realtors; Pedro Pereira, CEO Portuguese International Realty (PIR); and Liviu Tudor, president, European Property Federation and founder, Romanian Association of Building Owners.
The National Association of Realtors and the New York State Association of Realtors were premier sponsors for the Global Real Estate Summit 2020.
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