The Real Estate Board of New York (REBNY) has been around since the 1800s, and has always been a thought leader for the real estate sector. Created as the Real Estate Board of Brokers of the City of New York in 1896, its 27 members used to meet every Tuesday at 59 Liberty Street to establish a more efficient and prosperous property market. Through the Great Depression, in the 1920s and 1930s, the office boom of the 1960s, the stock market boom of the 1980s, and the rebuilding during the aftermath of 9/11, REBNY has been at the forefront of NYC real estate advocacy and growth.
Since its launch in 2013, the REBNY RLS, powered by Stratus, has become the de facto Residential MLS for NYC. 17,000 active members rely on the RLS every day to provide the most accurate and up to data listing information on NYC’s over 1.1M buildings and over 3.5M residential units. The RLS has grown significantly over the past few years, and is expanding outside of its initial boundaries to slowly become a regional powerhouse.
Today we’re proud to announce that REBNY will soon be launching its new Metro Property Database as a counterpart to the RLS. We are working very closely with Stratus to give real estate professionals the best possible experience to power their day to day operations, as well as a platform for advanced, targeted analytics. We can’t go into too much detail about the platform yet, but we can’t wait to show you what we have in store for the NYC market. Stay tuned!