Industry News

New York property listings database will open to public

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The Real Estate Board of New York on Wednesday announced plans to launch a new service to provide a Web-based searchable database of residential properties for sale and for rent in New York City. REBNY says it has begun developing a Web portal that will incorporate its members' property listings and make the portal available to the general public for free in early 2007. REBNY is New York City's largest trade association with more than 11,000 members from more than 300 brokerages. The group includes major commercial and residential property owners and builders, brokers, managers, banks, financial service companies, utilities, attorneys, architects and contractors. "Those looking for a home in New York City will soon have one tool that enables them to search and browse listings in the most comprehensive database of residential properties on the market," said REBNY President Steven Spinola. "Accurate and current exclusive listings of the most active and professional firms in the city wil...