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James Nelson

NEW YORK CITY – This month, I had the pleasure of sitting down with John Banks, president of the Real Estate Board of New York (REBNY). In his three years as president, Banks has facilitated a new 421-a tax abatement program, now known as “Affordable New York,” the Midtown East rezoning project, as well as laws for fairer rental housing. Banks has a desire that New York City continue to be a magnet for young professionals and other business people to live and work. He believes that building affordable housing and providing quality office spaces will be key to maintaining this status. “We have to grow,” he says. “The issues are complex and they’re rewarding when you can do something.” REBNY works closely with the government, and local property and business owners to find worthwhile solutions. Here are some of the highlights of REBNY’s major initiatives:

James Nelson

James Nelson is a Principal and Head of Tri-State Investment Sales in Avison Young’s New York City office.

Since Nelson’s start in the real estate industry 19 years ago, he has played an integral role in the New York City real estate market. He leads a team of professionals in a variety of client service offerings, including asset disposition, asset recapitalization, market research and financial analysis. His proficiency and capability is unmatched in all aspects of the acquisition and disposition of investment-grade real estate, as well as development and redevelopment transactions, on behalf of both institutional and private capital clients across all property types.

Prior to joining Avison Young, Nelson most recently served as Vice Chairman of Cushman & Wakefield, where he ran a successful investment sales team that marketed over $1 billion in deals in New York City and throughout the country over the past two years alone. He was also ranked as the number one Investment Sales broker at the firm nationwide in 2016. Prior to joining Cushman & Wakefield, Nelson was a partner and top producer for Massey Knakal for six of their last eight years and was named the company’s youngest partner in 2004. While at Massey Knakal, James was involved in the sale of over 400 properties and loans with an aggregate value of over $3.8 billion.

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