Con Ed Lobbyist Eyed To Lead REBNY

The lead lobbyist for the state's largest utility is in the running to lead the city's most powerful real estate industry group.

John Banks, the vice president of government relations for Con Edison, is a leading contender to take over as president of the Real Estate Board of New York, a post held by Steve Spinola, who announced in the summer that he would retire next year after nearly three decades at the helm of one of the city's most powerful industry groups.

At Con Ed, Mr. Banks has been one of the top executives involved in the utility's government affairs since 2002, when he signed on at the company after serving as chief of staff for the City Council. Lobbying is a vital activity at Con Ed, whose income stream is determined by what rates it's allowed to charge by the state's Public Service Commission.

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