March 5, 2015
Housing and Vacancies in NYC
New York City’s Department of Housing Preservation and Development (HPD) has released its initial findings of its 2014 Housing and Vacancy Survey. There are some interesting findings about the housing stock, particularly for those of us who follow the NYC … Continue reading
March 5, 2015 in New York City | Permalink | No Comments
March 2, 2015
Airbnb and Profiteering
A NYC Housing Court judge issued a Decision/Order in 42nd and 10th Associates LLC v. Ikezi (No. 85736/2014 Feb. 17, 2015) that resulted in the eviction of a rent stabilized tenant who had rented his apartment through Airbnb at a … Continue reading
March 2, 2015 in New York City | Permalink | No Comments
Monday’s Adjudication Roundup
Morgan Stanley agrees to pay the DOJ $2.6 billion to end investigation about its mortgage-backed securities deals during the financial crisis. MetLife settles with DOJ for $123.5 million for issuing mortgages that did not meet underwriting standards. Settlement Agreement. Statement … Continue reading
March 2, 2015 in New York City | Permalink | No Comments
February 27, 2015
Economic Segregation in NYC and the USA
Richard Florida and Charlotta Mellander have released Segregated City: The Geography of Economic Segregation in America’s Metros. The executive summary reads, Americans have become increasingly sorted over the past couple of decades by income, education, and class. A large body … Continue reading
February 27, 2015 in New York City | Permalink | No Comments
January 30, 2015
Housing in Smart Cities
I attended an interesting research seminar led by Anthony Townsend yesterday at NYU’s Center for Urban Science and Progress (conveniently located in downtown Brooklyn). Professor Townsend is affiliated to NYU’s Rudin Center for Transportation Policy & Management. He discussed his recent … Continue reading
January 30, 2015 in New York City | Permalink | No Comments
January 16, 2015
Location, Location, Location of NYC Affordable Housing
NYU’s Furman Center has released a white paper, Housing, Neighborhoods, and Opportunity: The Location of New York City’s Subsidized Affordable Housing. The report opens, Rent burdens for low- and moderate-income renters continue to grow in New York City, inviting calls … Continue reading
January 16, 2015 in New York City | Permalink | No Comments
December 17, 2014
Lawyering up for Housing Affordability
The New York City Independent Budget Office issued an estimate of the cost of providing “free legal representation to individuals with incomes at or below 125 percent of the federal poverty level who are facing eviction and foreclosure proceedings in … Continue reading
December 17, 2014 in New York City | Permalink | No Comments
