November 11, 2015
Property Tax Exemptions in Wonderland
NYU’s Furman Center has released a policy brief, The Latest Legislative Reform of the 421-a Tax Exemption: A Look at Possible Outcomes. This brief is part of a series on affordable housing strategies for a high-cost city. It opens, Since the … Continue reading
November 11, 2015 in New York City | Permalink | No Comments
Wednesday’s Academic Roundup
The Value of Manufactured Housing Communities: A Dual-Ownership Model, Charles Becker & Ashley Yea, Economic Research Initiatives at Duke (ERID) Working Paper No. 196. Liquidity Provision, Credit Risk and the Bond Spread: New Evidence from the Subprime Mortgage Market, Xudong … Continue reading
November 11, 2015 in New York City | Permalink | No Comments
October 30, 2015
Floodproofing Communities
NYU’s Furman Center has released a Research Brief, Planning for Resilience: The Challenge of Floodproofing Multifamily Housing. The Brief opens, As sea levels rise and storms become more frequent and severe due to climate change, many urban areas along the … Continue reading
October 30, 2015 in New York City | Permalink | No Comments
October 28, 2015
Wednesday’s Academic Roundup
Foiled by the Banks? How a Lender’s Decision May Support or Undermine a Jurisdiction’s Environmental Policies that Promote Green Buildings, Darren A. Prum, Michigan Journal of Environmental & Administrative Law, 2015, Forthcoming. The Numerus Clausus Principle, Property Customs, and the … Continue reading
October 28, 2015 in New York City | Permalink | No Comments
October 27, 2015
Primer on NYC Affordability Crisis
Enterprise has released a report, 2015 New York City Housing Security Profile and Affordability Housing Gap Analysis. Its conclusions are not shocking, but they are sobering: Of 2 million renter households in New York City, nearly 640,000 are low-income and … Continue reading
October 27, 2015 in New York City | Permalink | No Comments
October 21, 2015
Wednesday’s Academic Roundup
Clustered Housing Cycles, Ruben Hernandez-Murillo, Michael Owyang & Margarita Rubio, FRB St. Louis Paper No. FEDLWP2-13-021. Crowding Out Effects of Refinancing on New Purchase Mortgages, Steven A. Sharpe & Shane M. Sherlund, FEDS Working Paper No. FEDGFE2015-17. The Determinants of … Continue reading
October 21, 2015 in New York City | Permalink | No Comments
October 19, 2015
Monday’s Adjudication Roundup
The U.S. Securities and Exchange Commission were granted its request to freeze Luca International Group LLC’s CEO’s assets. He allegedly engaged in a “Ponzi-like” scheme with EB-5 investors. New York appeals court revived claims against Nomura Holdings Inc. brought by … Continue reading
October 19, 2015 in New York City | Permalink | No Comments
