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HUD Sec. Reinventing Recovery | Pushing out Tenants to House Homeless | Unwinding Fannie & Freddie
HUD Secretary Shaun Donovan says the Republic by Design program will have an impact on the ground, “in people’s live”; New York City landlords are pushing out paying tenants to make room for the homeless amidst a burdened shelter system; Preservationists voice concerns about the plan to sell Hudson River Park’s air rights.
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Obama’s GSE Plan | Sequester Cuts to Housing | Gentrification Critics are Gentrifiers Themselves
Obama said Tuesday the time has come to reduce the federal role in the mortgage market; Sociologists Joe Schlichtman calls on his fellow urban researchers to examine their role in gentrification; Congress misses an opportunity to restore sequester related cuts to housing programs
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Data Updates
From Knish to Kebab: NYC Remains a City of Immigrants
New York City has long been considered the Golden Door to the U.S.—and appropriately so. In 2010, over one-third of New York City residents were born outside the U.S.
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Selling NYC Air Rights | Housing Vouchers & Crime | Brooklyn’s Buildings Block by Block
NYC landmarks may benefit from Bloomberg’s new plan to allow bigger, taller, new buildings in Midtown; Bushwick artists try to rewrite gentrification’s usual story; and NYC rental housing market updates from July 2013.
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Visions for a Future NYC | Income Inequality in NYC | Transit, Open Space in Midtown Rezoning
Dan Doctoroff and John Zucotti discuss plans for “Next New York,”; Homeownership on the decline nationwide; All-cash buyers snap up Brooklyn brownstones
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Obama’s Second Housing Agenda | ‘Severely Burdened’ New Yorkers | New East Elmhurst Zoning
President Obama outlines his second-term housing policies in recent speech on the economy; Furman Center State of NYC’s Housing & Neighborhoods 2012 Report finds nearly one third of New Yorkers are severely overburdened by housing costs.
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Research & Policy
Report: State of New York City’s Housing and Neighborhoods 2012
In the six years since the recession, data paint a mixed picture of New York City’s recovery, according to the State of New York City’s Housing and Neighborhoods 2012, released today by the Furman Center.
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Data Updates
New York City Renters Feel the Squeeze
New York City renters are feeling the squeeze. According to the State of NYC’s Housing and Neighborhoods 2012 report, released today, between 2007 and 2011, the median monthly gross rent citywide increased by 8.6 percent and median household income decreased 6.8 percent.
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NYC Co-ops Undertaxed | More Households Doubling Up | Bike Lanes in Brownsville
Despite calls about inefficiency, rent regulations still help large number of poor; High income co-ops are under taxed, leaving massive tax burdens for poorer renters; Housing recovery prices out first time home buyers—once the mainstay of the market.
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Research & Policy
Report: State Law Requires NYC to Undertax Some of Its Most Valuable Properties
A new Furman Center report finds that some of NYC’s most expensive apartments are valued at a tiny fraction of their market price, and thereby drastically under-taxed.