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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.
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Liu Sued over Shelter Contracts | NYCHA Sleepover | Mapping the Sequester’s Housing Impact
Bloomberg sues John Liu for rejecting two municipal contracts for homeless shelters; Rev. Al Sharpton hosts sleepover for mayoral candidate hopefuls at NYCHA projects; Foreclosure backlog continues to block housing recovery.
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Data Updates
The Price of Building Higher
In New York City, developers can sometimes buy unused development rights from nearby properties to increase the size of their own building projects. This visual shows the locations, numbers, and average price per square foot (in 2013 dollars) of recent (2003-2011) development rights transfers in Manhattan.
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Eminent Domain For Mortgages | Time to Bring Back Boarding Houses | De Blasio Weighs in on NYCHA
Thanks to a Cornell Law professor, some cities in California are using eminent domain to address the ongoing foreclosure crisis. Bloomberg’s legislative plan to encourage climbing the stairs. A new book by Alan Durning argues for bringing back boarding houses, rooming houses, microunits.
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Brooklyn Falling Short | Real Estate Tax Breaks for Wealthy | Parisian Rent Control
Despite its larger population, Brooklyn is failing to compete with vertical Manhattan; HUD Secretary Shaun Donovan weighs in on housing sector developments; & Paris introduces new rent controls alongside unpaid rent insurance for property owners.
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Bloomberg’s Un-affordability | Negligent Landlord Jailed | Long Commutes for the Poor
Bloomberg’s legacy on affordable housing has low income New Yorkers moving further and further away from Manhattan; a California Supreme Court judge ruled that GIS map data is part of the public record; residents of Broad Channel, Queens finally get some city aid, raising fundamental questions about how far the government should go to protect neighborhoods that are trying to fend off inevitably rising waters.
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Data Updates
Summer of 311
High temperatures weren’t the only thing New Yorkers were sweating last summer.
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Research & Policy
Spotlight Report: How to Preserve Affordable Housing in Gentrifying Neighborhoods
Maintaining affordable housing in New York City is crucial, particularly in New York City’s most rapidly gentrifying neighborhoods. A new manual by New York Appleseed details how to do just that, providing known strategies for preserving affordable housing as well as tools and strategies for preventing displacement.
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Bloomberg’s Vertical NYC | Gentrifying into Shelters | Town Houses in Dumbo
New York, the city of skyscrapers, kept rising under Bloomberg; DC.‘s New Communities affordable housing initiative has yet to deliver; 165 years of Midtown Manhattan development in a single minute.
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Bed-Stuy Gentrification | SCOTUS on Property Rights | East Midtown Rezoning
The Supreme Court hands down historic property-rights ruling; Manhattan community boards voice resistance to East Midtown rezoning.