Press Releases

• Report: New York City Lost Over 330,000 Affordable Unsubsidized Rental Units Since 2002

  June 10th 2015

  NYU Furman Center report finds that between 2011 and 2014, the number of unregulated and rent-stabilized units affordable to low-income renters continued to decline; report explores whether a new tax benefit for unsubsidized buildings could help slow the loss of affordability in this stock.

• Report: Leasing NYCHA Land in NYC’s Stronger Markets Could Create New Units & Produce New Revenue

  May 13th 2015

  NYU Furman Center report explores tradeoffs between leasing underdeveloped NYCHA land to generate revenue, create new affordable units, or achieve some portion of both.

• Report: Despite NYC’s All-Time Population High, Typical New Yorker Lives in Less-Dense Neighborhood

  May 5th 2015

  NYU Furman Center also finds that new housing units and fewer people-per-unit have contributed to changes in New Yorkers’ experienced density.

• Report Examines Economic Potential of Upzoning to Produce Affordable Housing in New York City

  March 26th 2015

  City’s low-rent neighborhoods may not have sufficient market strength to justify high-density mixed-income development without other forms of subsidy; In high-rent neighborhoods, additional density is valuable and city can require affordable units without stifling development.

• NYU Furman Center & Capital One Release National Affordable Rental Housing Landscape

  February 9th 2015

  NYU Furman Center and Capitol One research finds rents outpaced inflation in many major U.S. cities, leaving low- and moderate-income renters more burdened by housing costs.

• U.S. Racial Minority Groups Continue to Live in Separate and Unequal Neighborhoods

  January 30th 2015

  NYU Furman Center research finds large differences in the neighborhood environments experienced by different racial groups; these racial differences are amplified in more segregated metropolitan areas.

• The Dream Revisited: Explaining Ferguson Through Race and Place

  January 19th 2015

  NYU Furman Center’s series, The Dream Revisited, marks one year as a forum for “slow debate” among leading scholars and practitioners on economic and racial segregation; Latest discussion explores how racial and economic segregation set the stage for the events in Ferguson, Missouri.

• Report: High-Opportunity Neighborhoods in New York City are Losing Affordable Housing in NYC

  January 14th 2015

  Subsidy program opt-outs have caused New York City to lose subsidized, affordable rental housing in neighborhoods with high-quality schools, lower crime rates, and greater access to jobs.

• Report: Second Quarter Sees Citywide Drop in Notices of Foreclosure

  September 18th 2014

  Foreclosure notices decreased in all boroughs from previous year, dropping 17.1 percent overall, according to NYU Furman Center’s Quarterly Housing Update.

• New Report Explores the Effects of Historic Districts on House Prices in New York City

  September 16th 2014

  New research shows that the designation of historic districts increases the value of properties surrounding districts; designation also increases value of properties within districts on average; however, there is no increase in relative price in Manhattan, where the property owners lose more valuable development rights.

• Report Explores Growing Demand, Potential Barriers for Micro-Unit Housing in U.S. Cities

  August 13th 2014

  New report details regulatory barriers to creating denser housing in U.S. cities.

• Report: First Quarter Manhattan Residential Property Prices Reach New Peak

  August 5th 2014

  Citywide, housing prices grew over 17 percent in the first quarter of 2014 over the previous year, according to NYU Furman Center's Quarterly Housing Update.

• Report Examines the Challenges and Costs of Building Resilience Against Climate Threats in New York

  July 16th 2014

  Barriers to implementing retrofits could threaten city's supply of affordable housing; 
  Building owners face difficult choice between up-front costs of retrofit investments or escalating flood insurance costs.

• Fact Brief Examines Characteristics of Tenants in NYC’s Stabilized and Market-Rate Housing

  June 17th 2014

  Citywide, rent-stabilized units house larger share of minority households, senior-led households, and low-income tenants than market-rate units­­. 

• Report: NYC Sees Shrinking Middle Class, Growing Income Inequality, Income Segregated Neighborhoods

  May 28th 2014

  NYU Furman Center report finds that, despite citywide gains, persistent disparities remain in the quality of life of neighborhoods where households of different incomes can afford to live.

• NYU Furman Center & Capital One Release Affordable Rental Housing Landscape Illustrating NYC Rental

  April 23rd 2014

  Landscape provides insights into housing trends across five boroughs over 12-year span.

• NYU Furman Center Announces New Leadership

  April 3rd 2014

  Ingrid Gould Ellen named Faculty Director of the NYU Furman Center;
  Mark Willis named Interim Executive Director of the NYU Furman Center;
  Max Weselcouch named Director of the Moelis Institute for Affordable Housing Policy;
  Furman Center creates Advisory Board from the faculty of the NYU School of Law

• NYU Furman Center Report: Unlocking NYC’s Air Rights Could Spur Affordable Housing Development

  March 4th 2014

  New report details the untapped potential of NYC’s transferable development rights program; suggests policy approach that could “unlock” millions of square feet of unused air rights and help create more affordable housing.

• REPORT: Manhattan Sales Prices Peak for Second Consecutive Quarter

  February 19th 2014

   NYU’s Furman Center finds that home prices and sales volumes increased citywide; foreclosure filings reached new peak in the Bronx.

• STATEMENT: NYU Furman Center Congratulates Vicki Been on Appointment as Commissioner of NYC HPD

  February 8th 2014

  The NYU Furman Center congratulates Vicki Been on her appointment as Commissioner of the New York City Department of Housing Preservation and Development.