Furman Center Releases New Report on Public School Students in Homes Facing Foreclosure
October 4, 2010: While researchers have noted the deleterious effects of foreclosure on surrounding properties and neighborhoods, little is known about the effects of foreclosure on children. A new report, Kids and Foreclosure: New York City , released today by researchers at New York University’s Institute for Education and Social Policy (IESP) and Furman Center for Real Estate and Urban Policy, begins to address the issue by estimating the number of students in New York City affected by the current foreclosure crisis. “This study shows that the number of children living in foreclosed buildings in New York City is large and growing, and the impact falls disproportionately on black children.” said Ingrid Gould Ellen, Faculty co-Director of the Furman Center and a Professor at NYU’s Wagner Graduate School of Public Service. View press release.