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News & Events
Furman Center Researchers Present at AREUEA Conference in Washington D.C.
May 31-June 1, 2012: Furman Center researchers presented on topics including transferable development rights, household formation, urban development and mortgage loan modifications at The American Real Estate and Urban Economics (AREUEA) 40th Annual Mid-Year Conference in Washington D.C. Affiliated Faculty Researcher Sewin Chan and Doctoral Fellow Jackie Begley presented “The Effect of Housing Wealth on Work and Retirement Decisions.” Co-Director Ingrid Gould Ellen, Research Fellow Josiah Madar and Data Manager Max Weselcouch on “What’s Really Happening to the REO Stock? An Analysis of Three Cities: New York, Atlanta, and Miami.” Director Vicki Been, Legal Fellow John Infranca and Research Fellow Josiah Madar presented “The Market for Transferable Development Rights in New York City,” which analyzes development rights transfers throughout New York City, especially on the dynamics of transfers in the West Chelsea Special District. Ingrid Gould Ellen and Doctoral Fellow Michael Gedal also examined land use themes in “Valuing Urban Land: Comparing the Use of Teardown and Vacant Land Sales.” Research Fellow Andrew Hayashi’s “Salience, Inertia and Other Determinants of Property Tax Appeals” finds that property tax salience, measured by mortgage escrow, affects property tax appeals. More information on the conference is available here.
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News & Events
Research Fellow Mark Willis Presents on Multi-Family Housing at Hoyt Conference
May 18-20, 2012: Research Fellow Mark Willis served as a panelist at the Hoyt Institute conference in Palm Beach, Florida, where he discussed the role of government in the multi-family housing market. Alongside panelists from Deutsche Bank, Freddie Mac and Beekman Advisors, Willis, who noted that Fannie Mae and Freddie Mac accounted for over 50 percent of multi-family housing mortgage originations in 2011, explored alternatives to the secondary housing market, and discussed policies to strengthen the housing market demand in response to significant losses from mortgage-backed securities. The Hoyt Institute at the Weimer School, which convened scholars and practitioners from across the country, focuses on real estate and land use policy research.
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News & Events
Member of Furman Center’s Board of Advisors Named in Crain’s “40 Under Forty”
March 26, 2012: Melissa Pianko, Executive Vice President of Development at the Gotham Organization and a member of the Furman Center for Real Estate and Urban Policy’s Board of Advisors has been named one of Crain’s New York Business’ 2012 “40 Under Forty.”
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News & Events
Ingrid Gould Ellen and Josiah Madar Participate in ANHD’s Annual Community Development Conference
March 15, 2012: Furman Center Co-Director Ingrid Gould Ellen participated in a panel: “The Next Steps to a Comprehensive Housing Strategy: Permanent Affordability and beyond” at this year’s ANHD Community Development Conference. Ingrid Ellen’s presentation focused on the needs and challenges for affordable housing in New York City, particularly the declines in the availability of rental units that are affordable for low-income households. See the presentation here. Also, Furman Center Research Fellow Josiah Madar moderated a panel at the ANHD conference: “Will the Single-family Housing Market Get Better or Worse in 2012?” This panel focused on how the New York market for single family housing is being impacted by various factors including a recovering economy, increasing REO inventory, a growing shadow inventory of foreclosed properties, and restrictive underwriting standards.
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News & Events
Furman Center and NYU’s Institute for Education and Policy Awarded MacArthur Housing Matters Grant
March 13, 2012: Researchers at the Furman Center for Real Estate and Urban Policy and NYU’s Institute for Education and Policy were awarded a John D. and Catherine T. MacArthur Foundation How Housing Matters research grant. The Furman Center will use the $202,000 grant award to investigate how housing matters for children by exploring whether housing vouchers enable recipients to move to neighborhoods with higher performing public schools, and whether they shape the educational performance of their children. The study will use data on 200 of the largest school districts across the country, including New York City, to compare the quality of schools in the zones in which housing voucher holders live to the quality of schools where other assisted households live, as well as zones where other poor households live. Learn more about the MacArthur grant and the Housing Matters initiative here.
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News & Events
John Infranca Presents on Transferable Development Rights at Conference
March 2-3, 2012: John Infranca presented “Development Rights Transfers in New York City: The Case of the Highline” at the Association for Law, Property and Society’s 3rd Annual Conference at Georgetown Law School in Washington D.C. The Furman Center research project analyzes development rights transfers throughout New York City and the presentation looked more closely at the dynamics of transfers in the West Chelsea Special District.
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News & Events
John Infranca Presents on Religious Land Use at Washington D.C. Conference
March 2-3, 2012: Furman Center Legal Fellow John Infranca presented his paper on religious land use at the Association for Law, Property and Society’s 3rd Annual Conference at Georgetown Law School in Washington D.C. His presentation proposed an alternative framework for interpreting the Religious Land Use and Institutionalized Persons Act (RLUIPA), which protects religious landowners from certain land use regulations that infringe on religious exercise. Infranca focuses on the institutional nature of most RLUIPA claimants and applies theories of institutional free exercise and hardship tests from other land use doctrines to the claims of religious institutions. Read the paper here.
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News & Events
Ingrid Gould Ellen Participates in Roundtable Discussion on Foreclosure
Feb. 29, 2012: Furman Center Faculty Co-Director Ingrid Gould Ellen participated in a roundtable discussion on the state of the foreclosure crisis in New York, hosted by the Brennan Center for Justice at the NYU School of Law. The roundtable, which featured a discussion with Scott Wilson, Senior Advisor & Special Counsel to New York Attorney General Eric Schneiderman, addressed recent foreclosure settlements in New York and how the legal system has both fulfilled and fallen short on its promises to offer assistance to homeowners and their communities. Access a video of the roundtable here.
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News & Events
Vicki Been Presents on Land Use Regulation at University of Florida Levin College of Law
Feb. 28, 2012: Director Vicki Been presented the Fifth Annual Wolf Family Lecture, “Who Controls Land Use Regulation: The Urban Growth Machine versus Homevoters,” at the University of Florida Levin College of Law, which examined the scope, motivations and outcomes of New York City rezonings in the past decade. In addition to factors, such as neighborhood character, demographics and existing building size and zoning regulations, the study finds that in accordance with the urban growth machine theory, growth will occur almost anywhere in New York City due to existing infrastructure and high market demand, while based on the homevoter theory, voting homeowners oppose upzonings that further develop areas that are attractive due to available amenities. A video of the lecture may be accessed here.
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News & Events
Max Weselcouch Participates in APA’s Mortgage and Credit Crisis Panel
Feb. 16, 2012: Furman Center Data Manager and Research Analyst Max Weselcouch took part in the New York Metro chapter of the American Planning Association’s panel, “2012: Revisiting the Growing Impact of the Mortgage and Credit Crisis on New York City.” Her presentation focused on the impact of foreclosures on New York City neighborhoods and research on loan modifications. You can see the presentation here.