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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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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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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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News & Events
Mark Willis Testifies in US Senate
Furman Center Resident Research Fellow Mark Willis testified on opportunities to bring private capital back into the mortgage market before the Securities, Insurance, and Investment subcommittee of the US Senate Committee on Banking, Housing, and Urban Affairs.
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Research & Policy
QUARTERLY HOUSING REPORT: Citywide Home Prices Up Two Percent in Fourth Quarter of 2012
April 3, 2013 – Home prices in New York rose in the last quarter of 2012, according to the Furman Center’s New York City 2012 Quarterly Housing Update: 4th Quarter. Increase in prices was seen in all boroughs except Manhattan, with the Bronx showing the largest increase over the previous quarter, with prices up 8.1 percent. The Bronx also led the city with the most building permits authorized and the greatest increase in sales volume. See the press release or read the full report.
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Research & Policy
POLICY BRIEF: Housing Voucher Recipients Don’t Cause Crime, but Tend to Follow in its Wake
March 15, 2013—A new report released today by the Furman Center and Moelis Institute debunks the long-held myth that the influx of households with vouchers causes crime in a neighborhood to increase. Rather, the report finds that housing voucher recipients tend to move into neighborhoods with high existing levels of crime. These findings should reassure communities worried about entry of voucher holders, but also raise questions about whether the Housing Choice Voucher program is reaching its stated goal of helping recipients reach “better” neighborhoods. See the press release or read the full report.
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Research & Policy
New Furman Center Report Finds That Superstorm Sandy Hit NYC’s Low-Income Renters the Hardest
March 6, 2013—Four months after Superstorm Sandy, New Yorkers continue to pick up the pieces and rebuild. A new study released today by the Furman Center summarizes newly available information about the characteristics of properties in the area in New York City flooded by Sandy’s storm surge, as well as demographic characteristics of households that have registered to receive assistance from FEMA. Released in partnership with Enterprise Community Partners, who provided a similar analysis on Long Island and New Jersey, the reports find that low-income renters were disproportionately impacted by Sandy and will require special assistance to fully recover. See the press release or read the full report.
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Research & Policy
POLICY BRIEF: Furman Center Finds Concentrated Foreclosures Lead to Increase in Neighborhood Crime
Foreclosures affect not only individual homeowners, but also the crime levels of the surrounding neighborhood, according to a new report released by the Furman Center. The study found that neighborhoods with concentrated foreclosures see an uptick in crime for each foreclosure notice issued. These effects are pronounced in hardest hit neighborhoods; that is, those with concentrated foreclosures. The report suggests that policing and community stabilizing efforts should prioritize areas with concentrated foreclosures, especially those where crime rates are already moderate to high. See the press release or read the full report.
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News & Events
Furman Staff Present to City Planning Commission in Advance of Parking Requirement Decision
January 24, 2013 – Applauding the Department of City Planning’s willingness to reexamine parking regulations in the Manhattan Core, The Furman Center’s Josiah Madar and Simon McDonnell presented a letter to the City Planning Commission. Among the changes included in the Department of City Planning’s proposed zoning text change, parking built to serve residential development would no longer be restricted to the building residents, and earlier changes to minimum parking requirements would be extended to buildings built before 1982 when the changes were enacted. The Furman Center’s commentary notes that these changes would add flexibility to the use of current and future parking. Read the full letter here, and the Furman Center’s 2012 policy brief on minimum parking requirements here.
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Research & Policy
Furman Center Research on Neighborhood Integration Featured in HUD Journal
January 24, 2013 – A Furman Center paper identifying the pathways through which neighborhoods become and stay integrated appears in the most recent issue of the Department of Housing and Urban Development’s Cityscape Journal. Looking at all American cities, the paper finds the number of integrated neighborhoods has risen since 1990 from 20 to 30 percent. The paper also considers the factors that influence neighborhood integration and help neighborhoods stay integrated. Read the paper here.