Furman Center's 10th Annual "Housing & Neighborhoods" Report Explores NYC Trends
The Furman Center for Real Estate and Urban Policy, a project of the New York University School of Law and NYU Wagner, has just released the 10th annual edition of its widely read State of New York City’s Housing and Neighborhoods report.
Professors Been and Ellen are the directors of the Furman Center, which, in February, garnered a nationally prestigious MacArthur Award For Creative and Effective Institutions.
The 10th annual edition of the State of New York City’s Housing and Neighborhoods, features 2011 data on housing, demographics, and quality of life indicators for each borough and for the city’s 59 community districts. It also finds that while the city remains highly segregated by race, more of its neighborhoods are racially integrated today than 20 years ago. In addition, this year’s report analyzes mortgage finance trends in New York City, and finds that the volume of lending is increasing, the number of foreclosure notices issued has dropped from previous years, and the number of properties entering REO has decreased.