The Case Shiller Index for December 2011 has scored new lows on its three major indexes; the national composite index, the 20 city composite index and the 10 city composite index. New York metro area has also hit an all time low, so home prices are now at the lowest they have been since the housing crisis started in 2006. Is this the bottom?
Monthly Archives: February, 2012
Harold Shultz Discusses Mortgage Crisis at EDC
On Thursday, February 16, CHPC Senior Fellow Harold Shultz took part in Revisiting the Growing Impact of the Mortgage and Credit Crisis on New York City, hosted by the APA New York Metro Chapter at EDC. He was joined by Max Weselcouch of the NYU Furman Center for Real Estate and John Warren of Workforce Housing Advisers.
Harold presented research from CHPC’s new report, The Impact of Multifamily Foreclosures and Over-Mortgaging in Neighborhoods in New York City. The report shows that in New York City neighborhoods, a correlation exists between the presence of overmortgaged multifamily buildings and increased housing code… Read more...
75th Anniversary Luncheon–REGISTER TODAY!
We are delighted to announce that we have now opened registration for CHPC’s 75th Anniversary Luncheon, taking place on April 25 at the Times Square Marriott Marquis.
And we are thrilled that the program will include Special Remarks by New York City’s Mayor, the Hon. Michael R. Bloomberg. The program includes awards for Monadnock Construction, Richman Housing Resources, and Bank of America Merrill Lynch. There will also be a special presentation for our Making Room project led by the HPD Commissioner, Mathew Wambua.
You can see our full roster of honorees, and make a reservation Read more...
Jerilyn Perine on Miami 21 at AIA New York
On February 9, CHPC’s Executive Director Jerilyn Perine participated in “Miami21 New Zoning: New Lessons for New York City?” hosted by the AIA New York Chapter.
Elizabeth Plater-Zyberk, Principle at Plater-Zyberk & Co in Miami, presented the details of “Miami21,” one of the few new city-wide zoning codes completed in the last decade, and the first city-wide form-based code for a major American city.
Jerliyn Perine and other respondents familiar with New York City’s zoning code discussed the potential takeaways of the Miami21 effort for NYC. Jerilyn stressed the symbolic relevance of Miami21, saying “Too many of us in New York think… Read more...
J-51 and Gentrification
The J‑51 tax incentive program, the most successful housing rehabilitation program in New York City history, expired on December 31, 2011 (The “J‑51” program is §11‑243 of the NYC Administrative Code, which is authorized by §489 of the New York State Real Property Law).
It will be up to the New York State legislature to decide to renew the program and under what terms. However one likely argument that will be made, that J‑51 somehow contributes to gentrification of neighborhoods, seems to have been already addressed by the Court of Appeals.
J‑51
In the 1950’s New York City still had… Read more...
APA Panel Discussion with Harold Shultz
Harold Shultz is taking part in a panel discussion organized by the APA New York Chapter on February 16 2012, entitled, Revisiting the Growing Impact of the Mortgage and Credit Crisis on New York City.
Last year’s mortgage crisis panel discussion revealed that NYC neighborhoods continue to be negatively impacted by foreclosures and overleveraged multifamily properties.
This session Max Weselcouch will present this year’s findings of the State of New York City’s Housing and Neighborhoods, an annual study conducted by the NYU Furman Center for Real Estate that reviews the impact of foreclosures on New York City neighborhoods. She will… Read more...
CHPC Events in February 2012 M T W T F S S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 CHPC Events in March 2012 M T W T F S S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 CHPC Events in April 2012 M T W T F S S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 CHPC Events in May 2012 M T W T F S S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 CHPC Events in June 2012 M T W T F S S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 CHPC Events in July 2012 M T W T F S S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
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Latest News & Articles from CHPC
- CHPC at NYSAFAH Conference
- Videos from CHPC’s 75th Anniversary Luncheon
- Mayor Bloomberg Supports CHPC at Luncheon (watch videos)
- No Bottom Yet – Case Shiller Goes Down Again
- 2012 Starts with Case Shiller Decline
- Down Again
- Harold Shultz Discusses Mortgage Crisis at EDC
- 75th Anniversary Luncheon–REGISTER TODAY!
- Jerilyn Perine on Miami 21 at AIA New York
- J-51 and Gentrification
- APA Panel Discussion with Harold Shultz
- New Report: Neighborhood Impacts of Overmortgaged Buildings
- Not Yet the Bottom; Housing Prices Decline Again
- AIA NY Event on Miami21 with Jerilyn
- 1961: How Should Public Housing Be Designed?