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Working Papers

Option Value and Storefront Vacancy in New York City

Erica Moszkowski, Daniel Stackman • April 12, 2023

Why do storefronts remain empty for more than a year in some of the world’s highest-rent retail districts? Landlords with vacancies derive option value from two sources of…
Blog

Exploring a Decade of Contract for Deed Sales in the Midwest

Ann Carpenter, Taz George, Lisa Nelson • August 29, 2019

Contract for deed home sales, a once-notorious practice that seemingly faded into obscurity in the 1970s, have gained greater attention in the wake of the foreclosure crisis…