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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

Building a New System of Housing Finance

Sarah Rosen Wartell • May 23, 2013

The JCHS research team is busy these days, putting the finishing touches on the 2013 State of the Nation’s Housing report, which will be released via live webcast on…