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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…
Miscellaneous

Keynote Address: What Works in Community Investing

February 14, 2014

Keynote Address for “What Works in Community Investing: A Community Development Summit”Delivered November 8, 2013Piper Auditorium, Harvard Graduate School of Designby…