Erica Moszkowski, Daniel Stackman
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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…
W11-1: Suburban gentrification is most visible through capital reinvestment in the built environment. In this paper, I examine one type of reinvestment—the incremental,…