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Blog

Why Do Urban Storefronts Stay Empty for So Long?

Erica Moszkowski • May 25, 2023

Storefronts often remain empty for months or years at a time, even in some of the world’s highest-rent retail districts. Between 2015 and 2019, for example, empty storefronts…
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

Small Consumer Segment Drives Majority of Remodeling

Elizabeth La Jeunesse • August 13, 2019

Of the more than 77 million homeowners in the US, an estimated 22 million completed at least one home improvement project in 2017, according to our latest Improving America’s…
Blog

More Existing Homes Will Have Smart Home Tech

Elizabeth La Jeunesse • July 30, 2019

Smart home technology—widely understood as devices that enable remote control and/or monitoring of household systems—is expected to be a major area of growth for the…
Blog

More Consumers Are Interested in “Healthy Homes”

Elizabeth La Jeunesse • February 6, 2019

Americans are increasingly worried about the links between health and everyday environmental exposures in their homes, according to “Healthy Home Remodeling: Consumer Trends…