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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…
Working Papers

The Housing Needs of Lower-Income Homeowners

Josephine Louie, Eric Belsky, Nancy McArdle • August 14, 1998

W98-8: Homeownership is still a prime goal for Americans, and a rising homeownership rate is good for our country. Families, especially lower-income families, build up…
Reports

The Future of Manufactured Housing

Kimberly Vermeer, Josephine Louie • January 1, 1997

In the 1930s and 1940s, mobile homes were viewed as recreational housing and were indeed highly mobile. The original intention of manufacturers was to provide temporary,…