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FURMAN CENTER F O R REAL ESTATE & URBAN POLI C Y N E W Y O R K U N IVERSITY 15 Years of Research, Analysis and Insight school of law • wagner school of public service FURMAN CENTER F O R REAL ESTATE & URBAN POLI C Y N E W Y O R K U N IVERSITY school of law • wagner school of public service The Furman Center for Real Estate and Urban Policy is a joint research center of the New York University School of Law and the New York University Robert F. Wagner Graduate School of Public Service. Since its founding in 1995, the Furman Center has become a leading academic research center devoted to the public policy aspects of land use, real estate development and housing. The Center is dedicated to the following three missions: n Providing objective academic and empirical research on the legal and public policy issues involving land use, real estate, housing and urban affairs in the United States; n Promoting frank and productive discussions among elected and appointed officials, leaders of the real estate industry, leaders of non-profit housing and community development organizations, scholars, faculty and students about critical issues in land use, real estate and urban policy; and n Presenting essential data and analysis about the state of New York City’s housing and neighborhoods to all those involved in land use, real estate development, community economic development, housing, urban economics and urban policy. 1 Directors’ Letter Dear Friends and Colleagues: Originally, the Furman Center focused “The idea behind the Center is that we weren’t most of its research on New York City, The 15th anniversary of the Furman but today our research is national in just a think tank…. Every project we did ultimately Center for Real Estate and Urban Policy scope. In 2009, for example, we joined is a good time to take stock of our ac- a national research consortium funded was published in a scholarly journal or book. But, complishments and plan for the future, by leading foundations—The What to ensure that we remain a distinctive Works Collaborative—working hand we were also more than an ivory-tower academic and trusted voice at the forefront of ac- in hand with The Brookings Institu- institution, because every project directly ad- ademic and public policy debates. tion, The Urban Institute, and Har- vard’s Joint Center for Housing Stud- dressed current policy problems and debates.” The Furman Center was founded as an ies to provide timely research and Michael H. Schill, Dean of the University of Chicago Law School and academic research center committed analysis to directly inform the new Ad- – to the highest standards of interdis- ministration’s national housing and founding faculty director of the Furman Center ciplinary empirical and legal research urban policy agenda. about housing, land use, real estate, and urban affairs. While these core val- The recent housing and economic In celebration of our 15th year, we in- services, and attend the various events ues have not wavered over the past fif- crisis has led to new, urgent demands vite you to read more about our history we sponsor to promote productive and teen years, the Furman Center has for our research and data analysis, as and our diverse and talented team. We honest discussion. We value your in- changed significantly. policymakers seek to better under- hope reading about our work will in- terest and support of the Furman Cen- stand what went wrong and determine spire you to explore our research, use ter, and look forward to opportunities When it started, the Center had just one which strategies will most effectively our valuable data and information to work together in the future. post-doctoral fellow to assist a few ded- allow us to recover and rebuild. To re- icated faculty members with research. spond to these demands, we launched The Center now leverages the extraordi- our Institute for Affordable Housing vicki been (law ’83) ingrid gould ellen nary resources of New York University, Policy in 2010. The Institute builds on especially its School of Law and Rob- the Furman Center’s history of trans- ert F. Wagner Graduate School of Pub- lating academic research for policy au- lic Service, to bring as many as 35 stu- diences by providing evidence-based Faculty Director Faculty Co-Director dents a year together with faculty from support for policymakers trying to de- Boxer Family Professor of Law at Professor of Urban Planning and Public across the University to address the velop effective solutions to national New York University School of Law Policy at New York University’s Wagner challenges facing urban America. housing issues. Graduate School of Public Service 2 The Furman Center publishes the first “State of New York 15 Years of Research, City’s Housing and Neighborhoods,” a compilation of statis- Analysis and Insight: tics on housing, demographics and quality of life in New York City, its five A Timeline Jay Furman (Law ’71), boroughs and 59 an international real community districts. The Center introduces estate investor and de- its Housing and Land veloper, endows the Michael Schill and Use Policy Breakfast Michael Schill, Jerry Center, which is re- Susan Wachter Series, bringing to- Salama, and Martha named the Furman publish “Principles gether policymakers, Stark release Reducing Center for Real Estate to Guide Housing academics, advocates, the Cost of New Hous- and Urban Policy Policy in the New and leaders of the real ing Construction in in his honor. Millennium,” in estate industry for New York City, outlin- Cityscape: A Journal candid discussions of ing the regulatory bar- The Center begins to of Policy Development current controversies. riers to building hous- host visiting scholars and Research. Professor ing in New York City. such as Shaun Dono- Schill gives a keynote Michael Schill, Ben They present findings van, who would later address on the paper The Furman Center Scafidi, Susan Wachter, to the New York City become Commissioner at the U.S. Department wins a major federal and Dennis Culhane Partnership, New York of New York City’s De- of Housing and Urban grant to create the publish “An Economic City Housing Partner- partment of Housing Development confer- New York City Analysis of Housing ship and the Depart- Preservation and De- ence, Housing Policy in Housing and Neigh- Abandonment,” sug- ment of Housing Pres- velopment, and subse- the New Millennium. borhood Information gesting ways policy- ervation and Devel- quently, Secretary of System (NYCHANIS), makers can anticipate opment and receive the U.S. Department Michael Schill, Dick which allows the and prevent abandoned considerable media of Housing and Urban Netzer and Scott Susin Center to make data housing, in the Journal attention. Development. publish “Changing on the city’s housing The Center hosts of Housing Economics. Water and Sewer Fi- and demographics its first conference, The State University Harvard University nance: Distributional accessible online. Housing and Commu- Samantha Friedman, of New York Press Press publishes Impacts and Effects on nity Development in Emily Rosenbaum, and publishes Housing and Sharing America’s the Viability of Afford- Ingrid Gould Ellen, Michael Schill, the New Fiscal Environ- Michael Schill publish Development in New Neighborhoods: The able Housing” in the Michael Schill, Amy Professor at the ment: New Directions “The Housing Condi- York City: Facing the Prospects for Stable Journal of the American Ellen Schwartz and New York University for New York City. tions of Immigrants Future, a collection Racial Integration Planning Association, Ioan Voicu publish School of Law (now in New York City” in of works edited by authored by Ingrid based on a 1999 report “Revitalizing Inner-City Dean, University of Michael Schill pub- the Journal of Housing Michael Schill, explor- Gould Ellen. This path- presented to the New Neighborhoods: New Chicago Law School), lishes “Assessing the The Center begins Research. It examines ing policy and practice breaking book pres- York City Department York City’s Ten Year founds the Center for Role of Community a post-doctoral homeownership, across a broad range of ents new empirical evi- of Housing Preserva- Plan” in Housing Pol- Real Estate and Urban Development Corpora- fellowship program affordability, crowd- topics, including public dence about residential tion and Development, icy Debate, beginning a Policy to produce rig- tions in Inner City Eco- to help train econo- ing, and housing qual- housing, homelessness, decision-making that the Department of series of research proj- orous, objective and nomic Development” mists, planners and ity among foreign- private sector hous- changes the national Environmental Pro- ects exploring the im- policy-relevant in the Review of Law lawyers for academic and native-born ing and public-private conversation about tection and the pact of the city’s hous- research. and Social Change. and research careers. households. partnerships. “white flight.” Water Board. ing investments. 1995 1996 1997 1998 1999 2000 2001 2002 3 The Furman Center launches its new Institute for Afford- able Housing Policy, made possible by Ronald E. Moelis The Furman Center, (Law ’82). Mayor with funding from Vicki Been and Allegra Bloomberg announces the Ford Foundation, Glashausser publish his third-term hous- holds a major national “Tenants: Innocent Vic- ing agenda at the Insti- conference on strate- tims of the Nation’s tute’s launch event. gies to address the glut Foreclosure Crisis” in of foreclosed homes, the Albany Government The Russell Sage Transforming Fore- Law Review, spurring a Foundation publishes closed Properties into national conversation How to House the Community Assets. about protections for Homeless, edited by tenants, and leading Ingrid Gould Ellen and Policy briefs such as to policy changes by Brendan O’Flaherty, “The Effects of Inclu- financial institutions which grew out of a sionary Zoning on Lo- and government.