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State of New York City’s Housing and Neighborhoods in 2020

Focus

Renters and Recovery

In this report, we draw on detailed rent payment data to build an understanding of the experiences of renters in affordable housing in New York City, and by extension, the landlords that house them. We begin by looking at household-level rent payment trends to understand how rental debt levels have changed for renters in our sample of predominantly affordable housing. Tracing payment rates and vacancy rates across the sample sheds light on how those two factors overlapped to affect revenue streams for owners. Owners typically manage finances at the property level, so we next examine the property-level and geographic distribution of changes in payment rates and rent debt to better understand the extent to which properties and neighborhoods were impacted during the pandemic. Finally, to outline which types of properties fared better amidst the economic shutdown, we consider the relationship between rent payment and two key characteristics: property size and the share of subsidized units.

Citywide Data 2020

This section provides a broad, longitudinal analysis of New York City’s housing and neighborhoods. The chapter is divided into four parts: income distribution, racial/ethnic composition, citywide indicators, and citywide indicators, by race/ethnicity.

State of Homeowners and Their Homes 2020

State of New Yorkers and Neighborhoods 2020

Neighborhood Profiles

Neighborhood data are critical for understanding local housing and demographic trends, identifying community needs, and informing policy conversations. The NYU Furman Center’s New York City Neighborhood Data Profiles are a one-stop platform for viewing and downloading neighborhood indicators, providing an in-depth look at demographic, housing market, land use, and neighborhood services indicators for the city’s 59 community districts.

The NYU Furman Center’s New York City Neighborhood Data Profiles supplement the State of New York City’s Housing and Neighborhoods report. Additional city, borough, and historical data can be found on CoreData.nyc.

Thank you to our sponsors

Citi
Santander

Artimus
Blackstone
BNY Mellon
The Brodsky Organization
The Community Preservation Corporation
The Durst Organization
Kramer Levin Naftalis & Frankel LLP
Lalezarian Properties
M&T Bank
MUFG
Omni New York LLC
Phipps Houses
Real Estate Board of New York
Richman Housing Resources LLC
Valley National Bank
Wavecrest Management
Wells Fargo

A&E Real Estate
Margaret Anadu
Apple Bank for Savings
Ariel Property Advisors
The Arker Companies
AvalonBay Communities, Inc.
B&B Urban
The Community Development Trust
Douglaston Development
Forsyth Street
Jonathan Rose Companies
L+M Development Partners
Lemle & Wolff Companies
LISC NYC
Mizuho Americas
Monadnock Development
National Equity Fund
Nixon Peabody LLP
Property Resources Corporation
Signature Bank
StreetEasy/Zillow
VHB

The State of New York City’s Housing and Neighborhoods report, published annually by the NYU Furman Center, provides a compendium of data and analysis about New York City’s housing, land use, demographics, and quality of life for each borough and each of the city’s 59 community districts.

The report is made possible through the generous support of our sponsors.

This year’s report includes the following:

2020 Focus on Renters and Recovery

This section draws on detailed rent payment data to build an understanding of the experiences of renters in affordable housing in New York City, and by extension, the landlords that house them.

Citywide Analysis

This section provides a broad, longitudinal analysis of New York City’s housing and neighborhoods. The chapter is divided into four parts: New Yorkers and neighborhoods; renters and their homes; homeowners and their homes; and housing development.

Citywide Data and Neighborhood Data Profiles

These sections provide current and historical statistics for housing, neighborhood, and socioeconomic indicators for New York City and all its boroughs and community districts.

 

Team

Elisabeth Appel
Maxwell Austensen
Jane Bartman
Isabella Black
Ryan Brenner
Max Brueckner-Humphreys
Gabriela Caballero
Jay Cullen
Jiaqi Dong
Adam George
Nardos Girma
Tyler Haupert
Carl Hedman
Sophie House
Janelle Jack
Noah Kazis
Christine Keough
Katherine Key
Bryan Kim
Julia Konrad
Amrita Kulka
Olivia Lee
Zachary Levine
Ayesha Lilaoonwala
Emma Maniere
Charles McNally
Kayla Merriweather
Deborah Morris
Matthew Murphy
Brittany Muscato
Abe Nelson
Sarina Noone
Bethany O’Neill
Alan Patterson
Alana Pogostin
Jaden Powell
Hayley Raetz
Katherine Rivard
Andres Rivero
Julie Rong
Alex Sernyak
Chris Shenton
Camille Watson
Isaiah Williams
Mark A. Willis

Project Directors

Maxwell Austensen
Ryan Brenner
Charles McNally
Hayley Raetz

Focus Authors

Hayley Raetz
Katherine M. O’Regan

Faculty Directors

Ingrid Gould Ellen
Katherine M. O’Regan

Special Thanks

Michael Bierman
Derek Hogue

Acknowledgements

We are grateful for the New York City Council’s support of CoreData.nyc.

The NYU Furman Center would like to thank the following people, whose leadership, advice, and support are invaluable:

Andrew Hamilton
President
New York University

Sherry A. Glied
Dean
Robert F. Wagner Graduate School of Public Service,
New York University

Trevor Morrison
Dean
New York University School of Law