Table of Contents
Owner Income and Expense
- Introduction
- Rent Stabilized Apartments:
- Summary
- Elements of the Price Index
- Rent Stabilized Hotels
- Rent Stabilized Lofts
- Projection of Price Index for 1996
- Summary
- Local Law 63
- Methodology
- Cross Sectional Study:
- Rents
- Operating Costs
- Operating Cost Ratios
- Building-Wide Variation in Rents
- Components of Operating Costs
- "Distressed" Buildings
- Longitudinal Study:
- Rents
- Operating Costs
- Operating Cost Ratios
- Summary
- Survey Respondents
- Financing Availability and Terms
- Underwriting Criteria
- Non-Performing Loans and Foreclosures
- Characteristics of Rent Stabilized Buildings
Distressed Housing
- Summary
- Methodology
- Changes in Arrears, 1988-94
- Number of Buildings
- Level of Arrears
- Number of Units
- Foreclosure Actions
- Introduction
- Summary
- Methodology
- In Rem Housing in New York City
- Tax Delinquent Housing in Other Cities
- Policy Responses in Other Cities
- Conclusion
Small Buildings
- Introduction
- Summary
- Rent and Income
- Expenses
- Tax Arrears
- Changes in Income and Costs
- Owners of Buildings
- Tenants
Income and Affordability
- Employment
- Income
- Low Income Renters
- Housing Court Actions and Evictions
Housing Supply
- Vacancy Rates
- New Construction and Tax Abatements
- Housing Permits
- J-51
- 421-a
- In Rem Housing and Tax Foreclosure
- In Rem Housing
- Tax Foreclosure
- Residential Co-op and Condominium Activity
Appendices
Appendix A: Guidelines Adopted by the Board
Appendix B: 1995 Price Indices of Operating Costs
- B.1 PIOC Sample, Price Quotes per Spec, 1994 vs. 1995
- B.2 Expenditure Weights, Price Relatives, Percent Changes & Standard Errors, All Apartments, 1995
- B.3 Price Relatives by Building Type, Apartments, 1995
- B.4 Percentage Change in Real Estate Tax Sample by Borough & Source of Change, Apartments and Hotels, 1995
- B.5 Tax Change by Borough and Community Board, Apartments, 1995
- B.6 Expenditure Weights and Price Relatives, Lofts, 1995
- B.7 Expenditure Weights, Price Relatives, Percent Changes & Standard Errors, All Hotels, 1995
- B.8 Price Relative by Hotel Type, 1995
- B.9 Changes in the Price Index of Operating Costs, Expenditure Weights & Price Relatives, 1985-1995
Appendix C: 1995 Income & Expense Study
Appendix D: 1993 Housing and Vacancy Survey
Appendix E: 1995 RGB Mortgage Survey
Appendix F: Tax Arrears in Rent Stabilized Buildings
Appendix G: Overview of Small Rent Stabilized Buildings,1995
Appendix H: Income and Affordability
Appendix I: Housing Supply