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University Neighborhood Housing Program’s
2007 Bronx Affordable Housing ForumShrinking Affordability
Housing Prices, Quality and Preservation in the
City’s Last Expanse of Affordable Private Rental HousingTuesday, March 27th, 2007
at Fordham University’s Rose Hill Campus in the Bronx
Breakfast 8:30 – 9:00 AM
Forum 9:00 - 11:00 AMDownload the report in PDF here.
The largest supply of relatively low cost rental housing in New York City is threatened by high sales prices and the shrinking number of affordable units in comparable neighborhoods throughout the City. As the number of neighborhoods where the working poor can afford to live continues to contract, the expansive privately owned market rate (rent stabilized) multifamily housing stock of the west Bronx has become the last option for many struggling families. Yet while the rents in the west Bronx corridor (CDs 3, 4, 5, 6 and 7) are among the lowest in the city, they are still barely affordable to neighborhood residents who often pay more than half their income on rent.
University Neighborhood Housing Program will present research on a number of housing and demographic indicators, as well as discuss effective tools to help improve the quality of the housing stock and strategies for retaining some level of affordability on a large scale. Panelists representing the private, public, and nonprofit sectors will respond to this timely and pertinent presentation and will field questions from those in attendance.
Panelists:
Dan Houlihan, Houlihan & O’Malley Real Estate Services
Frank Anelante, Lemle and Wolff Real Estate
Stacey Cooper, North Fork Bank
Bill Carbine, HPD’s Division of Neighborhood Preservation
John Reilly, Fordham Bedford Housing CorporationDirections: The Metro North Fordham Road station is located just steps from campus. The D and 4 trains stop at Fordham Road, a 10 – 15 minute walk from campus. You can also transfer from either train to the Bx12 bus heading east along Fordham Road to Fordham Plaza. The Third Avenue entrance to campus is located across from Fordham Plaza.
- For a map showing the subways in the neighborhood, click here.
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