Solving the Affordable Housing Crisis presented by the REI Executive Advisory Council

December 2, 2022
9-11 am – Live event with virtual simulcast
Fordham University | 150 W. 62nd Street | Costantino Room | New York, NY

Register for the in-Person Event

Register for the Virtual Simulcast

New York City is one of the most expensive places to live, and affordable apartments are dwindling. Between 2017 and 2021, the city lost roughly 96,000 apartments renting below $1,500 — as it gained 107,000 apartments renting at $2,300 or more. The vacancy rate for units under $1,500 was under 1 percent, while the rate for units renting above $2,300 was 12.64 percent.

Restrictive regulations, high construction costs, the loss of tax abatements, simple supply and demand – the reasons for the lack of affordable housing in the city are myriad. But what can be done?

Join Fordham’s panel of visionaries from multiple sectors like real estate development, finance, law, and government leaders to hear their views on how the affordable housing landscape has changed and what it will take to make city living affordable.

Panel:

Jed Resnick: CEO, Douglaston Development

Katherine McAdams: Director of MFH Affordable Lending, Wells Fargo

Michael LaCour-Little: Professor of Finance, California State University, Fullerton

Moderator:

Yasmin Cornelius: Senior VP, Community Affairs, L&M Development