The financialisation of rental housing: A comparative analysis of New York City and Berlin

This paper compares how recent waves of private equity real estate investment have reshaped the rental housing markets in New York and Berlin. Through secondary analysis of separate primary research projects, we explore financialisation’s impact on tenants, neighbourhoods, and urban space. Despite their contrasting market contexts and investor strategies, financialisation heightened existing inequalities in housing affordability and stability, and rearranged spaces of abandonment and gentrification in both cities. Conversely cities themselves also shaped the process of financialisation, with weakened rental protections providing an opening to transform affordable housing into a new global asset class. We also show how financialisation’s adaptability in the face of changing market conditions entails ongoing, but shifting processes of uneven development. Comparative studies of financialisation can help highlight geographically disparate, but similar exposures to this global process, thus contributing to a critical urban politics of finance that crosses boundaries of space, sector and scale

Local Taxes in New York State: Easing the Burden

The months between the fall of 2007 and the adoption of New York State’s next annual budget in March 2008 are a critical juncture in the efforts to “fix Albany.” The process by which the next budget is prepared and debated, as well as the substantive decisions it embodies, are critical to the movement for political and fiscal reform in New York State. In order to promote fiscal reform, the Citizens Budget Commission (CBC) is convening three separate agenda-setting conferences for key stakeholders in the state budget process. Each session will focus on one aspect of fiscal reform with a goal of identifying specific changes that are assigned high priority for the coming budget cycle by a wide range of interested parties. The expectation is that the priority measures can begin to be implemented in the course of adopting the fiscal year 2008-09 budget. The first session was held on September 20 at the Rockefeller Institute of Government in Albany; the second was held on October 17 at Milano the New School for Management and Urban Policy in New York City. The third will be held at the Rockefeller Institute on December 6.Government__Local_Taxes_in_New_York_State.pdf: 14 downloads, before Oct. 1, 2020

The cost of the administration of the courts in the city of New York; a factual study.

Mode of access: Internet