New dynamics of rent gap formation in New York City rent-regulated housing: privatization, financialization, and uneven development

References

• Aalbers, Manuel B. (2016). Corporate financialization. In Douglas Richardson (Ed.), International encyclopedia of geography: People the Earth, Environment and Technology (pp. 1–11). UK: John Wiley & Sons.
   Google Scholar
• Anderson, Matthew B. (2014). Class monopoly rent and the contemporary neoliberal city. Geography Compass, 8(1), 13–24.
   Google Scholar
• Appelbaum, Eileen, & Batt, Rosemary. (2014). Private equity at work: When wall street manages main street. New York: Russell Sage Foundation.
   Google Scholar
• Ashton, Philip, Doussard, Marc, & Weber, Rachel. (2016). Reconstituting the state: City powers and exposures in Chicago’s infrastructure leases. Urban Studies, 53(7), 1384–1400.
   Web of Science ®Google Scholar
• Association of Neighborhood Housing and Development. (2009). Predatory equity: Evolution of a crisis. New York: Association of Neighborhood Housing and Development.
   Google Scholar
• Bagli, Charles V. (2013). Other people’s money: Inside the housing crisis and the demise of the greatest real estate deal ever made. New York: Penguin.
   Google Scholar
• Brenner, Neil. (2013). Theses on urbanization. Public Culture, 25(169), 85–114.
   Web of Science ®Google Scholar
• (2007). CD 2007-CD4 commercial mortgage trust. Retrieved from http://www.secinfo.com/dsvrn.u1u8.htm#1stPage
   Google Scholar
• Citizens Housing and Planning Council. (2009). Debt threat. Retrieved from http://chpcny.org/wp-content/uploads/2010/12/final-report-web-version-zombie-cover.pdf
   Google Scholar
• Clark, Eric. (1988). The rent gap and transformation of the built environment: Case studies in Malmö 1860-1985. Geografiska annaler. Series B, Human geography, 70(2), 241–254.
   Web of Science ®Google Scholar
• Clark, Eric, & Gullberg, A. (1997). Cities in transformation – transformation in cities: Social and symbolic change of urban space. In Ove Kalltorp, Ingemar Elander, Ove Ericsson, & Mats Franzen (Eds.), Power struggles in the making and taking of rent gaps: The transformation of Stockholm city. (pp. 248–265) Aldershot: Avebury.
   Google Scholar
• Clayton, Jim. (2009). Point of view: Debt matters: Leverage, liquidity, and property valuation. Journal of Real Estate Portfolio Management, 15(1), 107–113.
   Google Scholar
• Coakley, Jay. (1994). The integration of property and financial markets. Environment and Planning A, 26(5), 697–713.
   Web of Science ®Google Scholar
• Day, Jared N. (1999). Urban castles. New York: Columbia University Press.
   Google Scholar
• (2012). Denza v Independence Plaza Assoc., LLC.
   Google Scholar
• Fainstein, Susan. (2014). Harlem in the 2000s: Diversity, revitalization, gentrification, and equity. Retrieved from http://citiespapers.ssrc.org/harlem-in-the-2000s-diversity-revitalization-gentrification-and-equity/
   Google Scholar
• Fernandez, Manny. (2009, November 4). At independence plaza north in TriBeCa, a dispute over tax breaks and rents. The New York Times.
   Google Scholar
• Fernandez, Rodrigo, Hofman, Annelore, & Aalbers, Manuel B. (2016). London and New York as a safe deposit box for the transnational wealth elite. Environment and Planning A: Economy and Space, 48(12), 2443–2461.
   Web of Science ®Google Scholar
• Fields, Desiree. (2015). Contesting the financialization of urban space: Community organizations and the struggle to preserve affordable rental housing in New York City. Journal of Urban Affairs, 37(2), 144–165.
   Web of Science ®Google Scholar
• Fields, Desiree. (2017a). Urban struggles with financialization. Geography Compass, 11(11), 1–13.
   Web of Science ®Google Scholar
• Fields, Desiree. (2017b). Unwilling subjects of financialization. International Journal of Urban and Regional Research, 41(4), 588–603.
   Web of Science ®Google Scholar
• Furman Center for Real Estate & Urban Policy. (2014). Profile of rent stabilized units and tenants in New York City. New York: New York University School of Law, Wagner School of Public Service. Retrieved from http://furmancenter.org/files/FurmanCenter_FactBrief_RentStabilization_June2014.pdf
   Google Scholar
• Guild Partners. (n.d.). New York City multi-family real estate: The de-leveraging opportunity. New York, NY: Author.
   Google Scholar
• Gurian, Craig. (2003). Let them rent cake: George Pataki, market ideology, and the attempt to dismantle rent regulation in New York special series: Developing sustainable urban communities. Fordham Urban Law Journal, 31, 339–412.
   Google Scholar
• Hackworth, Jason. (2001). Inner-city real estate investment, gentrification, and economic recession in New York City. Environment and Planning A, 33(5), 863–880.
   Web of Science ®Google Scholar
• Hackworth, Jason. (2002). Postrecession gentrification in New York City. Urban Affairs Review, 37(6), 815–843.
   Web of Science ®Google Scholar
• Hackworth, Jason, & Smith, Neil. (2001). The changing state of gentrification. Tijdschrift voor economische en sociale geografie, 92(4), 464–477.
   Web of Science ®Google Scholar
• Haila, Anne. (1988). Land as a financial asset: The theory of urban rent as a mirror of economic transformation*. Antipode, 20(2), 79–101.
   Google Scholar
• Hammel, Daniel J. (1999a). Gentrification and land rent: A historical view of the rent gap in Minneapolis. Urban Geography, 20(2), 116–145.
   Web of Science ®Google Scholar
• Hammel, Daniel J. (1999b). Re-establishing the rent gap: An alternative view of capitalised land rent. Urban Studies, 36(8), 1283–1293.
   Web of Science ®Google Scholar
• Hamnett, C., & Randolph, W. (1984). The role of landlord disinvestment in housing market transformation: An analysis of the flat break-up market in Central London. Transactions of the Institute of British Geographers, 9(3), 259–279.
   Web of Science ®Google Scholar
• Harvey, David. (1974). Class-monopoly rent, finance capital and the urban revolution. Regional Studies, 8(3–4), 239–255.
   Web of Science ®Google Scholar
• Hyra, Derek S. (2008). The new urban renewal: The economic transformation of Harlem and Bronzeville. Chicago: University of Chicago Press.
   Google Scholar
• Keating, W.D. (1998). Rent regulation in New York City: A protracted saga. In W. D. Keating, M. B. Teitz, & A. Skaburskis (Eds.), Rent control. (pp. 151–168). New Brunswick, N.J: Center for Urban Policy Research.
   Google Scholar
• Krijnen, Marieke. (2018). Beirut and the creation of the rent gap. Urban Geography, 39(7), 1041–1059.
   Web of Science ®Google Scholar
• Lake, Robert W. (2015). The financialization of urban policy in the age of Obama. Journal of Urban Affairs, 37(1), 75–78.
   Web of Science ®Google Scholar
• Lees, Loretta. (2003). Super-gentrification: The case of Brooklyn heights, New York City. Urban Studies, 40(12), 2487–2509.
   Web of Science ®Google Scholar
• Lees, Loretta, Slater, Tom, & Wyly, Elvin. (2008). Gentrification. New York: Routledge.
   Google Scholar
• Levitin, Adam J., & Wachter, Susan M. (2011). Explaining the housing bubble. Georgetown Law Journal, 100, 1177.
   Web of Science ®Google Scholar
• Levitin, Adam J., & Wachter, Susan M. (2013). The commercial real estate bubble. Harvard Business Law Review, 3, 83–118.
   Google Scholar
• Logan, John R., & Molotch, Harvey. (2007). Urban fortunes: The political economy of place, 20th anniversary edition, with a new preface. Berkeley, CA: University of California Press.
   Google Scholar
• Marcuse, P. (1999). Housing movements in the USA. Housing, Theory and Society, 16(2), 67–86.
   Web of Science ®Google Scholar
• Moreno, Louis. (2014). The urban process under financialised capitalism. City, 18(3), 244–268.
   Google Scholar
• New York State Homes and Community Renewal. (2015). Rent stabilization/ control. Retrieved from http://www.nyshcr.org/Rent/
   Google Scholar
• Newman, Kathe, & Wyly, Elvin K. (2006). The right to stay put, revisited: Gentrification and resistance to displacement in New York City. Urban Studies, 43(1), 23–57.
   Web of Science ®Google Scholar
• Pincus, Adam. (2010). Yardeni’s Stonehenge to raise $1B fund and sell several properties. Retrieved from https://therealdeal.com/2010/09/21/yardeni-s-stonehenge-to-raise-1b-fund-and-sell-several-properties/
   Google Scholar
• Podkul, Cezary. (2017). Many ‘rent-stabilized’ NYC apartments are not really…. text/html. Retrieved from https://www.propublica.org/article/rent-stabilized-nyc-apartments-preferential-rent-mapped-zip-code
   Google Scholar
• Porter, Michael. (2010). The rent gap at the metropolitan scale: New York City’s land-value valleys, 1990-2006. Urban Geography, 31(3), 385–405.
   Web of Science ®Google Scholar
• Preston, Dean. (2014). The speculator loophole: Ellis act evictions in San Francisco. Tenants Together and The Anti-Eviction Mapping Project. Retrieved from https://static1.squarespace.com/static/52b7d7a6e4b0b3e376ac8ea2/t/5b127473f950b792dfdb3c97/1527936162241/Speculator+Loophole+2014.pdf
   Google Scholar
• Rent Guidelines Board. (2015). Housing supply report, Retrieved from http://www.nycrgb.org/downloads/research/pdf_reports/15HSR.pdf
   Google Scholar
• Rockpoint Group, L.L.C. (2017). Strategy. Retrieved from https://www.rockpointgroup.com/company/
   Google Scholar
• Rosenman, Emily. (2018). Capital and conscience: Poverty management and the financialization of good intentions in the San Francisco Bay Area. Urban Geography, 1–24. doi:10.1080/02723638.2018.1557465
   Google Scholar
• Salins, Peter D. (1999). Reviving New York City’s housing market. In Michael H. Schill (Ed.), Housing and community development in New York City (pp. 53–72). Albany: State Uniersity of New York Press.
   Google Scholar
• Sigler, Thomas, & Wachsmuth, David. (2016). Transnational gentrification: Globalisation and neighbourhood change in Panama’s Casco Antiguo. Urban Studies, 53(4), 705–722.
   Web of Science ®Google Scholar
• Slater, Tom. (2017). Planetary rent gaps. Antipode, 49, 114–137.
   Web of Science ®Google Scholar
• Smith, Neil. (1979). Toward a theory of gentrification a back to the city movement by capital, not people. Journal of the American Planning Association, 45(4), 538–548.
   Web of Science ®Google Scholar
• Smith, Neil. (1982). Gentrification and uneven development. Economic Geography, 58(2), 139–155.
   Web of Science ®Google Scholar
• Smith, Neil. (1996). The new urban frontier: Gentrification and the Revanchist city. New York: Routledge.
   Google Scholar
• Smith, Neil, & DeFilippis, James. (1999). The reassertion of economics: 1990s gentrification in the lower east side. International Journal of Urban and Regional Research, 23(4), 638–653.
   Web of Science ®Google Scholar
• Smith, Neil, Duncan, Betsy, & Reid, Laura. (1989). From disinvestment to reinvestment: Tax arrears and turning points in the east village. Housing Studies, 4(4), 238–252.
   Google Scholar
• Sternlieb, George. (1966). The tenement landlord. New Brunswick, NJ: Rutgers State University.
   Google Scholar
• Sternlieb, George. (1972). The urban housing Dilemma. New York, NY: New York Housing and Development Administration.
   Google Scholar
• Stoler, Michael. (2007, July 5). Investors compare Manhattan buildings with T-bills. The New York Sun. Retrieved from  https://www.nysun.com/real-estate/investors-compare-manhattan-buildings-with-t-bills/57852/
   Google Scholar
• Sykora, Ludek. (1993). City in transition: The role of rent gaps in Prague’s revitalization. Tijdschrift voor economische en sociale geografie, 84(4), 281–293.
   Web of Science ®Google Scholar
• Teresa, Benjamin F. (2016). Managing fictitious capital: The legal geography of investment and political struggle in rental housing in New York City. Environment and Planning A: Economy and Space, 48(3), 465–484.
   Web of Science ®Google Scholar
• Wachsmuth, David, & Weisler, Alexander. (2018). Airbnb and the rent gap: Gentrification through the sharing economy. Environment and Planning A: Economy and Space, 50(6), 1147–1170.
   Web of Science ®Google Scholar
• Weber, Rachel. (2010). Selling city futures: The financialization of urban redevelopment policy. Economic Geography, 86(3), 251–274. doi:10.1111/ecge.2010.86.issue-3
   Web of Science ®Google Scholar
• Wyly, E K., Atia, Mona, Foxcroft, Holly, Hamme, D J., & Phillips‐Watts, Kelly. (2006). American home: Predatory mortgage capital and neighbourhood spaces of race and class exploitation in the United States. Geografiska Annaler: Series B, Human Geography, 88(1), 105–132.
   Web of Science ®Google Scholar