manhattan 1,585, $68, % 11.8% 94.2% 90.4% 26.9% 78 THE FURMAN CENTER FOR REAL ESTATE & URBAN POLICY

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1 manhattan 9 Rank ( ) Density (, persons per square mile) ( ),585, $68, Public and Subsidized Rental Units (% of rental units) 2.5% 2 Residential Units within /2 Mile of a Subway/Rail Entrance 54.5%.8% 94.2% 9.4% 26.9% Households in Manhattan in Each New York City Income Quintile (9) $$8,69 $8,69$39, % $39,479$65,966 $65,966$,942 $, % 4.9% 5.6% 8.% Despite a drop in housing prices in 9, Manhattan proved to have New York City s most resilient housing market throughout the real estate downturn. In, condominium prices leveled off and even rose from the trough in 9. Manhattan s sales volume has also begun to bounce back, after sharp drops in 9. Between 9 and, condominium sales volume increased four percent, though it was still little more than half the volume of 8. Although housing prices in Manhattan have weathered the real estate downturn relatively well, the number of new units authorized by building permits has plummeted, mirroring the citywide drop in new construction. From a peak of 9,735 in 8, the number of new units authorized by building permits in Manhattan dropped to 265 in, with an astounding out of 2 community districts in the borough receiving no permits for new residential construction. Three of these (Upper West Side, Morningside Heights/Hamilton and Washington Heights/Inwood) have not received any permits since 8. Notices of foreclosure were down by 5.9 percent throughout the city, but remained steady in Manhattan, decreasing only from 724 notices in 9 to 722 in. Manhattan led New York City in refinance loan originations, with the refinance rate up from 3.2 per, properties in 8 to 38. per, properties in Racial and Ethnic Composition of Manhattan versus New York City Manhattan in NYC in Manhattan in 9 NYC in 9 9. The shares of home purchase loans in Manhattan that were high cost and FHA/VA-backed were negligible at.7 percent and.5 percent respectively. Manhattan overtook Staten Island to become the borough with the highest median household income in 9. Of all the boroughs, Manhattan experienced the greatest growth in median household income between ($58,593) and 9 ($68,76). Manhattan is also the most income diverse of the boroughs; the income of households at the 8th percentile is 8.2 times the income of households at the th percentile. Despite the recent recession, the median monthly contract rent continues to rise in Manhattan, reaching $,243 in 9. Manhattan s residents, 75 percent of whom are renters, pay the highest rents in New York City, but they also spend the smallest percentage of their income on rent, due to their relatively high incomes. Manhattan is quite racially and ethnically diverse, but an increasing share of its residents are white. Just under half of Manhattan residents were white in (48.%), an increase of 2.2 percentage points from, while the share of black and residents all decreased during the same period. 78 THE FURMAN CENTER FOR REAL ESTATE & URBAN POLICY

2 : Stock Units Rental Vacancy Rate : Market Index of Price Appreciation (condominium) Index of Price Appreciation (5+ family building) Median Sales Price per Unit (condominium) Median Sales Price per Unit (5+ family building) (condominium) (5+ family building) : Finance High Cost Home Purchase Loans (% of home purchase loans) High Cost Refinance Loans (% of refinance loans) Notices of Foreclosure (all residential properties) Notices of Foreclosure Rate (per, 4 family properties) Properties that Entered REO : Quality and Crowding Code Violations, Serious (per, rental units) Code Violations, Total (per, rental units) : Demographics Density (, persons per square mile) Foreign-Born Percent Percent Percent Percent 65 and Older : Income, Education and Employment Public Transportation Rate Serious Crime Rate (per, residents) Adult Incarceration Rate (per, people aged 5 or older) : Health Asthma Hospitalizations (per, people) Elevated Blood Lead Levels (incidence per, children) Infant Mortality Rate (per, live births) Low Birth Weight Rate (per, live births). Infant Mortality Rate presented for 9 is an average rate for ( ) ( 9/ ) 798,44 847, % 3.4% 4.4% 3 2 5,3 4,793 5,39,78 4 4,98 9, % 23.7% 25.% $664,936 $,93,63 $,4,94 $,45,88 $8,7 $84,447 $43,639 $28,63 2,5 9,2 4,999 5, $,36 $, % 27.4% %.7% 5.%.5% %.7% %.9% 2.5% % 2.8% 4,537,95,585, % 28.% 27.% % 48.% % 2.9% % 25.4% %.2% % 2.9% 2.7% % 9.7% 9.4% 5 5 $58,593 $68,77 $68, % 6.9% 6.6% % 6.7% 9.7% % 6.8% 6.3% ,752,967,95.3% 45.% % 56.2% manhattan STATE OF NEW YORK CITY S HOUSING & NEIGHBORHOODS 79

3 Financial District MN Density (, persons per square mile) Public and Subsidized Rental Units (% of rental units) Residential Units within /2 Mile of a Subway/Rail Entrance 9 Rank , $, Racial and Ethnic Composition of MN versus New York City MN in NYC in MN in 9 NYC in 9 7.8%.5%.7% 97.% 99.%.% Households in MN in Each New York City Income Quintile (9) $$8,69 $8,69$39,479 $39,479$65,966 $65,966$,942 $, %.%.6% 7.7% Rental Vacancy Rate 2 Index of Price Appreciation (condominium) 3 Median Sales Price per Unit (condominium) 3 Notices of Foreclosure Rate (per, 4 family properties) Code Violations, Serious (per, rental units) Code Violations, Total (per, rental units) Foreign-Born 65 and Older Asthma Hospitalizations (per, people) Elevated Blood Lead Levels (incidence per, children) 4 47.% Modal Share of Transportation to Work MN Manhattan NYC % Public Transportation Bike Walk More workers in MN walk to work than workers in other areas of Manhattan, or in New York City as a whole. In 9, 32 percent of MN workers drove compared to 2 percent in Manhattan as a whole. Getting to Work in New York City Destination-Origin Ratio Locally Employed Residents Share: Percentage who live and work in the same neighborhood Locally Employed Resident Share: Percentage who work less than half a mile from their home City-Employed Residents Share MN has the fourth highest share of workers who both live and work within the same sub-borough area. Thirty percent of all employed residents who live in the neighborhood work there ( ) ( 9/ ) 8 9 ( ) ( 9/ ) 2.6% 4.8% % 29.3% 28.8% $798,48 $,8,2 $,35,956 $98, 4 6 4, $,96 $, % 25.6% %.3% 5 2.4%.%.8% %.8% % 23.2% 24.3% % 8.2% 4.% % 8.5%.3% % 8.8% 7.9% % 3.2% 7.6% % 66.7% % 77.3% Car % 4.9% 88.4%. Community districts MN and MN 2 both fall within sub-borough area. Data reported at the sub-borough area level for these CDs are identical. 2. The rental vacancy rate for 9 is an average rate for Ranked out of 7 community districts with the same predominant housing type (condominium). 4. Sample size is less than newly identified cases in at least one year presented. 8 THE FURMAN CENTER FOR REAL ESTATE & URBAN POLICY

4 8 Greenwich Village / Soho MN 2 Density (, persons per square mile) Public and Subsidized Rental Units (% of rental units) Residential Units within /2 Mile of a Subway/Rail Entrance 9 Rank , $, % Racial and Ethnic Composition of MN 2 versus New York City MN 2 in NYC in MN 2 in 9 NYC in 9.5% 46.7% 99.5% 99.9% 6.5% Households in MN 2 in Each New York City Income Quintile (9) $$8,69 $8,69$39,479 $39,479$65,966 $65,966$,942 $, %.%.6% 7.7% 47.% Rental Vacancy Rate 2 Index of Price Appreciation (condominium) 3 Median Sales Price per Unit (condominium) 3 Notices of Foreclosure Rate (per, 4 family properties) Code Violations, Serious (per, rental units) Code Violations, Total (per, rental units) Foreign-Born 65 and Older Asthma Hospitalizations (per, people) Elevated Blood Lead Levels (incidence per, children) 4 Index of Price Appreciation (2-4 family buildings), 974- BK 7 NYC MN 2 NYC 8 6 MN 2 NYC MN 2 had consistently higher rates of home purchase loans compared to the rest of the city until 9. Though it jumped sharply in 7, the the Refinance community Loan district s Rate (per rate, fell by properties) 62.8 percent between 5 and 9, MN 2 NYC while that of the city as a whole fell 6.4 percent during that period. MN 2 NYC Like those in the city as a whole, borrowers in MN 2 refinanced their mortgages at a much lower rate in 6 compared to 4. From 6 to 8, the refinancing rate in the community district rose slightly, while that in the city as a whole continued to decline. The rate in MN 2 rose by 52.7 percent in 9 while rising by 7. percent in the city as a whole. Rank Rank 7 8 ( ) ( 9/ ) 8 9 ( ) ( 9/ ) 2.6% 4.8% % 29.3% 28.8% $89,867 $,672,794 $,9,32 $,94, $,96 $, % 25.6% %.3% %.4%.2% %.8% % 23.2% 24.3% % 8.2% 4.% % 8.5%.3% % 8.8% 7.9% % 3.2% 7.6% % 66.7% % 77.3% manhattan: community district profiles. Community districts MN and MN 2 both fall within sub-borough area. Data reported at the sub-borough area level for these CDs are identical. 2. The rental vacancy rate for 9 is an average rate for Ranked out of 7 community districts with the same predominant housing type (condominium). 4. Sample size is less than newly identified cases in at least one year presented. STATE OF NEW YORK CITY S HOUSING & NEIGHBORHOODS 8

5 Lower East Side / Chinatown MN 3 9 Rank Density (, persons per square mile) Public and Subsidized Rental Units (% of rental units) Residential Units within /2 Mile of a Subway/Rail Entrance 62, $4, % 37.9%.3% 99.6% 77.3% 22.5% Households in MN 3 in Each New York City Income Quintile (9) $$8,69 $8,69$39, % $39,479$65, % 9.7% $65,966$, % $,942+ Racial and Ethnic Composition of MN 3 versus New York City MN 3 in NYC in MN 3 in 9 NYC in 9 Rental Vacancy Rate Index of Price Appreciation (5+ family building) 2 Median Sales Price per Unit (5+ family building) 2 Notices of Foreclosure Rate (per, 4 family properties) Code Violations, Serious (per, rental units) Code Violations, Total (per, rental units) Foreign-Born 65 and Older Asthma Hospitalizations (per, people) Elevated Blood Lead Levels (incidence per, children) 3 5.3% Public and Subsidized Rental Units Bowery Allen St St Mark s Pl Av Delancey St E 4 St E Houston St In MN 3, 35 percent of all rental units were subsidized. Of these, 69.9 percent were units in NYCHA buildings. Each dot represents a subsidized rental property. 7 8 ( ) ( 9/ ) 8 9 ( ) ( 9/ ) 2.% 2.% % 4.% 3.4% $8, $29,988 $94,548 $83, $73 $ %.6% %.% %.9%.5% % 3.6% 22.3% 35.2% 36.5% % 7.% 9.2% % 6.% 4.% % 27.7% 25.9% %.% 9.3% %.7% % 6.6% F D R Dr. The rental vacancy rate for 9 is an average rate for Ranked out of 5 community districts with the same predominant housing type (5+ family building). 3. Sample size is less than newly identified cases in at least one year presented. 82 THE FURMAN CENTER FOR REAL ESTATE & URBAN POLICY

6 Clinton / Chelsea MN 4 9 Rank Density (, persons per square mile) Public and Subsidized Rental Units (% of rental units) Residential Units within /2 Mile of a Subway/Rail Entrance 47,472.8 $8, %.9% 3.% 75.2% 9.% 8.% Households in MN 4 in Each New York City Income Quintile (9) $$8,69 $8,69$39,479 $39,479$65, % $65,966$,942 $, % 3.4% 4.2% Racial and Ethnic Composition of MN 4 versus New York City MN 4 in NYC in MN 4 in 9 NYC in 9 Rental Vacancy Rate 2 Index of Price Appreciation (condominium) 3 Median Sales Price per Unit (condominium) 3 Notices of Foreclosure Rate (per, 4 family properties) Code Violations, Serious (per, rental units) Code Violations, Total (per, rental units) Foreign-Born 65 and Older Asthma Hospitalizations (per, people) Elevated Blood Lead Levels (incidence per, children) % Modal Share of Transportation to Work MN 4 Manhattan NYC % Public Transportation Bike Walk More workers in MN walk to work than workers in other areas of Manhattan, or in New York City as a whole. In 9, 34.6 percent of workers walked to work compared to 23.2 percent in Manhattan as a whole. Getting to Work in New York City Destination-Origin Ratio Locally Employed Residents Share: Percentage who live and work in the same neighborhood Locally Employed Resident Share: Percentage who work less than half a mile from their home City-Employed Residents Share Fifty percent of all employed residents who live in the neighborhood work there ( ) ( 9/ ) 8 9 ( ) ( 9/ ) 3.7% 3.9% % 24.2% 25.% $829,852 $,2,665 $,4,9 $,9, , $,488 $, % 25.8% %.% %.4%.% % 3.6% % 22.6% 25.9% % 8.% 8.7% % 9.9%.7% % 4.2% 2.7% % 6.8% 9.5% % 66.7% % 77.3% Car % 7.% 88.2% manhattan: community district profiles. Community districts MN 4 and MN 5 both fall within sub-borough area 3 Data reported at the sub-borough area level for these CDs are identical. 2. The rental vacancy rate for 9 is an average rate for Ranked out of 7 community districts with the same predominant housing type (condominium). 4. Sample size is less than newly identified cases in at least one year presented. STATE OF NEW YORK CITY S HOUSING & NEIGHBORHOODS 83

7 9 6 Midtown MN 5 (Condominium), Rank Index of Price Appreciation (Condominium), 974- MN 5 NYC 47,472 Density (, persons per square mile) $8, Modal Share of Transportation to Work Public and Subsidized Rental Units (% of rental units) 9.2% 22 MN Manhattan NYC % % 8.3% MN 5 has seen similar price trends in the market for condominiums as 95.4% 22 the rest of the city in recent years, despite having a notably high median Residential Units within /2 Mile of a Subway/Rail Entrance.% Home sales price Purchase of $.3 Loan million. Rate (per Prices, fell by properties) 6.2 percent in 9 in the BK 6 NYC.% 58 neighborhood Public Transportation compared to 2.8 Bike percent in the city Walk as a whole. Except Car in 6 9, prices in MN 5 rose in every year since including a Households in MN 5 in Each New York City Income Quintile (9).2 percent increase in. $$8,69 $8,69$39, % Sales Volume (Condominium), 974- $39,479$65, % $65,966$, % 3.4% 4.2% $, Racial and Ethnic Composition of MN 5 versus New York City BK 6 NYC MN 5 in NYC in MN 5 in 9 NYC in Sales volume for condominiums has fallen in recent years, with 577 units transacting in compared to,293 in 7. Rental Vacancy Rate 2 Index of Price Appreciation (condominium) 3 Median Sales Price per Unit (condominium) 3 Notices of Foreclosure Rate (per, 4 family properties) Code Violations, Serious (per, rental units) Code Violations, Total (per, rental units) Foreign-Born 65 and Older Asthma Hospitalizations (per, people) Elevated Blood Lead Levels (incidence per, children) ( ) ( 9/ ) 8 9 ( ) ( 9/ ) % 3.9% % 24.2% 25.% $65,2 $,448,2 $,27,38 $,298, , $,488 $, % 25.8% Refinance Loan Rate.% (per, properties).% 52 BK 6 NYC 3.%.%.% % 3.6% % 22.6% 25.9% % 8.% 8.7% % 9.9%.7% % 4.2% 2.7% % 6.8% 9.5% % 66.7% % 77.3% Community districts MN 4 and MN 5 both fall within sub-borough area 3 Data reported at the sub-borough area level for these CDs are identical. 2. The rental vacancy rate for 9 is an average rate for Ranked out of 7 community districts with the same predominant housing type (condominium) 4. Sample size is less than newly identified cases in at least one year presented 84 THE FURMAN CENTER FOR REAL ESTATE & URBAN POLICY

8 Stuyvesant Town / Turtle Bay MN 6 9 Rank Density (, persons per square mile) Public and Subsidized Rental Units (% of rental units) Residential Units within /2 Mile of a Subway/Rail Entrance 55, $98, % 48.2% 4.9% 98.% 83.9% 2.2% Households in MN 6 in Each New York City Income Quintile (9) $$8,69 $8,69$39,479 $39,479$65, % $65,966$,942 $, % 9.5% 5.5% Racial and Ethnic Composition of MN 6 versus New York City MN 6 in NYC in MN 6 in 9 NYC in 9 Rental Vacancy Rate Index of Price Appreciation (condominium) 2 Median Sales Price per Unit (condominium) 2 Notices of Foreclosure Rate (per, 4 family properties) Code Violations, Serious (per, rental units) Code Violations, Total (per, rental units) Foreign-Born 65 and Older Asthma Hospitalizations (per, people) Elevated Blood Lead Levels (incidence per, children) 3 43.% Modal Share of Transportation to Work MN 6 Manhattan NYC % Public Transportation Bike Walk Workers in MN 6 are more likely than workers in the city as a whole to walk to work. In 9, 39.4 percent of workers walked compared to.7 percent in the city as a whole. Getting to Work in New York City Destination-Origin Ratio Locally Employed Residents Share: Percentage who live and work in the same neighborhood Locally Employed Resident Share: Percentage who work less than half a mile from their home City-Employed Residents Share MN 6 has the fifth highest destination-origin ratio in New York City. For every employed resident of the neighborhood, more than three New York City residents come from other areas of the city to work in the neighborhood ( ) ( 9/ ) 8 9 ( ) ( 9/ ) 2.5% 3.4% % 3.9% 34.% $499,78 $929,64 $762,79 $88, , $,78 $, % 25.5% %.% %.5%.3% % 2.4% % 22.7% 2.% %.2%.6% % 4.6% 3.3% 7.9% 6.3% 6.9% % 4.4% 9.% % 66.7% % 77.3% Car % 3.4% 88.2% manhattan: community district profiles. The rental vacancy rate for 9 is an average rate for Ranked out of 7 community districts with the same predominant housing type (condominium). 3. Sample size is less than newly identified cases in at least one year presented. STATE OF NEW YORK CITY S HOUSING & NEIGHBORHOODS 85

9 6 6 2 Upper West Side MN 2 7 Density (, persons per square mile) Public and Subsidized Rental Units (% of rental units) Residential Units within /2 Mile of a Subway/Rail Entrance 9 Rank , $5, Racial and Ethnic Composition of MN 7 versus New York City MN 7 in NYC in MN 7 in 9 NYC in 9 9.% 58.7% 3.8%.% 97.5% 2.2% Households in MN 7 in Each New York City Income Quintile (9) $$8,69 $8,69$39,479 $39,479$65,966 $65,966$,942 $, %.7% 2.6% 6.8% 47.8% 9 38 Index of Price Appreciation (2-4 family buildings), 974- BK 7 NYC MN 7 NYC MN 7 NYC Home purchase loan rates followed the same overall trend in MN 7 as in city as a whole. Between 4 and 9, the rate fell by 6.9 percent in Refinance the community Loan district Rate (per and, 6.8 properties) percent in the city as a whole. MN 7 NYC MN 7 NYC Like the city as a whole, MN 7 saw refinancing rates decline sharply between 4 and 6. From 6 to 8, the community district experienced a slight increase in rates, while those of the city as a whole continued to decline. In 9, the rate in MN 7 rose by 25. percent while it rose by 7. percent in the city as a whole. Rental Vacancy Rate Index of Price Appreciation (condominium) 2 Median Sales Price per Unit (condominium) 2 Notices of Foreclosure Rate (per, 4 family properties) Code Violations, Serious (per, rental units) Code Violations, Total (per, rental units) Foreign-Born 65 and Older Asthma Hospitalizations (per, people) Elevated Blood Lead Levels (incidence per, children) Rank Rank 7 8 ( ) ( 9/ ) 8 9 ( ) ( 9/ ) 3.5% 3.6% % 32.4% 34.5% $742,389 $,226,649 $,67,678 $,6, ,76 964, $,433 $, % 23.6% %.% %.9%.7% %.4% % 2.8% 9.% % 7.9%.8% % 3.9% 3.9% 7 5.% 9.9% 8.8% % 4.4% 6.6% % 52.9% % 59.9% The rental vacancy rate for 9 is an average rate for Ranked out of 7 community districts with the same predominant housing type (condominium). 86 THE FURMAN CENTER FOR REAL ESTATE & URBAN POLICY

10 Upper East Side MN 8 9 Rank Density (, persons per square mile) Public and Subsidized Rental Units (% of rental units) Residential Units within /2 Mile of a Subway/Rail Entrance 234, $98, %.3%.2% 82.7% 76.8% 22.9% Households in MN 8 in Each New York City Income Quintile (9) $$8,69 $8,69$39,479 $39,479$65,966 $65,966$, % 8.7% 7.% 9.2% $,942+ Racial and Ethnic Composition of MN 8 versus New York City MN 8 in NYC in MN 8 in 9 NYC in 9 Rental Vacancy Rate Index of Price Appreciation (condominium) 2 Median Sales Price per Unit (condominium) 2 Notices of Foreclosure Rate (per, 4 family properties) Code Violations, Serious (per, rental units) Code Violations, Total (per, rental units) Foreign-Born 65 and Older Asthma Hospitalizations (per, people) Elevated Blood Lead Levels (incidence per, children) % Modal Share of Transportation to Work MN 8 Manhattan NYC % Public Transportation Bike Walk More workers in MN 8 walk to work than workers in New York City as a whole. In 9, 22. percent of workers walked to work compared to.7 percent in New York City as a whole. Getting to Work in New York City Destination-Origin Ratio Locally Employed Residents Share: Percentage who live and work in the same neighborhood Locally Employed Resident Share: Percentage who work less than half a mile from their home City-Employed Residents Share Only 5.5 percent of all employed residents who live in the neighborhood work there ( ) ( 9/ ) 8 9 ( ) ( 9/ ) 2.8% 5.2% % 35.8% 36.4% $87,4 $,33,795 $,72,993 $,35, $,76 $, % 26.% %.4% %.%.% %.9% % 23.% 8.% % 7.8% 8.8% % 6.5% 5.5% % 5.4% 5.9% % 3.% 6.3% % 66.7% % 77.3% Car % 8.6% 88.% manhattan: community district profiles. The rental vacancy rate for 9 is an average rate for Ranked out of 7 community districts with the same predominant housing type (condominium). 3. Sample size is less than newly identified cases in at least one year presented. STATE OF NEW YORK CITY S HOUSING & NEIGHBORHOODS 87

11 Morningside Heights / Hamilton MN 9 9 Rank Density (, persons per square mile) Public and Subsidized Rental Units (% of rental units) Residential Units within /2 Mile of a Subway/Rail Entrance 32, $38, % 64.5%.% 99.9% 99.5% 27.% Households in MN 9 in Each New York City Income Quintile (9) $$8,69 $8,69$39,479 $39,479$65, % 24.5% 8.9% $65,966$, % $,942+ Racial and Ethnic Composition of MN 9 versus New York City MN 9 in NYC in MN 9 in 9 NYC in 9 Rental Vacancy Rate Index of Price Appreciation (5+ family building) 2 Median Sales Price per Unit (5+ family building) 2 Notices of Foreclosure Rate (per, 4 family properties) Code Violations, Serious (per, rental units) Code Violations, Total (per, rental units) Foreign-Born 65 and Older Asthma Hospitalizations (per, people) Elevated Blood Lead Levels (incidence per, children) 3 9.% Modal Share of Transportation to Work MN 9 Manhattan NYC % Public Transportation Bike Walk Workers in MN 9 are more likely than workers in the city as a whole to take public transportation to work. In 9, 7.4 percent of MN 9 workers took public transportation compared to 57. percent in the city as a whole. Getting to Work in New York City Destination-Origin Ratio Locally Employed Residents Share: Percentage who live and work in the same neighborhood Locally Employed Resident Share: Percentage who work less than half a mile from their home City-Employed Residents Share MN 9 has the third highest share of workers that work outside of New York City of all the neighborhoods in Manhattan. In MN 9, 3.7 percent of workers do not work in the five boroughs ( ) ( 9/ ) 8 9 ( ) ( 9/ ) 4.3% 3.5% % 4.% 5.6% $46,824 $7,77 $89,252 $85, $97 $ % 3.% % 2.6% % 4.3% 6.2% % 2.8% 35.% 33.7% 33.9% % 27.6% 25.8% 45.%.6%.6% % 27.4% 25.3% % 5.3% 9.6% % 34.% % 44.8% Car % 4.7% 86.3%. The rental vacancy rate for 9 is an average rate for Ranked out of 5 community districts with the same predominant housing type (5+ family building). 3. Sample size is less than newly identified cases in at least one year presented. 88 THE FURMAN CENTER FOR REAL ESTATE & URBAN POLICY

12 Central Harlem MN 9 Rank Density (, persons per square mile) Public and Subsidized Rental Units (% of rental units) Residential Units within /2 Mile of a Subway/Rail Entrance 22, $3, % 55.3% 3.2% 97.2%.% 29.% Households in MN in Each New York City Income Quintile (9) $$8,69 $8,69$39, % $39,479$65, % $65,966$, % 4.4% 3.9% $,942+ Racial and Ethnic Composition of MN versus New York City MN in NYC in MN in 9 NYC in 9 Rental Vacancy Rate Index of Price Appreciation (5+ family building) 2 Median Sales Price per Unit (5+ family building) 2 Notices of Foreclosure Rate (per, 4 family properties) Code Violations, Serious (per, rental units) Code Violations, Total (per, rental units) Foreign-Born 65 and Older Asthma Hospitalizations (per, people) Elevated Blood Lead Levels (incidence per, children) Public and Subsidized Rental Units Central Park N Fredrick Douglass Blvd W 25 St Adam C Powell Blvd Lenox Av W 55 St W 45 St In MN, 47.2 percent of all rental units were subsidized. Of these,.7 percent were units in NYCHA buildings. Each dot represents a subsidized rental property. 7 8 ( ) ( 9/ ) 8 9 ( ) ( 9/ ) 8.% 5.% % 3.% 5.4% $44,798 $22,586 $,75 $98, $676 $ % 29.5% % 5.8% % 3.6% 5.4% % 3.% %.5%.8% % 3.6%.5% %.5%.% % 27.8% 27.% % 8.9% 3.% % 36.% % 44.6% Av manhattan: community district profiles. The rental vacancy rate for 9 is an average rate for Ranked out of 5 community districts with the same predominant housing type (5+ family building). STATE OF NEW YORK CITY S HOUSING & NEIGHBORHOODS 89

13 East Harlem MN 9 Rank Density (, persons per square mile) Public and Subsidized Rental Units (% of rental units) Residential Units within /2 Mile of a Subway/Rail Entrance 3, $27, % 34.%.8% 99.3% 9.% 4.4% Households in MN in Each New York City Income Quintile (9) $$8,69 $8,69$39, % $39,479$65, % $65,966$,942 $, % 4.8% Racial and Ethnic Composition of MN versus New York City MN in NYC in MN in 9 NYC in 9 Rental Vacancy Rate Index of Price Appreciation (5+ family building) 2 Median Sales Price per Unit (5+ family building) 2 Notices of Foreclosure Rate (per, 4 family properties) Code Violations, Serious (per, rental units) Code Violations, Total (per, rental units) Foreign-Born 65 and Older Asthma Hospitalizations (per, people) Elevated Blood Lead Levels (incidence per, children).% Modal Share of Transportation to Work MN Manhattan NYC % Public Transportation Bike Walk Workers in MN are more likely than workers in Manhattan as a whole to bike to work. In 9, 2.6 percent of workers biked to work compared to. percent in Manhattan as a whole. Getting to Work in New York City Destination-Origin Ratio Locally Employed Residents Share: Percentage who live and work in the same neighborhood Locally Employed Resident Share: Percentage who work less than half a mile from their home City-Employed Residents Share MN has the third highest share of workers that leave the neighborhood to work of all the community districts in Manhattan. In MN, 9. percent of all employees that live in the neighborhood work elsewhere ( ) ( 9/ ) 8 9 ( ) ( 9/ ) 3.5% 2.7% % 6.6% 7.9% $37,779 $59,68 $8,233 $82, $67 $ % 28.7% % 3.2% %.5% 3.3% % 4.8% 4 2.% 24.9% 22.7% % 36.%.% %.% 3.5% % 27.%.% 7 6.8% 2.9% 6.2% % 37.4% % 47.4% Car % 5.7% 86.7%. The rental vacancy rate for 9 is an average rate for Ranked out of 5 community districts with the same predominant housing type (5+ family building). 9 THE FURMAN CENTER FOR REAL ESTATE & URBAN POLICY

14 Washington Heights / Inwood MN 2 9 Rank Density (, persons per square mile) Public and Subsidized Rental Units (% of rental units) Residential Units within /2 Mile of a Subway/Rail Entrance 8, $37, % 89.5% 2.% 99.7% 99.7% 23.% Households in MN 2 in Each New York City Income Quintile (9) $$8,69 $8,69$39,479 $39,479$65, % 24.7% $65,966$,942 $, % 7.% Racial and Ethnic Composition of MN 2 versus New York City MN 2 in NYC in MN 2 in 9 NYC in 9 Rental Vacancy Rate Index of Price Appreciation (5+ family building) 2 Median Sales Price per Unit (5+ family building) 2 Notices of Foreclosure Rate (per, 4 family properties) Code Violations, Serious (per, rental units) Code Violations, Total (per, rental units) Foreign-Born 65 and Older Asthma Hospitalizations (per, people) Elevated Blood Lead Levels (incidence per, children) 3. % Public and Subsidized Rental Units W 55 St W 68 St Ft Washington Av Broadway W 8 St Dyckman St Amsterdam Av W 28 St In MN 2, 6. percent of all rental units were subsidized. Of these, 54.7 percent were units in NYCHA buildings. Each dot represents a subsidized rental property. 7 8 ( ) ( 9/ ) 8 9 ( ) ( 9/ ) 2.4%.5% % 8.6%.6% $46,3 $6,457 $77,974 $99, $842 $ % 32.7% %.2% % 7.3% 8.% % 4.% % 49.% 46.6% %.5% 28.% % 2.5%.9% % 24.2% 25.9% %.9% 5.8% % 29.5% % 43.% manhattan: community district profiles. The rental vacancy rate for 9 is an average rate for Ranked out of 5 community districts with the same predominant housing type (5+ family building) STATE OF NEW YORK CITY S HOUSING & NEIGHBORHOODS 9

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