Where does new construction happen? Examining the relationships between new development and land use regulations, physical site constraints, and ownership in New York City - NEW YORK, NY
Master’s Thesis - NYU Wagner Graduate School of Public Service
ABSTRACT: Cities continually remake themselves through addition and subtraction. As buildings are torn down and new ones constructed, landlords, real estate developers, and public institutions are constantly changing the cityscape to achieve public and private land use goals. Economic, physical, and policy forces dictate what gets built and what varies block to block and understanding these forces is fundamental to both the planners that regulate land use and the private parties impacted by those regulations. In an attempt to understand these forces, this paper employs a linear probability model to predict the likelihood that a parcel of land in New York City will develop based on land use regulations, physical site constraints, and ownership structure.
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