After the devastation of Hurricane Sandy in October 2012, New Yorkers not only had to rebuild their damaged homes, but they also faced a crisis of consumer confidence.
Even in areas that weren’t impacted by flooding and storm damage, the value of homes decreased, testimony to the wariness that future homebuyers had about the impact of forthcoming storms.Continue Reading
Rensselaer Department of Economics– The Department of Economics, in conjunction with the Center for Infrastructure, Transportation and the Environment (CITE) of the School of Engineering, is pleased to present a talk by Dr. Jeffrey P. Cohen, Associate Professor of Business, University of Connecticut, on Wednesday, April 26 at 2:30 pm in JEC 3117. Dr. Cohen’s talk is entitled, “Does a New Rail Rapid Transit Line Affect Various Commercial Property Prices Differently?”
In describing the UConn School of Business at this moment, 76 years into its accomplished history, the word “engaged” captures the essence. Our students, faculty and staff are engaged with each other, with our alumni, with the corporate community and with the University.
The School’s growth has been extraordinary, both in terms of enrollment and creating and maintaining vibrant, effective and relevant academic programs. We are transforming the future—of our students, our state, our industries and our world. There is much to celebrate.
U.S. Economic Expert Shares Vast Knowledge With Our Graduate Students
Economist Cletus C. Coughlin, senior vice president and policy adviser to the president of the Federal Reserve Bank of St. Louis, was a guest lecturer in the School of Business’ graduate program on Sept. 27.
Coughlin presented his knowledge on “The U.S. Economy: What’s Normal?” in Professor Jeffrey Cohen’s “FNCE 5533 – Real Estate Capital Markets” class at the Graduate Business Learning Center in Hartford.
In his 30 years at the Federal Reserve, Coughlin’s responsibilities have focused on advising senior officials on monetary policy, as well as on academic research on the topics of international trade, urban, regional, and real estate economics. He has been with the Federal Reserve since 1987.
Coughlin and Cohen have been collaborating on research for the past 15 years, having published on a wide range of topics, including property taxation, airport infrastructure issues, housing price impacts of airport noise, and the boom and bust of U.S. housing prices.
Most recently, they co-authored an article with a third researcher on foreclosures, which was published in September 2016 in the Federal Reserve Bank of St. Louis Review. Read their article here.
Real Estate Professor Jeffrey Cohen Eager to Study Impact of New Transit System on Central Connecticut
Will the state’s new bus rapid-transit system – CTfastrak – which has already carried 4 million riders since its inaugural trip in March 2015, also spur growth in housing, restaurants, and other businesses along its route in central Connecticut? Continue Reading
UConn Center for Real Estate 50th Anniversary Academic Symposium
In celebration of the 50th anniversary of the Center for Real Estate and Urban Economics Studies, the Center hosted an international academic symposium. Attendees included research professors from countries such as the United Kingdom, Singapore, The Netherlands and Italy as well as top academics from across the United States.
The event held from March 26 through March 28 drew the submission of nearly 60 papers, from which 14 were presented. The process was very competitive, which was evident in the conference through spirited research and lively and engaging debate.
The Center would like to thank C.F. Sirmans and Dean Gatzlaff of Florida State University, and David Ling and Wayne Archer of the University of Florida for paving the way and allowing the Center to step in and hold the conference that would annually take place within their institutions. This group also promoted the conference and ensured the successful attendance. We also thank the UConn Center symposium committee of John Clapp, Jeff Cohen, John Glascock and Steve Ross. A special thanks and appreciation to John Harding for direction and guidance through out the symposium planning.
Hartford Courant – A new report from Connecticut Realtors shows that the promise early in 2014 for a third year of gains in home sales fizzled by the end of the year. “They are being cautious and more conservative before they make a big purchase like a home,” said Jeffrey P. Cohen, associate professor of real estate and finance at the University of Connecticut’s Center for Real Estate in Storrs.