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New York and the Subprime Mortgage Crisis
Organization: Museum of the City of New York
Location: Museum of the City of New York, 1220 Fifth Avenue at 104th Street
Date: Tuesday, April 1, 2008
Time: 6:30p
Contact Info: For reservations and program information, visit www.mcny.org or call (212) 534-1672, ext. 3395.
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With the city’s investment banks in despair and the economy threatening to go into a downward spiral, New York’s working-class neighborhoods have already been reeling from the impact of the subprime mortgage crisis. How far will the effects spread, and what are the long-term implications for homeowners and neighborhoods throughout the five boroughs? Join Gretchen Morgenson, business columnist at The New York Times, for an informative discussion about the present and future state of New York’s real estate market. She will be joined by Vicki Been, Director of the Furman Center for Real Estate and Urban Policy; Shaun Donovan, Commissioner of the NYC Department of Housing Preservation and Development; and Juan González, columnist, New York Daily News. Reservations required.
$9 for non-members of the Museum; $5 for members, seniors, and students.