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Working Papers

Option Value and Storefront Vacancy in New York City

Erica Moszkowski, Daniel Stackman • April 12, 2023

Why do storefronts remain empty for more than a year in some of the world’s highest-rent retail districts? Landlords with vacancies derive option value from two sources of…
Working Papers

The Census of Construction Industries Database

Mark Calabria • May 1, 1998

W98-1: The Census of Construction Industries (CCI) is conducted every five years as part of the quinquennial Economic Census. The Census of Construction Industries…