NYC Department of Housing Preservation and Development (HPD) will host a panel discussion focused on the Speculation Watch List, which was published as open data in November 2018. The Speculation Watch List identifies recently sold rent-regulated multifamily buildings that may be involved in predatory real estate transactions. The list measures the potential for speculation by computing a property’s capitalization rate. HPD places properties sold with capitalization rates below their borough’s median on the Speculation Watch List. The list can be used as a resource to support tenant advocacy and organizing.
Join HPD’s Director of Policy Development and Special Initiatives, Sean Capperis and Senior Analyst on the Business Intelligence + Data Innovation team, Serena McIntosh for an interactive discussion of the history of the Speculation Watch List, the metrics used to select properties for the list, and best practices on utilizing the list. Afterwards, HPD will be joined by Prachee Sinha from Impacct Brooklyn and Elise Goldin from St. Nick’s Alliance for a panel discussion on how they employ the Speculation Watch List and how it has informed their organizing work on the ground.