Publications

On April 10th, 2025, UNHP hosted a virtual multifamily lenders meeting to share analysis collected over the past year on the data in the Building Indicator Project (BIP) database.  The meeting was attended by over 60 individuals representing 24 multifamily lenders. The Building Indicator Project is a database developed by UNHP to identify NYC multifamily properties in physical and/or financial distress. In its current form, BIP has aggregated more than a decade of data for all 70,000+ rental buildings in NYC, tracking more than 120 data points for each building. BIP employs a scoring system, developed in collaboration with financial institutions, advocates, property managers, and researchers, to identify buildings likely or highly likely to be in distress. The presentation offered demographic information on Bronx renters, an analysis of sales volume and prices in the NYC market, and the latest information from BIP on the level of physical and financial distress exhibited in multifamily housing.

The presentation also shared data from UNHP’s oversight of affordable multifamily housing in the Bronx, highlighting the increase in operating expenses and decrease in rent collections that impact the ability to provide well-maintained and financially stable housing.