New Haven

Downtown New Haven - Residential Market Analysis

Downtown New Haven, Connecticut - Residential Market Analysis

Real Estate Economics & Market Analysis, Prof. Kevin Clark NYU Schack Institute of Real Estate, 2014 Spring

Downtown New Haven, F.Zhou

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Table of Contents Executive Summary ............................................................................................................... 3 1. Introduction ........................................................................................................................ 5 2. New Haven Metro Area Overview ................................................................................... 5

2.1 Physical Characteristics of New Haven, CT ............................................................................. 5 2.2 Overall Economy Performance of New Haven, CT ................................................................. 6 2.3 Neighborhoods and Surrounding Cities .................................................................................... 8 2.4 Location Analysis ................................................................................................................... 10 2.5 Quality of Life ........................................................................................................................ 14 2.6 Development Analysis ............................................................................................................ 19 2.7 Community Image .................................................................................................................. 22 2.8 Tax Burden ............................................................................................................................. 22 2.9 Public Policy for Economic Growth and Development .......................................................... 23

3. Focused Market Area, Downtown New Haven– Economic and Demographic Analysis...