The Real Deal New York

Numbers to Know: foreclosures, tourists, the G train … and more

February 28, 2013 03:30PM
By Hayley Kaplan

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Inset: Mayor Michael Bloomberg

“Numbers to know” is a weekly web feature that catalogues the most notable, quirky and surprising real estate statistics. Foreclosures’ effect on crime, Bloomberg’s fight to bring more tourists to NYC and the G train’s saga. See this week’s countdown after the jump.

$2.37 billion
Increase in New York State’s revenue for the 2012 fiscal year — a 1.8 percent rise over the previous year, for a total of $135.11 billion [Assembly Speaker Sheldon Silver’s office]

55 million
Tourists Mayor Michael Bloomberg strives to attract to New York City by 2015, which will mean $70 billion for the economy [Mayor Bloomberg’s press office]

$10 million
Emergency financial assistance spent to help small businesses affected by Hurricane Sandy [Mayor Michael Bloomberg’s press office]

437,000
Newly built, single-family homes that sold nationwide in January — a 15.6 percent increase from December 2012 [NAHB]

61,000
Foreclosures completed nationwide in January — a 17.8 percent decrease from the previous January, when there were 75,000 foreclosures [CoreLogic]

42
The East River pier that will open for the first time on May 4, after funds were secured for its redevelopment in 2011 [Sen. Daniel Squadron’s Office]

25
Pages in a 2009 report outlining the problems with the F train, which underwent a full line review similar to the one the Metropolitan Transit Authority will now commence on the G train [Sen. Squadron’s Office]

3
Insurers New York State is investigating for unacceptable claims practices following Hurricane Sandy [Governor Andrew Cuomo’s Office]

0.7 percent
Increase in total crime that New York neighborhoods experience for each property that receives a foreclosure notice [Furman Center for Real Estate & Urban Policy]

0
Cost to property owners and design professionals for consultations on Hurricane Sandy-affected buildings under a new program [New York Department of Buildings]

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