NYU Schack Institute of Real Estate
HUGH KELLY, Ph.D., CRE
Clinical Associate Professor of Real Estate
Hugh Kelly teaches graduate courses in real estate economics, market study, portfolio investment risk, and urban economic development.
He heads his own consulting practice, Hugh F. Kelly Real Estate Economics, which serves national and international real estate investment and services firms, governmental organizations, law firms, and not-for-profit agencies. Prior to establishing this consultancy, he was chief economist for Landauer Associates, where he worked for 22 years.
Kelly also serves as the president of the board of directors of the Brooklyn Catholic Charities’ Affordable Housing Development Corporation, which has manages 3,000 units of housing for low-income families, seniors, and special needs residents. Two new developments, with 175 additional units, are now being built.
He is a member of the Counselors of Real Estate and has been elected to serve as the international chairman of its leadership team beginning in 2014. He has spoken to virtually every major real estate organization in the United States, as well as to audiences in Canada, the U.K., France, the Netherlands, and Germany. The author of more than 250 articles in industry journals, Kelly recently published a paper on contemporary politics and economics titled “Judgment: Imagination, Creativity, and Delusion” in the philosophical journal Existenz. Other notable memberships include the National Association of Business Economists, the Urban Land Institute, the Homer Hoyt Advanced Studies Institute, and the American Philosophical Association.
Kelly earned his B.A. from Cathedral College (New York) and his Ph.D. at the University of Ulster (Belfast, Northern Ireland). His dissertation focused on "24-hour cities and commercial real estate investment performance."
Area of Expertise:
- Real Estate Economics
Recent Publications and Research: Hugh Kelly has been the featured speaker at numerous national conferences of real estate and related industry associations, as well as conferences on World Cities at the United Nations and Harvard University. He has published in both academic and real estate industry journals since 1983.