NYU Schack Institute of Real Estate

ROSEMARY SCANLON, B.A., M.A., Hon. LL.D.

Divisional Dean and Clinical Associate Professor

Rosemary Scanlon, one of the country’s leading experts in regional and urban economics, teaches real estate economics in the graduate real estate program. She is a consultant on urban and regional economics; a highly published author of economic studies; and a frequent guest speaker in Australia, Canada, Asia, and Europe.

Scanlon began her career in New York in 1969 as an economist for the Port Authority of New York and New Jersey, serving as its chief economist from 1983 to 1993. During her tenure as chief economist, she initiated a wide range of research programs on the economy, demography, economic impact analysis of capital investment projects, and economic development needs of New York City and its region. Publications included annual and semi-annual reports on the regional economy, and two major economic impact studies of the arts as an industry in New York City and the metropolitan region.

Thereafter, she served as New York State Deputy Comptroller (from 1993 to 1997) with the assignment to monitor the budget and economy of New York City and conduct performance audits of city agencies, including a financial review in 1996 of the MTA capital plan. During 1997-99, Scanlon was a visiting research fellow at the London School of Economics, where she was project director of the London-New York Economic Study, published by the Corporation of London in June 2000; and co-author of four reports on financing issues of the London Underground. She joined the Real Estate Institute in 2000.

Recent consulting assignments include construction costs affecting affordable housing in New York City; an assessment of the economic impact of the arts as an industry and of capital investment in the arts in New York City; an assessment of the economic development potential of proposed transportation projects in the New York area; the proposal to establish the economic research capacity for the new London (UK) government; and for the OECD in Paris, participation in advisory reviews on long-term economic and infrastructure strategies for Seoul, Korea and Melbourne, Australia.

Recent publications include: Assessing New York City’s Property Tax – Yet Again; Raise the Roof, Lower the Costs: Construction Costs and Housing Affordability in New York City; The Arts as an Industry: Their Impact on the Economies of New York City and New York State; Culture Builds New York: The Economic Impact of Capital Construction at New York City’s Cultural Institutions; Building for Growth: A Development Strategy for New York City’s Long Term Prosperity; co-author of At Capacity: The Need for More Rail Transit to the Manhattan CBD; co-chair of the Civic Alliance Economic Development Working Group Report on rebuilding the Downtown Manhattan economy, post September 11, 2001; and coordinator/editor of three studies on New York City’s electrical power needs for the New York Building Congress, in 2001, 2002, and 2006.

A native of Canada, Scanlon earned her undergraduate in economics from St. Francis Xavier University (Nova Scotia) and a graduate degree in economics from the University of New Brunswick. She is also a graduate of the Program for Management Development at the Harvard University Business School.