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Can We Solve the Housing Crisis?
Checking in with CEO of Pattern for Progress
Pattern for Progress, a nonprofit think tank based in Newburgh, is celebrating its 60th year. We spoke with Adam Bosch, its president and CEO.
How did the organization begin?
When we were founded in 1965, the Hudson Valley was going through a lot: urban renewal in city centers, people moving from New York City to suburban areas, the beginning of the environmental movement and the seeds of innovation at places like IBM in Poughkeepsie. In addition, the U.S. Army was getting ready to sell Stewart Airbase into private hands. There was a need for an objective, independent research and planning organization.
Today, we're again in a period of rapid change. We have a housing crisis in affordability and availability. We have a new wave of technology in the form of AI and remote work, and we have generational investments being made in our downtowns, bringing small cities back to life. And the pandemic drove tens of thousands of residents into the region. Our job is to look at those things, measure them and try to explain their effects on our communities and regionwide.
What are you working on in 2025?
We're creating community-driven plans for the reuse of buildings or parcels that have been abandoned for decades. We can set up tax credits on parcels that make them more feasible to be redeveloped as housing, mixed-use or as new manufacturing centers. The idea is to create development in our downtowns that provides progress without displacement.
With housing, there's an indication that corporate actors are moving into the region. There's not a lot of data, but I'll give you my anecdotal evidence. At my house in Ulster County, I am getting two flyers per month from corporations offering to buy my house - all cash, sight unseen.
We're going to trace these LLPs and LLCs to their common corporate owners and be able to quantify the extent of corporate homeownership and how it's changed over the past decade. The governor has proposed that if a company owns 10 or more properties or has $50 million or more in assets, it shouldn't be allowed to bid on a home for the first 72 hours it's on the market. In places like Arizona, Nevada, or down to the Carolinas, there are entire neighborhoods owned by a single corporation that rents homes back to people. We want to understand the effect it has on access and the cost of homeownership.
What do you see as the most important issues facing the region?
Housing is No. 1. There's not even a close second. We do not have enough homes to sustain the population we have, and the cost of both homeownership and rent have outpaced our growth and wages by a lot. That means housing is gobbling up more and more take-home pay.
No. 2 would be workforce. We have awesome training facilities at Dutchess Community College, Orange Community College, Marist and SUNY New Paltz, but the data show our labor pool is getting ready to shrink by about 120,000 people in the next 15 years. It's the size of the workforce that's a concern in the near- and medium-term, along with what I call the "youth crunch." We have seen births - not birth rates - decline over the past two decades by about 25 percent to 35 percent in each of our counties. Dutchess is down by 25 percent. Putnam is down the most of any county. If you look at the population of infants, children and teens now and compare it to a decade ago, we have 40,000 fewer kids in the region.
After that, I would say community development in terms of: Are we able to attract and retain jobs to the region? Do they pay a living wage? The other two to mention are childcare businesses shrinking by 40 percent in 15 years and outdated water and sewer infrastructure.
The redevelopment of the former Downstate Correctional Facility in Fishkill and a transit-oriented development at the Beacon train station could add 1,600 housing units in and around Beacon. What does the community need to see from the developers?
When we did a report on the adaptiv...
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By Highlands CurrentChecking in with CEO of Pattern for Progress
Pattern for Progress, a nonprofit think tank based in Newburgh, is celebrating its 60th year. We spoke with Adam Bosch, its president and CEO.
How did the organization begin?
When we were founded in 1965, the Hudson Valley was going through a lot: urban renewal in city centers, people moving from New York City to suburban areas, the beginning of the environmental movement and the seeds of innovation at places like IBM in Poughkeepsie. In addition, the U.S. Army was getting ready to sell Stewart Airbase into private hands. There was a need for an objective, independent research and planning organization.
Today, we're again in a period of rapid change. We have a housing crisis in affordability and availability. We have a new wave of technology in the form of AI and remote work, and we have generational investments being made in our downtowns, bringing small cities back to life. And the pandemic drove tens of thousands of residents into the region. Our job is to look at those things, measure them and try to explain their effects on our communities and regionwide.
What are you working on in 2025?
We're creating community-driven plans for the reuse of buildings or parcels that have been abandoned for decades. We can set up tax credits on parcels that make them more feasible to be redeveloped as housing, mixed-use or as new manufacturing centers. The idea is to create development in our downtowns that provides progress without displacement.
With housing, there's an indication that corporate actors are moving into the region. There's not a lot of data, but I'll give you my anecdotal evidence. At my house in Ulster County, I am getting two flyers per month from corporations offering to buy my house - all cash, sight unseen.
We're going to trace these LLPs and LLCs to their common corporate owners and be able to quantify the extent of corporate homeownership and how it's changed over the past decade. The governor has proposed that if a company owns 10 or more properties or has $50 million or more in assets, it shouldn't be allowed to bid on a home for the first 72 hours it's on the market. In places like Arizona, Nevada, or down to the Carolinas, there are entire neighborhoods owned by a single corporation that rents homes back to people. We want to understand the effect it has on access and the cost of homeownership.
What do you see as the most important issues facing the region?
Housing is No. 1. There's not even a close second. We do not have enough homes to sustain the population we have, and the cost of both homeownership and rent have outpaced our growth and wages by a lot. That means housing is gobbling up more and more take-home pay.
No. 2 would be workforce. We have awesome training facilities at Dutchess Community College, Orange Community College, Marist and SUNY New Paltz, but the data show our labor pool is getting ready to shrink by about 120,000 people in the next 15 years. It's the size of the workforce that's a concern in the near- and medium-term, along with what I call the "youth crunch." We have seen births - not birth rates - decline over the past two decades by about 25 percent to 35 percent in each of our counties. Dutchess is down by 25 percent. Putnam is down the most of any county. If you look at the population of infants, children and teens now and compare it to a decade ago, we have 40,000 fewer kids in the region.
After that, I would say community development in terms of: Are we able to attract and retain jobs to the region? Do they pay a living wage? The other two to mention are childcare businesses shrinking by 40 percent in 15 years and outdated water and sewer infrastructure.
The redevelopment of the former Downstate Correctional Facility in Fishkill and a transit-oriented development at the Beacon train station could add 1,600 housing units in and around Beacon. What does the community need to see from the developers?
When we did a report on the adaptiv...