Rosemary Scanlon has been named divisional dean of the NYU Schack Institute of Real Estate, a division of the NYU School of Continuing and Professional Studies (NYU-SCPS). Scanlon, who has served as interim divisional dean since October 2011, will also remain a clinical associate professor of economics.
“In the six months in which she has served as interim divisional dean, and in the years she has been on the NYU Schack faculty, Rosemary has contributed greatly to the School and to the Institute,” said Dennis Di Lorenzo, vice dean and co-interim dean of NYU-SCPS. “We are fortunate to have an accomplished leader of Rosemary’s stature establishing priorities and setting the future direction of the NYU Schack Institute."
“Rosemary is beloved by students, faculty, staff, and alumni because of her dedication and commitment. She is also a highly-respected real estate professional,” said Bjorn Hanson, co-interim dean of NYU-SCPS and divisional dean of the Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management. “Rosemary inspires with her expertise, sincerity, enthusiasm, generosity, and commitment to excellence.”
Scanlon joined the NYU Schack Institute of Real Estate in 2000 and has played a key role in ensuring the quality and stature of the Institute with its master’s degrees in Real Estate, Real Estate Development, and Construction Management. In her role as divisional dean, she also oversees NYU-SCPS’s prestigious continuing education program of noncredit offerings in real estate.
“Our graduate programs fill an important role in the real estate community, here in the New York area, in the U.S., and in the global community,” said Scanlon. “I welcome the opportunity to pursue this mission on behalf of NYU Schack and our students.”
A noted expert and scholar in the areas of urban and regional economics, Scanlon was a visiting research fellow at the London School of Economics from 1997 to 1999, where she recommended the establishment of a chief economist function in the new London government. She served as project director of the London-New York Economic Study, published by the Corporation of London in June 2000. In addition, she co-authored four reports on financing issues of the London Underground.
“Having known Rosemary for more than 20 years, I believe that NYU Schack is fortunate to have someone of such a diverse background in both the public and private sectors as its dean,” said James D. Kuhn, president of Newmark & Company Real Estate, Inc. and chairman of the NYU Schack Institute of Real Estate advisory board. “She has been so valuable to the Institute in the past decade, and her value will only increase in the years to come.”
From 1993 to 1997, Scanlon served as New York State Deputy Comptroller, with the assignment of monitoring the budget and economy of New York City and conducting performance audits of City agencies, including a financial review in 1996 of the MTA capital plan. Prior to this, she was the chief economist for the Port Authority of New York & New Jersey, where 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 the surrounding region. Her publications during this period 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.
Scanlon’s more 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 municipal 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; and Building for Growth: A Development Strategy for New York City’s Long-Term Prosperity. She also is 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 four studies on New York City’s Electricity Needs for the New York Building Congress, the most recent in October 2011.
Scanlon earned her undergraduate and graduate degrees in economics in her native Canada, at St. Francis Xavier University and the University of New Brunswick, and also is a graduate of the Program for Management Development at the Harvard Business School. She was awarded an honorary doctorate from St. Francis Xavier University in Nova Scotia on May 1, 2011. She has been an invited speaker in Australia, Canada, China, France, Italy, Mexico, Spain, and the United Kingdom.
About the NYU Schack Institute of Real Estate
The NYU Schack Institute of Real Estate (scps.nyu.edu/schack) was founded in 1967, at the initiative of prominent real estate leaders who encouraged NYU to establish an academic center that provided an educational foundation for professionals within their industry. Today, NYU Schack is home to graduate degree and related graduate certificate programs—notably the M.S. in Real Estate, the M.S. in Construction Management, and the M.S. in Real Estate Development—which enroll almost 800 full- and part-time students from more than 30 countries and have nearly 2,500 alumni degree-holders around the globe. In addition, each year approximately 4,200 working professionals enroll in the Institute's professional certificate programs, noncredit courses, and licensure-related offerings in such areas as real estate finance, sales and brokerage, sustainable design, facilities management, and architecture and civil engineering. The Institute also houses the NYU REIT Center and the Center for the Sustainable Built Environment and hosts key industry events, including annual conferences on Real Estate Capital Markets and REITs. NYU Schack is one of several comprehensive academic divisions within the School of Continuing and Professional Studies (NYU-SCPS), the NYU home for study and applied research related to key knowledge-based industries where the New York region leads globally.
About the NYU School of Continuing and Professional Studies
Established in 1934, NYU-SCPS (scps.nyu.edu) is one of NYU’s several degree-granting schools and colleges, each with a unique academic profile. The reputation of NYU-SCPS arises from its place as the NYU home for study and applied research related to key knowledge-based industries where the New York region leads globally. This is manifest in the School’s diverse graduate, undergraduate, and continuing education programs in fields such as Real Estate and Construction Management; Hospitality, Tourism, and Sports Management; Global Affairs; Philanthropy and Fundraising; Graphic Communications Media, Publishing, and Digital Arts; Human Capital Management, Marketing, and Public Relations; with complementary strengths in the Liberal and Allied Arts; Translation and Interpreting; Management and Information Technology; and Finance and Taxation. More than 100 distinguished full-time faculty members collaborate with an exceptional cadre of practitioner/adjunct faculty and lecturers to create vibrant professional and academic networks that attract nearly 5,000 degree-seeking students from around the globe. In addition, the School fulfills the recurrent continuing higher education needs of local and professional communities, as evidenced by 55,000 annual enrollments in individual courses, specialized certificate programs, conferences, workshops, seminars, and public events. The School’s community is enriched by more than 25,000 degree-holding alumni worldwide, many of whom serve as mentors, guest speakers, and advisory board members.