Stijn Van Nieuwerburgh
- Earle W. Kazis and Benjamin Schore Professor of Real Estate
- Finance Division
- Earle W. Kazis and Benjamin Schore Professor of Real Estate
- Paul Milstein Center for Real Estate
- Co-Director
- Paul Milstein Center for Real Estate
- Areas of Expertise
- Real Estate
- Contact
- Office: 796 Kravis
- E-mail: [email protected]
Stijn Van Nieuwerburgh is the Earle W. Kazis and Benjamin Schore Professor of Real Estate and Professor of Finance at Columbia University’s Graduate School of Business, which he joined in July 2018 after 15 years at New York University’s Stern School of Business. He earned his PhD in Economics (2003), MSc in Financial Mathematics (2001), and MA in Economics (2001) from Stanford University, and a B.A. in Economics from the University of Ghent, Belgium (1998).
His research lies in the intersection of real estate, asset pricing, and macroeconomics. He studies the impact of remote work on real estate valuations, affordable housing policies, mortgage market design, the impact of foreign buyers on the housing market, property price dynamics, and mortgage choice. Another recent strand of his research focuses on government debt and fiscal policy. His has published over 50 articles in peer-reviewed journals and his work is frequently covered in the media, including on 60 Minutes, the New York Times, the Wall Street Journal, the Economist, and the Financial Times.
In 2016, Van Nieuwerburgh was awarded the 15th Edition of the Bernácer Prize for his research on the transmission of shocks in the housing market on the macro-economy and the prices of financial assets. In 2020, he won the TIAA Paul Samuelson Award for research on lifelong financial security for his work on combining life and health insurance. In 2024, he was awarded the inaugural Practice Prize from Columbia Business School for his work and advocacy on post-pandemic office markets and the urban doom loop.
Professor Van Nieuwerburgh served as the President of the American Real Estate and Urban Economics Association in 2022. He currently serves as a board member of the American Finance Association. He will serve as the President of the European Finance Association in 2027. He is a Faculty Research Associate at the National Bureau of Economic Research, at the Center for European Policy Research, and at the Asian Bureau for Finance and Economics Research. He was an Editor at the Review of Financial Studies from 2016 until 2020.
Outside academia, he serves on the board of directors of Moody’s Investor Services, Anchor Healthcare Properties, and the Belgian American Educational Foundation.
- Education
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Ph.D., Economics, 2003 Stanford University; M.Sc., Financial Mathematics, 2001 Stanford University; M.A., Economics, 2001 Stanford University; B.A., Economics, 1998 University of Gent, Belgium
- Joined CBS
- 2018
All Activities
Could Rent Guarantee Insurance Help Solve the Housing Crisis?
Housing and the Election: Key Issues the Candidates Shouldn’t Ignore
Safe Haven or the Next Bubble? New Research Suggests Treasuries Are Overvalued
How Empty Offices Are Ruining American Cities
Commercial Real Estate: How Empty Offices Spell Trouble for Landlords
5 Questions About Real Estate and Finance With Professor Stijn Van Nieuwerburgh
How Will Working From Home Impact Office Real Estate?
Real Estate Values and the Cities of Tomorrow
The Future of Work and Real Estate
Poverty Tax: Why Poorer Households Are More Likely to Lapse on Life Insurance During Recessions
Professor Stijn Van Nieuwerburgh Wins Inaugural CBS Practice Prize
The Making of Maverick
Stijn Van Nieuwerburgh Awarded Inaugural CBS Practice Prize
Reimagining the Future of New York City Real Estate
Capitalism XXL: A Conversation with Geert Noels
Reimagining the Future of Work
The Future of Work and Real Estate
How Remote Work Is Reshaping the Future of Real Estate
Becoming Data Fluent
How the Future of Work Will Shape the Cities of Tomorrow
How Will Remote Work Change the Real Estate Market?
New Research Shows Prevalence of Remote Work Spurred by COVID-19 Continues to Effect Residential and Commercial Real Estate Values
How Will Working From Home Impact Office Real Estate?
5 Questions About Real Estate and Finance With Professor Stijn Van Nieuwerburgh
5 Questions About Real Estate and Finance With Professor Stijn Van Nieuwerburgh
How Will Working From Home Impact Office Real Estate?
The Next Generation of Finance
A Different Way to Bail Out Firms
Faculty Interview Series: Stijn Van Nieuwerburgh
Welcome New Faculty
- Case ID
- 210303
The New York Times Building: Opportunity of a Lifetime?
In the grip of the COVID-19 pandemic, what risk factors need to be considered when bidding for an iconic piece of New York real estate that was already in distress before the virus hit?