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NYC Department of Housing Preservation & Development
Press Room

FOR IMMEDIATE RELEASE

July 19, 2000

Press Contacts: Carol Abrams (212) 863-5176
Zane Berzins (Baruch) (212) 802-2881

HPD Announces Joint Education Venture with Baruch College

New York City Department of Housing Preservation and Development (HPD) Commissioner Richard T. Roberts today announced an educational partnership with Baruch College's Steven L. Newman Real Estate Institute and the college's Division of Continuing Studies that provides opportunities for employees of the City's housing agency to enhance their job skills. Through the "HPD Learning Center" program, employees can earn a certificate degree in real estate or enroll in individual courses covering a range of topics.

A limited number of full scholarships will be available to employees who enroll in the certificate program, with free individual classes available to employees who are recommended by their supervisors. Those not selected for the scholarships will be offered a 50 percent discount on the tuition by Baruch. The certificate program and the individual classes are also available to the general public.

"This is an excellent opportunity for us to work with one of the City's top colleges in developing the skill set of HPD employees," said Commissioner Roberts. "The HPD Learning Center will help us create more knowledgeable employees who can help HPD to continue to meet its goal of providing affordable, quality housing for all New Yorkers."

The real estate certificate program focuses on practical knowledge of professional real estate practices, with an emphasis on real estate finance. Employees who enroll in the program must complete 16 courses, including nine required courses and seven electives. As a result of HPD and Baruch's collaboration, Baruch is planning to offer a second certificate program on real estate finance and practices for individuals involved in government, community development groups and not-for-profit organizations.

"The Steven L. Newman Institute is pleased to collaborate with the HPD on this important new educational initiative," said Henry Wollman, director of the Newman Institute. " We are confident that Baruch's real estate programs will contribute to the professional development of HPD staff and provide them with a sophisticated understanding of the complexities of the New York housing market."

Baruch also offers individual courses in "Real Estate Development;" "Introduction to Real Estate Financial Analysis and Capital markets;" "Real Estate and the Internet;" and "Economics of Owner and Rental Housing." In addition to the courses offered by Baruch, HPD also sponsors a variety of individual courses available free of charge, including "Building High Performance Teams;" "Effective Writing and Written Communication;" "Technical Report Writing;" and "Communicating Across Cultures."

HPD is the nation's largest municipal housing preservation and development agency. A major responsibility of the agency is to encourage the preservation of affordable housing through education, outreach, loan programs and enforcement of housing quality standards.

Located in the historic Gramercy Park area of Manhattan, Baruch College has an enrollment of 15,000 students pursuing degrees in business, the liberal arts and public policy. In addition, the College's Division of Continuing Studies provides certificate programs and non-degree courses in a wide variety of fields to thousands of working professionals.




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