RECOMMENDED IN RENT
RECOMMENDED IN BUY
RECOMMENDED IN SELL
RECOMMENDED IN IMPROVE
80/20
What exactly is the 'AMI' that's used to determine affordable housing rents?
… If youve ever entered New York Citys affordable housing lottery youve probably read one key term … or AMI defines the median incomes for households of different sizes within a certain geography The Department of … which critics say artificially inflates AMI and as a result rentstabilized rents The AMI for a single person in NYC is …
Ask Sam: How long can I live in my 80/20 apartment?
… percent of the apartments in their building for lowincome renters There are different types of abatements One is 421a … important to hang onto copies of all your leases and get things in writing Write a letter to your landlord and … the abatement expires Abatements usually last from 10 to 35 years or so Himmelstein says So if you move in right at …
2017 real estate forecast: The Trump effect, concessions-mania, Bronx hype, the battle for the BQX, and more
… 2016 was a wild ride to put it gently And lets rip this BandAid now 2017 isnt … says Miller There will be more activity but a moderate or flat direction of pricing Its normalizing This means that … … In what seems to be a neverending game of chicken between landlords and the citys beleaguered renters concessions were …
Here's how incomes—and rents—are REALLY calculated in NYC's affordable housing
… for a spot in one of the citys rare affordable 8020 rentals often when you look into a buildings income requirements and rents theres an inevitable followup question Who can really … $2024month for residents making between $70732 and $82550 a year Even when the income ranges are relatively high …
