2017 real estate forecast: The Trump effect, concessions-mania, Bronx hype, the battle for the BQX, and more

… marketover the coming 12 months Photo kl801Flickr … For buyers and sellers its still a tale of two markets … Though … particularly true in developmentheavy areas like downtown Brooklyn Long Island City and the Hudson Yards area But … in 8020 buildings are based on a metric known as Area Median Income or AMI but often the AMI percentages set for

By Virginia K. Smith |January 2, 2017 - 11:55AM
Here's how incomes—and rents—are REALLY calculated in NYC's affordable housing

… followup question Who can really afford this affordable housing The question pops up often whether its over planned … year by the Department of Housing and Urban Development HUD For example the AMI for New York City in 2016 is $90600 … for taking on lowincome renters or offer up stabilized apartments to wealthier renters able to pay much higher …

By Virginia K. Smith |September 15, 2016 - 8:59AM