More Mitchell-Lamas on the Way? The Good, the Bad and the Possibly Problematic

… MitchellLama housing may just be the best bargain in New York City real estate The 60yearold affordable housing program lets middleincome dwellers rent or buy apartments for prices that would not be out of … to $100000 a year for a family of four would qualify to rent places for as little as $1900 to $2500 a month the …

By Leigh Kamping-Carder |February 11, 2014 - 12:59PM
Ask An Expert: I'm buying a NYC apartment. How much should I pay in attorneys' fees?

… How much should I pay for a real estate attorney Do the rates differ if I buy a coop versus a brand new condo Should it be flat rate or hourly Ive gotten wildly … nuance the individual should be able to negotiate either a fixed fee or at least a capped estimate Dean Roberts says …

By Leigh Kamping-Carder |February 11, 2014 - 9:59AM
Turn your apartment into a piggy bank without breaking the law

… variable interest payments Like a credit card once you pay down your balance on a HELOC you then have more money … The rates are tied to the prime rate or another rate index plus a margin that a bank takes which could be as high … for the remainder of the balance until paid off When you sell your place the HELOC is paid offmeaning you cant sell

By Polly Mosendz |February 4, 2014 - 2:32PM