6 reasons why your mortgage application might be denied or delayed that have nothing to do with you

… Even if you are a wellqualified New York City buyer with good credit … you to back out of a deal without penalty if your mortgage doesnt come through and waiving this can be risky Your … guidelines Cohn said   The bank is typically looking at how many units are subject to a lease Feldman said He …

By Brick Underground |November 11, 2025 - 4:00PM
What repairs are co-op and condo owners responsible for, and what do buildings take care of?

… Answers to these questions depend on whether you own in a coop or a condo building When you buy a condo you own the … pointed out there are a couple of exceptions The first Electrical wires in your walls You might not be able to …

By Brick Underground |August 26, 2025 - 9:30AM
Buy a co-op at a discount: All about HDFCs and how to get one

… Affordable housing in New York City typically refers to … housing coops essentially coops for people who earn lower incomes In NYC at least 1100 buildings are limitedequity … most people who would qualify for an HDFC under the income requirements do not have $250000 for example lying around …

By Evelyn Battaglia |August 11, 2025 - 10:30AM
Here are 8 real co-op board reference letters from successful buyers

… Buying a  New York City coop is a lot like applying for a job Not only do you have to …

By Brick Underground |August 1, 2025 - 9:30AM
The pros and cons of buying a co-op sponsor unit: You don't need board approval, but you'll likely pay a premium

… If youre looking to buy a coop in New York City the term sponsor unit may … for many buyers Most coop buildings were converted from rental buildings in the 1970s and 1980s Existing tenants had … down payment of only 10 percent when buying a sponsor coop However you may face higher closing costs  because buyers …

By Celia Young |July 24, 2025 - 11:30AM
Why I returned to NYC from Miami: ‘Constant heat, humidity, and sunshine is not my jam’

… Robert Pullen bounced back and forth to New York City over the years He moved to Miami just before the pandemic but all that sunshine was not for him After four years he headed back landing … walk it every day to get to Equinox in Hudson Yards And the best barber Rudy at Chelsea Garden Barbers hes an icon I …

By Kelly Kreth |June 6, 2025 - 9:30AM