Buy a co-op at a discount: All about HDFCs and how to get one

… Affordable housing in New York City typically refers to rentals but what are the options … route to home ownership is through limited equity housing coops essentially coops for people who earn lower incomes In … ranging in price from $85000 for a one bedroom in the Bronx to $185 million for a two bedroom on Riverside Drive …

By Evelyn Battaglia |August 11, 2025 - 10:30AM
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 … sale to mean that employment or credit issues down payment requirements or other common barriers can be modified to

By Celia Young |July 24, 2025 - 11:30AM
What’s a condop? What do I need to know about buying there?

… When you are hunting for an apartment in New York City you may come across a listing for a condop particularly if you are searching for sponsor coops A condop is probably … shared spaces including common hallways or laundry rooms What to know about buying or selling a condop in NYC …

By Evelyn Battaglia |May 6, 2025 - 10:30AM
How to buy a Hamptons hotel condo or co-op as an investment property

… ever thought about purchasing a summer place or investment property in the Hamptons and its environs but couldnt swing … as well as housekeeping and other hotel services A management company will rent the property on your behalf so … inhouse or outsourced management company handles the entire rental process meaning your work is complete once youve …

By Evelyn Battaglia |April 29, 2025 - 10:30AM
What is a community land trust? How does it help low-income buyers?

… Community Land Trust A CLT holds the land in trust for the community acting as a steward of the property This protects the property from speculative buyers … New Economy Project noted that Governor Kathy Hochuls 2026 executive budget proposal to establish a 75day pause for

By Jennifer White Karp |February 25, 2025 - 2:00PM