How can a millennial without a trust fund afford to buy in NYC?

… While one does occasionally hear stories of New Yorkers under the age of 35 whove managed to buy their … simply isnt in the cards And with the median salary of a New York State millennial clocking in at $25000 per 2016 … percent down With condos as long as you have a commitment letter from the bank they dont look that much at the down …

By Virginia K. Smith |August 31, 2017 - 8:53AM
In defense of renters: Why buying isn't always the right decision

… that nearly twothirds of New Yorkers City residents are renters the American Dream trajectory just doesnt work the … from coops and condo boards turn off and disqualify many buyers plus theres just a lot more rental housing stock … building and taxes For condos the numbers are usually somewhat lower are called common charges and dont include taxes …

By Lucy Cohen Blatter |August 28, 2017 - 12:15PM
Real-life buyers on the mistakes they made and what they learned from buying in NYC for the first time

… and learn But in New York City you could easily tweak it to buy and learn Purchasing property here is an expensive … We have been the victim of a lot of doityourself home improvements from nonexperts and we have spent the last year … records Find out when everything has been replaced Find out how old the boilers are Ive had such a disaster with my …

By Lucy Cohen Blatter |April 6, 2017 - 8:59AM