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

… knock anyone whos getting helpwould  you  say no if your parents offered tens of thousands of dollars for a down … have less than $1000 socked away in savings Thats the differential between the renter and the buyer the down payment says Miller Samuel …

By Virginia K. Smith |August 31, 2017 - 8:53AM
How long do you have to own in NYC for your investment to be worth it?

… out in order to buy it In the New York Times buy versus rent calculator one of the first questions is how long you … on top of the usual fluctuations over the years the citys housing market is also wildly variable by neighborhood … Buyers Week … investing … How long do you have to own in NYC for your investment to be worth it …

By Virginia K. Smith |August 29, 2017 - 1:00PM
In defense of renters: Why buying isn't always the right decision

… Many of us have it ingrained in our minds that true adulting … only be achieved when you actually  own your home and tharenting should just be a temporary thinga brief detour on the way to …

By Lucy Cohen Blatter |August 28, 2017 - 12:15PM
Thinking your first home purchase should be outside the city? You're not alone (but read this first)

… turned off by the onerous process of buying an apartment in NYC the coop rules the strict financials the stretching of … choose to abandon their city buying plans continue renting here and buying outside the city instead The upsides … former dairy farm in the Catskills for $260000 while still renting a 700square foot apartment in for himself and his …

By Lucy Cohen Blatter |April 7, 2017 - 9:59AM
What can I afford? After a stint in the suburbs, a buyer contemplates NYC pied-à-terres

… to a smaller house in the burbs purchasing a piedàterre in NYC and dividing his time between the two places  For his … opportunity and may want to resell for a profit or rent it out in the future He adds that hes comfortable with … to $12 million in liquid assets after the sale of his current home  Regular monthly expenses $13000 to $14000 this …

By Alanna Schubach |April 6, 2017 - 3:59PM
Any regrets? A check-in with a first-time buyer who chronicled her agonizing apartment-hunt for Brick

… Buying an apartment in NYC can be so complex an endeavor that until you do … its hard to even imagine all the little blips that can come up Yesterday we launched a new column Rookie Buyer … up I bought low and got a great interest rate I was prudent about renovation too Ill get back all my investment but …

By Lucy Cohen Blatter |April 6, 2017 - 12:59PM