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

… stories of New Yorkers under the age of 35 whove managed to buy their own apartments the backstory usually involves an … until very recently While monthly mortgage and building costs often arent much different than what youd be paying in rent theres unfortunately no getting …

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?

… than snapping up some stocks or stashing cash in an index fund and it can take a number of years before … youre looking for the better bet may be something like index funds which according to the finance website The …

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

… way here as it does elsewhere in the country The reason is manifold Coops and condos here are expensive and often … 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
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 … whos now on the hunt for an apartment to buy While we await how her hunt plays out lets revisit the adventures of … rate I was prudent about renovation too Ill get back all my investment but where do I buy Prices elsewhere in the city …

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