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

… the biggest obstacle standing between most millennials and home ownership And it bears out Since 2004 alone home … options here There are also plenty of options out there for negotiating a lower down payment especially as the citys … buildings that are more amenable to accepting this model of financing though youll still face some pushback and  as weve …

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?

… their cash And in large part its true Our market has a history of trending upwards and tends to be less volatile … to resell than a walkup ultimately an apartment purchase is about far more than maxing out your potential investment Its …

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 can only be achieved when you actually  own your home and tharenting should just be a temporary thinga brief detour on … called postclosing liquidity and most boards will want to see that you have at least two years worth of …

By Lucy Cohen Blatter |August 28, 2017 - 12:15PM
Looking for an under-$400K apartment? Believe it or not, we've found some in every borough

… Ready to stop renting but dont know how youll ever manage to … in a fullservice coop building with a fulltime doorman a livein super laundry room storage bike room and a landscaped … Avenue $340000 plus $521month maintenance FOREST HILLS QUEENS A onebedroom onebath with central heat and …

By Leah Hochbaum Rosner |April 6, 2017 - 9:59AM
Real-life buyers on the mistakes they made and what they learned from buying in NYC for the first time

As the adage goes Live and learn But in New York City you could … terms of noise and prior noise complaints Liza Kew Gardens Queens Ask other residents what they like and dislike about …

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