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

… housing in New York City typically refers to rentals but what are the options for buyers One socalled budget route to home ownership is … Fund Corporations They have strict income caps for buyers are priced below the market rate and are an appealing …

By Evelyn Battaglia |August 11, 2025 - 10:30AM
Do I have to accept a limit for the sales price of my HDFC co-op?

… partial tax exemptionor in some cases a loan or a grantin exchange for keeping shareholder costs at a minimum To keep … owned the apartment for less than five years  Prospective buyers are also subject to income restrictions which require … HDFC coops affordable says Dean Roberts an attorney at the law firm Norris McLaughlin and head of its New York real …

By Celia Young |December 5, 2023 - 4:45PM
5 Manhattan one-bedroom co-ops with low monthly maintenance fees

… If youre looking to buy a Manhattan coop without breaking the bank finding a … on buildings with fewer amenities and larger buildings where there are more shareholders to shoulder the cost of capital improvements Another way is to search for HDFC coops which …

By Austin Havens-Bowen |September 7, 2022 - 2:30PM
I don't have a big income but I inherited some money. Should I buy a co-op or condo?

… ratio is also important Many NYC coops require that buyers have a DTI of 25 to 33 percentwhich is the portion of … and help you determine whether its feasible for you to buy It may turn out that buying a condo is an easier lift … to an experienced agent and mortgage broker to find out what exactly your options are  T rouble at home Get your NYC …

By Alanna Schubach |December 7, 2020 - 2:30PM
8 ways to get more space for less when buying a NYC apartment

… inch expensive Fortunately now is an opportune time to buy in NYC and trade up for more roomif you are willing to … to see listings in person sat out the market That may change now that real estate firms can resume business in … of the apartment says attorney Adam Stone of  The Stone Law Firm   You also need to be sure to look into why the …

By Mimi OConnor |June 23, 2020 - 12:30PM