De Blasio is proposing new regulations to keep HDFC co-ops affordable

… Its shaping up to be an unexpectedly busy news week for HDFC coops Just a couple of days after we wrote about the loopholes that make these affordable apartments favorable for trust fund babies  it turns out the … buyers As we wrote previously HDFCs currently have strict income caps on buyers but no such rules about assets which …

By Virginia K. Smith |September 29, 2016 - 1:59PM
Pay under $500,000 for this Manhattan three-bedroom—but read the fine print

… HDFC coops are kind of like NYC real estate unicorns Theyre hardtofind but truly affordable and … of the area median income looks like youll have to ask the broker what that is And when it comes time to sell the place …

By Lucy Cohen Blatter |July 18, 2016 - 2:59PM
These apartments don't need 20 percent down payments

… foyer and a sunken living room The coop building has a livein super and a new laundry room and allows 85 percent … exposures Related Ive saved $60000 for a down payment What can I get in Manhattan Im coming up short on a down …

By Leah Hochbaum Rosner |December 14, 2015 - 8:59AM
How I found my $386K HDFC apartment after a three-year search

… and chatted up folks in the community to get a flavor for what it was like to live there Naturally we found ourselves comparing other … a bargain by current Manhattan standards The area where we lived on First Avenue a few blocks west of Gracie Mansion …

By Craigh Barboza |October 22, 2015 - 8:59AM