Why 2017 could be make-or-break for New York's affordable HDFC co-ops

… pushing for an updated draft that responds to some of the feedback weve given them and from other shareholders in …

By Virginia K. Smith |January 12, 2017 - 8:59AM
De Blasio is proposing new regulations to keep HDFC co-ops affordable

… have strict income caps on buyers but no such rules about assets which are notoriously hard to track The proposed new … told DNAinfo Its unclear how the city plans to track buyer assets but as far as price caps go with some exceptions for …

By Virginia K. Smith |September 29, 2016 - 1:59PM
Why are rich kids able to buy affordable HDFC apartments?

… month many cashstrapped New Yorkers found themselves rolling their eyes or tearing their hair out over this  New York … who ended up using her parents cash to land a coveted HDFC coop in Williamsburg For the uninitiated HDFCs short for Housing Development Fund Corporation are subsidized coop …

By Virginia K. Smith |September 27, 2016 - 8:59AM