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

… of a wealthy twentysomething using her parents cash to buy into a Williamsburg HDFCthese relatively rare … caps would be mandatory The idea here is to prevent any buyers from losing equity on apartments theyve already … high Some dont want any We believe that the intent of the law when we moved in which was pounded into our heads when …

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

… 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