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?

… only accessible to those with loads of cash … Income not assets … The situation has more to do with HDFCs in general … strict income caps for buyers but dont check into their assets this can narrow the buyer pool to people with low … by volunteer boards getting into the business of vetting assets could be a dicey proposition None of the housing …

By Virginia K. Smith |September 27, 2016 - 8:59AM
These apartments don't need 20 percent down payments

… Cant seem to squirrel away 20 percent for a down payment on a New York City coop Guest broker Josh Thissell … WISH LIST … I dont have a large amount of money for a down payment can you find me some 10 percent down coops nonHDFC … … 20 percent down plus at least a years worth of monthly payments in the bank after closingcan be so outlandish that …

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

… I had started a new job just a year earlier working at NYU the same school where I first met my wife and cineaste soul mate Salaama We had quickly bonded over movies rap and our New England roots and wound up in … we could move in we first had to agree to a $2800 rent on top of a yearlong commitment if the sale fell through …

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