Why are rich kids able to buy affordable HDFC apartments?

… who ended up using her parents cash to land a coveted HDFC coop in Williamsburg For the uninitiated HDFCs short for Housing Development Fund … seized by the city back in the 1970s and then turned into coops which in turn were sold back to the current tenants …

By Virginia K. Smith |September 27, 2016 - 8:59AM
How I found my $386K HDFC apartment after a three-year search

… We were expecting a lump sum of cash from the sale of our home that we could use as a down payment on an apartment and … in the community to get a flavor for what it was like to live there Naturally we found ourselves comparing other … coop board Luckily we had Rebecca to guide us through the application maze Over a threemonth period we submitted …

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