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

… 2017 is shaping up to be a year of many real estate battles  and … changes the many criticisms of the citys proposal and whats next on the docket for 2017 … What might change for … assessed value you can check out the full explanation here Another dispute centers around the aforementioned carveout …

By Virginia K. Smith |January 12, 2017 - 8:59AM
Why are rich kids able to buy affordable HDFC apartments?

… rolling their eyes or tearing their hair out over this  New York Times  story chronicling the apartment search  … to land a coveted HDFC coop in Williamsburg For the uninitiated HDFCs short for Housing Development Fund Corporation … toward  buyers  in NYC which leads to a natural followup Why could someone just snap one up using her parents money …

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 of Citi …

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

… but werent sure we could afford one on a university salary I had started a new job just a year earlier working … I spent taping the Kool DJ Red Alert mix show and the day I copped my first pair of Jordans in midtown New York is where … in the end put her signature on the papers Finally we were NYC homeowners  Related   My exasperating enlightening …

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