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
Pay under $500,000 for this Manhattan three-bedroom—but read the fine print

… come with quite a few requirements and restrictions This one a threebedroom oneandahalf bath in the heart of … area median income looks like youll have to ask the broker what that is And when it comes time to sell the place … all have windows so theyre real and true bedrooms  The building has an elevator a superporter security camerasread …

By Lucy Cohen Blatter |July 18, 2016 - 2:59PM
How I found my $386K HDFC apartment after a three-year search

… like we were stuck in some neverending apartmenthunting loop Then one day one popped up in a prewar on Central Park … its renovation and had large beautiful rooms with south and west views of the park that unfurled at your feet The … and fixed up by the city which then sold the individual apartments to tenants are a conundrum of sorts in the New …

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