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

… StreetEasy reveals a total of 335 coopsand just 31 condoscurrently on the market in Manhattan for less than half a … developer of a building thats been turned into a coop from  rental and are being sold for the first time usually require … buying an apartment … Buy … Sales Market … Buy Affordable Housing … Co-ops … Rent … The Market … Buy Curious … buying …

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

… to New York in 2012 we were eager to buy an apartment but werent sure we could afford one on a university salary I had started a new job just … 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