De Blasio is proposing new regulations to keep HDFC co-ops affordable

… Its shaping up to be an unexpectedly busy news week for HDFC coops Just a couple of days after we wrote about the loopholes …

By Virginia K. Smith |September 29, 2016 - 1:59PM
Why are rich kids able to buy affordable HDFC apartments?

… income caps for purchasers and generally much lower sale prices than comparable apartments on the market Many HDFC … some of the few affordable housing options geared toward  buyers  in NYC which leads to a natural followup Why could … HDFC coops have strict income caps for buyers but dont check into their assets this can narrow the buyer pool to …

By Virginia K. Smith |September 27, 2016 - 8:59AM
Is a major sea change on the way for the city's affordable HDFC co-ops?

HDFC coopsapartments with special tax breaks and income caps for … run into maintenance problems due to lack of reserve funds HDFCs are sort of a victim of their own success and many …

By Virginia K. Smith |February 11, 2016 - 12:59PM