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

… major one to watch will be the debate over the fate of the citys affordable HDFC coops HDFC stands for Housing … housing goalsand public ire rises over stories like the  New York Times  profile of a wealthy twentysomething using her …

By Virginia K. Smith |January 12, 2017 - 8:59AM
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 … and generally much lower sale prices than comparable apartments on the market Many HDFC buildings were neglected …

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

… were eager to buy an apartment but werent sure we could afford one on a university salary I had started a new job just … entirely farfetched This newly renovated junior twobedroom HDFC in Hamilton Heights is asking $331000 and has income … 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