Why are rich kids able to buy affordable HDFC apartments?

… with strict income caps for purchasers and generally much lower sale prices than comparable apartments on the market … Many HDFC buildings were neglected rentals seized by the city back in the 1970s and then turned into coops which in … lowincome coop adds Reicher Weve been pushing to get credit unions to make loans to HDFCs and in some cases acted as a …

By Virginia K. Smith |September 27, 2016 - 8:59AM
Pay under $500,000 for this Manhattan three-bedroom—but read the fine print

… This one a threebedroom oneandahalf bath in the heart of Harlem on Fifth Avenue between 126th and 127th … has customdesigned white cabinetry pendant lighting a glass mosaic backsplash and stainless appliancesincluding a …

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

… highrises upscale eateries and concept stores The price of housing in the city had gotten so expensive that even … of the park that unfurled at your feet The building was a Housing Development Fund Corporation coop or HDFC which I … before we connected with Rebecca Brooksher of Warburg Realty to help with our HDFC hunt Every week Rebecca and her …

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