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

… week for HDFC coops Just a couple of days after we wrote about the loopholes that make these affordable apartments … have strict income caps on buyers but no such rules about assets which are notoriously hard to track The …

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

… apartment search  of a 26yearold grad student who ended up using her parents cash to land a coveted HDFC coop in … HDFC buildings are subject to flip taxes to discourage reselling afforable apartments at a high price housing … an HDFC and see clearly that in 10 years they could only sell it for a certain amount it dissuades a certain segment …

By Virginia K. Smith |September 27, 2016 - 8:59AM