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

… those currently offered by the DAMP Division of Alternative Management Programs tax cap it would also end the current tax abatement early and only offer discounts to buildings that sign onto the new agreement Currently HDFCs … meetings yet so theyre likely scheduling some public forums in the next few months Were hoping that this slowing …

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