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

… we wrote about the loopholes that make these affordable apartments favorable for trust fund babies  it turns out the … buyers As we wrote previously HDFCs currently have strict income caps on buyers but no such rules about assets which … plans to track buyer assets but as far as price caps go with some exceptions for pricier apartments the plan is to …

By Virginia K. Smith |September 29, 2016 - 1:59PM
Pay under $500,000 for this Manhattan three-bedroom—but read the fine print

… but truly affordable and decently sized Of course they come with quite a few requirements and restrictions This one a threebedroom oneandahalf bath in the … and 127th streets with an asking price of $499000 has an income restriction based on 120 percent of the area median …

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

… and fixed up by the city which then sold the individual apartments to tenants are a conundrum of sorts in the New … flags missing photos or floorplans but even still very few apartments were actually worth the subway fare Loitering and … we did like had an asking price of $475000 and a view of Morningside Park but it set off a bidding war and eventually …

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