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

… of a wealthy twentysomething using her parents cash to buy into a Williamsburg HDFCthese relatively rare … changes the many criticisms of the citys proposal and whats next on the docket for 2017 … What might change for … of cuts based on a formula based in part on assessed value you can check out the full explanation here Another dispute …

By Virginia K. Smith |January 12, 2017 - 8:59AM
Pay under $500,000 for this Manhattan three-bedroom—but read the fine print

… and 127th streets with an asking price of $499000 has an income restriction based on 120 percent of the area median income looks like … And when it comes time to sell the place youll have to pay 30 percent of the profit But as far as right nowand on the …

By Lucy Cohen Blatter |July 18, 2016 - 2:59PM
Is a major sea change on the way for the city's affordable HDFC co-ops?

… HDFC coopsapartments with special tax breaks and income caps for buyershave long been something of a paradox in the New … the apartments would become even more valuable theyd stay cheap even as the market went up around them …

By Virginia K. Smith |February 11, 2016 - 12:59PM