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

2017 is shaping up to be a year of many real estate battles … of the citys proposal and whats next on the docket for 2017 … What might change for HDFCs … With the tax breaks for … take it to the City Council by the end of 2016 or early 2017 but they havent even scheduled any of their planned …

By Virginia K. Smith |January 12, 2017 - 8:59AM
Why are rich kids able to buy affordable HDFC apartments?

… some of the few affordable housing options geared toward  buyers  in NYC which leads to a natural followup Why could … a sizable down payment Or If HDFCs are meant for those who cant afford the typical NYC apartment why are they often … sitting on proceeds from a previous real estate sale or younger buyers flush with cash from their parents for …

By Virginia K. Smith |September 27, 2016 - 8:59AM
How I found my $386K HDFC apartment after a three-year search

… to move back to New York in 2012 we were eager to buy an apartment but werent sure we could afford one on a … like we were stuck in some neverending apartmenthunting loop Then one day one popped up in a prewar on Central Park North It was a corner unit unoccupied since its renovation …

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