What to do with a Mitchell-Lama co-op when the owner dies

… … The process of selling shares back to the coop should be fairly straightforward … This question is unique to MitchellLama cooperatives as the apartments are returned to the corporation rather than sold … the apartment back over to the coop when the owner dies or moves out rather than selling it and reaping the profits As …

By Virginia K. Smith |October 3, 2016 - 1:59PM
How one New Yorker is trying to buy her affordable housing dream

… particular Id long had my eye on the world of MitchellLama coops  one of the few affordable housing deals out there for  … various MitchellLamas for applications or when theyll be opening up their wait lists Youll get a minimal application …

By Virginia K. Smith |July 26, 2016 - 1:15PM