The allure of tax abatements, a Chelsea affordable housing lottery, & more

By Jennifer White Karp | February 24, 2023 - 2:30PM

This week readers checked out Brick Underground’s advice to condo and co-op buyers about tax abatements. They may not sound as glam as a chef’s kitchen or wraparound views, but savvy buyers know they are something worth searching for because you can save a bundle with one in place.

Also of interest: An affordable housing lottery in Manhattan’s Chelsea neighborhood has studios with rents starting at $1,329. Check out the article for more details and the link to sign up with NYC's Housing Connect.

Here are this week's top five posts:

1) An affordable housing lottery opens for 144 apartments in Chelsea

2) Why a tax abatement should be on your condo or co-op wishlist

3) What are the pros and cons of staying in a short-term rental in NYC?

4) Noho named the most liveable NYC neighborhood for renters

5) When is the best time of year to buy or sell a NYC apartment?

Jennifer White Karp

Managing Editor

Jennifer steers Brick Underground’s editorial coverage of New York City residential real estate and writes articles on market trends and strategies for buyers, sellers, and renters. Jennifer’s 15-year career in New York City real estate journalism includes stints as a writer and editor at The Real Deal and its spinoff publication, Luxury Listings NYC.

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