What is a community land trust? How does it help low-income buyers?

… buildings that will create up to 100 permanently affordable coop units for households earning 5080 percent of the area … be used to help 17 households at 25 MacDonough St become cooperative shareholders and rehabilitate and electrify … an owner Go to NYC Housing Connect create a profile and apply to a lottery it is a good idea to apply to multiple …

By Jennifer White Karp |February 25, 2025 - 2:00PM
What is a post-closing possession agreement and what are the risks for buyers and sellers?

… When you are buying in New York City a good strategy for beating the competition is to find … agreement might scare off potential buyers who dont want to take on that kind of risk  A postclosing possession … lease and a license … Although it looks like the seller is renting back the apartment theyve just sold the contract you …

By Celia Young |August 5, 2024 - 10:30AM