What exactly is the 'AMI' that's used to determine affordable housing rents?

… If youve ever entered New York Citys affordable housing lottery youve probably read one key term over and … or AMI defines the median incomes for households of different sizes within a certain geography The Department of …

By Celia Young |October 22, 2024 - 9:30AM
What’s the average flip tax for a condo or co-op in New York City?

… … If you own your apartment youre probably already familiar with the myriad fees that come with buying in New York City But theres one more cost you should watch out for …

By Celia Young |April 1, 2024 - 2:30PM
Understanding ‘succession rights,’ a complex issue for rent-regulated tenants

… an elderly family member living in that most coveted of New York City apartments the rentregulated unit When they … determining eligibility the amount of time a family member lives with the original tenant in the apartment Editors Note … lease says attorney Justin Brasch   He suggested sending a letter via certified mail to the landlordideally before your …

By Celia Young |January 9, 2024 - 11:00AM