Bricktionary

… If youve ever entered New York Citys affordable housing lottery youve probably read one key term … units For example 60 percent of the incomerestricted apartments built under the citys 421a program between 2017 and 2020 were …

… the reverse mortgage loan Reverse mortgages are rare in New York City condo and coop buildings Thats particularly true … thats starting to change says Debra Shultz vice president of lending for CrossCountry Mortgage They are gaining …

… York City own the land they sit on but a tiny percentage rent the land from someone else These are called landlease … Stone has also taught real estate classes on the subject for years  These buildings are mostly in Manhattan namely on … consider the potential risks outlined below  … Coop vs condo landlease buildings … There are about 100 landlease …