Bricktionary
… If youve ever entered New York Citys affordable housing lottery youve probably read one key term over and over again area median income But what does that actually mean In short area median …
… an elderly family member living in that most coveted of New York City apartments the rentregulated unit When they vacate the … in a relatives regulated unitare dependent upon a complex set of rules Those rules recently got a little …
… Stone has also taught real estate classes on the subject for years These buildings are mostly in Manhattan namely on the Upper West and East sides as well as in Battery Park Brooklyn has a smattering too The reason behind this … about 100 landlease coops and only a handful of landlease condos Thats because of the different ownership structures …
