Bricktionary

… If youve ever entered New York Citys affordable housing lottery youve probably read one key term … that give tax breaks to developers who reserve units for lowerincome renters For example the states low income tax … units For example 60 percent of the incomerestricted apartments built under the citys 421a program between 2017 …

… familiar with the myriad fees that come with buying in New York City But theres one more cost you should watch out for when …

… York City own the land they sit on but a tiny percentage rent the land from someone else These are called landlease or groundlease buildings yet another quirk of NYC real estate that buyers need to be aware of  In a lot of … on the subject for years  These buildings are mostly in Manhattan namely on the Upper West and East sides as well as …