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 … that give tax breaks to developers who reserve units for lowerincome renters For example the states low income tax …

… want our apartment to be kept in good condition tenants of rent controlled or rent stabilized units in New York City might not feel so … rentals … renting … What is a major capital improvement and how does it affect the rent …

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

… Rosenberg Estis  a Brick sponsor By leasing rather than selling the land an individual landowner or company gets to … are actually getting a deed So technically a condo cannot sell units if it doesnt own the land though exceptions … the property drastically decreases as does the ability to sell the units Sanders says  So knowing when the lease …