I'm strongly considering putting in a offer on an income-restricted HDFC coop apartment in Brooklyn. I just straddle the income limits for 2009, but am well below it for 2006, 2007, and 2008, and the agent has assured me that won't be a problem, given the board an lawyer for this building (meeting the spirit of the regulations, if not the letter). I can afford to put down a large enough down payment so my monthly costs end up being slightly less than what my rent is now (with significantly more stability in cost from year to year). So I'm pretty sure this makes sense for me, but my only question is: is this a mistake in terms of eventually reselling the place?
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posted by anonymous
on Apr 22, 2010 -
3 answers
Investigating a New York City (Brooklyn) real estate fantasy: I sometimes dream of finding an odd space -- a small garage, a storefront, a storage building -- and fixing it up into livable space. I see examples around town of people who have done this. I've heard friend-of-friend stories. But I have no idea how one finds non-apartment real estate sale listings in Brooklyn (or non-new-obnoxious-condo listings, for that matter). Putting aside zoning issues and the like -- where could I start investigating? Craigslist/Streeteasy/Trulia don't seem to help.
posted by the jam
on Feb 1, 2010 -
7 answers
How do you find a better-than-decent apartment in Brooklyn without having to spend two weeks working on it full-time, and without paying a ridiculous broker's fee?
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posted by condorman
on Aug 14, 2008 -
13 answers
Looks like the one story warehouse next door has been put up FOR SALE. Problem is that if a building goes up in its stead, two of my windows will be covered over. Do I have any rights or say in the matter?
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posted by Skygazer
on Jan 20, 2006 -
19 answers