Imagine that you are in the midst of buying a house, have contracted for the purchase of your dream home, and suddenly you receive the news that you have a serious illness which will directly affect your quality of life and income.
A coalition of residents representing several Manhattan neighborhoods has sued New York City, contending planned transportation changes both will adversely impact them and that the city violated the law.
New York City's Department of Housing Preservation and Development is close to having all the pieces in place for a program that will allow developers with projects that include affordable housing for senior citizens.
Looking for a home can always feel overwhelming. The decision that you make will affect the next years of your life, and making a good investment is paramount. If you do not make a logical decision and act emotionally or impulsively, you may come to regret your choice.
Buying a unit in a co-op is different from buying another type of residential property in New York City. Before you enter into a contract, you should understand what makes this home purchase different.