Tag: HUD

Board Operations A More Affordable New York?
2019 October A More Affordable New York?

Housing affordability – or un affordability, depending on your relative net worth – has always been a hot topic in New York City.  Today’s housing market is no different – though in recent years, thanks to a combination of factors both e…

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Finance Reversing the Trend
Reversing the Trend

There has been a recent push by federal, state and local legislators to get reverse mortgages or Home Equity Conversion Mortgages (HECM) approved for New York cooperatives. The federal Department of Housing and Urban Development (…

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Energy Conservation Help with Going Green
2012 September Help with Going Green

 With the green movement in full swing across the country, it is not surprising  that incorporating energy saving and efficient measures has trickled into  condominium development. Today, many buildings in the New York area pride  themselv…

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Real Estate Trends Revisiting Reverse Mortgages
2012 February Revisiting Reverse Mortgages

According to the most recent U.S. Census in 2010, an estimated 2.5 million people—or roughly 13.5 percent—of New York’s population is over the age of 65. Older New Yorkers, especially in New York City live in longtime neighborhoods or i…

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