Here’s your chance to catch up with news included to inform, enlighten and perhaps even entertain you. To read about The Big Apple, check out the other of today’s posts and look for Out and About early next week.
If you qualify for Mitchell-Lama income limits and win the waiting list lottery, you and your immediate family of five persons could live in an unspecified area of Brooklyn Heights in a three-bedroom co-op that will cost you approximately $52,000 to $61,000.
With two dependents or more, the income limits range between $40,235 and $151,750. And, no, I haven’t any idea how the requirements work or which buildings are available through the newly opened waiting lists. Continue reading
A friend sent me the link to a New York Times blog, where an anonymous commenter told an anecdote that raised my hackles and, as well, the hair on my head.
According to the post, the broker is married to the president of a co-op board in the building where the writer, a first-time buyer and foreigner, hoped to live. The commenter quoted the broker, who is the female half of the couple, as maintaining that she knew exactly what sort of shareholder the board was seeking–“and don’t worry.”
The woman and her husband would facilitate the process, the broker reportedly said. The comment continues: Continue reading