This procedure outlines what NYC Department of Finance requires to apportion and approve a new condominium. Our goal is to make sure the public understands our review process and knows exactly what information and...
Tag - condo developers
Condo inventory loans: how condo developers refinance
A developer takes out a condo inventory loan when they need to adjust the financing of a condo building to meet the market. The loan allows developers to repay maturing construction loans and hold units for sale at a...