With the goal of making the home buying process in New York more equitable, the city is expanding its existing down payment assistance program by more than double. The Department of Housing Preservation and Development announced on Monday it will offer up to $100,000 toward down payments or closing costs to first-time homebuyers who earn up to 80 percent of the area median income • Full Story
Despite relatively steady rental prices in Brooklyn overall, Crown Heights rents jumped almost 8 percent last year, a new real estate report found • Rent in Crown Heights and Prospect-Lefferts Gardens had the “largest overall increase in the borough,” MNS said • Read More
A property on Montgomery Street has been listed for almost 2 Million Dollars! ($1,999,000 to be exact) ● The house, which is owned by a local Lubavitcher family, has been previously listed for 1.45 Million Dollars, before the current Real Estate boom in Crown Heights ● Pictures
1388 Union Street, which sold for $999,000 in December, sold again in July for $1,850,000, more than $150,000 above the original asking of $1,695,000 ● Full Story, Pictures
Baby girl to: Matisyahu and Nehchama Devlin (nee Kan) – North Miami Beach, Florida.
BABY BOY
NEW ENGAGEMENT
Mendy Margolin – Norfolk, Virginia to Yamna Elharrar – Montreal, Canada
