building at 1801 Adam C Powell Boulevard

I took a look at this with a friend (for her). The location is very convenient to everything. We didn't explore any further than the open house. We both felt the renovations appeared to be done cheaply/poorly- both in the unit as well as what we could see in the building and the asking prices were high compared to the income limits. My friend had enough cash saved to buy in this building in spite of the income restrictions- but she didn't feel the value was there.

We didn't go so far as to inquire about the finances/board/management. I wouldn't hold your breath for the HDFC income restrictions to expire. We have looked at lots of HDFC's- it seems that the income restrictions are enforced or they are not- regardless of how long the building has been an HDFC. I am sure their are exceptions- but this has been my general observation of HDFC's in Harlem of apartments on the market in the last few years.