I might have an answer for it.
My bet would be, that the Bank isn't going to do anything ILLEGAL.
Especially if you signed the papers.
Not that I know of but I think a de=escalating flip tax is a fair way to impose a flip tax. The flip tax was originally introduced back in the 70's/80's wh ... more
Units are still available at 36 Gramercy. Many of the units were snapped up by insiders (e.g. existing tenants) at prices of approximately $1800/sf, but the existing market- ... more
So if you can provide some more info that would be great.
I am sure the NY Trulia voices will chime in with better information, but I found this article that you might find helpful.
http://www.nytimes.com/2005/02/13/realestate/13 ... more