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Mentioned in this Article:
Stephen G. Kliegerman

Stephen G. Kliegerman
President of Development Marketing

The Real Deal

New Residential Developments

Financing update

Downtown Brooklyn

Toren

150 Myrtle Avenue

BFC Partners' long-awaited 38-story condominium has won its bids for both Federal Housing Administration and Fannie Mae financing and is ready for immediate occupancy. The 240-unit, Skidmore, Owings & Merrill-designed project is roughly 50 percent sold and offers studios and one-, two- and three-bedroom apartments, including eight one-bedroom penthouses and 24 two- and three-bedroom duplex penthouses. Amenities include a rooftop garden, fitness center, indoor pool, library and parking garage. Prices start in the mid-$300,000s. Halstead Property Development Marketing is the agent. Contact: www.torencondo.com.

Harlem

2280 FDB

2280 Frederick Douglass Boulevard

The 12-story development by RGS Holdings has been approved for Federal Housing Administration financing. With the newly granted FHA-backed loans, buyers will be able to purchase units at 2280 FDB with down payments ranging from 5 to 10 percent. The building is comprised of 89 one-, two- and three-bedrooms and prices range from $395,000 to $1.33 million. Halstead Property Development Marketing is the agent. Contact: www.2280fdb.com.

Williamsburg

80 Metropolitan

80 Metropolitan Avenue

Steiner NYC's condominium been approved for Federal Housing Administration financing and is ready for immediate occupancy. The development, which is 50 percent sold, recently saw 11 units go into contract in a 60-day period. It features 114 loft residences and nine townhouse-style homes, and residents can take advantage of a pool, fitness center, rooftop terrace and 24-hour concierge. Prices for studios start at $419,000, one-bedrooms at $485,000 and two-bedrooms at $689,000. Halstead Property Development Marketing is the agent. Contact: www.80metropolitan.com.

Monday, March 01, 2010