Harlem condo gets FHA approval – Crain's New York Business
Metropolis, the new Harlem condominium, has been approved by the Federal Housing Administration’s mortgage program. The FHA backing means that buyers will have an easier time qualifying for a home loan and will be able to make down payments as low as 3.5%. The six-story, 13-unit condo at 51 E. 128th St. contains one- and two-bedroom condos ranging from $350,000 to $485,000. [The Real Deal]
