The fha created in 1934 to make homeownership attainable for low to moderate income americans is now providing a lifeline to new manhattan luxury condominiums after sales stalled. August 2010 community associations institute. Luxury condos in new york city boast fha backing oshrat carmiel bloomberg whitney gollinger marketing chief for a manhattan condo building with an outdoor movie theater and panoramic city views is highlighting a different amenity to spur sales.
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