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The new, 12-story residential condominium building known as 2280 FDB at 2280 Frederick Douglass Boulevard at West 123rd Street has been approved for Federal Housing Administration financing that means that that purchasers and get FHA-back loans with downpayments of 5 to 10 percent.

The mid-block building has 71 market-rate condominiums and18 affordable rate condominium units, which are priced from approximately $395,000 to $1.33 million.

The developer is RGS Holdings of which Hans Futterman is a principal and Goldman Sachs Urban Investment Group.

GF55 Partners is the architect.

The building has 8,000 square feet of ground floor retail space and a garage.

It also has a 24-hour doorman, a fitness center, and a landscaped roof terrace and some balconies.

Pets are allowed and the building also has washers and dryers and central air-conditioning.

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Architecture Critic Carter Horsley Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.