Big news in Downtown Brooklyn! Toren, the 240-unit, SOM-designed tower at Flatbush and Myrtle Avenues, just received approvals from both FHA and Fannie Mae, which means that it’ll be much easier for first-time buyers to step up to the plate. As for folks who’ve already bought in the 38-story building (it’s currently 50% sold), the TCO was recently issued, making it possible for the first wave of buyers to start moving in. Most exciting of all, these early inhabitants will be able to take a dip in the just-completed pool. We’ve got the first photo of the never-before-seen pool below.
Toren Holds First Closing, Wants in on FHA Program [Brownstoner]
Crunch Time at The Toren [Brownstoner] GMAP