I traded a few messages with Steve at Marselle this morning (See below for the latest update)
According to Steve:
Marselle will be FHA approved at 40 sales. They anticipate reaching the 40 sales by the weekend.
They have had 8 Sales since December 23rd, with 4 pending offers.
Still have the best prices in the City
Studios starting at $199K
Open 1 Bedrooms starting at $214K
One Bedrooms starting at $229K
One Bedroom Dens starting at $249K
Two Bedrooms starting at $379K
5% Financing still available with no Mortgage Insurance and no HOA dues untill Jan of 2011.