The New York State Housing Finance Agency goes to market tomorrow with the third and final installment of a multi-year bond financing for a new 60-story apartment building in Manhattan, a deal helped by the fact that a letter of credit was obtained before the credit crunch took hold.

The $134 million offering of floating-rate bonds will help finance Silverstein Properties Inc.'s 1,169-unit Silver Towers at 42nd street and 11th Avenue.

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