The New York City Housing Development Corp. last week approved its final Liberty bond deal.

The bonds will be issued on behalf of Forest City Ratner Cos., which plans to build a 76-story apartment tower in lower Manhattan. The Beekman Tower will be financed with the proceeds of $203 million of tax-exempt Liberty bonds to be sold this year and $479.1 million of taxable bonds that could be sold next year and in 2010.

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