1st Constitution Bank
Named as the sponsor's construction lender in 14 New York City condominium offering plans, in the plan's text, where the sponsor says it has obtained its construction loan or financing, or, where the plan doesn't name one, as the lender on the mortgage and building loan agreement recorded in ACRIS on the building's lot before the plan was accepted. Each building below links the plan page or the recorded document. Where an amendment names a new lender, that lender is counted.
1st Constitution Bank's 14 buildings in these plans are all in Brooklyn, 93% new construction, typically 6–8 units, offered at an average $1.5M per unit. Check size: $4.6M typical (the median of 11 loans whose size the plan states or ACRIS records), from $2.5M to $6.9M.
- Buildings
- 14
- Residential units
- 104
- Typical check
- $4.6M
- Years
- 2018–2025
Pro · Advanced analysis
Recent Growth
1st Constitution Bank's buildings and units by year for the last 6 years, and whether the pace is rising or falling.
2 buildings accepted in 2024–2026 (2026 to date), against 7 in 2021–2023: down 71%. 14% of all 14 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 1 | 3 |
| 2024 | 1 | 7 |
| 2023 | 0 | — |
| 2022 | 4 | 22 |
| 2021 | 3 | 23 |
Latest: 193 22nd Street Condominium, accepted Jul 18, 2025.
Strongest Relationships
The firms named most often on the same buildings as 1st Constitution Bank, at least 2 in common.
Developers
- Bluefield Holdings2 shared buildings · 14% of 1st Constitution Bank's · 2021
Architects
- Paul Lombardi, R.A.4 shared buildings · 29% of 1st Constitution Bank's · 2021–2025
- Zarina Kindo, R.A.3 shared buildings · 21% of 1st Constitution Bank's · 2019–2021
Sponsor's counsel
- The Law Office Of Jay Lichtman, P.C.8 shared buildings · 57% of 1st Constitution Bank's · 2018–2024
- Rosen Law LLC4 shared buildings · 29% of 1st Constitution Bank's · 2021–2025
Sales teams
- Douglas Elliman Real Estate2 shared buildings · 14% of 1st Constitution Bank's · 2021
Property managers
- MRE Property Management LLC3 shared buildings · 21% of 1st Constitution Bank's · 2022
- 1800 Re Management LLC2 shared buildings · 14% of 1st Constitution Bank's · 2019–2021
- NYRET Property Management LLC2 shared buildings · 14% of 1st Constitution Bank's · 2021
Tax consultants
- Metropolitan Realty Exemptions5 shared buildings · 36% of 1st Constitution Bank's · 2021–2024
- Rosen Law4 shared buildings · 29% of 1st Constitution Bank's · 2021–2025
From the same offering plans as the table below. A firm's own affiliates aren't counted.
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| Condominium | Accepted | Units | Loan |
|---|---|---|---|
| 193 22nd Street Condominium193 22nd Street · Brooklyn · new constructionSponsor: 193 22 Group LLC · Named on p. 7 ↗ | 2025 | 3 | — |
| 374 Classon Avenue Condominium374 Classon Avenue · Brooklyn · new constructionSponsor: 374 Classon Ave LLC · Named on p. 4 ↗ | 2024 | 7 | $2.6M* |
| 182 Minna Street Condominium182 Minna Street · Brooklyn · new constructionSponsor: 182 Minna Group LLC · Named on p. 7 ↗ | 2022 | 6 | $2.7M* |
| 112 India Street Condominium112 India Street · Brooklyn · new constructionSponsor: 112 India LLC · Named on p. 4 ↗ | 2022 | 3 | $2.6M* |
| 88 Herbert Street Condominium88 Herbert Street · Brooklyn · new constructionSponsor: 88 Herbert Capital LLC · Named on p. 4 ↗ | 2022 | 7 | $2.5M* |
| 508 Waverly Avenue Condominium508 Waverly Avenue · Brooklyn · new constructionSponsor: 508 Waverly LLC · Named on p. 20 ↗ | 2022 | 6 | — |
| 952 Bushwick Avenue Condominium952 Bushwick Avenue · Brooklyn · new constructionSponsor: Hlpg 950 Bushwick LLC · Named on p. 4 ↗ | 2021 | 10 | $6.6M* |
| 243 North 5th Street Condominium243 North 5th Street · Brooklyn · new constructionSponsor: 241-243 North 5th Street, LLC · Named on p. 90 ↗ | 2021 | 7 | $6.3M* |
| 201 23rd Street Condominium201 23rd Street · Brooklyn · new constructionSponsor: 201 23rd Street LLC · Named on p. 85 ↗ | 2021 | 6 | $5.1M* |
| Battery Avenue Condominium97 & 101 Battery Avenue · Brooklyn · new constructionNamed as Constitution Bank · Sponsor: 105 Battery Avenue LLC Et Al. · Named on p. 15 ↗ | 2020 | 6 | — |
| 1019 President Street Condominium1019 President Street · Brooklyn · rehabSponsor: 57 Himrod LLC · Named on p. 4 ↗ | 2020 | 8 | $2.7M* |
| 64 Stanhope Street Condominium64 Stanhope Street · Brooklyn · new constructionSponsor: 64 Stanhope LLC · Named on p. 4 ↗ | 2019 | 8 | $4.6M* |
| 243 4th Avenue Condominium243 4th Avenue · Brooklyn · new constructionSponsor: 243 Development LLC · Recorded in ACRIS ↗ | 2018 | 19 | $6.9M* |
| 267 Evergreen Avenue Condominium267 Evergreen Avenue · Brooklyn · new constructionSponsor: Homeland Ventures LLC · Recorded in ACRIS ↗ | 2018 | 8 | $5.3M* |
Loan is the construction financing the plan states: its stated total, or the building, project and other loans it lists added up (hover for the parts); a loan only for buying the land isn't counted. Where the plan states no amount, a figure marked * is the mortgage and building loan agreement recorded in ACRIS for the same lender on the building's lot, linked to the document. — means neither has one. The typical check is the median of these loans. A bank that changed its name is counted under its current name. Different spellings of one lender's name are counted together.