Alma Bank
Named as the sponsor's construction lender in 5 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.
Alma Bank's 5 buildings in these plans are mostly in Queens (4 of 5), then Brooklyn, all new construction, typically 10–27 units, offered at an average $736K per unit. Check size: $7M typical (the median of 5 loans whose size the plan states or ACRIS records), from $4.5M to $9.9M.
- Buildings
- 5
- Residential units
- 104
- Typical check
- $7M
- Years
- 2007–2022
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Recent Growth
Alma Bank's buildings and units by year for the last 6 years, and whether the pace is rising or falling.
0 buildings accepted in 2024–2026 (2026 to date), against 1 in 2021–2023. 0% of all 5 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 0 | — |
| 2024 | 0 | — |
| 2023 | 0 | — |
| 2022 | 1 | 10 |
| 2021 | 0 | — |
Latest: Astoria Proper Condominium, accepted Mar 11, 2022.
Strongest Relationships
The firms named most often on the same buildings as Alma Bank, at least 2 in common.
Sponsor's counsel
- Rosen Law LLC2 shared buildings · 40% of Alma Bank's · 2010–2012
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 |
|---|---|---|---|
| Astoria Proper Condominium30-57 Crescent Street · Queens · new constructionSponsor: 30-57 Crescent Street LLC · Recorded in ACRIS ↗ | 2022 | 10 | $7M* |
| Cornerstone Condominiums32-06 Astoria Boulevard A/K/A 25-01 32nd St · Queens · new constructionSponsor: Double T Holdings LLC · Named on p. 16 ↗ | 2018 | 27 | $8.7M |
| Ocean Parkway Tower Condominium2833 Ocean Parkway · Brooklyn · new constructionSponsor: Barco Properties, LLC · Recorded in ACRIS ↗ | 2012 | 14 | $5.5M* |
| Astoria Pointe27-17 27th Street · Queens · new constructionSponsor: 27-17 27th Realty, LLC · Recorded in ACRIS ↗ | 2010 | 7 | $4.5M* |
| Broadway Plaza Condominium46-06 88th Street · Queens · new constructionSponsor: Broadway Plaza Realty, LLC · Recorded in ACRIS ↗ | 2007 | 46 | $9.9M* |
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.