Alpine Capital 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.
Alpine Capital Bank's 14 buildings in these plans are mostly in Brooklyn (8 of 14), then Manhattan, 86% new construction, typically 5–12 units, offered at an average $1.6M per unit. Check size: $3.6M typical (the median of 12 loans whose size the plan states or ACRIS records), from $1.6M to $7.2M.
- Buildings
- 14
- Residential units
- 140
- Typical check
- $3.6M
- Years
- 2005–2023
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Recent Growth
Alpine Capital 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 4 in 2021–2023. 0% of all 14 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 0 | — |
| 2024 | 0 | — |
| 2023 | 1 | 9 |
| 2022 | 1 | 2 |
| 2021 | 2 | 16 |
Latest: 490 Lorimer Street Condominium, accepted Jul 6, 2023.
Strongest Relationships
The firms named most often on the same buildings as Alpine Capital Bank, at least 2 in common.
Developers
- HESY2 shared buildings · 14% of Alpine Capital Bank's · 2021–2023
- T & P Property Development2 shared buildings · 14% of Alpine Capital Bank's · 2021–2022
Architects
- Pinner Architecture2 shared buildings · 14% of Alpine Capital Bank's · 2021–2023
Sponsor's counsel
- Moritt Hock & Hamroff, LLP3 shared buildings · 21% of Alpine Capital Bank's · 2016–2023
- The Law Office Of Jay Lichtman, P.C.3 shared buildings · 21% of Alpine Capital Bank's · 2015–2018
- Tsyngauz & Associates, P.C.2 shared buildings · 14% of Alpine Capital Bank's · 2021–2022
Sales teams
- Douglas Elliman Real Estate2 shared buildings · 14% of Alpine Capital Bank's · 2021–2023
Property managers
- Sadot Management Corp.2 shared buildings · 14% of Alpine Capital Bank's · 2021–2022
Tax consultants
- Highpoint Incentive2 shared buildings · 14% of Alpine Capital Bank's · 2021–2023
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 |
|---|---|---|---|
| 490 Lorimer Street Condominium490 Lorimer Street · Brooklyn · new constructionSponsor: Hesy Diamond, LLC · Recorded in ACRIS ↗ | 2023 | 9 | $3.9M* |
| 111 Noble Gardens Condominium111 Noble Street · Brooklyn · rehabSponsor: 111 Noble LLC · Named on p. 9 ↗ | 2022 | 2 | $2.5M* |
| Residence At 735 Condominium735 Lafayette Avenue · Brooklyn · new constructionSponsor: The Residences At 735 Lafayette LLC** · Named on p. 9 ↗ | 2021 | 7 | $1.9M |
| 532 Lorimer Street Condominium532 Lorimer Street · Brooklyn · new constructionSponsor: Bcbs Lorimer, LLC · Named on p. 16 ↗ | 2021 | 9 | $4.5M* |
| Marcy Villa Condominium594 Marcy Avenue · Brooklyn · new constructionSponsor: 594 Marcy Villa LLC · Recorded in ACRIS ↗ | 2018 | 10 | $4M* |
| 7819 Bay Parkway Condominium7819 Bay Parkway · Brooklyn · new constructionSponsor: 7819 Bay Parkway Assoc. LLC · Recorded in ACRIS ↗ | 2017 | 17 | $5.5M* |
| 320 Humboldt Street Condominium320 Humboldt Street · Brooklyn · new constructionSponsor: 320 Humboldt Street LLC · Named on p. 4 ↗ | 2017 | 5 | $1.6M* |
| 57 East 130th Street Condominium57 East 130th Street · Manhattan · new constructionSponsor: Verse Development LLC · Recorded in ACRIS ↗ | 2017 | 5 | $1.8M* |
| Monarch47-05 5th Street · Queens · new constructionSponsor: 47-05 5th Street LLC · Named on p. 13 ↗ | 2016 | 21 | $7.2M* |
| 37, 39 Madison Street Condominium37, 39 Madison Street · Brooklyn · new constructionSponsor: 31 Madison Development, LLC · Recorded in ACRIS ↗ | 2015 | 12 | $3.8M* |
| Milana Condominium106-20 70th Avenue · Queens · new constructionSponsor: 106-20, LLC · Recorded in ACRIS ↗ | 2014 | 24 | — |
| 421 West 22nd Street Condominium421 West 22nd Street · Manhattan · conversionSponsor: 421 W 22 LLC · Recorded in ACRIS ↗ | 2014 | 8 | — |
| Flowerbox Condominium259 East 7th Street · Manhattan · new constructionSponsor: Flowerbox Development LLC · Recorded in ACRIS ↗ | 2006 | 8 | $3.4M* |
| Goldstar Condominium462 Greenwich Street · Manhattan · new constructionSponsor: Bowery Boys, LLC · Recorded in ACRIS ↗ | 2005 | 3 | $3.4M* |
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.