Builders Bank
Named as the sponsor's construction lender in 15 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.
Builders Bank's 15 buildings in these plans are mostly in Brooklyn (10 of 15), then Manhattan, all new construction, typically 6–22 units, offered at an average $1M per unit. Check size: $4.6M typical (the median of 14 loans whose size the plan states or ACRIS records), from $1.8M to $13.9M.
- Buildings
- 15
- Residential units
- 213
- Typical check
- $4.6M
- Years
- 2003–2016
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Recent Growth
Builders Bank's buildings and units by year for the last 6 years, and whether the pace is rising or falling.
No buildings accepted since 2021. 0% of all 15 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 0 | — |
| 2024 | 0 | — |
| 2023 | 0 | — |
| 2022 | 0 | — |
| 2021 | 0 | — |
Latest: 630 Lorimer Street Condominium, accepted Mar 23, 2016.
Strongest Relationships
The firms named most often on the same buildings as Builders Bank, at least 2 in common.
Sponsor's counsel
- D'Agostino, Levine, Landesman & Lederman, LLP2 shared buildings · 13% of Builders Bank's · 2003–2016
- Jeffrey Zwick & Associates, P.C.2 shared buildings · 13% of Builders Bank's · 2009–2015
Tax consultants
- Leitner Group2 shared buildings · 13% of Builders Bank's · 2003–2008
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 |
|---|---|---|---|
| 630 Lorimer Street Condominium630 Lorimer Street · Brooklyn · new constructionSponsor: 630-632 Lorimer Associates, LLC · Named on p. 113 ↗ | 2016 | 6 | — |
| 516 Classon Avenue Condominium516 Classon Avenue · Brooklyn · new constructionNamed as Builder's Bank · Sponsor: Classon In Clinton LLC · Named on p. 10 ↗ | 2015 | 16 | $3.5M* |
| 314 12th Street Condominium314 12th Street · Brooklyn · new constructionSponsor: 12th Street Realty Partners, LLC · Recorded in ACRIS ↗ | 2012 | 6 | $2.7M* |
| Belvedere Condominium61 Java Street · Brooklyn · new constructionSponsor: Belvedere Java, LLC · Recorded in ACRIS ↗ | 2012 | 9 | $3.2M* |
| Lorimer Street Condominium494 Lorimer Street · Brooklyn · new constructionSponsor: Lorimer St Associates, LLC · Recorded in ACRIS ↗ | 2009 | 6 | $2.6M* |
| 122 Newton Condominium122 Newton Street · Brooklyn · new constructionNamed as Builder's Bank · Sponsor: 124 Newton Street, LLC · Named on p. 17 ↗ | 2008 | 5 | $8M* |
| 291 Devoe Street Condo291 Devoe Street · Brooklyn · new constructionSponsor: Builders NY Holdings V, LLC · Recorded in ACRIS ↗ | 2008 | 8 | $3.4M* |
| Garden Hills Condominium71-19 162nd Street · Queens · new constructionSponsor: Garden Hills, LLC · Recorded in ACRIS ↗ | 2008 | 42 | $11.5M* |
| Elan Condominium255 1st Street · Brooklyn · new constructionNamed as The Builders Bank · Sponsor: 261 1st Condominium Associates, LLC · Named on p. 14 ↗ | 2007 | 32 | $13.9M* |
| 53 Warren Street Condo53 Warren Street · Manhattan · new constructionSponsor: 53-55 Warren Street Reatly, LLC · Recorded in ACRIS ↗ | 2007 | 6 | $6.1M* |
| Beverly Road Condominium1600 Beverly Road · Brooklyn · new constructionSponsor: Beverly Road Associates, LLC · Recorded in ACRIS ↗ | 2007 | 17 | $5.6M* |
| Grand Condominiums367 Grand Avenue · Brooklyn · new constructionSponsor: Acquis Holdings, LLC · Recorded in ACRIS ↗ | 2006 | 2 | $1.8M* |
| Brownstone , East Village Condominium224 East 14th Street · Manhattan · new constructionRecorded as Builders Bank, · Sponsor: Brownstone '05, LLC · Recorded in ACRIS ↗ | 2006 | 4 | $3.5M* |
| 154 Attorney Street Condominium154 Attorney Street · Manhattan · new constructionSponsor: Attorney Street Eastside Developers, LLC · Recorded in ACRIS ↗ | 2005 | 32 | $10.7M* |
| Porter House Condominium366 West 15th Street A/K/A 66 Ninth Ave. · Manhattan · new constructionNamed as Builders Bank and CIG, International, LLC · Sponsor: 66 Ninth, LLC · Named on p. 102 ↗ | 2003 | 22 | $8.2M* |
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.