Centennial 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.
Centennial Bank's 5 buildings in these plans are mostly in Manhattan (3 of 5), then Queens, all new construction, typically 12–43 units, offered at an average $4.5M per unit. Check size: $31M typical (the median of 5 loans whose size the plan states or ACRIS records), from $22.8M to $54M.
- Buildings
- 5
- Residential units
- 175
- Typical check
- $31M
- Years
- 2017–2019
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Recent Growth
Centennial 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 5 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: 533 48th Avenue Condominium, accepted Apr 29, 2019.
Strongest Relationships
The firms named most often on the same buildings as Centennial Bank, at least 2 in common.
Sponsor's counsel
- D'Agostino, Levine, Landesman & Lederman, LLP2 shared buildings · 40% of Centennial Bank's · 2017–2019
Sales teams
- Douglas Elliman Real Estate2 shared buildings · 40% of Centennial Bank's · 2017–2019
Property managers
- First Service Residential New York Inc.2 shared buildings · 40% of Centennial Bank's · 2017–2019
Tax consultants
- Tuchman, Korngold, Weiss, Liebman & Lindemann2 shared buildings · 40% of Centennial Bank's · 2017–2019
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 |
|---|---|---|---|
| 533 48th Avenue Condominium5-33 48th Avenue · Queens · new constructionSponsor: Circle F 533 48th, LLC · Named on p. 151 ↗ | 2019 | 43 | $22.8M* |
| 575 4th Avenue Condominium575 4th Avenue · Brooklyn · new constructionSponsor: 575 4th Avenue, LLC · Named in the plan | 2019 | 70 | $40M* |
| 30 E 31 Condominium30 East 31st Street · Manhattan · new constructionSponsor: 31st Street Zef LLC · Named on p. 19 ↗ | 2017 | 42 | $54M |
| 27e79 Condominium27 East 79th Street · Manhattan · new constructionSponsor: 27e79 Property LLC · Recorded in ACRIS ↗ | 2017 | 8 | $23M* |
| 80 East 10th Street Condominium80 East 10th Street · Manhattan · new constructionSponsor: 71 Park Avenue South Property Owner, LLC · Named on p. 6 ↗ | 2017 | 12 | $31M* |
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.