Community Federal Savings Bank
Named as the sponsor's construction lender in 3 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.
Community Federal Savings Bank's 3 buildings in these plans are all in Brooklyn, all new construction, 6 units at the middle, offered at an average $534K per unit. Check size: $2.5M typical (the median of 3 loans whose size the plan states or ACRIS records), from $1.9M to $10.6M.
- Buildings
- 3
- Residential units
- 15
- Typical check
- $2.5M
- Years
- 2016–2023
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Recent Growth
Community Federal Savings 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 3 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 0 | — |
| 2024 | 0 | — |
| 2023 | 1 | 1 |
| 2022 | 0 | — |
| 2021 | 0 | — |
Latest: 923 Broadway Condominium, accepted Dec 14, 2023.
Strongest Relationships
The firms named most often on the same buildings as Community Federal Savings Bank, at least 2 in common.
Sponsor's counsel
- Law Offices Of Hershy Itzkowitz, P.C.2 shared buildings · 67% of Community Federal Savings Bank's · 2016–2023
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 |
|---|---|---|---|
| 923 Broadway Condominium923 Broadway · Brooklyn · new constructionSponsor: 923 Broadway Lbb LLC · Recorded in ACRIS ↗ | 2023 | 1 | $10.6M* |
| 389 Sumpter Street Condominium389 Sumpter Street · Brooklyn · new constructionSponsor: 389 Sumpter St LLC · Named on p. 7 ↗ | 2020 | 8 | $1.9M* |
| 114-116 Sandford Street Condominium114-116 Sandford Street · Brooklyn · new constructionSponsor: 114 Sandford , LLC · Recorded in ACRIS ↗ | 2016 | 6 | $2.5M* |
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.