THE CONDO BOOK PROJECT

CPC Funding Spe 1

Named as the sponsor's construction lender in 7 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.

CPC Funding Spe 1's 7 buildings in these plans are mostly in Manhattan (4 of 7), then Queens, 43% conversion, typically 1–9 units, offered at an average $104K per unit. Check size: $9M typical (the median of 5 loans whose size the plan states or ACRIS records), from $3.5M to $91.1M.

Buildings
7
Residential units
41
Typical check
$9M
Years
2018–2025
ManhattanBrooklynQueensBronxStaten Island 165 West 80th Street Owners Housing Development Fund Corporation, 165 West 80th Street3-11 27th Avenue Condominium, 3-11 27th Avenue428 East 148th Street Conodminium, 428 East 148th Street816 Wsj Condominium, 816 Washington Avenue321 West 116th Street Housing Development Fund Corporation, 321 West 116th StreetElsie O. Browns Legacy Housing Development Fund Corporation, 357 West 115th Street640 Riverside Housing Development Fund Corporation, 640 Riverside Drive

Pro · Advanced analysis

Recent Growth

CPC Funding Spe 1's buildings and units by year for the last 6 years, and whether the pace is rising or falling.

1 building accepted in 2024–2026 (2026 to date), against 1 in 2021–2023: level. 25% of all 4 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
2025129
20240—
20230—
202211
20210—

Latest: 165 West 80th Street Owners Housing Development Fund Corporation, accepted Oct 28, 2025. 3 plans without an acceptance date aren't counted.

Strongest Relationships

The firms named most often on the same buildings as CPC Funding Spe 1, at least 2 in common.

Sponsor's counsel

From the same offering plans as the table below. A firm's own affiliates aren't counted.

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CondominiumAcceptedUnitsLoan
165 West 80th Street Owners Housing Development Fund Corporation165 West 80th Street · Manhattan · conversionNamed as CPC Funding SPE 1 LLC · Sponsor: 165 West 80th Street Housing Development Fund Co., Inc. · Named in the plan202529$3.5M
3-11 27th Avenue Condominium3-11 27th Avenue · Queens · new constructionRecorded as CPC Funding Spe 1 LLC · Sponsor: Strategic Capital Metropolitan LLC · Recorded in ACRIS ↗20221$24M*
428 East 148th Street Conodminium428 East 148th Street · Bronx · new constructionRecorded as CPC Funding Spe 1 LLC · Sponsor: 428 Bronx LLC · Recorded in ACRIS ↗20201$9M*
816 Wsj Condominium816 Washington Avenue · Brooklyn · new constructionRecorded as CPC Funding Spe 1 LLC · Sponsor: Sterling Washington, LLC · Recorded in ACRIS ↗20181$4.6M*
321 West 116th Street Housing Development Fund Corporation321 West 116th Street · Manhattan · conversionRecorded as CPC Funding Spe 1 LLC · Sponsor: Genesis Ancp Morningside LLC · Recorded in ACRIS ↗—9—
Elsie O. Browns Legacy Housing Development Fund Corporation357 West 115th Street · Manhattan · conversionRecorded as CPC Funding Spe 1 LLC · Sponsor: Genesis Ancp Morningside LLC · Recorded in ACRIS ↗—0—
640 Riverside Housing Development Fund Corporation640 Riverside Drive · Manhattan · rehabRecorded as CPC Funding Spe 1 LLC · Sponsor: Gp-Uhab Housing Development Fund Corporation · Recorded in ACRIS ↗—0$91.1M*

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.