Industrial and Commercial Bank of China
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.
Industrial and Commercial Bank of China's 5 buildings in these plans are mostly in Queens (4 of 5), then Manhattan, all new construction, typically 36–78 units, offered at an average $891K per unit. Check size: $15M typical (the median of 5 loans whose size the plan states or ACRIS records), from $9.2M to $305M.
- Buildings
- 5
- Residential units
- 281
- Typical check
- $15M
- Years
- 2015–2023
Pro · Advanced analysis
Recent Growth
Industrial and Commercial Bank of China'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 5 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 0 | — |
| 2024 | 0 | — |
| 2023 | 1 | 78 |
| 2022 | 0 | — |
| 2021 | 0 | — |
Latest: Arcadia Woodside Condominium, accepted Sep 5, 2023.
Strongest Relationships
The firms named most often on the same buildings as Industrial and Commercial Bank of China, at least 2 in common.
Developers
- Ampiera Group2 shared buildings · 40% of Industrial and Commercial Bank of China's · 2017–2023
Architects
- MY Architect2 shared buildings · 40% of Industrial and Commercial Bank of China's · 2017–2023
Property managers
- Makon Management, LLC2 shared buildings · 40% of Industrial and Commercial Bank of China's · 2017–2023
From the same offering plans as the table below. A firm's own affiliates aren't counted.
Pro
The rest is for subscribers
Subscribe to see the full page, along with the rest of our charts and analysis.
| Condominium | Accepted | Units | Loan |
|---|---|---|---|
| Arcadia Woodside Condominium40-22 61st Street · Queens · new constructionNamed as Industrial and Commercial Bank of China (USA) NA · Sponsor: 4061 Street, LLC · Named on p. 13 ↗ | 2023 | 78 | $29.7M* |
| Arcadia Lic24-12 42nd Road · Queens · new constructionNamed as Industrial and Commercial Bank of China (USA) NA · Sponsor: 38 Crescent, LLC · Named on p. 13 ↗ | 2017 | 36 | $15M* |
| 27-05 Condominium27-05 41st Avenue · Queens · new constructionNamed as Industrial and Commercial Bank of China (USA) NA · Sponsor: River Bridge Tower LLC · Named on p. 12 ↗ | 2017 | 44 | $13M* |
| Red Maple Condominium132-06 Maple Avenue · Queens · new constructionRecorded as Industrial and Commercial Bank of China (usa) · Sponsor: 132-10 Maple LLC** · Recorded in ACRIS ↗ | 2017 | 24 | $9.2M* |
| 100 East 53rd Street Condominium100 East 53rd Street · Manhattan · new constructionRecorded as Industrial and Commercial Bank of China and Industrial and Commercial Bank of China (usa) · Sponsor: 610 Lexington Property LLC · Recorded in ACRIS ↗ | 2015 | 99 | $305M* |
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.