Metropolitan National Bank
Named as the sponsor's construction lender in 9 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.
Metropolitan National Bank's 9 buildings in these plans are spread across Brooklyn (4), Manhattan (3), Queens (1), all new construction, typically 5–16 units, offered at an average $1.2M per unit. Check size: $4.4M typical (the median of 6 loans whose size the plan states or ACRIS records), from $1.5M to $33.9M.
- Buildings
- 9
- Residential units
- 258
- Typical check
- $4.4M
- Years
- 2005–2011
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Recent Growth
Metropolitan National 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 9 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: 50 Lispenard Street Condominium, accepted Dec 9, 2011.
Strongest Relationships
No other firm is named with Metropolitan National Bank on more than one building yet.
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 |
|---|---|---|---|
| 50 Lispenard Street Condominium50 Lispenard Street · Manhattan · new constructionSponsor: Pb 50 Lispenard, LLC · Recorded in ACRIS ↗ | 2011 | 5 | — |
| Ridgeview Condominium411 99th Street · Brooklyn · new constructionSponsor: Garg Development, Inc. ** · Recorded in ACRIS ↗ | 2011 | 4 | $1.5M* |
| Star Tower Condominium42-26 28th Street · Queens · new constructionRecorded as Metropolitan National Bank and Israel Discount Bank of New York · Sponsor: 42-26 28th St. LLC · Recorded in ACRIS ↗ | 2008 | 184 | $26.3M* |
| Franklin Terrace Condominium1349 Franklin Avenue · Bronx · new constructionSponsor: Cj Partners, LLC · Recorded in ACRIS ↗ | 2007 | 16 | $2.2M* |
| 200 Church Street Condominium/52 Thomas St.200 Church Street · Manhattan · new constructionRecorded as Metropolitan National Bank and Israel Discount Bank O F New York · Sponsor: 201 Associates, LLC · Recorded in ACRIS ↗ | 2006 | 20 | $33.9M* |
| Space 42 Condominium42 Scholes Street · Brooklyn · new constructionSponsor: Prw Development, LLC · Recorded in ACRIS ↗ | 2006 | 8 | $3.4M* |
| 198 Roebling Street Condominium198 Roebling Street · Brooklyn · new constructionRecorded as Israel Discount Bank of New York and Metropolitan National Bank · Sponsor: 198 Roebling Street, LLC · Recorded in ACRIS ↗ | 2005 | 10 | — |
| Leonora Condominium263 West 112th Street · Manhattan · new constructionSponsor: Gateway I I I, LLC · Recorded in ACRIS ↗ | 2005 | 5 | $5.5M* |
| 210 South 1st Street Condominium210 South 1st Street · Brooklyn · new constructionRecorded as Israel Discount Bank of New York and Metropolitan National Bank · Sponsor: 210 South 1st Street, LLC · Recorded in ACRIS ↗ | 2005 | 6 | — |
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.