THE CONDO BOOK PROJECT

New York Life Insurance Company

Named as the sponsor's construction lender in 2 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.

New York Life Insurance Company's 2 buildings in these plans are all in Manhattan, all new construction, 26 units at the middle, offered at an average $2.3M per unit. One loan's size is known: $130M.

Buildings
2
Residential units
52
Typical check
$130M
Years
2004–2006
ManhattanBrooklynQueensBronxStaten Island Fifth And Fifty-Fifth Condominium Suites, Two East 55th Street50 Orchard Street Condominium, 48-52 Orchard Street

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Recent Growth

New York Life Insurance Company'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 2 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
20250—
20240—
20230—
20220—
20210—

Latest: Fifth And Fifty-Fifth Condominium Suites, accepted Feb 15, 2006.

Strongest Relationships

No other firm is named with New York Life Insurance Company 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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CondominiumAcceptedUnitsLoan
Fifth And Fifty-Fifth Condominium SuitesTwo East 55th Street · Manhattan · new constructionSponsor: Fifth Avenue Hotel Suites LLC · Recorded in ACRIS ↗200624$130M*
50 Orchard Street Condominium48-52 Orchard Street · Manhattan · new constructionSponsor: 50 Orchard Associates LLC · Recorded in ACRIS ↗200428—

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.