New York State Housing Finance Agency
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.
New York State Housing Finance Agency's 5 buildings in these plans are all in Manhattan, 80% new construction, typically 56–285 units, offered at an average $2.4M per unit. Check size: $223.6M typical (the median of 3 loans whose size the plan states or ACRIS records), from $116.5M to $336M.
- Buildings
- 5
- Residential units
- 838
- Typical check
- $223.6M
- Years
- 2016–2021
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Recent Growth
New York State Housing Finance Agency'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 | 0 | — |
| 2022 | 0 | — |
| 2021 | 1 | 290 |
Latest: Solaire, accepted Sep 17, 2021.
Strongest Relationships
The firms named most often on the same buildings as New York State Housing Finance Agency, at least 2 in common.
Developers
- GID Development Group3 shared buildings · 60% of New York State Housing Finance Agency's · 2017
Architects
- Hill West Architects3 shared buildings · 60% of New York State Housing Finance Agency's · 2017
Sponsor's counsel
- Kramer Levin Naftalis & Frankel, LLP4 shared buildings · 80% of New York State Housing Finance Agency's · 2016–2017
Sales teams
- Corcoran Sunshine Marketing Group5 shared buildings · 100% of New York State Housing Finance Agency's · 2016–2021
Tax consultants
- Stroock & Stroock & Lavan3 shared buildings · 60% of New York State Housing Finance Agency's · 2017
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 |
|---|---|---|---|
| Solaire20 River Terrace · Manhattan · conversionSponsor: River Terrace Associates, LLC** · Named on p. 142 ↗ | 2021 | 290 | $116.5M |
| Three Waterline Square Condominium635 West 59th Street · Manhattan · new constructionNamed as New York State Housing Finance Agency and Wells Fargo Bank, National Association · Sponsor: Rcb4 Residential For Sale LLC · Named on p. 759 ↗ | 2017 | 47 | $223.6M* |
| One Waterline Square Condominium10 Riverside Boulevard · Manhattan · new constructionNamed as New York State Housing Finance Agency and Wells Fargo Bank, National Association · Sponsor: Rcb3 Residential For Sale LLC · Named on p. 768 ↗ | 2017 | 56 | $336M* |
| Two Waterline Square Condominium30 Riverside Boulevard · Manhattan · new constructionNamed as New York State Housing Finance Agency and Wells Fargo Bank, National Association · Sponsor: Rcb1 Residential For Sale LLC · Named on p. 774 ↗ | 2017 | 160 | — |
| 15 Hudson Yards Condominium15 Hudson Yards · Manhattan · new constructionSponsor: Ery South Residential Tower LLC · Named on p. 20 ↗ | 2016 | 285 | — |
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.