Progressive Credit Union
Named as the sponsor's construction lender in 3 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.
Progressive Credit Union's 3 buildings in these plans are all in Brooklyn, all new construction, 1 units at the middle. Check size: $3.4M typical (the median of 2 loans whose size the plan states or ACRIS records), from $2.5M to $4.3M.
- Buildings
- 3
- Residential units
- 3
- Typical check
- $3.4M
- Years
- 2013–2014
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Recent Growth
Progressive Credit Union'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 accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 0 | — |
| 2024 | 0 | — |
| 2023 | 0 | — |
| 2022 | 0 | — |
| 2021 | 0 | — |
Latest: 2825 West 16th Street Condominium, accepted Nov 25, 2014. 1 plan without an acceptance date isn't counted.
Strongest Relationships
The firms named most often on the same buildings as Progressive Credit Union, at least 2 in common.
Sponsor's counsel
- Tsyngauz & Associates, P.C.2 shared buildings · 67% of Progressive Credit Union's · 2013–2014
General contractors
- Nadkos2 shared buildings · 67% of Progressive Credit Union's · 2013–2014
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 |
|---|---|---|---|
| 2825 West 16th Street Condominium2825 West 16th Street · Brooklyn · new constructionSponsor: 2825 West 16 Street, LLC · Recorded in ACRIS ↗ | 2014 | 1 | $4.3M* |
| 480 Stratford Condominium480 Stratford Road · Brooklyn · new constructionSponsor: 480 Strattford Partners, LLC · Recorded in ACRIS ↗ | 2013 | 1 | $2.5M* |
| 490 Myrtle Avenue Condominium484-502 Myrtle Ave · Brooklyn · new constructionSponsor: Cf 484 LLC And 490 Myrtle Residential Owner LLC · Recorded in ACRIS ↗ | — | 1 | — |
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.