THE CONDO BOOK PROJECT

The Union Labor Life Insurance Company

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.

The Union Labor Life Insurance Company's 5 buildings in these plans are all in Manhattan, all new construction, typically 16–102 units, offered at an average $4.8M per unit. Check size: $77.8M typical (the median of 4 loans whose size the plan states or ACRIS records), from $40.8M to $180.2M.

Buildings
5
Residential units
451
Typical check
$77.8M
Years
2005–2012
ManhattanBrooklynQueensBronxStaten Island 61 Fifth Avenue Condominium, 61 Fifth Avenue1280 Fifth Condominium, 1280 Fifth Avenue139 Wooster Street Condominium, 139 Wooster StreetOne York Street Condominium, 1 York StreetGramercy Green Condominium, 316 Third Avenue

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Recent Growth

The Union Labor 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 4 dated buildings are from the last 3 years.

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

Latest: 61 Fifth Avenue Condominium, accepted Jun 7, 2012. 1 plan without an acceptance date isn't counted.

Strongest Relationships

No other firm is named with The Union Labor 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
61 Fifth Avenue Condominium61 Fifth Avenue · Manhattan · new constructionSponsor: 61 Fifth Avenue, LLC · Recorded in ACRIS ↗20124—
1280 Fifth Condominium1280 Fifth Avenue · Manhattan · new constructionSponsor: Park View Fifth Avenue Associates, LLC · Recorded in ACRIS ↗2009102$180.2M*
139 Wooster Street Condominium139 Wooster Street · Manhattan · new constructionSponsor: 137 Wooster Street LLC · Recorded in ACRIS ↗200616$40.8M*
One York Street Condominium1 York Street · Manhattan · new constructionSponsor: One York Property, LLC · Recorded in ACRIS ↗200537$82.5M*
Gramercy Green Condominium316 Third Avenue · Manhattan · new constructionSponsor: Third Avenue Developers, LLC · Recorded in ACRIS ↗—292$73M*

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.