Webster Bank
Named as the sponsor's construction lender in 4 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.
Webster Bank's 4 buildings in these plans are mostly in Queens (3 of 4), then Bronx, all new construction, 18.5 units at the middle, offered at an average $1M per unit. Check size: $30.4M typical (the median of 2 loans whose size the plan states or ACRIS records), from $8.7M to $52M.
- Buildings
- 4
- Residential units
- 37
- Typical check
- $30.4M
- Years
- 2022–2025
Pro · Advanced analysis
Recent Growth
Webster Bank's buildings and units by year for the last 6 years, and whether the pace is rising or falling.
3 buildings accepted in 2024–2026 (2026 to date), against 1 in 2021–2023: up 200%. 75% of all 4 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 1 | 0 |
| 2024 | 2 | 35 |
| 2023 | 0 | — |
| 2022 | 1 | 2 |
| 2021 | 0 | — |
Latest: 1520 Williamsbridge Road Leasehold Condominium, accepted Mar 27, 2025.
Strongest Relationships
The firms named most often on the same buildings as Webster Bank, at least 2 in common.
Sponsor's counsel
- Abrams Fensterman, Fensterman, Et Al, LLP2 shared buildings · 50% of Webster Bank's · 2024–2025
General contractors
- Mega Contracting GP2 shared buildings · 50% of Webster Bank's · 2022–2024
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 |
|---|---|---|---|
| 1520 Williamsbridge Road Leasehold Condominium1520 Williamsbridge Road · Bronx · new constructionSponsor: Samaritan Daytop Village Inc. · Recorded in ACRIS ↗ | 2025 | 0 | $8.7M* |
| Mt. Sinai Msu Leasehold Condominium30-14 Crescent Street · Queens · new constructionSponsor: The Mount Sinai Hospital · Recorded in ACRIS ↗ | 2024 | 0 | — |
| Fabric Astoria 46th Street Condominium22-54 46th Street · Queens · new constructionRecorded as Webstar Bank and First Horizon Bank and The Bank of Greene County · Sponsor: Md45 Developers LLC · Recorded in ACRIS ↗ | 2024 | 35 | $52M |
| Fabric Astoria 45th Street Condominium22-61 45th Street · Queens · new constructionRecorded as Webstar Bank and First Horizon Bank and The Bank of Greene County · Sponsor: Md45 Developers LLC · Recorded in ACRIS ↗ | 2022 | 2 | — |
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.