THE CONDO BOOK PROJECT

Secured Management

Named as the company behind the sponsor in 2 New York City condominium offering plans, in the plan's text; each building below cites the page (or, where the plan doesn't name the firm, the web source reporting it). The sponsor, which develops and sells the condominium, is usually a company formed for the one building.

Buildings
2
Residential units
20
Average $/unit
$1.85 million
Years
2025–2026
ManhattanBrooklynQueensBronxStaten Island 178 Throop Avenue Condominium, 178 Throop Avenue376 Vernon Avenue Condominium, 376 Vernon Avenue

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Recent Growth

Secured Management's buildings and units by year for the last 6 years, and whether the pace is rising or falling.

2 buildings accepted in 2024–2026 (2026 to date), against 0 in 2021–2023. 100% of all 2 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date17
2025113
20240—
20230—
20220—
20210—

Latest: 178 Throop Avenue Condominium, accepted May 29, 2026.

Strongest Relationships

The firms named most often on the same buildings as Secured Management, at least 2 in common.

Sponsor's counsel

Property managers

General contractors

  • Ys Developers2 shared buildings · 100% of Secured Management's · 2025–2026

From the same offering plans as the table below. A firm's own affiliates aren't counted.

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CondominiumAcceptedUnits$/unit
178 Throop Avenue Condominium178 Throop Avenue · Brooklyn · new constructionSponsor: 178 Throop Avenue Trust · Principals: Yitzchok Schwartz · Named on p. 120 ↗20267$2 million
376 Vernon Avenue Condominium376 Vernon Avenue · Brooklyn · new constructionSponsor: Vernon Plaza Ii LLC · Principals: Yitzchak Schwartz · Named on p. 128 ↗202513$1.7 million

$/unit is the offering price on the AG record divided by the residential units; the average is across the plans with both. Different spellings of one company's name are counted together.