Fung Tai Construction
Held the general construction permit on the New Building job for 5 New York City condominiums, as the Department of Buildings records it. Each building below links its DOB job. A contractor replaced partway through still counts for the building.
- Buildings
- 5
- Residential units
- 43
- Average $/unit
- $891,765
- Years
- 2021–2024
Pro · Advanced analysis
Recent Growth
Fung Tai Construction's buildings and units by year for the last 6 years, and whether the pace is rising or falling.
1 building accepted in 2024–2026 (2026 to date), against 4 in 2021–2023: down 75%. 20% of all 5 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 0 | — |
| 2024 | 1 | 11 |
| 2023 | 0 | — |
| 2022 | 1 | 6 |
| 2021 | 3 | 26 |
Latest: 1755 Benson Avenue Condominium, accepted Jun 25, 2024.
Strongest Relationships
The firms named most often on the same buildings as Fung Tai Construction, at least 2 in common.
Architects
- Harry Hong3 shared buildings · 60% of Fung Tai Construction's · 2021–2022
Sponsor's counsel
- Thomas E. Berinato, Attorney At Law3 shared buildings · 60% of Fung Tai Construction's · 2021–2022
- The Law Office Of Claudia V. Murdoch, P.C.2 shared buildings · 40% of Fung Tai Construction's · 2021–2024
Tax consultants
- Thomas E. Berinato3 shared buildings · 60% of Fung Tai Construction's · 2021–2022
From the same offering plans as the table below. A firm's own affiliates aren't counted.
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| Condominium | Accepted | Units | $/unit |
|---|---|---|---|
| 1755 Benson Avenue Condominium1755 Benson Avenue · Brooklyn · new constructionNamed as Fung Tai Construction Inc · Sponsor: Silver Bay Realty, LLC · DOB job 321440437 ↗ · permits 2021–2022 | 2024 | 11 | $671,145 |
| 217 Bay 49th Street Condominium217 Bay 49th Street · Brooklyn · new constructionNamed as Fung Tai Construction Inc · Sponsor: 217 Bay 49 St LLC · DOB job 321195158 ↗ · permits 2018 | 2022 | 6 | $552,408 |
| 8154 Bay 16th Street Condominium8154 Bay 16th Street · Brooklyn · new constructionNamed as Fung Tai Construction Inc · Sponsor: Shion Capital, LLC · DOB job 321190778 ↗ · permits 2017–2020 | 2021 | 6 | $865,167 |
| 16 Bay 25th Street Condominium16 Bay 25th Street · Brooklyn · new constructionNamed as Fung Tai Construction Inc · Sponsor: Bay 25 Development LLC · DOB job 320908924 ↗ · permits 2017–2020 | 2021 | 10 | $1.48 million |
| Ridge Park Condominium7504 Bay Parkway · Brooklyn · new constructionNamed as Fung Tai Construction Inc · Sponsor: The Ridge Park LLC · DOB job 321193588 ↗ · permits 2018 | 2021 | 10 | $888,000 |
$/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 contractor's name are counted together.