THE CONDO BOOK PROJECT

L1c

Held the general construction permit on the New Building job for 3 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
3
Residential units
140
Average $/unit
$1.56 million
Years
2019–2020
ManhattanBrooklynQueensBronxStaten Island 58 Saint Marks Place Condominium, 58 Saint Marks Place10 Lenox Avenue Condominium, 10 Lenox Avenue496-498 Prospect Place Condominium, 496-498 Prospect Place

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Recent Growth

L1c'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 3 dated buildings are from the last 3 years.

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

Latest: 58 Saint Marks Place Condominium, accepted Aug 10, 2020.

Strongest Relationships

The firms named most often on the same buildings as L1c, at least 2 in common.

Architects

Sponsor's counsel

Tax consultants

Construction lenders

  • Bank Leumi2 shared buildings · 67% of L1c's · 2019–2020

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

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CondominiumAcceptedUnits$/unit
58 Saint Marks Place Condominium58 Saint Marks Place · Brooklyn · new constructionNamed as L1c Corp · Sponsor: 4th Avenue Development Owner LLC · DOB job 321386175 ↗ · permits 2019–20222020105$1.91 million
10 Lenox Avenue Condominium10 Lenox Avenue · Manhattan · new constructionNamed as L1c Corp · Sponsor: 10 Lenox Development Ventures LLC · DOB job 122956578 ↗ · permits 2017–2019201929$1.34 million
496-498 Prospect Place Condominium496-498 Prospect Place · Brooklyn · new constructionNamed as L1c Corp · Sponsor: Prospect One LLC · DOB job 321192366 ↗ · permits 2017–201820196$1.44 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 contractor's name are counted together.