THE CONDO BOOK PROJECT

Lic Development Holdings

Held the general construction permit on the New Building job for 4 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
4
Residential units
24
Average $/unit
$1.15 million
Years
2018–2020
ManhattanBrooklynQueensBronxStaten Island Astral Condominium, 11 Conselyea StreetVernon Ii Condominium, 528 47th AvenueVernon Iii Condominium, 5-30 47th AvenueVernon I Condominium, 5-26 47th Avenue

Pro · Advanced analysis

Recent Growth

Lic Development Holdings'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: Astral Condominium, accepted Jan 23, 2020.

Strongest Relationships

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

Architects

Sponsor's counsel

Tax consultants

  • MGNY Consulting4 shared buildings · 100% of Lic Development Holdings's · 2018–2020

Construction lenders

  • Flushing Bank3 shared buildings · 75% of Lic Development Holdings's · 2018

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

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CondominiumAcceptedUnits$/unit
Astral Condominium11 Conselyea Street · Brooklyn · new constructionSponsor: Conselyea Development LLC · DOB job 320591178 ↗ · permits 201920206$1.15 million
Vernon Ii Condominium528 47th Avenue · Queens · new constructionSponsor: 528 47th Development LLC · DOB job 420559559 ↗ · permits 201820186$1.2 million
Vernon Iii Condominium5-30 47th Avenue · Queens · new constructionSponsor: 530 47th Development LLC · DOB job 420559568 ↗ · permits 201820186$1.12 million
Vernon I Condominium5-26 47th Avenue · Queens · new constructionSponsor: 526 47th Development LLC · DOB job 420559540 ↗ · permits 201820186$1.12 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.