Magnetic 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
- 139
- Average $/unit
- $1.14 million
- Years
- 2008–2009
Pro · Advanced analysis
Recent Growth
Magnetic Construction'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 5 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 0 | — |
| 2024 | 0 | — |
| 2023 | 0 | — |
| 2022 | 0 | — |
| 2021 | 0 | — |
Latest: Modern 23 Condominium, accepted Dec 15, 2009.
Strongest Relationships
The firms named most often on the same buildings as Magnetic Construction, at least 2 in common.
Sponsor's counsel
- Sonnenschein, Sherman & Deutsch, LLP2 shared buildings · 40% of Magnetic Construction's · 2009
Sales teams
- The Developers Group2 shared buildings · 40% of Magnetic Construction's · 2009
Tax consultants
- The Mazursky Group2 shared buildings · 40% of Magnetic Construction's · 2009
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 |
|---|---|---|---|
| Modern 23 Condominium350-352 West 23rd Street · Manhattan · new constructionNamed as Magnetic Construction Group Corp · Sponsor: 350-352 West 23, LLC · DOB job 104349821 ↗ · permits 2006 | 2009 | 15 | $2.31 million |
| 70 Berry Street Condominium70 Berry Street · Brooklyn · new constructionNamed as Magnetic Construction Corp · Sponsor: Essex Berry Street, LLC · DOB job 302169588 ↗ · permits 2009 | 2009 | 38 | $655,000 |
| 69 Berry Street Condominium69 Berry Street F/K/A 128 N 10th Street · Brooklyn · new constructionNamed as Magnetic Construction Corp · Sponsor: Essex North 10th, LLC · DOB job 302168259 ↗ · permits 2009 | 2009 | 6 | $607,500 |
| C 560 Condominium560 Carroll Street · Brooklyn · new constructionNamed as Magnetic Construction Corp · Sponsor: 560 Carroll Street, LLC · DOB job 302005620 ↗ · permits 2009 | 2009 | 41 | $723,963 |
| 20 Henry Street Condominium20 Henry Street · Brooklyn · new constructionNamed as Magnetic Construction Group, Co. · Sponsor: Cjuf Iii 20 Henry Property LLC · DOB job 310052206 ↗ · permits 2008 | 2008 | 39 | $1.41 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.