THE CONDO BOOK PROJECT

Ray Builders

Held the general construction permit on the New Building job for 7 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
7
Residential units
201
Average $/unit
$2.99 million
Years
2016–2025
ManhattanBrooklynQueensBronxStaten Island 77 Commercial Street Condominium, 77-87 Commercial Street510 Driggs Avenue Condominium, 510 Driggs Avenue36-20 Steinway Street Leasehold Condominium, 36-20 Steinway Street1 River Park Condominium, 336 And 354 Hicks Street5 River Park Condominium, 347 Henry Street161 Maiden Lane Condominium, 161 Maiden Lane2440 Fulton Street Leasehold Condominium, 2440 Fulton St. Aka 1495 Herkimer Street

Pro · Advanced analysis

Recent Growth

Ray Builders'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 1 in 2021–2023: level. 17% of all 6 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
202513
20240—
20230—
20220—
2021144

Latest: 77 Commercial Street Condominium, accepted Feb 6, 2025. 1 plan without an acceptance date isn't counted.

Strongest Relationships

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

Sponsor's counsel

Construction lenders

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

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CondominiumAcceptedUnits$/unit
77 Commercial Street Condominium77-87 Commercial Street · Brooklyn · new constructionNamed as Ray Builders Inc · Sponsor: Waterview Owner LLC · DOB job 320627096 ↗ · permits 2020–202520253—
510 Driggs Avenue Condominium510 Driggs Avenue · Brooklyn · new constructionNamed as Ray Builders Inc · Sponsor: Driggs Partners LLC · DOB job 320912857 ↗ · permits 2020–2023202144$2.88 million
36-20 Steinway Street Leasehold Condominium36-20 Steinway Street · Queens · new constructionNamed as Ray Builders Inc · Sponsor: Steinway Street Investors I Subsidiary LLC · DOB job 420658559 ↗ · permits 2019–202120201—
1 River Park Condominium336 And 354 Hicks Street · Brooklyn · new constructionNamed as Ray Builders Inc · Sponsor: Fpg Ch 350 Hicks, LLC · DOB job 320911091 ↗ · permits 2019–2020201948$2.36 million
5 River Park Condominium347 Henry Street · Brooklyn · new constructionNamed as Ray Builders Inc · Sponsor: Fpg Ch 349 Henry, LLC · DOB job 321189593 ↗ · permits 2018–2024201825$3.32 million
161 Maiden Lane Condominium161 Maiden Lane · Manhattan · new constructionNamed as Ray Builders Inc · Sponsor: Fpg Maiden Lane, LLC · DOB job 121185680 ↗ · permits 2019–2020201680$3.42 million
2440 Fulton Street Leasehold Condominium2440 Fulton St. Aka 1495 Herkimer Street · Brooklyn · new constructionNamed as Ray Builders Inc · Sponsor: 2440 Holdings LLC · DOB job 321589820 ↗ · permits 2022–2026—0—

$/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.