THE CONDO BOOK PROJECT

Faith Condominium

446 West 34th Street, Manhattan, NY 10001

Overview

Units
0 residential · 4 commercial
Subway
4 min walk to 34 St-Hudson Yards 734 St-Penn Station A C E, 5 min
Principals
Jung Ling Chen (a/k/a Mason Chen)
Offering price
$13 million total

The sponsor of record is Greenpoint Consultants LLC, represented by Hc Law & Associates, P.C.. The offering plan runs 311 pages. The sponsor has filed 1 amendment, the latest in April 2022. The nearest other condo plan on file is Sorin, 0.1 mi away.

Plan CD210070 · New · accepted Mar 14, 2022 · AG record ↗

Closings Pro

Homes closed0 of 0

Sales recorded with the Department of Finance (ACRIS) through Aug 31, 2023: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

Pro

Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
Greenpoint Consultants LLC
Principals
Jung Ling Chen (a/k/a Mason Chen)
Tax estimate
Mazursky GroupPrepared the first-year real estate tax projection

From our research: Do NYC Developers Rehire the Same Firms?

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