THE CONDO BOOK PROJECT

East West Bank

Named as the sponsor's construction lender in 12 New York City condominium offering plans, in the plan's text, where the sponsor says it has obtained its construction loan or financing, or, where the plan doesn't name one, as the lender on the mortgage and building loan agreement recorded in ACRIS on the building's lot before the plan was accepted. Each building below links the plan page or the recorded document. Where an amendment names a new lender, that lender is counted.

East West Bank's 12 buildings in these plans are mostly in Brooklyn (7 of 12), then Manhattan, 92% new construction, typically 6–48 units, offered at an average $3M per unit. Check size: $15.1M typical (the median of 10 loans whose size the plan states or ACRIS records), from $1.6M to $51.1M.

Buildings
12
Residential units
232
Typical check
$15.1M
Years
2012–2024
ManhattanBrooklynQueensBronxStaten Island 229 Withers Street Condominium, 229 Withers Street174 North 6th Street Condominium, 174 North 6th Street171 North First Street Condominium, 171 North First StreetLucky NY Condominium, 36-16 170th Street21 North Henry Street Condominium, 21 North Henry StreetGrand Nassau Condominium, 278 Nassau Avenue184 Russell Condominium, 184 Russell Street500 Waverly Condominium, 500 Waverly Avenue211 West 14th Street Condominium, 211 West 14th Street52 Wooster Street Condominium, 52 Wooster Street234 East 23rd Street Condominium, 234-238 East 23rd Street111 Mercer Condominium, 111 Mercer Street

Pro · Advanced analysis

Recent Growth

East West Bank's buildings and units by year for the last 6 years, and whether the pace is rising or falling.

2 buildings accepted in 2024–2026 (2026 to date), against 2 in 2021–2023: level. 17% of all 12 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
20250—
2024220
2023157
202216
20210—

Latest: 229 Withers Street Condominium, accepted Nov 18, 2024.

Strongest Relationships

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

Architects

Sponsor's counsel

Tax consultants

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

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CondominiumAcceptedUnitsLoan
229 Withers Street Condominium229 Withers Street · Brooklyn · new constructionSponsor: 229 Withers Street LLC · Named on p. 4 ↗202414—
174 North 6th Street Condominium174 North 6th Street · Brooklyn · new constructionSponsor: 174 N6 Treasure LLC · Named on p. 23 ↗20246$2.9M*
171 North First Street Condominium171 North First Street · Brooklyn · new constructionSponsor: 171 North First Street LLC · Named on p. 32 ↗202357$34.8M*
Lucky NY Condominium36-16 170th Street · Queens · new constructionSponsor: Lucky NY Realty LLC · Named on p. 5 ↗20226—
21 North Henry Street Condominium21 North Henry Street · Brooklyn · new constructionSponsor: 88 North Henry Realty LLC · Named on p. 7 ↗20206$5M*
Grand Nassau Condominium278 Nassau Avenue · Brooklyn · new constructionSponsor: New Nassau Developments, LLC · Named on p. 4 ↗20197$2.9M*
184 Russell Condominium184 Russell Street · Brooklyn · new constructionSponsor: Russell Realty 88 LLC · Recorded in ACRIS ↗20162$1.6M*
500 Waverly Condominium500 Waverly Avenue · Brooklyn · new constructionSponsor: 500 Waverly Property Owner, L.L.C. · Named on p. 29 ↗201648$31M
211 West 14th Street Condominium211 West 14th Street · Manhattan · new constructionSponsor: 211 West 14th Property Owner, LLC · Recorded in ACRIS ↗201521$42M*
52 Wooster Street Condominium52 Wooster Street · Manhattan · new constructionSponsor: 52 Wooster Holdings LLC · Recorded in ACRIS ↗20154$15.4M*
234 East 23rd Street Condominium234-238 East 23rd Street · Manhattan · new constructionSponsor: 234-238 E. 23rd Property Owner, L.L.C. · Recorded in ACRIS ↗201457$51.1M*
111 Mercer Condominium111 Mercer Street · Manhattan · rehabSponsor: Mercer 111 Retail, LLC · Recorded in ACRIS ↗20124$14.7M*

Loan is the construction financing the plan states: its stated total, or the building, project and other loans it lists added up (hover for the parts); a loan only for buying the land isn't counted. Where the plan states no amount, a figure marked * is the mortgage and building loan agreement recorded in ACRIS for the same lender on the building's lot, linked to the document. — means neither has one. The typical check is the median of these loans. A bank that changed its name is counted under its current name. Different spellings of one lender's name are counted together.