First Niagara Bank
Named as the sponsor's construction lender in 7 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.
First Niagara Bank's 7 buildings in these plans are mostly in Brooklyn (6 of 7), then Queens, all new construction, typically 5–9 units, offered at an average $1.8M per unit. Check size: $7.1M typical (the median of 3 loans whose size the plan states or ACRIS records), from $7M to $15.3M.
- Buildings
- 7
- Residential units
- 67
- Typical check
- $7.1M
- Years
- 2012–2019
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Recent Growth
First Niagara Bank'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 7 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: 757 Bergen Street Condominium, accepted Mar 11, 2019.
Strongest Relationships
The firms named most often on the same buildings as First Niagara Bank, at least 2 in common.
Sponsor's counsel
- D'Agostino, Levine, Landesman & Lederman, LLP4 shared buildings · 57% of First Niagara Bank's · 2016–2017
- Jeffrey Zwick & Associates, P.C.2 shared buildings · 29% of First Niagara Bank's · 2018–2019
Tax consultants
- Metropolitan Realty Exemptions2 shared buildings · 29% of First Niagara Bank's · 2018–2019
From the same offering plans as the table below. A firm's own affiliates aren't counted.
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| Condominium | Accepted | Units | Loan |
|---|---|---|---|
| 757 Bergen Street Condominium757 Bergen Street · Brooklyn · new constructionNamed as First Niagara Bank, NA · Sponsor: 757 Bergen Jv2 LLC · Named on p. 16 ↗ | 2019 | 3 | — |
| 539 4th Street Condominium539 4th Street · Brooklyn · new constructionNamed as First Niagara Bank, NA · Sponsor: 4st Park Slope Development LLC · Named on p. 72 ↗ | 2018 | 8 | $7M* |
| 66 North 3rd Street Condominium66 North 3rd Street · Brooklyn · new constructionSponsor: 66n3 Owner LLC · Recorded in ACRIS ↗ | 2017 | 5 | — |
| 62 North 3rd Street Condominium62 North 3rd Street · Brooklyn · new constructionSponsor: 66n3 Owner LLC · Recorded in ACRIS ↗ | 2017 | 8 | — |
| 171 South Portland Avenue Condominium171 South Portland Avenue · Brooklyn · new constructionSponsor: Fort Greene Homes LLC · Recorded in ACRIS ↗ | 2016 | 9 | $15.3M* |
| 164 South Oxford Street Condominium164 South Oxford Street · Brooklyn · new constructionNamed as First Niagara Bank, N.A. · Sponsor: Fort Greene Homes LLC · Named on p. 110 ↗ | 2016 | 7 | — |
| Five27 Condominium5-27 51st Avenue · Queens · new constructionSponsor: 5-21 Lot Owner LLC · Recorded in ACRIS ↗ | 2012 | 27 | $7.1M* |
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.