THE CONDO BOOK PROJECT

Global Bank

Named as the sponsor's construction lender in 2 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.

Global Bank's 2 buildings in these plans are spread across Brooklyn (1), Queens (1), all new construction, 16 units at the middle, offered at an average $912K per unit. One loan's size is known: $10.8M.

Buildings
2
Residential units
32
Typical check
$10.8M
Years
2020–2022
ManhattanBrooklynQueensBronxStaten Island 3031 Brighton 5th Street Condominium, 3031 Brighton 5th StreetBay Park Condominium, 214-11 35th Street

Pro · Advanced analysis

Recent Growth

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

0 buildings accepted in 2024–2026 (2026 to date), against 1 in 2021–2023. 0% of all 2 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
20250—
20240—
20230—
2022116
20210—

Latest: 3031 Brighton 5th Street Condominium, accepted Mar 14, 2022.

Strongest Relationships

No other firm is named with Global Bank on more than one building yet.

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

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CondominiumAcceptedUnitsLoan
3031 Brighton 5th Street Condominium3031 Brighton 5th Street · Brooklyn · new constructionNamed as Amerasia Bank and Global Bank · Sponsor: Richard & Uncle 3031, LLC** · Named on p. 86 ↗202216—
Bay Park Condominium214-11 35th Street · Queens · new constructionSponsor: 35 Ave Bay Inc · Recorded in ACRIS ↗202016$10.8M*

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.