THE CONDO BOOK PROJECT

HSBC Realty Credit Corporation

Named as the sponsor's construction lender in 4 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.

HSBC Realty Credit Corporation's 4 buildings in these plans are mostly in Manhattan (3 of 4), then Brooklyn, all new construction, 18 units at the middle, offered at an average $2.8M per unit. Check size: $26.9M typical (the median of 3 loans whose size the plan states or ACRIS records), from $22.8M to $58.5M.

Buildings
4
Residential units
137
Typical check
$26.9M
Years
2005–2008
ManhattanBrooklynQueensBronxStaten Island Townhouse / 1862 East Second Street Condominium, 1862 East 2nd Street408 Greenwich Street Condominium, 408 Greenwich Street90 William Street, 90 William StreetChelsea Arts Towers Condominium, 545 West 25th Street

Pro · Advanced analysis

Recent Growth

HSBC Realty Credit Corporation'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 4 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
20250—
20240—
20230—
20220—
20210—

Latest: Townhouse / 1862 East Second Street Condominium, accepted Jul 14, 2008.

Strongest Relationships

No other firm is named with HSBC Realty Credit Corporation 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
Townhouse / 1862 East Second Street Condominium1862 East 2nd Street · Brooklyn · new constructionRecorded as HSBC Realty Credit Corporation (usa) · Sponsor: 506 Kings LLC · Recorded in ACRIS ↗200818$26.9M*
408 Greenwich Street Condominium408 Greenwich Street · Manhattan · new constructionSponsor: 408-410 Greenwich Street, LLC · Recorded in ACRIS ↗20076$22.8M*
90 William Street90 William Street · Manhattan · new constructionNamed as HSBC Realty Credit Corporation (USA) · Sponsor: 90 William St. Development Group LLC · Named on p. 10 ↗2007113$58.5M*
Chelsea Arts Towers Condominium545 West 25th Street · Manhattan · new constructionRecorded as HSBC Realty Credit Corporation (usa) · Sponsor: Bass Associates, LLC · Recorded in ACRIS ↗20050—

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.