Independence Community Bank
Named as the sponsor's construction lender in 11 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.
Independence Community Bank's 11 buildings in these plans are spread across Brooklyn (5), Manhattan (3), Queens (2), 82% new construction, typically 10–46 units, offered at an average $4.6M per unit. Check size: $8.7M typical (the median of 8 loans whose size the plan states or ACRIS records), from $3.1M to $30.6M.
- Buildings
- 11
- Residential units
- 318
- Typical check
- $8.7M
- Years
- 2005–2011
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Recent Growth
Independence Community 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 11 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: 1912 Avenue H Condominium, accepted Sep 6, 2011.
Strongest Relationships
No other firm is named with Independence Community 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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| Condominium | Accepted | Units | Loan |
|---|---|---|---|
| 1912 Avenue H Condominium1912 Avenue H & 839 East 19th Street · Brooklyn · conversionSponsor: 1912 Avenue H LLC · Recorded in ACRIS ↗ | 2011 | 40 | $3.1M* |
| 65 Ainslie Street Condominium65 Ainslie Street · Brooklyn · new constructionSponsor: Keap Street Holdings, LLC · Recorded in ACRIS ↗ | 2010 | 46 | — |
| 166 Montague Condominium166 Montague Street · Brooklyn · new constructionRecorded as Independence Communtiy Bank · Sponsor: Montague Realty, LLC · Recorded in ACRIS ↗ | 2008 | 24 | $6.3M* |
| Atrium Ii Condominium1240 & 1244 Avenue X · Brooklyn · new constructionSponsor: Avenue X Partners, LLC · Recorded in ACRIS ↗ | 2008 | 6 | — |
| Riverstone Condominium F/K/A Arlington Suites3220 Arlington Ave · Bronx · new constructionSponsor: Arlington Suites, LLC** · Named on p. 20 ↗ | 2007 | 26 | $15.8M* |
| 10 East 18th Street Condominium7 East 17th Street & 10 E. 18th Street · Manhattan · conversionSponsor: Westside Units 17th St. LLC*** · Recorded in ACRIS ↗ | 2006 | 10 | $9.5M* |
| Queens Plaza Condominium /41-26 27th St41-26 27th Street · Queens · new constructionSponsor: 41-26 27th Street LLC · Recorded in ACRIS ↗ | 2006 | 66 | $30.6M* |
| 7620 Bay Parkway Condominium7620 & 7624 Bay Parkway · Brooklyn · new constructionSponsor: Bay Five Realty LLC · Recorded in ACRIS ↗ | 2006 | 18 | $7.9M* |
| 80 South Street Tower Condominium80 South Street · Manhattan · new constructionSponsor: 80 South Street Tower , LLC · Recorded in ACRIS ↗ | 2005 | 10 | — |
| Glendale Condominium76-08 And 76-18 69th Street · Queens · new constructionSponsor: Glendale Associates LLC · Recorded in ACRIS ↗ | 2005 | 68 | $20.5M* |
| Rose Condominium124 East 13th Street · Manhattan · new constructionSponsor: Remco LLC · Recorded in ACRIS ↗ | 2005 | 4 | $5.5M* |
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.