Investors Bank
Named as the sponsor's construction lender in 14 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.
Investors Bank's 14 buildings in these plans are mostly in Brooklyn (9 of 14), then Queens, 64% new construction, typically 9–56 units, offered at an average $855K per unit. Check size: $12M typical (the median of 9 loans whose size the plan states or ACRIS records), from $1.6M to $40.3M.
- Buildings
- 14
- Residential units
- 514
- Typical check
- $12M
- Years
- 2011–2023
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Recent Growth
Investors 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 6 in 2021–2023. 0% of all 12 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 0 | — |
| 2024 | 0 | — |
| 2023 | 1 | 18 |
| 2022 | 3 | 74 |
| 2021 | 2 | 65 |
Latest: 904 Bedford Avenue Condominium, accepted Jan 5, 2023. 2 plans without an acceptance date aren't counted.
Strongest Relationships
The firms named most often on the same buildings as Investors Bank, at least 2 in common.
Developers
- Capri Construction2 shared buildings · 14% of Investors Bank's · 2021
- Park Construction2 shared buildings · 14% of Investors Bank's · 2021
Architects
- Costa Architecture + Engineering2 shared buildings · 14% of Investors Bank's · 2021
Sponsor's counsel
- Certilman Balin Adler & Hyman, LLP2 shared buildings · 14% of Investors Bank's · 2021
- The Law Office Of Jay Lichtman, P.C.2 shared buildings · 14% of Investors Bank's · 2011–2023
Sales teams
- Corcoran2 shared buildings · 14% of Investors Bank's · 2021
Property managers
- Direct Management Corporation2 shared buildings · 14% of Investors Bank's · 2021
Tax consultants
- SJP Tax Consultants2 shared buildings · 14% of Investors Bank's · 2021
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 |
|---|---|---|---|
| 904 Bedford Avenue Condominium904 Bedford Avenue · Brooklyn · rehabSponsor: Bedford Star LLC · Named on p. 4 ↗ | 2023 | 18 | — |
| 316 22nd Street Condominium316 22nd Street · Brooklyn · new constructionSponsor: 316 22nd LLC · Named on p. 9 ↗ | 2022 | 9 | $3M* |
| Kings Place Condominium398 Kings Highway · Brooklyn · new constructionSponsor: Kpz LLC · Recorded in ACRIS ↗ | 2022 | 51 | $12M* |
| 95-97 Grattan Street Condominium95 & 97 Grattan Street · Brooklyn · new constructionNamed as Investor's Bank · Sponsor: 95-97 Grattan Street LLC · Named on p. 22 ↗ | 2022 | 14 | — |
| Novo Lic37-28 30th Street · Queens · new constructionSponsor: 37-26 30th Street LLC · Named on p. 35 ↗ | 2021 | 33 | — |
| Novo I Lic A/K/A Moderna I Condominium37-24 30th Street · Queens · new constructionSponsor: 37-26 30th Street LLC · Named on p. 35 ↗ | 2021 | 32 | — |
| Spencer Street Condominium175 And 192 Spencer Street · Brooklyn · conversionSponsor: Bsp Spencer LLC · Recorded in ACRIS ↗ | 2020 | 82 | $40.3M* |
| Rego Parc Condominium62-98 Woodhaven Boulevard · Queens · new constructionSponsor: 62-98 Realty LLC · Named on p. 10 ↗ | 2019 | 92 | $19.1M |
| Verona Condominium21-17 31st Avenue · Queens · new constructionSponsor: 31st Avenue Associates LLC · Recorded in ACRIS ↗ | 2017 | 56 | $14.5M* |
| 2100 Bedford Avenue Condominium2100 Bedford Avenue · Brooklyn · new constructionSponsor: Prospect Park Properties LLC · Named on p. 16 ↗ | 2017 | 71 | $22.6M* |
| Tryon Views Condominium105 Arden Street · Manhattan · conversionRecorded as Investors Savings Bank · Sponsor: Jbs Realty LLC · Recorded in ACRIS ↗ | 2012 | 48 | $5.9M* |
| 58 North 3rd Street Condominium58 North 3rd Street · Brooklyn · new constructionRecorded as Investors Savings Bank · Sponsor: Ga-Oa LLC · Recorded in ACRIS ↗ | 2011 | 4 | — |
| 134 Manhattan Avenue Condominium134 Manhattan Avenue · Brooklyn · rehabSponsor: 134 Manhattan Ave LLC · Recorded in ACRIS ↗ | — | 2 | $2M* |
| 579 Hart Street Condominium579 Hart Street · Brooklyn · rehabSponsor: 1627 Pacific LLC · Recorded in ACRIS ↗ | — | 2 | $1.6M* |
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.