Pacific Western Bank
Named as the sponsor's construction lender in 8 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.
Pacific Western Bank's 8 buildings in these plans are spread across Manhattan (4), Brooklyn (4), 88% new construction, typically 30–48 units, offered at an average $1.9M per unit. Check size: $29M typical (the median of 7 loans whose size the plan states or ACRIS records), from $18.1M to $51.4M.
- Buildings
- 8
- Residential units
- 276
- Typical check
- $29M
- Years
- 2015–2020
Pro · Advanced analysis
Recent Growth
Pacific Western 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 8 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: 128 West 23rd Street Condominium Aka Graydon Chelsea, accepted Jul 10, 2020.
Strongest Relationships
The firms named most often on the same buildings as Pacific Western Bank, at least 2 in common.
Sponsor's counsel
- D'Agostino, Levine, Landesman & Lederman, LLP3 shared buildings · 38% of Pacific Western Bank's · 2015–2020
- Starr Associates LLP2 shared buildings · 25% of Pacific Western Bank's · 2017–2020
Sales teams
- Halstead Property Development Marketing2 shared buildings · 25% of Pacific Western Bank's · 2015–2020
Property managers
- FirstService Residential New York, Inc.5 shared buildings · 63% of Pacific Western Bank's · 2015–2020
Tax consultants
- Marcus & Pollack2 shared buildings · 25% of Pacific Western Bank's · 2017–2020
- Metropolitan Realty Exemptions2 shared buildings · 25% of Pacific Western Bank's · 2016
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 |
|---|---|---|---|
| 128 West 23rd Street Condominium Aka Graydon Chelsea128-130 West 23rd Street · Manhattan · new constructionSponsor: Gramercy 128 West, LLC · Named on p. 6 ↗ | 2020 | 30 | $36.7M* |
| Avant531-533 East 12th Street · Manhattan · conversionSponsor: Ds 531 E. 12th Owner LLC · Recorded in ACRIS ↗ | 2020 | 26 | $19.5M* |
| 856 Washington Avenue Condominium856 Washington Avenue · Brooklyn · new constructionSponsor: 856 Washington Owner LLC · Recorded in ACRIS ↗ | 2018 | 26 | $27.5M* |
| 211 Schermerhorn Condominium211 Schermerhorn Street · Brooklyn · new constructionSponsor: 211 Schermerhorn Development LLC · Named on p. 104 ↗ | 2017 | 48 | $51.4M* |
| Vitre Condominium302 East 96th Street · Manhattan · new constructionSponsor: Wwml96 De, LLC · Named on p. 7 ↗ | 2016 | 48 | $43.1M |
| 610 Warren Street Condominium610 Warren Street · Brooklyn · new constructionSponsor: 610 Warren Property, LLC · Named on p. 15 ↗ | 2016 | 31 | $18.1M* |
| 308 North 7th Street Condominium302-308 North 7th Street · Brooklyn · new constructionSponsor: N7 Owner, LLC · Recorded in ACRIS ↗ | 2015 | 37 | $29M* |
| Sorting House Condominium318 West 52nd Street · Manhattan · new constructionSponsor: Rc 51 Development LLC · Named on p. 74 ↗ | 2015 | 30 | — |
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.