Santander 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.
Santander Bank's 11 buildings in these plans are mostly in Manhattan (8 of 11), then Queens, 73% new construction, typically 25–75 units, offered at an average $5.1M per unit. Check size: $56.9M typical (the median of 10 loans whose size the plan states or ACRIS records), from $18.7M to $200M.
- Buildings
- 11
- Residential units
- 571
- Typical check
- $56.9M
- Years
- 2014–2019
Pro · Advanced analysis
Recent Growth
Santander 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: Infinity 8 On Cherry Condominium, accepted Dec 10, 2019.
Strongest Relationships
The firms named most often on the same buildings as Santander Bank, at least 2 in common.
Developers
- The Related Companies2 shared buildings · 18% of Santander Bank's · 2015–2016
Architects
- Ismael Leyva Architects2 shared buildings · 18% of Santander Bank's · 2015–2016
Sponsor's counsel
- Kramer Levin Naftalis & Frankel, LLP3 shared buildings · 27% of Santander Bank's · 2014–2016
- Starr Associates LLP3 shared buildings · 27% of Santander Bank's · 2015–2016
- Hirschen Singer & Epstein LLP2 shared buildings · 18% of Santander Bank's · 2015–2018
Sales teams
- Corcoran Sunshine Marketing Group2 shared buildings · 18% of Santander Bank's · 2015–2016
- Douglas Elliman Real Estate2 shared buildings · 18% of Santander Bank's · 2015
- Related Sales2 shared buildings · 18% of Santander Bank's · 2015–2016
Property managers
- Related Management Company, L.P.2 shared buildings · 18% of Santander Bank's · 2015–2016
Tax consultants
- Marcus & Pollack2 shared buildings · 18% of Santander Bank's · 2015–2016
- Tuchman, Korngold, Weiss, Liebman & Lindemann2 shared buildings · 18% of Santander Bank's · 2015–2016
From the same offering plans as the table below. A firm's own affiliates aren't counted.
Pro
The rest is for subscribers
Subscribe to see the full page, along with the rest of our charts and analysis.
| Condominium | Accepted | Units | Loan |
|---|---|---|---|
| Infinity 8 On Cherry Condominium136-04 Cherry Avenue · Queens · conversionSponsor: Cherry Associates LLC · Recorded in ACRIS ↗ | 2019 | 75 | $18.7M* |
| Rennie Condominium2351 Adam Clayton Powell Jr Blvd · Manhattan · new constructionNamed as Santander Bank, N.A. · Sponsor: Brp Renny LLC · Named on p. 27 ↗ | 2018 | 134 | $56.8M* |
| 62-74 Avenue B Condominium62-74 Avenue B · Manhattan · conversionSponsor: Mm 62-74 Avenue B Owner, LLC · Recorded in ACRIS ↗ | 2016 | 81 | $89M* |
| 210 Bowery Condominium210 Bowery Street · Manhattan · new constructionNamed as Santander Bank, N.A. · Sponsor: 210 Bowery LLC · Named on p. 30 ↗ | 2016 | 7 | — |
| 70 Vestry Condominium70 Vestry Street · Manhattan · new constructionNamed as Bank of America, N.A., Citizens Bank, N.A., Santander Bank, N.A. and Israel Discount Bank of New York · Sponsor: Bridge Land Vestry, LLC · Named on p. 17 ↗ | 2016 | 47 | $200M |
| Jackson13-33 Jackson Avenue · Queens · new constructionNamed as Santander Bank, N.A. · Sponsor: 11-51 47th Real LLC · Named on p. 20 ↗ | 2016 | 55 | $25.7M* |
| 100 Avenue A Condominium100 Avenue A · Manhattan · new constructionSponsor: Partners Vii/98 Avenue A Owner LLC · Recorded in ACRIS ↗ | 2016 | 33 | $30M* |
| 514 West 24th Street Condominium514 West 24th Street · Manhattan · new constructionSponsor: 514 West 24th Owner LLC · Recorded in ACRIS ↗ | 2015 | 14 | $57M* |
| 520 West 28th Condominium520 West 28th Street · Manhattan · new constructionNamed as MUFG Union Bank, N.A., Bank of America, N.A. and Santander Bank, N.A. · Sponsor: 28th Highline Associates L.L.C. · Named on p. 17 ↗ | 2015 | 40 | $162M |
| Williamsberry Condominium338 Berry Street, 79 South 5th Street · Brooklyn · rehabSponsor: Berry Street Development Corporation · Named on p. 24 ↗ | 2015 | 60 | $25.5M* |
| Two Ten West 77 Condominium206-210 West 77th Street · Manhattan · new constructionSponsor: 206-210 W. 77th Property Owner, L.L.C. · Recorded in ACRIS ↗ | 2014 | 25 | $80.6M* |
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.