THE CONDO BOOK PROJECT

Shanghai Commercial Bank

Named as the sponsor's construction lender in 13 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.

Shanghai Commercial Bank's 13 buildings in these plans are mostly in Queens (7 of 13), then Manhattan, 92% new construction, typically 42–80 units, offered at an average $1.5M per unit. Check size: $19.3M typical (the median of 12 loans whose size the plan states or ACRIS records), from $4.8M to $202.5M.

Buildings
13
Residential units
759
Typical check
$19.3M
Years
2007–2023
ManhattanBrooklynQueensBronxStaten Island Tower 28 Condominium, 28-09 39th AvenueNorthern Parc, 144-49 Northern Blvd Aka 144-61 Northern BlvdTangram House West Condominium, 133-36 37th Avenue175 Chrystie Street Condominium, 175 Chrystie StreetParkview Condominium, 131-11 Fowler AvenueSociety House Condominium, 335 West 35th Street150 East 23rd St. Condominium A/K/A Celeste Gramercy, 150-154 East 23rd StreetBay Plaza Condominium, 7516 Bay ParkwayRenaissance Tower, 136-33 37th Avenue171 Henry Street Condominium, 183 East BroadwayArcadia, 42-35 Main StreetRiver Ridge Condominium, 78 Ridge StreetBoulevard Condominium, 81-15 Queens Boulevard

Pro · Advanced analysis

Recent Growth

Shanghai Commercial 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 3 in 2021–2023. 0% of all 13 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
20250—
20240—
2023113
20221172
20211132

Latest: Tower 28 Condominium, accepted Aug 9, 2023.

Strongest Relationships

The firms named most often on the same buildings as Shanghai Commercial Bank, at least 2 in common.

Architects

  • MY Architect2 shared buildings · 15% of Shanghai Commercial Bank's · 2020–2022
  • ODA Architecture2 shared buildings · 15% of Shanghai Commercial Bank's · 2018–2020

Sponsor's counsel

Property managers

  • G Buddy Inc.2 shared buildings · 15% of Shanghai Commercial Bank's · 2020–2022

Tax consultants

From the same offering plans as the table below. A firm's own affiliates aren't counted.

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CondominiumAcceptedUnitsLoan
Tower 28 Condominium28-09 39th Avenue · Queens · new constructionSponsor: Tower 28 LLC · Named on p. 9 ↗202313$4.8M*
Northern Parc144-49 Northern Blvd Aka 144-61 Northern Blvd · Queens · new constructionNamed as Shanghai Commercial Bank, Ltd. · Sponsor: Cw Northern LLC · Named on p. 13 ↗2022172$75M*
Tangram House West Condominium133-36 37th Avenue · Queens · new constructionSponsor: Tangram House West Sponsor LLC · Named on p. 15 ↗2021132$202.5M*
175 Chrystie Street Condominium175 Chrystie Street · Manhattan · new constructionNamed as Shanghai Commercial Bank Ltd. · Sponsor: Acmos On Chrystie LLC · Named on p. 98 ↗202014$16M*
Parkview Condominium131-11 Fowler Avenue · Queens · new constructionNamed as Shanghai Commercial Bank, Ltd. · Sponsor: 131-05 Holding LLC · Named on p. 16 ↗202080$27.8M*
Society House Condominium335 West 35th Street · Manhattan · rehabNamed as Shanghai Commercial Bank LTD · Sponsor: Neo Image Enterprises, LLC & New Tenant, LLC · Named on p. 5 ↗201966—
150 East 23rd St. Condominium A/K/A Celeste Gramercy150-154 East 23rd Street · Manhattan · new constructionNamed as Shanghai Commercial Bank Ltd. · Sponsor: Lkh 23rd, LLC & 154 East 23, LLC · Named in the plan201851$58M*
Bay Plaza Condominium7516 Bay Parkway · Brooklyn · new constructionNamed as Shanghai Commercial Bank LTD. · Sponsor: Great Empire Bay Parkway Realty LLC · Named on p. 13 ↗201844$15M*
Renaissance Tower136-33 37th Avenue · Queens · new constructionSponsor: 136-33 37th Avenue Realty LLC · Recorded in ACRIS ↗20150$18M*
171 Henry Street Condominium183 East Broadway · Manhattan · new constructionRecorded as Shanghai Commerical Bank · Sponsor: Wai Sun Realty LLC · Recorded in ACRIS ↗201520$20.6M*
Arcadia42-35 Main Street · Queens · new constructionSponsor: Winner Properties Limited Partnership · Recorded in ACRIS ↗201279$24M*
River Ridge Condominium78 Ridge Street · Manhattan · new constructionSponsor: East Soho Corp · Recorded in ACRIS ↗200746$10M*
Boulevard Condominium81-15 Queens Boulevard · Queens · new constructionNamed as Shanghai Commercial Bank Ltd. · Sponsor: C&N Realty Development, LLC · Named on p. 77 ↗200742$8.8M

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.