THE CONDO BOOK PROJECT

Toorak Capital Partners

Named as the sponsor's construction lender in 2 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.

Toorak Capital Partners's 2 buildings in these plans are all in Brooklyn, 50% new construction, 3 units at the middle, offered at an average $1.6M per unit. No loan amount is stated in these plans or recorded for this lender in ACRIS.

Buildings
2
Residential units
6
Typical check
—
Year
2024
ManhattanBrooklynQueensBronxStaten Island Belle Grove Condominium, 174 Madison Street1118 Condo Association, 1118 39th Street

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Recent Growth

Toorak Capital Partners's buildings and units by year for the last 6 years, and whether the pace is rising or falling.

2 buildings accepted in 2024–2026 (2026 to date), against 0 in 2021–2023. 100% of all 2 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
20250—
202426
20230—
20220—
20210—

Latest: Belle Grove Condominium, accepted Jul 22, 2024.

Strongest Relationships

No other firm is named with Toorak Capital Partners 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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CondominiumAcceptedUnitsLoan
Belle Grove Condominium174 Madison Street · Brooklyn · new constructionNamed as Toorak Capital Partners LLC · Sponsor: Madison Condominiums LLC · Named on p. 4 ↗20244—
1118 Condo Association1118 39th Street · Brooklyn · rehabNamed as Toorak Capital Partners, LLC · Sponsor: 1118 39th St LLC · Named on p. 22 ↗20242—

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.