United Overseas Bank
Named as the sponsor's construction lender in 4 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.
United Overseas Bank's 4 buildings in these plans are all in Manhattan, all new construction, typically 68–169 units, offered at an average $5.1M per unit. Check size: $24M typical (the median of 3 loans whose size the plan states or ACRIS records), from $11.4M to $181.7M.
- Buildings
- 4
- Residential units
- 356
- Typical check
- $24M
- Years
- 2015–2017
Pro · Advanced analysis
Recent Growth
United Overseas 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 4 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: 277 Fifth Avenue Condominium, accepted Aug 18, 2017.
Strongest Relationships
The firms named most often on the same buildings as United Overseas Bank, at least 2 in common.
Sponsor's counsel
- Holland & Knight LLP2 shared buildings · 50% of United Overseas Bank's · 2016–2017
- Starr Associates LLP2 shared buildings · 50% of United Overseas Bank's · 2015–2016
Sales teams
- Corcoran Sunshine Marketing Group2 shared buildings · 50% of United Overseas Bank's · 2015–2017
Property managers
- FirstService Residential New York, Inc.2 shared buildings · 50% of United Overseas Bank's · 2016–2017
Tax consultants
- Marcus & Pollack3 shared buildings · 75% of United Overseas Bank's · 2015–2017
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 |
|---|---|---|---|
| 277 Fifth Avenue Condominium277 Fifth Avenue · Manhattan · new constructionNamed as United Overseas Bank Limited · Sponsor: Victor Nomad LLC · Named on p. 49 ↗ | 2017 | 113 | $24M* |
| 503 West 24th Street Condominium503 West 24th Street · Manhattan · new constructionNamed as United Overseas Bank Limited, New York Agency · Sponsor: Vhs 239 LLC · Named on p. 35 ↗ | 2016 | 6 | $11.4M* |
| 200 East 59th Street Condominium200 East 59th Street · Manhattan · new constructionSponsor: Mipa 59/Third Owner LLC · Recorded in ACRIS ↗ | 2016 | 68 | $181.7M* |
| 53 West 53rd Street Condominium53 West 53rd Street · Manhattan · new constructionNamed as United Overseas Bank Limited · Sponsor: W2005/Hines West Fifty-Third Realty, LLC · Named on p. 35 ↗ | 2015 | 169 | — |
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.