THE CONDO BOOK PROJECT

Washington Mutual Bank

Named as the sponsor's construction lender in 5 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.

Washington Mutual Bank's 5 buildings in these plans are mostly in Manhattan (3 of 5), then Brooklyn, 60% new construction, typically 16–36 units, offered at an average $719K per unit. Check size: $6.9M typical (the median of 4 loans whose size the plan states or ACRIS records), from $2.2M to $15.7M.

Buildings
5
Residential units
80
Typical check
$6.9M
Years
2004–2008
ManhattanBrooklynQueensBronxStaten Island Lore Condominium, 261 West 112th Street231 Norman Avenue Condominium, 231 Norman Avenue257 West 117th Street Condominium/Fitzgerald, 257 West 117th Street158 5th Avenue Condominium, 158 5th Avenue322 West 14th Street Condominium, 322 West 14th Street

Pro · Advanced analysis

Recent Growth

Washington Mutual 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 3 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date0—
20250—
20240—
20230—
20220—
20210—

Latest: Lore Condominium, accepted Jun 9, 2008. 2 plans without an acceptance date aren't counted.

Strongest Relationships

No other firm is named with Washington Mutual Bank 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
Lore Condominium261 West 112th Street · Manhattan · new constructionSponsor: Gateway I V, LLC · Recorded in ACRIS ↗200836$15.7M*
231 Norman Avenue Condominium231 Norman Avenue · Brooklyn · new constructionRecorded as Washington Mutual Bank, Fa · Sponsor: 231 Norman Avenue Property Development, LLC · Recorded in ACRIS ↗20060$10M*
257 West 117th Street Condominium/Fitzgerald257 West 117th Street · Manhattan · new constructionSponsor: 257/117 Realty, LLC. · Named on p. 14 ↗200416—
158 5th Avenue Condominium158 5th Avenue · Brooklyn · conversionSponsor: Adda Slope Realty LLC · Recorded in ACRIS ↗—9$2.2M*
322 West 14th Street Condominium322 West 14th Street · Manhattan · conversionRecorded as Washington Mutal Bank, Fa · Sponsor: K322 W.14th St., LLC & 235 E.196th St., LLC · Recorded in ACRIS ↗—19$3.8M*

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.