How Long Does AG Condo Plan Approval Take?
Summary: How long the Attorney General has taken to accept the most recent NYC condo offering plans for filing, measured from submission to acceptance on the AG's record, and where the time actually goes.
Short answer: about 7.7 months. Across the 100 most recent NYC condo offering plans that can be timed, accepted since May 16, 2023, the average time from submission to "accepted for filing" was 234 days. A quarter of plans cleared in under 5.5 months; a quarter took more than 9.3 months.
Each of the plans, with its dates, is listed on the condo offering plan approval times data page, and the figures update with the site.
What "Approval" Means
The AG doesn't approve a condo. It accepts the offering plan for filing under the Martin Act, meaning the disclosure is complete enough to be shown to buyers. Until then, a sponsor can't take a binding contract or a deposit. The clock starts when the plan is submitted and ends on the acceptance date on the AG's record. (More on what the filing contains: what is a condo offering plan.)
Time to Acceptance by Year
| Year accepted | Average time | Plans |
|---|---|---|
| 2026 (to date) | 7.7 months | 55 |
| 2025 | 8.5 months | 16 |
| 2024 | 7.2 months | 23 |
| 2023 | 7.3 months | 6 |
Samples per year are small, so read the figures as a guide rather than a trend.
What Makes an Offering Plan Slower
| All plans | 7.7 months |
|---|---|
| New construction | 8.1 months |
| Rehabs and conversions | 7.1 months |
| Plans with ten or fewer units | 7.6 months |
The 100 most recent NYC condo plans that can be timed, accepted since May 16, 2023.
- Construction type. Among these plans, the average was 8.1 months for the 59 new buildings and 7.1 months for the 41 rehabs and conversions, so new construction ran longer on average. New construction plans carry more open items: certificates of occupancy, tax abatement applications, construction budgets.
- Small buildings aren't exempt. 88 of the 100 plans had ten or fewer residential units, with an average of 7.6 months, close to the average for all plans. A small plan gets the same deficiency letters as a large one, and small sponsors often respond more slowly.
- Borough. Brooklyn had the most plans (89), with an average of 7.5 months. Across all the plans, times ranged from 2.3 months to 19.1 months. See which firms file NYC condo plans in the offering plan attorneys directory.
Where the Time Actually Goes
The AG's first review typically comes back with a deficiency letter. Most of the calendar is spent on the sponsor's side: revising the plan, waiting on the architect's description of property, updating the budget, and re-submitting. Several rounds are common. A plan that answers the first letter completely and quickly can close the gap by months.
What to Plan For
- Budget about 7.7 months from submission to acceptance, the earliest a first contract can be signed, and allow for the slow quarter: more than 9.3 months.
- Add time if the building isn't topped out, if a tax program application is pending, or if the sponsor hasn't done a plan before.
- Once accepted, the plan must be declared effective within a set period, or the sponsor files an amendment to extend it. See how to find offering plan amendments.
Look Up Any Plan's Timeline
Every plan on The Condo Book Project shows its dates from the AG record. Search a building or a sponsor, browse the newest NYC condo filings, or look a plan up yourself with how to search the NY Attorney General's offering plans.
FAQ
How long does the NY Attorney General take to accept a condo offering plan?
Across the 100 most recent NYC plans that can be timed, the average was 234 days, about 7.7 months, from submission to acceptance for filing. A quarter took more than 9.3 months.
Can a sponsor sell condo units before the plan is accepted?
No. Until the Attorney General accepts the offering plan for filing, a sponsor can't take a binding contract or a deposit.
Does new construction take longer to approve than a rehab?
Among the most recent plans, new construction had an average of 8.1 months against 7.1 months for rehabs and conversions. New buildings carry more open items, such as certificates of occupancy and tax abatement applications.
Does "accepted for filing" mean the Attorney General approved the building?
No. It means the plan's disclosure is complete enough to be shown to buyers under the Martin Act. It is not an endorsement of the building, the price or the sponsor.
Why can only some plans be timed?
Because once a plan is amended, the AG replaces the submission date on its record with the amendment's, which usually falls after the plan was accepted. So these figures count only plans with no amendments yet, whose submission date is still the sponsor's own. They also use the most recent plans only, since review times years ago say little about today's, and leave out waits of two years or more as likely record errors.
Where do these figures come from?
From the NY Attorney General's offering plan records for the 100 most recent New York City condominium plans with residential units and no amendments, accepted since May 16, 2023. Averages are reported, and the figures are updated as of Oct 19, 2026.
Related: NYC Condo Plans Filed Each Year · The Sponsor's Condo-Creation Fee in NYC