---
title: National Cooperative Bank Finances $124 Million for NY Co-ops and Condominiums in Q1 2026
description: National Cooperative Bank, a top lender for cooperative housing and condominiums in the Tri-State area, provided $124 million to 47 New York cooperatives and condominiums in Q1 2026.
---

[Stay up to date with recent news from National Cooperative Bank ](https://www.ncb.coop/press-releases)

# [National Cooperative Bank Finances $124 Million for NY Co-ops and Condominiums in Q1 2026](https://www.ncb.coop/press-releases/national-cooperative-bank-finances-124-million-for-ny-co-ops-and-condominiums-in-q1-2026)

 Written by [National Cooperative Bank](https://www.ncb.coop/press-releases/author/national-cooperative-bank) | Apr 13, 2026 2:42:00 PM

New York, NY (April 13, 2026) – National Cooperative Bank (NCB), a top lender for cooperative housing and condominiums in the Tri-State area, provided $124 million to 47 New York cooperatives and condominiums in Q1 2026.

In February, Ed Howe, Managing Director, secured a $1.6 million first mortgage and a $500,000 line of credit for 19 South Broadway Owners Corp., a 38-unit cooperative located at 19 South Broadway in Tarrytown, NY. The six-story building was built in 1924 and became a cooperative in 1988. Recent upgrades include sewer line replacement, boiler tube replacement, and a new intercom system. Part of the funding will go toward a façade project.  
          
In March, Harley Seligman, Senior Vice President, originated a $4 million first mortgage and a $500,000 line of credit for 3165 Owners Corp., a 109-unit cooperative located at 3165 Nostrand Avenue in Brooklyn, NY. The six-story building, constructed circa 1953 and incorporated in 1988, recently underwent a comprehensive roof insulation upgrade. Additionally, a façade renovation project is nearing completion.

Also in March, Mindy Goldstein, Senior Vice President, arranged a $5.5 million first mortgage and a $500,000 line of credit for Grover Cleveland Tenants Corp., a 204-unit cooperative located at 67-38 108th Street in Forest Hills, NY. The six-story building, originally built around 1949 and incorporated in 1985, has recently undergone significant capital improvements to its façade and carpeting.

[View full post](https://www.ncb.coop/press-releases/national-cooperative-bank-finances-124-million-for-ny-co-ops-and-condominiums-in-q1-2026)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "National Cooperative Bank"
  },
  "dateModified" : "2026-04-13T14:42:00.413Z",
  "datePublished" : "2026-04-13T14:42:00Z",
  "headline" : "National Cooperative Bank Finances $124 Million for NY Co-ops and Condominiums in Q1 2026",
  "image" : {
    "@type" : "ImageObject",
    "height" : 645,
    "url" : "https://impact.ncb.coop/hubfs/Property%20Photo-2.png",
    "width" : 1079
  },
  "mainEntityOfPage" : "https://www.ncb.coop/press-releases/national-cooperative-bank-finances-124-million-for-ny-co-ops-and-condominiums-in-q1-2026",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Press Releases"
  }
}
```