According to Edward Howe III, managing director at NCB, the firm originated almost $60 million in financing for 24 properties. The financings included $46.7 million in mortgages and $12.9 million in lines of credit. "Activity during December more than tripled from the prior month, as many cooperatives looked to take advantage of low interest rates before year end," said Howe. "While other areas of the financing market have slowed dramatically, underlying mortgages and lines of credit lending for housing communities remains strong, as more buildings arrange loans to meet varying financial needs. NCB is proud to remain one of the leading lenders to cooperative properties throughout the tri-state area." Howe arranged $21.6 in loan originations in December including a $6 million first mortgage for Sea Crest at Amagansett Corp., at 2166 Montauk Highway in Amagansett, N.Y. The deals include a $3.75 million first mortgage and a $1 million line of credit for Booth St. Owners Corp., a 128-unit located at 67-76 Booth St. in Forest Hills, N.Y.; a $2.5 million first mortgage and a $500,000 line of credit for a 78-unit co-op located at 141-60 84th Rd. in Jamaica, N.Y.; a $2.2 million first mortgage and a $250,000 line of credit for a 48-unit co-op located at 270 West 11th St. in Manhattan; a $1.5 million first mortgage and a $250,000 line of credit for Maplewood Residences, Inc., a 48-unit co-op located at 1877 East 12th St. in Brooklyn, NY; a $1 million line of credit for The Knolls Cooperative Section 2, Inc., a 236-unit co-op located at 55 Knolls Crescent in Riverdale, N.Y.; a $920,000 first mortgage and a $500,000 line of credit for 3321 Pelham Bay Owners Corp., a 70-unit co-op located at 3321 Bruckner Blvd. in the Bronx; a $500,000 first mortgage and a $200,000 line of credit for Lancaster Owners, Inc., a 10-unit co-op located at 39-41 East 10th St. in Manhattan; and a $500,000 line of credit for Sherbrooke Smithtown Owners Corp., a 48-unit co-op at 355 Rte. 111 in Smithtown, N.Y. NCB's senior VP Mindy Goldstein arranged a total of $27.8 million including a $11.5 million first mortgage and a $500,000 line of credit at 460 Old Town Rd. in Port Jefferson Station, N.Y. The December transactions include a $4 million first mortgage and a $200,000 line of credit for Highlander Hall Owners Corp., a 165-unit co-op located at 164-20 Highland Ave. in Jamaica, N.Y.; a $3.6 million first mortgage and a $200,000 line of credit for Saxony Hall Owners, Inc., an 85-unit co-op located at 87-15 165th St. in Jamaica, N.Y.; a $2 million line of credit for a 75-unit condop located at 255 West 84th St. in Manhattan; a $2 million assignment of assessments for Plymouth Village Condominium, a 152-unit condo located at 100 Adams Ave. in Central Islip, N.Y.; a $1 million line of credit for La Costa Apartment Corp., a 95-unit co-op located at 397-399 North Broadway in Yonkers, N.Y.; a $750,000 first mortgage and a $250,000 line of credit for Unadilla Owners Corp., a 28-unit co-op located at 126 West 11th St. in Manhattan; a $750,000 line of credit for Sunset Court Association, Inc., a 44-unit co-op located at 40-02, 40-06 and 40-12 7th Ave. in Brooklyn, N.Y.; a $550,000 first mortgage and a $250,000 line of credit for a nine-unit co-op located at 530 Canal St. in Manhattan; and a $200,000 line of credit for Alden Properties Tenant Corp., a 78-unit co-op located at 300 North Broadway in Yonkers, NY. NCB's senior VP Sheldon Gartenstein arranged a total of $10.2 million in financing $6 million first mortgage and a $1 million line of credit for 411 West End Ave. in Manhattan. The transactions include a $1.5 million first mortgage and $400,000 line of credit for a 27-unit co-op located at 121-125 West 17th St. in Manhattan; a $600,000 first mortgage for Whitehall Terrace Owners, Inc., a 46-unit co-op located at 76-26 113th St. in Forest Hills, N.Y.; a $400,000 line of credit for a 15-unit co-op located at 214 West 16th St. in Manhattan; and a $300,000 line of credit for Leicestershire Arms, Ltd., an eight-unit co-op located at 55 North Moore St. in Manhattan. NCB means National Consumer Cooperative Bank, its subsidiaries and NCB Capital Impact, an affiliated non-profit corporation. Loans and technical assistance may be provided by NCB, NCB Capital Impact or NCB, FSB, all of which are Equal Housing Lenders. NCB, FSB is a wholly-owned subsidiary of NCB. Deposit products and services are provided by NCB, FSB, which is FDIC insured. Housing development services are offered through NCB and NCB Capital Impact's jointly owned subsidiary, NCB Community Works, LLC. NCB is dedicated to strengthening communities nationwide through the delivery of banking and financial services, complemented by a special focus on cooperative expansion and economic development. Headquartered in Washington, DC, NCB also has offices in Alaska, California, New York and Virginia. In addition, NCB has a growing community banking network in southwestern Ohio.