Steven Chen

Cathay Bank

Cathay Bank portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$5.8 million – office 73%, condo 26%; Manhattan 73%, Queens 26%

3502th largest portfolio by dollar value

22,482 sqft – office 73%, condo 26%;

3983th largest by SF

4 properties – Queens 75%, Manhattan 25%

153th largest

8 foreclosures, 2 bankruptcies, 0 other court cases.

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 0 for $0

Borrower signatory: 0 for $0

Lender signatory: 1 for $5.9 million

Developer (new building or major alteration): 1 for 8,573 square feet

Top Ten Associated Companies:

Neng Wang (1), Fei Guo (1), Zhi Li Pan (1)

Top Ten Associated People:

Neng Wang (1), Fei Guo (1), Zhi Li Pan (1)

Recent activity as signatory:

• Xiao Ke Tang borrowed $18.2 million from Popular Bank for 43-25 52nd Street and 43-27 52nd Street, Sunnyside, Queens on January 12, 2024.

• Steven Chen filed plans for major alteration for 8,573 sqft in Bath Beach, Brooklyn, on July 03, 2023.

• Zhi Li Pan borrowed $5.9 million from Cathay Bank for 91-93 Baxter Street, Chinatown, Manhattan on May 01, 2023.

• Eastern Star Development borrowed $12.5 million from WCInvestment LLC for 151-45 6th Road, None, Queens on November 30, 2022.

• Fei Guo borrowed $8.2 million from Cathay Bank for 49-03 69th Street, Maspeth, Queens on November 29, 2022.

• Keyan Ma borrowed $6.2 million from Bank of America for 36-16 Main Street, 36-16 Main Street, 36-16 Main Street, and 36-16 Main Street, Flushing, Queens on October 07, 2022.

• Jung-Hsiang Hwang borrowed $39.6 million from First Commercial Bank for 2600-2614 Adam Clayton Powell Jr. Blvd, Harlem, Manhattan on May 05, 2022.

• Neng Wang borrowed $7.7 million from Cathay Bank for 144-27 Sanford Avenue, 144-27 Sanford Avenue, 144-27 Sanford Avenue, 144-27 Sanford Avenue, 144-27 Sanford Avenue, and others, Flushing, Queens on April 26, 2022.