Ping Yeung
Owner
Ping Yeung portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$63.4 million – condo 69.0%, industrial 15.0%; Queens 100.0%, Manhattan 0.0%
789th largest portfolio by dollar value
455,026 sqft – condo 47.0%, industrial 26.0%;
642th largest by SF
20 properties – Queens 100%, Manhattan 0%
137th largest
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 1 for $33.5 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
First Commercial Bank (2), Flushing Bank (1), Cathay Bank (1)
Top Ten Associated People:
Jerry Kwok (1), Ching Fang Lio (1), Xiaojing Wang (1), Ching Fang Liao (1)
Recent activity as signatory:
• Ping Yeungand Qiu Hui Lin borrowed $33.5 million from Cathay Bank for 36-03 Prince Street, 36-18 Main Sreet, 36-07 Prince Street, 36-16 Main Street, 36-20 Main Street, and others, Flushing, Queens on July 18, 2023.
• United Construction & Development Groupand Ping Yeung borrowed $20 million from First Commercial Bank for 140-35 Queens Boulevard, 140-35 Queens Boulevard, and 140-35 Queens Boulevard, Jamaica, Queens on May 20, 2022.
• Ping Yeung borrowed $20 million from Flushing Bank for 51-01 Grand Avenue, Maspeth, Queens on May 03, 2022.
• Ping Yeung borrowed $14.9 million from First Commercial Bank for 140-35 Queens Boulevard, Jamaica, Queens on November 09, 2021.
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