Ching Lam
Owner
Ching Lam portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$7.5 million – elevator 97%, development 2%; Queens 100%, Manhattan 0%
3080th largest portfolio by dollar value
159,549 sqft – elevator 100%, development 0%;
1408th largest by SF
5 properties – Queens 100%, Manhattan 0%
152th largest
360 residential units – Queens 100%, Manhattan 0%
461th largest by residential units
2 foreclosures, 3 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 1 for $13 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Recent activity as signatory:
• Ching Lam borrowed $13 million from Golden Bridge Funding for 70-33 Queens Boulevard, 70-25 Queens Boulevard, N/A 45th Avenue, N/A 45th Avenue, and N/A 45th Avenue, Maspeth, Queens on January 17, 2023.
• Ching Lam borrowed $8 million from Golden Bridge Funding for 70-33 Queens Boulevard, 70-25 Queens Boulevard, N/A 45th Avenue, N/A 45th Avenue, and N/A 45th Avenue, Maspeth, Queens on March 08, 2022.
• Ching Lam borrowed $9 million from Golden Bridge Funding for N/A 45th Avenue, N/A 45th Avenue, N/A 45th Avenue, 70-33 Queens Boulevard, and 70-25 Queens Boulevard, Elmhurst, Queens on May 20, 2021.
Latest Stories:
• Ching Lam signs $13M loan with Golden Bridge for 90-unit development in Maspeth January 18, 2023
Litigation: