New Empire Corp.

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New Empire Corp. portfolio

$37.1 million* – specialty 40.0%, retail 22.0%; Manhattan 60.0%, Brooklyn 18.0%

1158th largest portfolio by dollar value

208,376 sqft – elevator 35.0%, D6 23.0%;

1170th largest by SF

20 properties – Brooklyn 50%, Queens 25%

469th largest

454 residential units – Queens 57.0%, Manhattan 31.0%

472th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $2.1 million

Borrower company: 3 for $101.8 million

Top Ten Associated Companies:

Popular Bank (4), Axos Bank (2), WhiteHorse Capital (1), Fortress Investment Group (1), Carol Wolfe (1), Stearns Bank (1), Marshal Lighting Group (1), Chao Qiang Yuan (1), Steven Neuman (1), Columbia Capital (1)

Top Ten Associated People:

Constantine M. Dakolias (1), Carol Wolfe (1), Katie Peterson (1), Chao Qiang Yuan (1), Steven Neuman (1), Rudolf Kats (1), Kin Chung Lam (1), James Lim (1), Thomas Constantine (1), Dean Saltzman (1)

Recent activity as company:

• New Empire Corp. borrowed $54 million from Axos Bank for 24-01 Queens Plaza North and 41-43 24th Street, Long Island City, Queens on July 30, 2024.

• New Empire Corp. borrowed $42 million from Popular Bank for 429 2nd Avenue, 433 2nd Avenue, and 437 2nd Avenue, Kips Bay, Manhattan on October 11, 2023.

• New Empire Corp. for Bentley Zhao filed plans for new building for 144,644 sqft in Flatbush, Brooklyn, on July 18, 2023.

• New Empire Corp. borrowed $5.8 million from MidFirst Bank for 265 4th Avenue, Park Slope, Brooklyn on March 21, 2023.

• Kin Chung Lam sold 265 4th Avenue, Park Slope, Brooklyn for $2.1 million to New Empire Corp. on March 14, 2023.

• New Empire Corp. for Bentley Zhao filed plans for new building for 10,239 sqft in Gravesend, Brooklyn, on March 09, 2023.

• New Empire Corp. borrowed $10 million from Columbia Capital for 765 Flatbush Avenue, 21 Lenox Road, 757 Flatbush Avenue, 763 Flatbush Avenue, and 761 Flatbush Avenue, Flatbush, Brooklyn on November 03, 2022.

• Steven Neuman sold 765 Flatbush Avenue, 21 Lenox Road, 757 Flatbush Avenue, 763 Flatbush Avenue, and 761 Flatbush Avenue, Flatbush, Brooklyn for $18 million to New Empire Corp. on November 03, 2022.

• New Empire Corp. for Bentley Zhao filed plans for new building for 138,398 sqft in Woodside, Queens, on September 22, 2022.

• Chao Qiang Yuan sold 2795 Cropsey Avenue, Gravesend, Brooklyn for $2.2 million to New Empire Corp. on September 07, 2022.