New Empire Corp.
People:
New Empire Corp. portfolio
$37.1 million – specialty 40.0%, retail 22.0%; Manhattan 60.0%, Brooklyn 18.0%
1141th largest portfolio by dollar value
208,376 sqft – elevator 35.0%, D6 23.0%;
1143th largest by SF
20 properties – Brooklyn 50%, Queens 25%
137th largest
454 residential units – Queens 57.0%, Manhattan 31.0%
401th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $2.1 million
Seller company: 0 for $0
Borrower company: 3 for $101.8 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
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)
Latest Stories:
• New Empire Corp. signs $54M construction loan for 117-unit LIC development (July 31, 2024)
• New Empire Corp. submits $85.9M condo plan in Kips Bay (April 26, 2023)
• Bentley Zhao’s New Empire files plans for 14 units in Gravesend (March 15, 2023)
• New Empire files $11M, 13-unit condo plan in Bensonhurst (November 28, 2022)
• Bentley Zhao’s New Empire Corp. pays $18M for likely dev site in Flatbush (November 04, 2022)
• Bentley Zhao’s New Empire files plans for 131-unit project in Woodside (September 26, 2022)
• New Empire Corp. pays $16.2M for two properties in Woodside (July 26, 2022)
• Bentley Zhao’s New Empire Corp. pays $3.8M for industrial in Staten Island (June 24, 2022)