United Construction & Development Group
112-15 NORTHERN BLVD, #2 CORONA NY 11368
People:
United Construction & Development Group portfolio
$195.9 million – condo 28.0%, development 22.0%; Queens 95.0%, Brooklyn 4.0%
294th largest portfolio by dollar value
1,515,451 sqft – O8 27.0%, elevator 20.0%;
210th largest by SF
87 properties – Queens 97%, Brooklyn 2%
76th largest
2,916 residential units – Queens 100.0%, Manhattan 0.0%
62th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Company Activity past 24 months:
Buyer company: 3 for $144.6 million
Seller company: 0 for $0
Borrower company: 12 for $279 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Bank of China (5), Young Nian Group (2), Maxim Capital Group (2), Maspeth Federal Savings and Loan Association (2), New Era Life Insurance (2), State Bank of Texas (2), New Land Capital (1), Berkshire Bank (1), Valley National Bank (1), Centennial Bank (1)
Top Ten Associated People:
Bill S. Chen (2), Jeanette Kahan (1), Yong Ma (1), Raymond Qiao (1), Ann S. Wilhelm (1), Victor Brown (1), Christopher Gregg (1), Tianyi Wang (1), Simon H. Shin (1), Steven J. Borenstein (1)
Latest Stories:
• United Construction & Development files $80.3M LIC condo plan (December 21, 2023)
• United Construction & Development files plans for 217-unit project in LIC (August 28, 2023)
• United Construction & Development pays $16M for dev site in Flushing (August 22, 2023)
Litigation: