W&L Group

34-30 Collins Pl, Flushing, NY 11354

34-28 Collins Pl, Flushing, NY 11354

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W&L Group portfolio

$38 million – elevator 48.0%, hotel 36.0%; Brooklyn 38.0%, Queens 34.0%

1118th largest portfolio by dollar value

758,220 sqft – elevator 56.0%, hotel 38.0%;

418th largest by SF

202 properties – Brooklyn 80%, Queens 18%

26th largest

267 residential units – Brooklyn 56.0%, Manhattan 29.0%

540th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $37.5 million

Seller company: 0 for $0

Borrower company: 3 for $125.2 million

Lender company: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated People:

Sylvia Tseng (1), Jeffrey Wu (1), Myint Kyaw (1), Eric Goodman (1), Scott Barone (1)

Latest Stories:

• W&L Group signs $36M refi with Goodman Capital for condo project in Gravesend (November 11, 2024)

• W&L Group files $129.8M condo plan at 80-unit Chinatown project (June 22, 2024)

• W&L Group takes title to 36 condo units at bankrupt Victoria Towers in Flushing (March 06, 2023)

• W&L Group signs $58.5M construction loan with Preferred Bank for 80-unit project in Chinatown (May 12, 2022)

• Barone Management signs net lease valued at $14M with W&L Group in Gravesend (July 09, 2021)

• W&L Group borrows $46M from Royal Business Bank for Jamaica development, pays down Madison Realty debt (August 21, 2020)

• Meng Hua Wang refi Madison Realty development debt with $16M from Royal Business Bank in Jamaica (August 14, 2020)

• W&L Group through Yong Hang Wang as signatory borrows $71M from G4 Capital Partners for new construction in Bensonhurst (February 03, 2020)

• W&L Group borrows $17M from Berkshire Bank for hotel in Garment District (January 09, 2020)

• HKONY West 37 LLC obtained financing of $7M from The Berkshire Bank (August 03, 2019)

Properties:

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