W&L Group
34-30 Collins Pl, Flushing, NY 11354
34-28 Collins Pl, Flushing, NY 11354
People:
W&L Group portfolio
$38 million* – elevator 48.0%, hotel 36.0%; Brooklyn 38.0%, Queens 34.0%
1135th largest portfolio by dollar value
758,220 sqft – elevator 56.0%, hotel 38.0%;
436th largest by SF
202 properties – Brooklyn 80%, Queens 18%
29th largest
267 residential units – Brooklyn 56.0%, Manhattan 29.0%
706th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $37.5 million
Borrower company: 3 for $125.2 million
Top Ten Associated Companies:
Preferred Bank (2), G4 Capital Partners (2), Jeffrey Wu (1), Myint Kyaw (1), Goodman Capital (1), Berkshire Bank (1), Royal Business Bank (1), Barone Management (1)
Top Ten Associated People:
Sylvia Tseng (1), Jeffrey Wu (1), Myint Kyaw (1), Eric Goodman (1), Scott Barone (1)
Recent activity as company:
• W&L Group borrowed $36 million from Goodman Capital for 2286 Cropsey Avenue, 2286 Cropsey Avenue, 2286 Cropsey Avenue, 2286 Cropsey Avenue, 2286 Cropsey Avenue, and others, Gravesend, Brooklyn on November 08, 2024.
• W&L Group borrowed $15.2 million from Preferred Bank for 133-38 Sanford Avenue, 133-38 Sanford Avenue, 133-38 Sanford Avenue, 133-38 Sanford Avenue, 133-38 Sanford Avenue, and others, Flushing, Queens on March 06, 2023.
• Jeffrey Wu and Myint Kyaw sold 133-38 Sanford Avenue, 133-38 Sanford Avenue, 133-38 Sanford Avenue, 133-38 Sanford Avenue, 133-38 Sanford Avenue, and others, Flushing, Queens for $37.5 million to W&L Group on March 06, 2023.
• W&L Group borrowed $74 million from G4 Capital Partners for 2300 Cropsey Avenue, Gravesend, Brooklyn on February 23, 2023.
• W&L Group borrowed $58.5 million from Preferred Bank for 49 Henry Street and 47 Henry Street, Chinatown, Manhattan on May 11, 2022.
• W&L Group sold 2286 Cropsey Avenue, Gravesend, Brooklyn for $14 million to Barone Management on July 08, 2021.
• W&L Group borrowed $46.5 million from Royal Business Bank for 90-75 Sutphin Boulevard, Jamaica, Queens on August 20, 2020.
• W&L Group borrowed $71 million from G4 Capital Partners for 2300 Cropsey Avenue, Gravesend, Brooklyn on January 31, 2020.
• W&L Group borrowed $16.5 million from Berkshire Bank for 11 West 37th Street, Garment District, Manhattan on January 08, 2020.
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)
• Barone Management signs net lease valued at $14M with W&L Group in Gravesend (July 09, 2021)
• 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: