Alex Lau
Owner
Alex Lau portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$5.2 million – retail 100.0%, None 0.0%; Queens 59.0%, Brooklyn 40.0%
3671th largest portfolio by dollar value
35,300 sqft – retail 100.0%, None 0.0%;
3340th largest by SF
5 properties – Queens 80%, Brooklyn 20%
152th largest
Person Activity past 24 months:
Buyer signatory: 1 for $49 million
Seller signatory: 0 for $0
Borrower signatory: 2 for $53 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 36,658 square feet
Top Ten Associated Companies:
Industrial and Commercial Bank of China (2), Bank of Hope (1), CBD Kratom (1), Ponce Bank (1), Carlyle Group (1), Botanic Properties (1), Maxim Capital Group (1), Industrial and Commercial Bank Of China (1)
Top Ten Associated People:
Zhiyi Zhang (1), David Palatnik (1), Steven A. Tsavaris (1), Jason Hart (1)
Recent activity as signatory:
• Alex Lau filed plans for new building for 36,658 sqft in Long Island City, Queens, on May 06, 2024.
• Ampiera Group borrowed $25 million from Maxim Capital Group for 24-02 Queens Plaza South, Long Island City, Queens on August 30, 2023.
• Carlyle Groupand Botanic Properties sold 24-02 Queens Plaza South, Long Island City, Queens for $49 million to Ampiera Group on August 30, 2023.
• Ampiera Group borrowed $28 million from Ponce Bank for 45-02 Queens Boulevard, Sunnyside, Queens on August 09, 2023.
• Alex Lau sold 30-16 Steinway Street, Astoria, Queens for $2.2 million to CBD Kratom on December 21, 2022.
• Alex Lauand Yung Cho borrowed $6.5 million from Bank of Hope for 900 60th Street, Dyker Heights, Brooklyn on December 08, 2022.
• Alex Lau filed plans for new building for 8,324 sqft in Douglas Manor-Douglaston-Little Neck, Queens, on June 24, 2022.
• Ampiera Group borrowed $29.7 million from Industrial and Commercial Bank Of China for 40-20 61st Street, Woodside, Queens on April 19, 2022.
• Alex Lau filed plans for new building for 82,386 sqft in Sunnyside, Queens, on April 14, 2022.
• Ampiera Group borrowed $7 million from Industrial and Commercial Bank of China for 60-20 Woodside Avenue, Woodside, Queens on July 09, 2021.
Latest Stories:
• Carlyle, Botanic sell LIC industrial for $49M to Montperia Group August 31, 2023
• Ampiera Group signs $28M construction loan for 63-unit project in Sunnyside August 10, 2023
• Cannabis retailer CBD Kratom pays $2.2M for retail location in Astoria December 22, 2022
• Ampiera Group pays $11M to Petsanas family for development in Sunnyside April 08, 2022
• Ampiera Group files plans for 78-unit residential building in Woodside June 10, 2020