Heli Song
Owner
Heli Song portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$8.4 million – retail 54%, mixed-use 29%; Manhattan 100%, Bronx 0%
2908th largest portfolio by dollar value
15,916 sqft – mixed-use 46%, office 31%;
4522th largest by SF
3 properties – Manhattan 100%, Bronx 0%
154th largest
Person Activity past 24 months:
Buyer signatory: 4 for $54.5 million
Seller signatory: 0 for $0
Borrower signatory: 1 for $8 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Eastern Star Development (1), David Cohen (1), Gerald Shallo (1), Elysee Investment Corp (1), Cathay Bank (1), Moinian Group (1)
Top Ten Associated People:
Peng Li (1), Charles Cohen (1), Gerald J. Shallo (1), Avi Dishi (1), Joseph Moinian (1)
Recent activity as signatory:
• Moinian Group sold 236 West 54th Street, Midtown West, Manhattan for $10.5 million to Hiwin Group USA on October 10, 2024.
• Heli Song borrowed $8 million from Cathay Bank for 31 West 14th Street, 35 West 14th Street, and 33 West 14th Street, Flatiron District, Manhattan on July 09, 2024.
• Elysee Investment Corp sold 31 West 14th Street, Flatiron District, Manhattan for $8 million to Heli Song on July 09, 2024.
• Gerald Shallo sold 238-240 West 54th Street, Midtown West, Manhattan for $21 million to Hiwin Group USA on May 28, 2024.
• David Cohen sold 245 West 34th Street, Garment District, Manhattan for $15 million to Hiwin Group USA on March 22, 2024.
• Eastern Star Development sold 2717 42nd Road, Long Island City, Queens for $6.6 million to company on August 02, 2022.
Latest Stories:
• Hiwin Group pays $10.5M to Moinian Group, expands Midtown West dev site October 10, 2024
• Hiwin Group files plans for 49 units in Flatiron District, site cost $22.5M August 26, 2024
• Heli Song pays $8M to Elysee Investment for 1-story retail in Flatiron District July 10, 2024
• Hiwin Group pays $21M for possible dev site in Midtown West May 28, 2024
• Hiwin Group USA pays $15M for dev site in Garment District March 25, 2024