Judy Chang

Royal Companies

Royal Companies|Judy Chang portfolio

$5 million* – hotel 65%, development 34%; Queens 100%, Manhattan 0%

3784th largest portfolio by dollar value

24,346 sqft – hotel 100%, development 0%;

3913th largest by SF

6 properties – Queens 100%, Manhattan 0%

1445th largest

Top Ten Associated Companies:

International Bank of Chicago (2)

Top Ten Associated People:

Tom Gehrke (1)

Recent activity as company:

• Royal Companies borrowed $5 million from International Bank of Chicago for 25-01 43rd Avenue, 42-37 Crescent Street, 42-39 Crescent Street, 42-34 27th Street, 42-31 Crescent Street, and others, Long Island City, Queens on June 10, 2022.

• Judy Chang borrowed $5 million from International Bank of Chicago for 42-39 Crescent Street, 42-37 Crescent Street, 42-35 Crescent Street, 42-33 Crescent Street, 42-31 Crescent Street, and others, Hunters Point/Long Island City, Queens on September 28, 2021.

• Judy Chang filed plans for new building for 82,941 sqft in Long Island City, Queens, on February 25, 2021.

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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