Meng Hua Wang
Owner
Meng Hua Wang portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$14.6 million – hotel 100.0%, None 0.0%; Manhattan 100.0%, Bronx 0.0%
2100th largest portfolio by dollar value
35,219 sqft – hotel 100.0%, None 0.0%;
3342th largest by SF
2 properties – Manhattan 50%, Queens 50%
155th largest
Person Activity past 24 months:
Buyer signatory: 1 for $37.5 million
Seller signatory: 0 for $0
Borrower signatory: 2 for $33.8 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Preferred Bank (3), Royal Business Bank (2), Barone Management (1), Jeffrey Wu (1), Myint Kyaw (1)
Top Ten Associated People:
John Silviano (1), Sylvia Tseng (1), Jeffrey Wu (1), Myint Kyaw (1), Tammy Song (1)
Recent activity as signatory:
• 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 Wuand 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.
• Meng Hua Wang borrowed $18.5 million from Preferred Bank for 333 West 38th Street, Garment District, Manhattan on February 07, 2023.
• Meng Hua Wang sold 11-11 40th Avenue, Astoria, Queens for $4.5 million to Barone Management on December 02, 2021.
• Meng Hua Wang borrowed $21.5 million from Preferred Bank for 333 West 38th Street, Hudson Yards, Manhattan on November 13, 2020.
• W&L Group borrowed $46.5 million from Royal Business Bank for 90-75 Sutphin Boulevard, Jamaica, Queens on August 20, 2020.
• Meng Hua Wang borrowed $16.3 million from Royal Business Bank for 90-75 Sutphin Boulevard, Jamaica, Queens on August 13, 2020.
• Meng Hua Wang filed plans for new building for 213,270 sqft in Flushing, Queens, on April 18, 2018.
• Meng Hua Wang filed plans for new building for 91,944 sqft in Flushing, Queens, on March 01, 2016.
• Meng Hua Wang filed plans for new building for 29,804 sqft in Sunset Park, Brooklyn, on November 19, 2014.
Latest Stories:
• W&L Group takes title to 36 condo units at bankrupt Victoria Towers in Flushing March 06, 2023
• Barone Management pays $4.5M for office building in Astoria December 03, 2021
• Meng Hua Wang borrows $21M from Preferred Bank for new hotel in Hudson Yards November 16, 2020