Nim Chi Lau
Owner
Nim Chi Lau portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$11.4 million – industrial 100%; Brooklyn 100%, Manhattan 0%
2429th largest portfolio by dollar value
113,000 sqft – industrial 100%;
1750th largest by SF
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 0 for $0
Lender signatory: 3 for $132.7 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Lam Group (2), Weihong Hu (2), HCRE Hung & Chong Real Estate (1)
Top Ten Associated People:
Kin Chung Lam (2), Weihong Hu (2), Philip Chong (1)
Recent activity as signatory:
• Weihong Hu borrowed $28.5 million from Shanghai Commercial Bank for 58 West 39th Street and 55 West 38th Street, Garment District, Manhattan on June 12, 2024.
• Lam Group borrowed $93.2 million from Shanghai Commercial Bank for 215 Pearl Street, Financial District, Manhattan on November 16, 2023.
• Lam Generation borrowed $120 million from MetLife for 112-118 West 25th Street, Chelsea, Manhattan on November 06, 2023.
• Yosef Rabinowitz borrowed $17.1 million from Popular Bank for 130 3rd Street, Gowanus, Brooklyn on September 26, 2023.
• Andy Wong borrowed $23 million from Cathay Bank for 5521 8th Avenue, 5521 8th Avenue, 5521 8th Avenue, 5521 8th Avenue, 5521 8th Avenue, and others, Sunset Park, Brooklyn on September 05, 2023.
• HCRE Hung & Chong Real Estate borrowed $10.9 million from Shanghai Commercial Bank for 198 Delancey Street, 198 Delancey Street, 198 Delancey Street, 198 Delancey Street, 198 Delancey Street, and others, Lower East Side, Manhattan on January 25, 2023.
• Lam Group borrowed $22.5 million from Shanghai Commercial Bank for 202 Centre Street, Little Italy, Manhattan on September 13, 2022.
• Weihong Hu borrowed $17.4 million from Shanghai Commercial Bank for 38-58 12th Street, Long Island City, Queens on August 26, 2022.
• Vida Shoes International borrowed $10 million from JPMorgan Chase for 26 West 56th Street, Midtown West, Manhattan on May 10, 2022.
• Charles Luk borrowed $10.5 million from Fieldpoint Private Bank & Trust for 60 Pine Street, Financial District, Manhattan on October 04, 2021.
Latest Stories:
• Gowanus residents sue city to block 400-person homeless shelter February 28, 2024
• Lam Generation signs $120M refi loan with MetLife for hotel in Chelsea November 07, 2023
• Yosef Rabinowitz pays $19.5M to Frank Ng for possible dev site in Gowanus September 27, 2023
• Andy Wong signs $23M refi for unsold commercial condos in Sunset Park September 06, 2023
• Yu Ying Li gets $11.4M construction loan from Royal Business Bank in Flushing February 04, 2021