Weihong Hu

Owner

Weihong Hu portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$28.6 million – hotel 95%, retail 4%; Queens 73%, Manhattan 26%

1337th largest portfolio by dollar value

220,828 sqft – hotel 97%, retail 2%;

1083th largest by SF

5 properties – Manhattan 60%, Queens 40%

152th largest

44 residential units – Manhattan 54%, Queens 45%

754th largest by residential units

Person Activity past 24 months:

Buyer signatory: 1 for $4.1 million

Seller signatory: 0 for $0

Borrower signatory: 2 for $48.5 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

Shanghai Commercial Bank (6), Industrial and Commercial Bank of China (2), Bo Chrun Hin (1), Aini Assets (1)

Top Ten Associated People:

Nim Chi Lau (2), Carmen Lee (1), Amy Tsang-Tong (1), Bo Chrun Hin (1), Timothy Chan (1), Jacob Aini (1), Jimmy Chu (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.

• Bo Chrun Hin sold 55 W 38th St, Garment District, Manhattan for $4.1 million to Weihong Hu on June 12, 2024.

• Weihong Hu borrowed $20 million from Shanghai Commercial Bank for 319 West 35th Street, Garment District, Manhattan on May 03, 2023.

• Weihong Hu borrowed $17.4 million from Shanghai Commercial Bank for 38-58 12th Street, Long Island City, Queens on August 26, 2022.

• Weihong Hu borrowed $44 million from Shanghai Commercial Bank for 58-60 West 39th Street, Garment District, Manhattan on June 29, 2022.

• Mayflower Business Group borrowed $35 million from Industrial and Commercial Bank of China for 38-59 12th Street, Long Island City, Queens on January 26, 2022.

• Mayflower Business Group borrowed $34 million from Shanghai Commercial Bank for 317-319 West 35th Street, Hell’s Kitchen, Manhattan on December 28, 2021.

• Xiaozhuang Ge borrowed $35 million from Industrial and Commercial Bank of China for 61-27 186th Street, Fresh Meadows, Queens on September 21, 2021.

• Aini Assets sold 63 West 38th Street and 58 West 39th Street, Garment District, Manhattan for $11 million to Weihong Hu on April 02, 2021.

• Weihong Hu borrowed $22.5 million from Shanghai Commercial Bank for 58-60 West 39th Street, Garment District, Manhattan on April 02, 2021.