Sunlight Development
(Sunlight Construction, Sunlight Development Group)
135-25 Northern Blvd FL. 2 Flushing, NY 11354
201 46th St, Brooklyn, NY 11220
People:
Sunlight Development NYC portfolio
$305.7 million -retail 47%, industrial 18%, elevator 17%; Queens 77%, Brooklyn 22%*
712th largest portfolio by dollar value
365,130 sqft – elevator 55%, industrial 16%, condo 14%; Brooklyn 61%, Queens 38%
1056th largest by SF
21 properties – Queens 90%, Brooklyn 10%
493th largest
218 residential units – Queens 72%, Brooklyn 27%
1082th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 4 for $60.1 million
Seller company: 1 for $2.4 million
Borrower company: 5 for $64.9 million
Developer (new building or major alteration): 3 for 82,636 square feet
Top Ten Associated Companies:
S3 Capital (6), Amerasia Bank (6), Rui Guan Gao (1), iCross Capital (1), Webster Bank (1), Spruce Capital (1), CTBC Bank (1), Jeagwan Lim (1), NuVerse Advisors (1), Ponce Bank (1)
Top Ten Associated People:
Joshua Crane (4), Chi-Jen Hsu (4), Dov Schlein (2), Rui Guan Gao (1), Lily Guo (1), Michael Savarese (1), Jeagwan Lim (1), Stephen Saali (1), Michael Becker (1), Jim Lin (1)
Recent activity as company:
• Sunlight Development, Ken Huang and JLS Group Construction borrowed $8.4 million from Ponce Bank for None on June 24, 2026.
• White Castle Management sold None for $15 million to Sunlight Development, Ken Huang and JLS Group Construction on June 24, 2026.
• Sunlight Development borrowed $20 million from Amerasia Bank for None on June 17, 2026.
• Sunlight Development and B Square Realty borrowed $13.5 million from Amerasia Bank for 133-47 39 Avenue on April 23, 2026.
• Sunlight Development Group for Linzhong Zhuo filed plans for major alteration for 51,402 sqft in Greenpoint, Brooklyn, on March 17, 2026.
• Sunlight Development Group for Linzhong Zhuo filed plans for major alteration for 22,697 sqft in Flushing, Queens, on March 12, 2026.
• Madison Realty Capital sold 350 Hicks Street for $33.2 million to Sunlight Development on February 18, 2026.
• Sunlight Development borrowed $17.5 million from S3 Capital for 350 Hicks Street on February 18, 2026.
• Sunlight Development Group for Linzhong Zhuo filed plans for new building for 8,537 sqft in Long Island City, Queens, on January 24, 2026.
• Sunlight Development sold 134-38 35th Avenue, Flushing, Queens for $2.4 million to Rui Guan Gao on November 07, 2025.
• Amerasia Bank sold 134-38 35th Avenue, 134-38 35th Avenue, 134-38 35th Avenue, 134-38 35th Avenue, 134-38 35th Avenue, and others, Flushing, Queens for $6.9 million to Sunlight Development on September 29, 2025.
• James Garrison and Ann Dougherty sold 181 Baltic Street for $5 million to Eckstrom NYC and Sunlight Development on April 11, 2025.
• Eckstrom NYC and Sunlight Development borrowed $5.5 million from S3 Capital for 181 Baltic Street on April 11, 2025.
• Sunlight Development borrowed $7.8 million from Amerasia Bank for 816 58 Street on August 14, 2024.
• William Chou sold 816 58 Street for $9.8 million to Sunlight Development on August 14, 2024.
• Sunlight Development borrowed $50 million from NuVerse Advisors for 26 East 29 Street on June 05, 2024.
• Michael Sklar, Sharan Sklar and Rita Sklar sold 26 East 29 Street for $65 million to Sunlight Development on June 05, 2024.
• Sunlight Development for Vicki Saali filed plans for major alteration for 151,370 sqft in NoMad, Manhattan, on May 30, 2024.
• Sunlight Development borrowed $92 million from S3 Capital for 138-38 Northern Boulevard on April 16, 2024.
• Sunlight Development Group and Xia Zhou borrowed $11.5 million from Amerasia Bank for 49 Ash Street on July 21, 2023.
Latest Stories:
• Sunlight, Ken Huang, and JLS Group pay $15M for dev site in Elmhurst (July 01, 2026)
• Sunlight Development pays $33.2M to Madison Realty for dev site in Cobble Hill (March 06, 2026)
• Eckstrom, Sunlight pay $5M to for 4-family in Cobble Hill (April 30, 2025)
• Sunlight Development pays $9.8M for mid-construction project in Sunset Park (September 03, 2024)
• David Aboodi affiliate buys $4.98M note secured by Sunset Park dev site (June 25, 2024)
• Sunlight Dev. signs $50M loan with NuVerse affiliate for resi conversion in NoMad (June 17, 2024)
Court Records:
Properties: