Heli Song
Hiwin Group USA
Owner
136-33 37th Avenue, 8B Flushing, NY 11354
Hiwin Group USA NYC portfolio
$329.8 million -H2 44%, mixed-use 27%, development 11%; Manhattan 55%, Queens 44%*
661th largest portfolio by dollar value
634,536 sqft – H2 87%, retail 5%, mixed-use 4%; Queens 87%, Manhattan 12%
718th largest by SF
10 properties – Manhattan 90%, Queens 10%
1038th largest
Person Activity past 24 months:
Buyer signatory: 4 for $63.6 million
Borrower signatory: 2 for $48 million
Top Ten Associated Companies:
Cathay Bank (2), Moinian Group (1), Buchbinder & Warren (1), Eastern Star Development (1), David Cohen (1), Albert Bialek (1), Elysee Investment Corp (1), Gerald Shallo (1)
Top Ten Associated People:
Joseph Moinian (1), Lori Buchbinder (1), Steven Chen (1), Peng Li (1), Charles Cohen (1), Larry H. Ingber (1), Avi Dishi (1), Gerald J. Shallo (1)
Recent activity as signatory:
• Hiwin Group USA borrowed $40 million from Cathay Bank for 35 West 14 Street on April 27, 2026.
• Albert Bialek sold 249 West 34 Street for $6.6 million to Hiwin Group USA on August 15, 2025.
• Buchbinder & Warren sold 10 West 45 Street for $38.5 million to Hiwin Group USA on March 17, 2025.
• Moinian Group sold 236 West 54 Street for $10.5 million to Hiwin Group USA on October 07, 2024.
• Heli Song borrowed $8 million from Cathay Bank for 31 West 14 Street on June 26, 2024.
• Elysee Investment Corp sold 31 West 14 Street for $8 million to Heli Song on June 26, 2024.
• Gerald Shallo sold 240 West 54 Street for $21 million to Hiwin Group USA on May 15, 2024.
• David Cohen sold 247 West 34 Street for $15 million to Hiwin Group USA on March 18, 2024.
• Eastern Star Development sold 2717 42nd Road, Long Island City, Queens for $6.6 million to The buyer on June 15, 2022.
Latest Stories:
• Hiwin Group USA pays $6.6M to expand Garment District dev site (August 29, 2025)
• Hiwin Group files plans for 125 units in Midtown West at $38.5M dev site (June 20, 2025)
• Hiwin Group pays $10.5M to Moinian Group, expands Midtown West dev site (October 10, 2024)
• Hiwin Group files plans for 49 units in Flatiron District, site cost $22.5M (August 26, 2024)
• Heli Song pays $8M to Elysee Investment for 1-story retail in Flatiron District (July 10, 2024)
• Hiwin Group pays $21M for possible dev site in Midtown West (May 28, 2024)
• Hiwin Group USA pays $15M for dev site in Garment District (March 25, 2024)