Hiu Cheng
(Hiu Ian Cheng)
Owner
Hiu Cheng NYC portfolio
$39.3 million -hotel 65%, retail 18%, mixed-use 15%; Queens 65%, Brooklyn 18%, Manhattan 15%*
2528th largest portfolio by dollar value
99,317 sqft – hotel 69%, retail 21%, mixed-use 8%; Queens 69%, Brooklyn 21%, Manhattan 8%
2393th largest by SF
4 properties – Manhattan 50%, Brooklyn 25%, Queens 25%
2324th largest
6 residential units – Manhattan 100%
5613th largest by residential units
Person Activity past 24 months:
Borrower signatory: 1 for $19.5 million
Developer (new building or major alteration): 4 for 99,189 square feet
Top Ten Associated Companies:
Donald Leeds (2), Riese Organization (1), Shanghai Commercial Bank (1), Gjek Popaj (1), Bank of Hope (1), Jack Srour (1)
Top Ten Associated People:
Bradbury Baker (2), Donald Leeds (2), Ann Martinez (1), Gjek Popaj (1), Dan Kim (1), Jack Srour (1), Juda Srour (1)
Recent activity as signatory:
• Hiu Cheng filed plans for major alteration for 66,738 sqft in Chelsea, Manhattan, on January 14, 2025.
• Hiu Ian Cheng borrowed $19.5 million from Bank of Hope for 38-42 11 Street on December 30, 2024.
• Jack Srour sold 1925 86 Street for $7.3 million to Hiu Ian Cheng on October 20, 2022.
• Riese Organization sold 47 Broadway for $12.2 million to Hiu Ian Cheng on March 23, 2022.
• Donald Leeds sold 359 West 52 Street for $2.4 million to Hung Luk on February 08, 2021.
• Donald Leeds sold 361 West 52 Street for $2.4 million to Hung Luk on February 08, 2021.
• Hiu Ian Cheng borrowed $9.6 million from Shanghai Commercial Bank for 105 West 27 Street on September 29, 2020.
• Hiu Ian Cheng sold 113 East 184 Street for $2.1 million to Gjek Popaj on August 13, 2020.
Latest Stories:
• Jack Srour pays $6.3M for retail in Bensonhurst (September 22, 2022)
• Hiu Ian Cheng pays $12.2M to Riese Organization for mixed-use in FiDi (April 11, 2022)
• Hiu Ian Cheng borrows $9.6M from Shanghai Commercial for property in Chelsea (October 19, 2020)
• Hiu Ian Cheng borrows $17M from Bank of Hope for hotel in Long Island City (December 27, 2019)