Hiuian Cheng
(Hiu Ian Cheng, Ian Cheng)
Owner
Hiuian Cheng NYC portfolio
$98.3 million -hotel 63%, mixed-use 28%, retail 7%; Manhattan 61%, Queens 26%, Brooklyn 12%*
1653th largest portfolio by dollar value
190,660 sqft – hotel 61%, mixed-use 26%, retail 11%; Manhattan 41%, Queens 36%, Brooklyn 22%
1707th largest by SF
9 properties – Manhattan 66%, Brooklyn 22%, Queens 11%
1287th largest
13 residential units – Manhattan 100%
4568th largest by residential units
Person Activity past 24 months:
Borrower signatory: 2 for $47 million
Developer (new building or major alteration): 4 for 32,451 square feet
Top Ten Associated Companies:
Donald Leeds (2), Cathay Bank (2), Shanghai Commercial Bank (1), Gjek Popaj (1), Riese Organization (1), Jack Srour (1), Bank of Hope (1), Young Tack Oh (1), Jeff Zheng (1), CTBC Bank (1)
Top Ten Associated People:
Bradbury Baker (2), Donald Leeds (2), Vanessa Siew (2), Gjek Popaj (1), Ann Martinez (1), Jack Srour (1), Juda Srour (1), Dan Kim (1), Young Tack Oh (1), Sam Sun Noh (1)
Recent activity as signatory:
• Hiuian Cheng, Bun Bun Cheng and Siu Ki Cheng borrowed $27.5 million from Cathay Bank for 112 West 28 Street on May 13, 2025.
• Hiu Ian Cheng borrowed $19.5 million from Bank of Hope for 38-42 11 Street on December 30, 2024.
• Tidal Real Estate Partners sold 314 Atlantic Avenue for $5 million to Hiuian Cheng on November 03, 2023.
• Hiuian Cheng sold Hunter street for $2.7 million to Jeff Zheng on October 18, 2023.
• Hiuian Cheng, Siu Ki Cheng and Bun Bun Cheng borrowed $10.5 million from Cathay Bank for 103 West 27 Street on April 06, 2023.
• Gimia Ma sold 101 West 27 Street for $4.5 million to Hiuian Cheng on April 06, 2023.
• 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.
• Hiuian Cheng borrowed $8.6 million from CTBC Bank for 47 Broadway on March 23, 2022.
• Donald Leeds sold 359 West 52 Street for $2.4 million to Hung Luk on February 08, 2021.
Latest Stories:
• Montperia, JLS sign $15.1M construction loan with Cathay for 33-unit LIC project (June 19, 2025)
• Cheng family signs $27.5M refi loan with Cathay Bank for hotel in Chelsea (May 16, 2025)
• Jeff Zheng pays $2.7M to Hiuian Cheng for dev site in Long Island City (October 25, 2023)
• Hiuian Cheng pays $4.5M for mixed-use in Chelsea, owns adjacent parcel (April 21, 2023)
• 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)