Jiashu Xu
(Jia Shu Xu, Chris Xu, Chris Jiashu Xu)
President
Founder
United Construction & Development Group
(United Construction and Development Group)
Developer, Owner
33-33 Prince Street, 4th Floor, Flushing NY 11354
112-15 Northern Blvd, #2 Corona NY 11368
United Construction & Development Group NYC portfolio
$1 billion -development 31%, industrial 16%, O8 11%; Queens 97%, Brooklyn 2%*
222th largest portfolio by dollar value
1,712,748 sqft – O8 24%, elevator 17%, industrial 13%; Queens 95%, Brooklyn 4%
278th largest by SF
121 properties – Queens 98%, Brooklyn 1%
45th largest
2,950 residential units – Queens 100%
94th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Person Activity past 24 months:
Buyer signatory: 2 for $85.7 million
Seller signatory: 1 for $21.4 million
Borrower signatory: 12 for $415.1 million
Developer (new building or major alteration): 29 for 941,968 square feet
Top Ten Associated Companies:
Bank of China (5), New Era Life Insurance (5), iCross Capital (4), First Commercial Bank (3), Frank Wong (3), Preferred Bank (3), State Bank of Texas (2), Young Nian Group (2), Maxim Capital Group (2), New Era Life Insurance Company (2)
Top Ten Associated People:
Bill S. Chen (5), Frank Wong (3), Sylvia Tseng (2), Lily Guo (2), Melody Collins (1), Patrick J. West (1), Tianyi Wang (1), Yong Ma (1), Eric Sadkin (1), Steven A. Tsavaris (1)
Recent activity as signatory:
• United Construction & Development Group borrowed $17.9 million from Preferred Bank for 140-28 31 Drive on April 21, 2026.
• United Construction & Development Group borrowed $50 million from iCross Capital for 42-63 23 Street on April 02, 2026.
• United Construction & Development Group borrowed $28.8 million from iCross Capital for None on February 27, 2026.
• United Construction & Development Group borrowed $12.5 million from Maspeth Federal Savings for 41-26 22 Street on December 19, 2025.
• United Construction & Development Group borrowed $50 million from Preferred Bank for 41-80 Main Street on November 18, 2025.
• Madison Realty Capital sold 41-80 Main Street for $64.2 million to United Construction & Development Group on November 18, 2025.
• United Construction & Development Group borrowed $39.5 million from New Era Life Insurance for 41-37 21 Street on November 14, 2025.
• United Construction & Development Group borrowed $40 million from iCross Capital for 42-63 23 Street on July 30, 2025.
• United Construction & Development Group and Ki Tai Yeung borrowed $22.5 million from New Era Life Insurance for 6223 6 Avenue on June 18, 2025.
• United Construction & Development Group borrowed $40 million from New Era Life Insurance for 93-99 62 Avenue on May 30, 2025.
Latest Stories:
• United Construction & Development signs $50M refi with iCross for LIC dev site (April 21, 2026)
• iCross refis 71-unit United Construction development in LIC with $28.8M loan (March 12, 2026)
• United Construction & Development signs $40M refi with iCross for LIC dev site (August 20, 2025)
• United Construction & Development files plans for 387-unit project in LIC (August 14, 2025)
• United Construction signs $22.5M refi with New Era for dev site in Sunset Park (July 25, 2025)
Court Records: