Joseph Chiou

Cathay Bank

Cathay Bank NYC portfolio

$13.9 million* – office 63%, condo 36%; Manhattan 63%, Queens 36%

3650th largest portfolio by dollar value

22,482 sqft – office 73%, condo 26%;

4109th largest by SF

2 properties – Queens 75%, Manhattan 25%

3637th largest

8 foreclosures, 2 bankruptcies, 3 other court cases.

Top Ten Associated Companies:

Xue Mei Yi (2)

Top Ten Associated People:

Xue Mei Yi (2)

Recent activity as signatory:

Ding Liang Cao borrowed $11 million from Hana Bank for 71-08 51st Avenue, Maspeth, Queens on March 20, 2025.

Xue Mei Yi borrowed $15.6 million from Cathay Bank for 95-01 37th Avenue, Jackson Heights, Queens on December 27, 2022.

Xue Mei Yi borrowed $5 million from Cathay Bank for 95-01 37th Avenue, Jackson Heights, Queens on November 10, 2021.

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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