Linzhong Zhuo
Managing Principal
Sunlight Development
(Sunlight Construction, Sunlight Development Group)
Developer
135-25 Northern Blvd FL. 2 Flushing, NY 11354
201 46th St, Brooklyn, NY 11220
Sunlight Development NYC portfolio
$305.2 million -retail 47%, industrial 18%, elevator 17%; Queens 77%, Brooklyn 22%*
780th largest portfolio by dollar value
365,130 sqft – elevator 55%, industrial 16%, condo 14%; Brooklyn 61%, Queens 38%
1118th largest by SF
22 properties – Queens 95%, Brooklyn 5%
504th largest
218 residential units – Queens 72%, Brooklyn 27%
1139th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Notes
Duplicate
Person Activity past 24 months:
Buyer signatory: 2 for $43 million
Borrower signatory: 4 for $58.8 million
Developer (new building or major alteration): 32 for 87,872 square feet
Top Ten Associated Companies:
Amerasia Bank (7), S3 Capital (4), CTBC Bank (1), Joseph Torres (1), Michael Sklar (1), Sharan Sklar (1), Rita Sklar (1), NuVerse Advisors (1), Michael Lagoudis (1), Daniel Licht (1)
Top Ten Associated People:
Chi-Jen Hsu (4), Joshua Crane (3), Dov Schlein (2), Jose I. Torres Jr. (1), Michael Sklar (1), Sharan Sklar (1), Stephen Saali (1), Michael Becker (1), Jim Lin (1), Wai Lee (1)
Recent activity as signatory:
• Sunlight Development borrowed $20 million from Amerasia Bank for 138-32 Northern Blvd, 138-18 Northern Blvd, and 138-18 Northern Blvd, Flushing, Queens on June 17, 2026.
• Sunlight Development and B Square Realty borrowed $13.5 million from Amerasia Bank for 133-47 39 Avenue on April 23, 2026.
• Linzhong Zhuo filed plans for major alteration for 51,402 sqft in Greenpoint, Brooklyn, on March 17, 2026.
• Linzhong Zhuo filed plans for major alteration for 22,697 sqft in Flushing, Queens, on March 12, 2026.
• Sunlight Development borrowed $17.5 million from S3 Capital for 350 Hicks Street on February 18, 2026.
• Madison Realty Capital sold 350 Hicks Street for $33.2 million to Sunlight Development on February 18, 2026.
• Linzhong Zhuo filed plans for new building for 8,537 sqft in Long Island City, Queens, on January 24, 2026.
• Sunlight Development borrowed $7.8 million from Amerasia Bank for 816 58 Street on August 14, 2024.
• William Chou sold 816 58 Street for $9.8 million to Sunlight Development on August 14, 2024.
• Michael Sklar, Sharan Sklar and Rita Sklar sold 26 East 29 Street for $65 million to Sunlight Development on June 05, 2024.
Latest Stories:
• Sunlight Development pays $33.2M to Madison Realty for dev site in Cobble Hill (March 06, 2026)
• Sunlight Development pays $9.8M for mid-construction project in Sunset Park (September 03, 2024)
• David Aboodi affiliate buys $4.98M note secured by Sunset Park dev site (June 25, 2024)
• Sunlight Dev. signs $50M loan with NuVerse affiliate for resi conversion in NoMad (June 17, 2024)
• Sunlight Dev. signs $65M contract for NoMad office, plans 70-unit conversion (June 03, 2024)
• Sunlight Development, Linzhong Zhuo sign $12M refi in Flushing (April 29, 2024)
• Goodman Capital gives $23M loan for NoMad office building exiting bankruptcy (February 23, 2024)
Court Records: