Raymond Qiao
Chief Lending Officer/Executive Vice President
Bank of China
Lender
410 Madison Ave New York, NY 10017
Person Activity past 24 months:
Lender signatory: 6 for $547.1 million
Top Ten Associated Companies:
SL Green Realty (1), Philips International (1), Masterworks Development (1), Vornado Realty Trust (1), John Giuffre (1), ZD Jasper Realty (1), American Realty Advisors (1), Cheer Land Investment Group (1), United Construction & Development Group (1), Yan Zou (1)
Top Ten Associated People:
Andrew S. Levine (1), Michael Pilevsky (1), Alvaro Bolivar (1), Steven Borenstein (1), John Giuffre (1), Zhidong Wu (1), Scott Darling (1), Brendan Liang (1), Jiashu Xu (1), Yan Zou (1)
Recent activity as signatory:
• ZD Jasper Realty borrowed $42 million from Bank of China for 43-13 52 Street on December 29, 2025.
• Vornado Realty Trust borrowed $175 million from Bank of China for 61-01 Junction Boulevard, Rego Park, Queens on December 05, 2025.
• John Giuffre borrowed $17.5 million from Bank of China for 830 63 Street on November 20, 2025.
• Philips International borrowed $27.6 million from Bank of China for 200 West 72nd Street, 200 West 72nd Street, and 200 West 72nd Street, Upper West Side, Manhattan on July 24, 2025.
• Masterworks Development borrowed $75 million from Bank of China for 19 Albany Street on February 14, 2025.
• American Realty Advisors borrowed $210 million from Bank of China for 229 Chrystie Street and 95 East Houston Street, Lower East Side, Manhattan on October 30, 2024.
• Clipper Equity borrowed $330 million from JPMorgan Chase for Box street park on May 10, 2024.
• iCross Capital on January 26, 2023 bought a loan with an original principal of $23 million from Bank of China, signed by Raymond Qiao, secured by 42-51 24 Street, when owned by United Construction & Development Group.
• Yan Zou borrowed $20 million from Bank of China for 232 West 30 Street on June 30, 2022.
• Cheer Land Investment Group borrowed $42.5 million from Bank of China for 555 West End Avenue, 555 West End Avenue, 555 West End Avenue, 555 West End Avenue, 555 West End Avenue, and others, Upper West Side, Manhattan on May 06, 2022.
Latest Stories:
• ZD Jasper signs $42M refi for new 87-unit rental in Sunnyside (January 16, 2026)
• ZD Jasper signs $35M refi with Chase for new 87-unit rental in Sunnyside (September 12, 2024)
• Clipper Equity signs $430M refi for 720-unit rental in Greenpoint (June 07, 2024)
• Vornado sues Century 21, Gindi, over Rego Center mall lease (September 11, 2023)
• United Construction & Development files plans for 217-unit project in LIC (August 28, 2023)
• United Construction & Development files to demo 76K LIC building (September 16, 2022)
