Steven Chen
(Chen Steven)
Senior Vice President
Team Manager
Cathay Bank
Cathay Bank NYC portfolio
$11.9 million -office 73%, condo 26%; Manhattan 73%, Queens 26%*
4446th largest portfolio by dollar value
22,482 sqft – office 73%, condo 26%; Manhattan 73%, Queens 26%
4762th largest by SF
2 properties – Queens 75%, Manhattan 25%
4251th largest
9 foreclosures, 2 bankruptcies, 3 other court cases.
Person Activity past 24 months:
Lender signatory: 5 for $63.1 million
Developer (new building or major alteration): 6 for 9,974 square feet
Top Ten Associated Companies:
Zhi Li Pan (1), Fei Guo (1), Neng Wang (1), Chun Hsiung J. Huang (1), Liu Yun Chen (1), Century Development Group (1), Clement Saad (1), Solly Araman (1), Guan Yu Li (1)
Top Ten Associated People:
Zhi Li Pan (1), Fei Guo (1), Neng Wang (1), Chunhsiung J. Huang (1), Liu Yun Chen (1), George Jiapeng Xu (1), Clement Saad (1), Solly Araman (1), Guan Yu Li (1)
Recent activity as signatory:
• Steven Chen filed plans for major alteration for 299 sqft in College Point, Queens, on March 29, 2026.
• Leopold Kaff borrowed $22.4 million from JPMorgan Chase for 85 Onderdonk Avenue on December 15, 2025.
• Guan Yu Li borrowed $19.4 million from Cathay Bank for 1222 63rd Street, Dyker Heights, Brooklyn on November 19, 2025.
• Clement Saad and Solly Araman borrowed $14 million from Cathay Bank for 581 Argyle Road on October 22, 2025.
• Liu Yun Chen borrowed $5.3 million from Cathay Bank for 56-12 58 Street on October 20, 2025.
• Century Development Group borrowed $15 million from Cathay Bank for 38-19 13 Street on September 19, 2025.
• Chun Hsiung J. Huang borrowed $9.5 million from Cathay Bank for 440 West 36 Street on July 08, 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.
• Xiao Ke Tang borrowed $18.2 million from Popular Bank for 43-25 52 Street on December 20, 2023.
• Zhi Li Pan borrowed $5.9 million from Cathay Bank for 91 Baxter Street on April 21, 2023.
Latest Stories:
• Leopold Kaff pays $28M to Jian Yang Zhang for industrial in Ridgewood (December 24, 2025)
• United Construction signs $22.5M refi with New Era for dev site in Sunset Park (July 25, 2025)
• Xiao Ke Tang signs $18.2M construction loan for 27-unit dev site in Sunnyside (January 15, 2024)
• Xiao Ke Tang pays $3.2M for Sunnyside dev site with plans for 27 units (May 19, 2022)
• Zhi Li Pan pays $7.4M for residential walkup in Chinatown (May 11, 2022)
• Neng Wang pays $11M for eight commercial condos in Flushing (April 27, 2022)