Steven Li
JLS Group Construction
(JLS Construction)
Services
Construction
33-54 Farrington Street #2A, Flushing NY 11354
JLS Group Construction NYC portfolio
$91.3 million -elevator 72%, retail 16%, development 8%; Queens 100%*
1724th largest portfolio by dollar value
3,524 sqft – retail 66%, B9 33%; Queens 100%
7977th largest by SF
9 properties – Queens 100%
1291th largest
157 residential units – Queens 100%
1454th largest by residential units
Person Activity past 24 months:
Borrower signatory: 5 for $173.1 million
Developer (new building or major alteration): 16 for 2,344 square feet
Top Ten Associated Companies:
Cathay Bank (3), Bravo Capital (2), Popular Bank (2), Carlos Salguero (2), Melvyn Kivel (1), Fiona Wu (1), Ponce Bank (1), Maxim Capital Group (1)
Top Ten Associated People:
Aaron Krawitz (2), Carlos Salguero (2), John Shi (1), Dean Saltzman (1), Cindy Zhang (1)
Recent activity as signatory:
• JLS Group Construction borrowed $19.6 million from Bravo Capital for 82-77 116 Street on July 23, 2026.
• Steven Li and JLS Group Construction borrowed $15 million from Cathay Bank for 135-70 Kew Gardens Road on June 30, 2026.
• Sunlight Development, Ken Huang and JLS Group Construction borrowed $8.4 million from Ponce Bank for None on June 24, 2026.
• Montperia Group and JLS Construction Group borrowed $115 million from Maxim Capital Group for 42-19 24 Street on July 10, 2025.
• Montperia Group and JLS Group Construction borrowed $15.1 million from Cathay Bank for 42-53 27 Street on June 06, 2025.
• Steven Li filed plans for new building for 280,078 sqft in Long Island City, Queens, on August 02, 2024.
• Steven Li borrowed $14 million from Bravo Capital for 135-70 Kew Gardens Road on June 24, 2024.
• Montperia Group borrowed $25 million from Fiona Wu for 42-19 24 Street on April 24, 2024.
• Steven Li borrowed $16 million from Popular Bank for 82-77 116 Street on December 22, 2023.
• Carlos Salguero sold 42-53 27 Street for $1.8 million to Steven Li on July 26, 2023.
Latest Stories:
• Sunlight, Ken Huang, and JLS Group pay $15M for dev site in Elmhurst (July 01, 2026)
• Montperia, JLS sign $15.1M construction loan with Cathay for 33-unit LIC project (June 19, 2025)
• Steven Li signs $16M refi for 55-unit rental in Kew Gardens (January 22, 2024)
• Jeff Zheng pays $2.7M to Hiuian Cheng for dev site in Long Island City (October 25, 2023)
• Carlyle, Botanic sell LIC industrial for $49M to Montperia Group (August 31, 2023)
• Steven Li signs $2.6M contract to buy second dev site on Kew Gardens block (August 17, 2020)