Steven Li
JLS Group Construction
Services
Construction
33-54 Farrington Street #2A, Flushing NY 11354
JLS Group Construction NYC portfolio
$50.7 million -elevator 78%, development 15%, B9 4%; Queens 100%*
2226th largest portfolio by dollar value
1,180 sqft – B9 100%; Queens 100%
8232th largest by SF
8 properties – Queens 100%
1348th largest
97 residential units – Queens 100%
1839th largest by residential units
Person Activity past 24 months:
Borrower signatory: 4 for $169.1 million
Developer (new building or major alteration): 18 for 354,183 square feet
Top Ten Associated Companies:
Carlos Salguero (2), Cathay Bank (2), Popular Bank (2), Fiona Wu (1), Bravo Capital (1), Maxim Capital Group (1), Melvyn Kivel (1)
Top Ten Associated People:
Carlos Salguero (2), Cindy Zhang (1), Aaron Krawitz (1), Dean Saltzman (1)
Recent activity as signatory:
• 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.
• Carlos Salguero sold 42-55 27 Street for $1.7 million to Steven Li on July 26, 2023.
• Steven Li filed plans for new building for 68,215 sqft in Elmhurst, Queens, on February 11, 2022.
• Steven Li borrowed $11.8 million from Popular Bank for 82-77 116 Street on June 28, 2021.
Latest Stories:
• 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)