Sunny Chiu
Vice Chairman
F&T Group
37-12 Prince Street, Flushing, New York 11354
F&T Group NYC portfolio
$483.2 million -condo 81%, industrial 13%, specialty 4%; Queens 99%*
455th largest portfolio by dollar value
1,056,037 sqft – condo 88%, industrial 11%; Queens 100%
465th largest by SF
10 properties – Queens 100%
1003th largest
151 residential units – Queens 100%
1399th largest by residential units
7 foreclosures, 0 bankruptcies, 1 other court case.
Other Links:
Person Activity past 24 months:
Borrower signatory: 3 for $20 million
Top Ten Associated Companies:
Cirrus Real Estate Partners (2), Shanghai Commercial Bank (2), F&T Group (1), JPMorgan Chase (1), Barclays (1), Maxim Capital Group (1), Rockefeller Group Development (1)
Top Ten Associated People:
Sunny Chiu (1), Jennifer R. Lewin (1), Adam Scotto (1), Eric Chan (1), Megumi Brod (1)
Recent activity as signatory:
• F&T Group borrowed $20 million from Maxim Capital Group for 35-32 College Point Boulevard on October 28, 2025.
• Cirrus Real Estate Partners on September 30, 2025 bought a loan with an original principal of $25 million from Shanghai Commercial Bank, signed by Nim Chi Lau|Chiu Nam Wu, secured by 37-02 College Point Boulevard, when owned by F&T Group.
• Cirrus Real Estate Partners on September 30, 2025 bought a loan with an original principal of $137 million from Shanghai Commercial Bank, signed by Nim Chi Lau|Chiu Nam Wu, secured by 133-36 37th Avenue, 133-36 37th Avenue, 133-27 39th Avenue, 133-27 39th Avenue, 37-12 Prince Street, and others, Flushing, Queens, when owned by F&T Group.
• Rockefeller Group Development sold 136-35 39 Avenue for $32.8 million to F&T Group on June 01, 2023.
• F&T Group borrowed $57.1 million from JPMorgan Chase and Barclays for 38-21 Main Street, 38-21 Main Street, 38-21 Main Street, 38-21 Main Street, 38-21 Main Street, and others, Flushing, Queens on May 05, 2023.
• F&T Group borrowed $14.2 million from Shanghai Commercial Bank for 37-12 Prince Street, 37-12 Prince Street, 37-12 Prince Street, 37-12 Prince Street, 37-12 Prince Street, and others, Flushing, Queens on September 19, 2022.
• F&T Group borrowed $14.6 million from Shanghai Commercial Bank for 133-27 39th Avenue, 133-27 39th Avenue, 133-27 39th Avenue, 133-27 39th Avenue, 133-27 39th Avenue, and others, Flushing, Queens on December 22, 2021.
• F&T Group sold 133-36 37th Avenue and 133-36 37th Avenue, Flushing, Queens for $32.4 million to F&T Group on December 24, 2020.
• Sunny Chiu filed plans for new building for 77,228 sqft in Flushing, Queens, on June 27, 2016.
• Sunny Chiu filed plans for new building for 281,894 sqft in Flushing, Queens, on May 06, 2015.
Latest Stories:
• Cirrus files pre-foreclosures on $187M debt at F&T’s Flushing holdings (November 21, 2025)
• Cirrus Real Estate buys $25M note secured by F&T parking lot in Flushing (November 06, 2025)
• F&T Group pays $32.8M to partners for Flushing Commons dev site (June 13, 2023)
• Kevin Tin pays $2.9M to F&T Group for office condo in Flushing (June 06, 2023)
• F&T Group signs $57.1M refi for 17 commercial condos in Flushing, down from $75M (May 22, 2023)
• F&T Group signs $14.2M condo inventory loan for 10 unsold units in Flushing (October 12, 2022)
• F&T Group obtained financing of $163M from Shanghai Commercial Bank (July 25, 2019)
