Ted Chen
New World Art Center
New World Art Center NYC portfolio
$45.2 million -elevator 100%; Manhattan 100%*
2345th largest portfolio by dollar value
73,106 sqft – elevator 100%; Manhattan 100%
2824th largest by SF
66 residential units – Manhattan 100%
2270th largest by residential units
3 foreclosures, 0 bankruptcies, 0 other court cases.
Top Ten Associated Companies:
Shanghai Commercial & Savings Bank (1)
Top Ten Associated People:
Timothy Chan (1), Chiu Nam Wu (1)
Recent activity as signatory:
• New World Art Center borrowed $34 million from Shanghai Commercial & Savings Bank for 343 West 35 Street on November 24, 2020.
• Ted Chen filed plans for major alteration for 69,891 sqft in Garment District, Manhattan, on January 25, 2013.
Latest Stories:
• $91M Hudson Yards condo project ups debt to $34M from Shanghai Commercial (January 29, 2021)
