Tony Wang
W&L Group
(W&L Group Construction)
Developer, Owner
34-30 Collins Pl, Flushing, NY 11354
34-28 Collins Pl, Flushing, NY 11354
W&L Group NYC portfolio
$281.8 million -elevator 62%, hotel 28%, condo 7%; Manhattan 35%, Brooklyn 34%, Queens 29%*
752th largest portfolio by dollar value
778,272 sqft – elevator 54%, hotel 37%, condo 7%; Queens 41%, Brooklyn 37%, Manhattan 20%
592th largest by SF
9 properties – Brooklyn 79%, Queens 19%, Manhattan 1%
1134th largest
267 residential units – Brooklyn 56%, Manhattan 29%, Queens 13%
922th largest by residential units
Person Activity past 24 months:
Seller signatory: 2 for $22.4 million
Borrower signatory: 1 for $36 million
Developer (new building or major alteration): 2 for 0 square feet
Top Ten Associated Companies:
HCRE Hung & Chong Real Estate (2), Goodman Capital (1), Canon Hospitality Management (1), Shimin Cao (1), Suzhen Li (1), Barone Management (1), G4 Capital Partners (1)
Top Ten Associated People:
Nicoleta Christodoulou (2), Eric Goodman (1), Canon J. Patel (1), Shimin Cao (1), Suzhen Li (1), Scott Barone (1)
Recent activity as signatory:
• W&L Group borrowed $36 million from Goodman Capital for 2286 Cropsey Avenue, 2286 Cropsey Avenue, 2286 Cropsey Avenue, 2286 Cropsey Avenue, 2286 Cropsey Avenue, and others, Gravesend, Brooklyn on October 30, 2024.
• Tony Wang sold 823 39 Street for $20 million to Canon Hospitality Management on October 01, 2024.
• Liyu Lin and Tony Wang sold 38-08 Union Street, Flushing, Queens for $2.4 million to Shimin Cao and Suzhen Li on May 29, 2024.
• W&L Group borrowed $74 million from G4 Capital Partners for None on February 13, 2023.
• HCRE Hung & Chong Real Estate sold 131-15 Fowler Avenue, Flushing, Queens for $1.8 million to Tony Wang on December 02, 2022.
• HCRE Hung & Chong Real Estate sold 131-13 Fowler Avenue, Flushing, Queens for $1.6 million to Tony Wang on December 02, 2022.
• W&L Group ground leased None valued at $14 million to Barone Management on November 20, 2020.
Latest Stories:
• W&L Group signs $36M refi with Goodman Capital for condo project in Gravesend (November 11, 2024)
• Philadelphia’s Canon Hospitality pays $20M for hotel in Sunset Park (October 14, 2024)
• Barone Management signs net lease valued at $14M with W&L Group in Gravesend (July 09, 2021)