Tony Wang

W&L Group

Developer, Owner

34-30 Collins Pl, Flushing, NY 11354

34-28 Collins Pl, Flushing, NY 11354

W&L Group NYC portfolio

$307.7 million* – elevator 57.0%, hotel 27.0%; Queens 35.0%, Manhattan 32.0%

534th largest portfolio by dollar value

758,220 sqft – elevator 56.0%, hotel 38.0%;

431th largest by SF

202 properties – Brooklyn 80%, Queens 18%

27th largest

267 residential units – Brooklyn 56.0%, Manhattan 29.0%

703th 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): 3 for 0 square feet

Top Ten Associated Companies:

HCRE Hung & Chong Real Estate (2), G4 Capital Partners (1), Goodman Capital (1), Canon Hospitality Management (1), Shimin Cao (1), Suzhen Li (1), Barone Management (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 November 08, 2024.

Tony Wang sold 833 39th Street, Sunset Park, Brooklyn for $20 million to Canon Hospitality Management on October 11, 2024.

• Liyu Lin and Tony Wang sold 38-08 Union Street, Flushing, Queens for $2.4 million to Shimin Cao and Suzhen Li on June 27, 2024.

W&L Group borrowed $74 million from G4 Capital Partners for 2300 Cropsey Avenue, Gravesend, Brooklyn on February 23, 2023.

HCRE Hung & Chong Real Estate sold 131-13 Fowler Avenue, Flushing, Queens for $1.6 million to Tony Wang on December 22, 2022.

HCRE Hung & Chong Real Estate sold 131-15 Fowler Avenue, Flushing, Queens for $1.8 million to Tony Wang on December 22, 2022.

W&L Group sold 2286 Cropsey Avenue, Gravesend, Brooklyn for $14 million to Barone Management on July 08, 2021.

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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