Wei Chen
(chen wei, Chen Wei)
Amara Holding Group
Owner
142-22 37th Avenue, Flushing, NY 11354
Amara Holding Group NYC portfolio
$204.3 million -retail 47%, industrial 26%, development 16%; Queens 99%*
954th largest portfolio by dollar value
36,271 sqft – retail 50%, industrial 41%, office 7%; Queens 100%
3999th largest by SF
11 properties – Queens 100%
925th largest
125 residential units – Queens 100%
1570th largest by residential units
Other Links:
Person Activity past 24 months:
Buyer signatory: 2 for $14 million
Borrower signatory: 2 for $29.8 million
Developer (new building or major alteration): 16 for 25,333 square feet
Top Ten Associated Companies:
Ponce Bank (2), Sandra London (1), Ciro Lupo (1), Michael Gerasimou (1), Christopher Scala (1)
Top Ten Associated People:
Steven A. Tsavaris (1), Sandra London (1), Michael Gerasimou (1), Christopher Scala (1)
Recent activity as signatory:
• Wei Chen filed plans for major alteration for 25,333 sqft in Long Island City, Queens, on August 15, 2025.
• Sandra London and Ciro Lupo sold 10-28 47 Avenue for $5.6 million to FBL Development on July 29, 2025.
• FBL Development borrowed $24.8 million from Ponce Bank for 10-37 49 Avenue on June 26, 2025.
• Wei Chen borrowed $5 million from Ponce Bank for 10-37 49 Avenue on November 22, 2024.
• Christopher Scala sold 10-37 49 Avenue for $8.4 million to Wei Chen on November 22, 2024.
• Michael Gerasimou sold 9-06 27 Avenue for $2.7 million to Jingwen Ji on October 13, 2023.
• Wei Chen filed plans for new building for 75,579 sqft in Flushing, Queens, on May 01, 2023.
Latest Stories:
• FBL Development pays $5.6M for LIC dev site, sellers owned since 1998 (August 12, 2025)
• Wei Chen pays $8.4M for dev site in LIC (December 06, 2024)
• Jingwen Ji pays $2.7M for likely dev site in Astoria (November 02, 2023)