There is no rest for Chris Xu. The prolific, Queens-based developer has another project in the works. This time, he has secured a multi-million dollar mortgage ($67.5 million to be precise) that will enable him to build a huge condo project in Elmhurst. This development
Powerful Queens-based developer Chris Xu has decided to part ways with a development he owns located in Jamaica, Queens. The site known as Archer Towers will be selling for approximately $55 million. As far as new reports show, BRP Companies have already entered contracts to
Chris Xu has decided to part ways with some of the property he acquired in Flushing last year. Xu is a very prolific developer that is based in Queens and is the president of the United Construction and Development Group. The land he sold was
Chris Xu, the head of United Construction and Development Group has secured a huge loan recently. The loan is for $44 million, and Xu has big plans for it. He will develop a Marriott hotel very close by to LaGuardia Airport, a hotel that will
A staggering $104 million land loan for a nine-parcel development site in Long Island City, Queens has just been recently closed by Cushman & Wakefield. Jia Shu Xu of C&G Empire Realty has been provided by Ladder Capital with an 18-month non-recourse loan for the
A 420,000 buildable square foot listing was just put on the market for $24 million in Downtown Jamaica. The building located at 14-707 94th Avenue is being sold by World Wide Food Products as per DNAinfo. The tower is close to the AirTrain station. Recently there
Look out Long Island city, look out Astoria, look out Flushing, because Jamaica is going through a development boom. As Brooklyn’s prices rise they have caused a domino effect and spill over into western Queens such as Long Island City and Astoria.