Anthony Hu’s Eastern Star Development has sold a 70 percent stake in its Long Island City condo project at 27-17 42nd Road to an unnamed Chinese company, according to property records and sources familiar with the deal. The company sold the stake in its 182-unit project for $67.4 million. The condo is aiming for a $253.3 million sellout, making it one of the highest in the history of Queens. The Chinese firm is operating through the […]
source https://therealdeal.com/2018/10/31/chinese-firm-takes-70-stake-in-253m-lic-condo-project/
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