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From Flushing to flush: The rise of Kuafu

How the Chinese developer went from obscurity to the big leagues seemingly overnight

Kuafu
Kuafu founders Shang Dai, left, and Zengliang “Denis” Shan

From the December issue: Before Kuafu Properties went on a $700 million-plus Manhattan spending spree, the Chinese development firm introduced itself last year with a routine press release.

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The little-known U.S.-based company, which is headquartered in Times Square, announced plans with Siras Development to build a 47-story, mixed-use tower on the Far West Side topped off by a restaurant targeted at an international clientele, dubbed the “Shanghai Club.” [more]

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Kuafu Properties