Andrew Chung


The Latest

Clockwise from left: 24-02 49th Avenue, 1260 Zerega Avenue and 60 Furman Street (Credit: Google Maps)

Bronx deal cracks list of top outer-borough loans

For the first time since August, a deal not in Brooklyn or Queens has made the monthly top-10 list...

Bronx deal cracks list of top outer-borough loans
Innovo in contract to buy LIC industrial site for $75M

Innovo in contract to buy LIC industrial site for $75M

Andrew Chung’s Innovo Property Group is in contract to buy the old warehouse of online grocer FreshDirect in Long...

Innovo in contract to buy LIC industrial site for $75M
Innovo in contract to buy Maspeth warehouse for $40M

Innovo in contract to buy Maspeth warehouse for $40M

Andrew Chung’s Innovo Property Group is making another bet on Queens. The Midtown-based investment firm, which Chung launched in...

Innovo in contract to buy Maspeth warehouse for $40M
Innovo planning investment in LIC industrial building

Innovo planning investment in LIC industrial building

Andrew Chung’s Innovo Property Group is negotiating a new deal in Long Island City. The company is working towards an...

Innovo planning investment in LIC industrial building
Paydirt: Shvo business, condo dynasties, Chung’s BK skyscraper visions … & more

Paydirt: Shvo business, condo dynasties, Chung’s BK skyscraper visions … & more

(Paydirt is a new weekly column that riffs on the biggest NYC real estate news of the moment, providing analysis and historical context on...

Paydirt: Shvo business, condo dynasties, Chung’s BK skyscraper visions … & more
Andrew Chung, DivcoWest near deal for Brooklyn’s tallest office tower

Andrew Chung, DivcoWest near deal for Brooklyn’s tallest office tower

Andrew Chung’s Innovo Property Group and San Francisco-based DivcoWest are in advanced talks to acquire Brooklyn’s tallest office tower,...

Andrew Chung, DivcoWest near deal for Brooklyn’s tallest office tower
Westbrook, Andrew Chung secure $136M loan to buy Long Island City warehouse

Westbrook, Andrew Chung secure $136M loan to buy Long Island City warehouse

Westbrook Partners and Andrew Chung’s Innovo Property Group scored a $136 million acquisition loan from ACORE Capital to buy...

Westbrook, Andrew Chung secure $136M loan to buy Long Island City warehouse
Westbrook, Andrew Chung to buy LIC warehouse for $195M

Westbrook, Andrew Chung to buy LIC warehouse for $195M

UPDATED, March 29, 4:56 p.m.: The New York City Housing Authority’s bargain rent of $9 per square foot at a...

Westbrook, Andrew Chung to buy LIC warehouse for $195M
Andrew Chung’s IPG Management takes Midtown space

Andrew Chung’s IPG Management takes Midtown space

Andrew Chung’s IPG Management, the new real estate investment fund he started after leaving the Carlyle Group, will be setting...

Andrew Chung’s IPG Management takes Midtown space
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