President,New Empire Group Corp.
Bentley Zhao is the president and CEO of New Empire Real Estate Group. Since year 2000, Mr. Zhao has been managing the firms business in the architect, construction, building materials supply and so on. Under his leadership, NERE has achieved an outstanding achievement in the New York real estate market. In the past 16 years, Mr. Zhao led his development team and has successfully finished over 100 projects. Among them, 20 development projects were independently completed, and such completed projects range from luxury single houses, office buildings, commercial buildings, rental apartment buildings, and mix-used buildings.
New Empire Real Estate Group has positioned itself in condo and hotel development and has successfully completed 100% of its past projects. The company successfully completed a 7,000-square foot luxury project located at 12 East 73rd Street that sold at the 5th highest price in Manhattan at that point in history shortly after the economic downturn. As a result of its outstanding track record, The Schack Institute of Real Estate at the New York University selected one of New Empire’s projects located on 286 Spring Street as a case study for its MBA class. The principals of New Empire Real Estate Group are deeply involved in their projects and invest their own equity in all of their projects. The principals are involved in all phases of each project, an approach that facilitates effective planning and execution while maintaining budget and quality discipline. The company has a long track record of successfully reinventing boutique city buildings in New York. Mr. Zhao has led the company a total investment amount of USD450 million, and a total sale of USD700 Million.