THE CONDO BOOK PROJECT

Union Center

37-16 Union Street, Queens, NY 11354

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Overview

Union Center is a new condo in Queens, with 1 parking unit and 1 commercial unit.

  • Offering plan: Accepted March 2025 · 346 pages
  • Prices: $137.2 million in all ($129.3 million when first offered)
  • Developer: Lions Group NYC; principals Linzhong Zhuo, Albert Shirian, Ramin Shirian, Christine Li and Kenneth Dardis
  • Sponsor: Zl Macedonia, LLC, represented by Moritt Hock & Hamroff, LLP
  • Neighborhood: Flushing, Queens
  • Subway: 4-minute walk to Flushing-Main St (7)
  • Amendments: 5, the latest in July 2026
  1. AcceptedMarch 2025
  2. 5 amendments

Common Charges & First-Year Budget

Closing Costs

The plan lists what a buyer pays at closing.

Sponsor's counsel fee
$5,000Paid by the purchaser to the sponsor's attorneys for the closingp. 80
Counsel's extra charges
  • $500: closing outside counsel's officep. 81
  • $500: adjourned closingp. 81
Working capital
“two (2) month Common Charges”Contribution to the condominium's working capital fundp. 17

Not listed: title insurance, mortgage tax, lender fees, mansion tax.

All 4 closing costs in the plan, with their pagesGet Full Access

Amendments

Amendment 4 Mar 12, 2026

Prices of multiple office and retail units updated effective the amendment date.

  • Prices changed for retail space (Retail A: $8,267,552) and multiple office units across floors 5-16
  • Schedule A updated with new offering prices for all units
  • Common charges and real estate tax estimates provided for period July 1, 2026 - June 30, 2027

Amendment 3 2025

Amendment declares the plan effective as of November 10, 2025, after 15% of units were purchased, and sets first closing for July 1, 2026.

  • Plan declared effective November 10, 2025 (14 units = 16.092% of 87 units purchased)
  • First closing anticipated on or about July 1, 2026
  • FinCEN Geographic Targeting Order requirements apply to closings on or after February 28, 2026 for entity purchases $300,000+ without bank financing
  • Operating budget has not changed
  • Plan extension for six (6) months from amendment filing date

Amendment 2 May 8, 2025

Sponsor entity changed from ZL Macedonia LLC to ZL Macedonia Owner LLC; construction loan obtained from Union Street Lender LLC.

  • Sponsor changed to ZL Macedonia Owner LLC (wholly owned by original sponsor ZL Macedonia LLC)
  • Property transferred by deed dated April 25, 2025
  • Construction loan obtained from Union Street Lender LLC at 45 North Station Plaza, Suite 214, Great Neck, NY
  • Plan effective upon sale of minimum 15% of units (14 units)
  • Construction loan will be satisfied or released before closing of first unit

Amendment 1 Mar 18, 2025

Sponsor changed prices for several units in the offering plan.

  • Unit prices updated effective March 18, 2025
  • Updated Schedule A with new offering prices for multiple office and retail units
What each amendment changed, line by lineGet Full Access

Team

Sponsor
Zl Macedonia, LLC
Developer
Lions Group NYCReported by web.archive.org
Principals
Linzhong Zhuo, Albert Shirian, Ramin Shirian, Christine Li, Kenneth Dardis
Tax estimate
Anthony Como AssociatesPrepared the first-year real estate tax projection
Construction lender
Hudson Lenders
General contractor
Lions Group IIHeld the general construction permit on DOB job 421767993
Property report
HPL Engineering P.C.Prepared the plan's description of the property and its condition · Named on p. 131
Interior designer
Paris ForinoReported by qns.com
Title agency
Cornerstone Land Abstract, LLCThe sponsor's title company for buyers; you can choose another · Named on p. 73

Zoning

Zoning district
C4-4

Today's zoning, from city data (PLUTO 26v2).

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