Astoria Rowan II

Total building area of 104,000 sq.ft, including 18,000 sq.ft of commercial space.

A 7-story mixed-use building comprising 86 luxury condominiums and 35 indoor parking spaces;

Amenities include an indoor swimming pool, gym, sauna, golf simulator, business lounge, and rooftop terrace;

Expected delivery date: June 2027;

Located in Astoria, Queens, close to Manhattan, within a well-equipped and peaceful community amid a bustling urban center.

Just 15 minutes from Manhattan, Astoria is a treasured neighborhood—where Mediterranean charm meets the vibrant pulse of modern urban life. It is one of the most distinctive and rapidly developing areas in Queens.

Once home to New York’s earliest immigrant communities, Astoria still proudly preserves its rich Greek heritage, culinary traditions, and strong sense of community. At the same time, a new wave of young professionals has infused the area with fresh energy—cafés, art spaces, upscale grocery stores, and new residential developments are on the rise, making Astoria a top destination for those seeking “lifestyle-driven real estate.”

Astoria, nestled in the borough of Queens, New York City, pulsates with a vibrant cultural mosaic. Its tree-lined streets are adorned with historic buildings, welcoming cafes, and diverse eateries reflecting its rich immigrant heritage. Astoria's waterfront offers breathtaking views of the Manhattan skyline, drawing both locals and tourists alike. The neighborhood thrives with artistic flair, boasting galleries, theaters, and music venues. With its close-knit community spirit and bustling energy, Astoria embodies the quintessential New York experience, where old-world charm meets modern dynamism, making it an irresistible destination for exploration and immersion.

FBL Development was founded in 2016 by Steven Shi and Yong Chen and is headquartered in the vibrant Queens borough of New York. It is a pioneering force in the local real estate industry, specializing in providing modern, affordable housing options. The company has quickly gained market recognition for its commitment to quality and innovation.

FBL Development aims to redefine urban living by delivering residences that combine modern design, functional practicality, and affordability. Their projects stand out for their elegant architectural style, advanced amenities, and meticulous attention to detail.

With a strong focus on meeting the needs of diverse communities, FBL Development has established a solid reputation as a trusted brand, shaping Queens’ skyline while making high-quality housing accessible to many.

LEADING TEAM OF PROFESSIONALS

Economist

(TEA letters & Economic Report)

Baker Tilly US, LLP is an advisory CPA firm, currently ranks among top 10 largest CPA firms in the U.S. The firm has over 6,500 team members across 61 local and 13 overseas offices. Baker Tilly US, LLP is the largest member firm of Baker Tilly International, the world's 10th largest network of accounting & business services firms.

Mr. Han Jun Li, Esq. is an immigration attorney with over 10 years of experience in the EB-5 industry. Mr. Li has successfully assist both Regional Centers in their designation and project filings, as well as EB-5 investors from China, Hong Kong, Taiwan, Vietnam and India to file their EB-5 petitions. Up to date, Mr. Li has 100% approval rate on the EB-5 project package he has filed.