Ex-Carlyle partner pays $44M for Chinatown retail condo

Innovo Property Group chief’s new space sits at base of 202 Canal Street…

August 20, 2015 – Andrew Chung tackled his first major deal since leaving the Carlyle Group as a partner and launching his own firm.  Chung’s Innovo Property group, in a partnership with Artemis Real Estate Partners, bought the 15,500-square-foot retail condo… Read Article

New York state of mind

In setting up his own shop, the former Carlyle veteran is sticking to the market that he knows best…

April 2015 – As one of the top US real estate investment professionals at the Carlyle Group, Andrew Chung was a key dealmaker in New York City for the Washington, DC-based private equity firm. Now, the real estate executive is using that same market expertise to start up his own business. Read Article