Tommy Huang pleads guilty to illegal condo sales in Elmhurst: AG

One of Tommy Huang's creations in Bayside is incomplete after Community Board 11 voted against granting him a variance to finish working on the site.
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A notorious Queens developer pleaded guilty to developing and selling condos in Elmhurst after a 1999 court order banned them from the business, the state attorney general said.

Tommy Huang, 59, and his wife Alice, 60, entered felony guilty pleas in Queens Supreme Court and will cough up $3.3 million in illegal profits and $1.5 million in penalties in lieu of jail time, Attorney General Eric Schneiderman said Wednesday.

The guilty pleas related back to a 1999 court order that barred the Huangs from selling condominiums and other cooperate realty interests in the state. The state imposed the ban because the couple cheated homebuyers and failed to pay common charges on unsold apartments at the Flushing Tower Condominium, the AG said.

This time around, the attorney general said the couple conspired with their son Henry Huang, 35, to sell condo units at the Elmhurst Broadway Tower Condominium, a property they developed in 2008.

“Today we are holding Tommy and Alice Huang and their son accountable for fraudulent business practices,” Schneiderman said. “We’re requiring the Huangs to pay back their ill-gotten gains with a hefty fine that sends the message — enough is enough.”

The couple’s plea agreement required both Tommy and Alice Huang to give up their ownership of the Elmhurst condos and pay back their profits, Schneiderman said. They will also be blocked along with their son from construction and real estate in New York for at least five years.

In 1999, Huang pleaded guilty to damaging the landmarked interior of the RKO Keith’s Theatre in downtown Flushing and was sentenced to five years’ probation by the attorney general’s office.

Reach reporter Phil Corso by e-mail at or by phone at 718-260-4573.

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Reader Feedback

Dianne Stromfeld from formerly flushing says:
How do we let this man stay out of jail. Fines are nothing more than the cost of doing business. Probation for nearly destroying the Keith and now a fine for doing dirty business. Put them in jail if you want to make a point. Fines are just money to this ilk. There are so many cases where severe infractions are simply fined and the perpetrator walks away and continues to do business. This is just a slap on the wrist. Take them out of circulation if you want to show an example.
June 20, 2013, 7:19 am
Adam from Grew up in Flushing says:
The man has plenty of money. Fines mean nothing to him. I am sick of having people walking away from major wrong doing with just a fine. It might put us in the poor house but this is like me being fined five cents. I believe that any monetary settlement should be determined by their net-worth. That way it hurts everyone equally, Do you think a $250 ticket for parking in a Handicap spot would stop a man with real money and no morals. NO but if you make him or her pay a percentage of his net worth he will think twice. Anyway back to the issue in hand.. That theater is known to everyone in Flushing to be a Landmark. To go inside and destroy all of our memories should pay for it with his freedom for a very long time.
July 19, 2013, 6:28 am

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