11/25/2013
PARTNER
Award-Winning Developer
FLEET FINANCIAL GROUP, INC. (FFG) is a development & asset management
firm exclusively managing the real estate assets and developments. FFG provides
complete development, asset and portfolio management services including land
acquisition, commercial & residential development, marketing research, valueadded
strategies, financing, property management and leasing, and other related
capabilities. Since it inception, the FFG has built a solid reputation as developer of
high quality, environmental friendly “Green” projects.
Its recent environmentally-friendly and energy-saving commercial and residential
project Shangri-La Tower in Queens area was awarded “Best New Building of
Content Design”, and was awarded“The 97th Architecture Award”from“Queens
Chamber of Commerce in Dec. 2009.
World-Reputed Project Engineer
New York State Cooperation
East West Bank Agent
East West Bank is the largest commercial bank mainly facing Chinese clients
in the United States, owning assets over $100,000,000. With its experienced
management and growing during economic crisis, its stock become one that Wall
Street recommend most.
New York State and the Federal Ministry of Finance is implementing New Market
Tax Credit, which is enacted by Congress as part of the Community Renewal Tax
Relief Act of 2000. This permits individual and corporate taxpayers to receive a
credit against federal income taxes for making Qualified Equity Investments in
qualified community development entities, in order to create jobs and promote
material improvement. New York LaGuardia International Airport Hotel Project has
also been supported by this tax policy.
With years of industry specific expertise, extensive resources, and a reputation
for integrity, Racanelli is recognized as one of the region’s leading providers
of preconstruction planning, project management, design/build, and general
contracting services.
Since its founding over six decades ago, the company has been responsible for new
construction and renovation across a broad range of market segments, completing
projects that include corporate headquarters, industrial complexes, hospitals,
assisted living facilities, college facilities, hotels, restaurants, condominiums and
townhouses, etc.