Kuafu founders Shang Dai, left, and Zengliang “Denis” Shan
Before Kuafu Properties went on a $700 million-plus Manhattan spending spree, the Chinese development firm introduced itself last year with a routine press release.
The little-known U.S.-based company, which is headquartered in Times Square, announced plans with Siras Development to build a 47-story, mixed-use tower on the Far West Side topped off by a restaurant targeted at an international clientele, dubbed the “Shanghai Club.”