About Us

Our History

HSR Corp’s history is rooted in the immigrant experience, marked by hard work, perseverance, and family unity – as well as a bit of luck along the way. Coming to the United States with determination, the Fung family steadily built their success from humble beginnings in the garment industry, eventually finding true opportunity in the real estate and property sector. Their realization of the American dream was built on sacrifice, dedication, and resilience across generations.

Our Founder

Founder - A middle-aged man with glasses in a black suit, white shirt, and red striped tie, standing in front of patterned and solid-colored fabrics.

The company’s founder, Irving (see Yee) Fung - the Fung family patriarch, was deeply inspired by his own father, whose entrepreneurial spirit and values laid the foundation for the family legacy which continues to drive HSR Corp today. Through hard work, sacrifice, and a strong family bond, Irving Fung and his wife, Sau Fung (Gong) Fung raised six children, instilling a value driven work ethic and dedication to family. The success of HSR Corp is attributed to resilience, seizing opportunity, and most importantly having the strength and support of family which remain central to the company’s culture today.

Our Growth

385 Park Ave. South - A tall, beige brick apartment building with many windows against a blue sky with a few clouds.

The company’s growth has been characterized by a careful expansion from building a stable foundation, then employing sound, sustainable investment principles to ensure a steady, measured growth. Through the development and nurturing of trusted partnerships coupled with a hands-on commitment to property acquisition, HSR Corp’s property development philosophy honors the enduring family values of hard work, reliability, and mutual support. This rigorous approach has provided substantial, realized growth throughout the years.

Our Beginning

Historical black and white photograph of a busy city street lined with multi-story brick buildings, storefronts, signs advertising toys, jewelry, and musical instruments. There are vintage cars and pedestrians on the street, with leafless trees and a lamp post in the foreground.

HSR Corp’s beginnings trace back to 1982 with the acquisition of 503-511 Broadway, a historic SoHo property built in 1878-79 as the Loubat Stores, initially purchased to house their garment manufacturing business. This marked a transition from owning smaller residential and commercial properties to owning larger property assets. Taking advantage of market opportunities without over leveraging their core business would be a philosophy that guides their property development approach.

Today

NoMad - Cityscape with tall buildings and clear blue sky in an urban downtown area.

Today, HSR Corp builds upon its rich family heritage with a broad team of experienced professionals, enabling expansion beyond a purely family-run enterprise. This evolution allows the company to seize new opportunities while maintaining the time-honored values that remain central to its identity. The company remains committed to growing sustainably, delivering client-centric properties, while providing measured profitability to all its stakeholders.

Our Approach

HSR Corp’s approach centers on steady, prudent growth rooted in resilience, hard work, and integrity. It embraces a hands-on, self-reliant approach that values long-term relationships and sound business judgment. By blending respect for heritage with a flexible, measured strategy, HSR Corp prioritizes sustainable development, operational excellence, and selective partnerships—balancing tradition with professional expertise to create long lasting value for stakeholders.

Our Values

Honesty

A vintage architectural drawing of a city street with commercial buildings, showing storefronts and pedestrians on the sidewalk, labeled with business names from the early 20th century.

Our word is our promise.
HSRCorp was built on the backbone of the Fung family work ethic and reputation…both of which are not compromised.

Old-School

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Conscientious and measured in our approach ensuring we make sound, vetted business decisions.
We believe in building strong, mutually beneficial, lasting relationships.

Self-Reliant

503-511 Broadway - Facade of a building with large windows, a Zara store sign, and people walking past.

In-house expertise allows us to control all aspects of the business thus maintaining independence.
This independence allows us the ability to be highly selective with whom, where, when, and how we partner with others.

Our Team

HSR Corp’s team is a multigenerational organization spanning three generations of the Fung family, enriched with the addition of highly skilled professionals recognized in their fields. This blend of family legacy and expert talent has fostered a close-knit team culture grounded in the company’s core values of hard work, reliability, and mutual support. Over time, this approach has cultivated many long-standing relationships, creating a unified organization that balances tradition with professional expertise to drive sustained success.