Mendel Berkowitz

Ceo

Borough Developers

Developer, Owner

199 Lee Ave #471 Brooklyn NY 11219

B. Contractors

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Borough Developers portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$8.1 million – V1 80.0%, retail 17.0%; Brooklyn 100.0%, Manhattan 0.0%

2951th largest portfolio by dollar value

102,650 sqft – V1 55%, development 31%;

1867th largest by SF

9 properties – Brooklyn 100%, Manhattan 0%

148th largest

40 residential units – Brooklyn 100%, Manhattan 0%

758th largest by residential units

Person Activity past 24 months:

Buyer signatory: 3 for $25.8 million

Seller signatory: 0 for $0

Borrower signatory: 4 for $108.5 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 8 for 154,682 square feet

Top Ten Associated Companies:

S3 Capital (3), Joseph Lentini (2), BridgeCity Capital (1), Slate Property Group (1)

Top Ten Associated People:

Joseph Lentini (2), Joshua Crane (2), Louis Lebovits (1), David Schwartz (1)

Recent activity as signatory:

Mendel Berkowitz filed plans for new building for 13,653 sqft in Bedford Stuyvesant, Brooklyn, on July 31, 2024.

Mendel Berkowitzand Solomon Reinerand Moshe Richard borrowed $17.5 million from S3 Capital for 101-107 South 6th Street and 109 South 6th Street, Williamsburg, Brooklyn on June 13, 2024.

Mendel Berkowitz filed plans for major alteration for 6,750 sqft in Bedford Stuyvesant, Brooklyn, on April 21, 2024.

Mendel Berkowitz filed plans for major alteration for 7,678 sqft in Williamsburg, Brooklyn, on April 19, 2024.

Mendel Berkowitz filed plans for major alteration for 7,018 sqft in Williamsburg, Brooklyn, on April 19, 2024.

Mendel Berkowitz filed plans for major alteration for 7,654 sqft in Williamsburg, Brooklyn, on April 19, 2024.

Mendel Berkowitz filed plans for major alteration for 7,678 sqft in Williamsburg, Brooklyn, on April 19, 2024.

Borough Developersand Lineage Healthcareand Moshe Richard borrowed $8 million from S3 Capital for 101 South 6th Street and 109 South 6th Street, Williamsburg, Brooklyn on February 16, 2024.

Joseph Lentini sold 101-107 South 6th Street, Williamsburg, Brooklyn for $10 million to Borough Developersand Lineage Healthcareand Moshe Richard on February 16, 2024.

Joseph Lentini sold 109 South 6th Street, Williamsburg, Brooklyn for $3.8 million to Borough Developersand Lineage Healthcareand Moshe Richard on February 16, 2024.

Latest Stories:

• Borough Developers, Lineage Healthcare, Moshe Richard pay $13.8M in Williamsburg February 19, 2024

• Borough Developers signs $39M construction loan with S3 Capital for 101-unit project in Fort Greene January 12, 2024

• Borough Developers pays $12M to Slate for 101-unit dev site in Fort Greene January 09, 2024

• Shimon Kleinman plans 29-unit mixed-use conversion in Williamsburg December 21, 2023

• Borough Developers plans 101-unit building in Fort Greene December 02, 2023

• Investor pays $13.9M for 96-unit conversion project in Gowanus December 01, 2023

• Yoel Zagelbaum entities borrow $104.4M against 7 properties in NYC March 02, 2023

• Slate pays $42.6M to Salvation Army in Fort Greene October 10, 2022

• Yitzchok Katz signs contract to buy retail building in Gowanus from Scott Pedowitz February 28, 2022

• Joel Wertzberger of Joyland Group files plans for a 242-unit hotel in Williamsburg May 04, 2020