Mendel Berkowitz
Ceo
Borough Developers
Developer, Owner
199 Lee Ave #471 Brooklyn NY 11219
B. Contractors
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 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
• Joel Wertzberger of Joyland Group files plans for a 242-unit hotel in Williamsburg May 04, 2020