Zelig Weiss

Riverside Developers USA

(Riverside Developers)

29 Little Nassau Street Suite118 Brooklyn NY 11205

299 Broadway, Suite 301 Brooklyn, NY 11201

Riverside Developers USA portfolio

$368,000* – specialty 100%; Brooklyn 100%, Manhattan 0%

6959th largest portfolio by dollar value

0 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Buyer signatory: 3 for $11.6 million

Borrower signatory: 3 for $46.5 million

Developer (new building or major alteration): 14.0 for 45,819 square feet

Top Ten Associated Companies:

Leon Perlmutter (2), Be-Aviv (1), MF1 Capital (1), Starwood Mortgage Capital (1), Bank Leumi (1), Valley National Bank (1), Ponce Bank (1), Parts Authority (1), OakNorth Bank (1)

Top Ten Associated People:

Leon Perlmutter (2), Leslie Fairbanks (1), Harris Schornstein (1), Yaron Rosenthal (1), Lowell Bacchus (1)

Recent activity as company:

• Zelig Weiss borrowed $9.1 million from OakNorth Bank for 39-51 Franklin Avenue and 37 Franklin Avenue, Bedford Stuyvesant, Brooklyn on January 27, 2025.

• Parts Authority sold 37 Franklin Avenue, Bedford Stuyvesant, Brooklyn for $2 million to Zelig Weiss on January 27, 2025.

• Urban Realty Partners and Riverside Developers USA borrowed $13 million from Ponce Bank for 168 Banker Street, Greenpoint, Brooklyn on January 17, 2025.

• Zelig Weiss filed plans for new building for 42,219 sqft in Bedford Stuyvesant, Brooklyn, on November 16, 2024.

• Leon Perlmutter sold 547 Coney Island Avenue, Flatbush, Brooklyn for $7.6 million to AZW Realty on May 30, 2024.

• Leon Perlmutter sold 50 Hinckley Place and 545 Coney Island Avenue, Flatbush, Brooklyn for $2 million to AZW Realty on May 30, 2024.

• Zelig Weiss borrowed $24.4 million from Valley National Bank for 633 Marcy Avenue, Bedford Stuyvesant, Brooklyn on June 12, 2023.

• Zelig Weiss filed plans for new building for 72,782 sqft in Flatbush, Brooklyn, on March 28, 2022.

• Zelig Weiss filed plans for new building for 128,494 sqft in Bedford Stuyvesant, Brooklyn, on March 24, 2022.

• Zelig Weiss borrowed $105 million from Starwood Mortgage Capital for 378 Flushing Avenue and 376 Flushing Avenue, Bedford-Stuyvesant, Brooklyn on March 18, 2022.