588 Eldert Lane
Cypress Hills, Brooklyn
Parcel ID (BBL): 3042230001
Owner: Thorobird Companies
Debt: January 09, 2026, $146.5 million
Built: 0
SF: 0
Dwelling units: 0
No. of buildings: 0
Class: Licensed Parking Lot (G6)
Transactions:
• Thorobird Companies and Slate Property Group borrowed $146.5 million from NYC Housing Development Corporation for 570 Eldert Lane, Cypress Hills, Brooklyn on January 09, 2026.
Development:
• Thorobird Companies filed new building job B01196476 for 176,852 sqft R-2 building with 213 apartments in Cypress Hills, Brooklyn, on March 20, 2025.
• Eddie Gazheli filed alteration job B01349160 for 195,636 sqft building with 213 apartments in Cypress Hills, Brooklyn, on April 17, 2026.
• David Schwartz filed alteration job B01388296 for 1,800 sqft A-5 building with 0 apartments in Cypress Hills, Brooklyn, on April 16, 2026.
• Eddie Gazheli filed alteration job B01333980 for 195,636 sqft building with 213 apartments in Cypress Hills, Brooklyn, on December 18, 2025.
• Eddie Gazheli filed alteration job B01336817 for 195,636 sqft building with 213 apartments in Cypress Hills, Brooklyn, on December 18, 2025.
• Eddie Gazheli filed alteration job B01334015 for 195,636 sqft building with 213 apartments in Cypress Hills, Brooklyn, on December 18, 2025.
Most recent Schedule of Occupancy
Violations:
According to city public data, the properties have received $2,500 in ECB penalties and $2,500 in OATH penalties in the last year.