Blue Sky Builders

(Blue Sky Developers, Blue Shine Builders)

365 Flushing Ave. Brooklyn, NY 11205

670 Myrtle Avenue, Suit 6367 Brooklyn NY 11205

People:

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Blue Sky Builders NYC portfolio

$123 million -industrial 83%, specialty 16%; Brooklyn 63%, Bronx 36%*

1326th largest portfolio by dollar value

8,500 sqft – industrial 100%; Brooklyn 100%

6414th largest by SF

3 properties – Brooklyn 66%, Bronx 33%

2713th largest

100 residential units – Bronx 100%

1793th largest by residential units

0 foreclosures, 0 bankruptcies, 2 other court cases.

Notes

Blue Sky Builders is not related to Bluesky Group, which is a division of Klosed Properties. Blue Sky Builders also uses the name Blue Sky Developers and Blue Shine Builders.

Company Activity past 24 months:

Seller company: 1 for $3.5 million

Borrower company: 3 for $92.5 million

Developer (new building or major alteration): 11 for 260,816 square feet

Top Ten Associated Companies:

May Kwok Leung (1), Parke Bank (1), Wells Fargo (1), Popular Bank (1)

Top Ten Associated People:

May Kwok Leung (1), Renee L. D’Orazio (1), Anthony J. Boucino (1), Travis Schelhorn (1)

Recent activity as company:

• Blue Sky Builders borrowed $43 million from Popular Bank for 224 3 Avenue on January 28, 2026.

• Blue Sky Builders sold 441 Myrtle Avenue for $3.5 million to May Kwok Leung on November 13, 2025.

• Blue Sky Builders and Duvid Goldberger borrowed $15.5 million from Parke Bank for 90 Berriman Street on October 30, 2025.

• Blue Sky Builders borrowed $34 million from Wells Fargo for 806 East 170 Street on June 10, 2025.

• Blue Sky Builders for Hershy Silberstein filed plans for new building for 40,260 sqft in Mott Haven, Bronx, on March 24, 2025.

• Blue Sky Builders for Hershy Silberstein filed plans for new building for 48,070 sqft in Allerton, Bronx, on March 17, 2025.

• Blue Sky Builders for Hershy Silberstein filed plans for new building for 49,599 sqft in Olinville, Bronx, on March 04, 2025.

• Blue Sky Builders for Hershy Silberstein filed plans for major alteration for 10,079 sqft in Bedford Stuyvesant, Brooklyn, on August 05, 2024.

• Blue Sky Builders for Hershy Silberstein filed plans for new building for 5,482 sqft in Williamsburg, Brooklyn, on March 04, 2024.

• Blue Sky Builders for Hershy Silberstein filed plans for major alteration for 4,277 sqft in West Farms, Bronx, on December 29, 2023.

Court Records:

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Properties:

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