Borough Developers
199 Lee Ave #471 Brooklyn NY 11219
People:
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Mendel Berkowitz Ceo Office: 212-782-3978 Mobile: +1 212-782-3978
Shimon Kleinman Coo
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Borough Developers NYC portfolio
$282.3 million -D1 30%, specialty 19%, mixed-use 16%; Brooklyn 74%, Manhattan 19%, Queens 5%*
754th largest portfolio by dollar value
347,890 sqft – hotel 32%, specialty 22%, D1 16%; Brooklyn 74%, Manhattan 22%, Queens 2%
1106th largest by SF
29 properties – Brooklyn 89%, Manhattan 6%, Queens 3%
355th largest
201 residential units – Brooklyn 98%, Manhattan 1%
1159th largest by residential units
Company Activity past 24 months:
Buyer company: 7 for $36.3 million
Borrower company: 10 for $278.6 million
Developer (new building or major alteration): 17 for 872,841 square feet
Top Ten Associated Companies:
S3 Capital (3), Oak Funding (2), Integritas Capital (1), Berkshire Residential Investments (1), Citibank (1), Valley National Bank (1), QuadReal Property Group (1), Strong Entities (1), Broadview Capital (1)
Top Ten Associated People:
Stephen Palmese (1), Jonathan Pfeil (1), Ana Rosu Marmann (1), Paul Stern (1), Joshua Crane (1), Jeremy Levart (1), Zev Aeder (1), Lawrence Andelsman (1)
Recent activity as company:
• David Tabak and Borough Developers borrowed $21 million from Oak Funding for 691 Fulton Street on June 05, 2026.
• Borough Developers and David Tabak borrowed $40 million from QuadReal Property Group for 319 East 17 Street on May 20, 2026.
• David Tabak and Borough Developers borrowed $23.5 million from Valley National Bank for 155 Broadway on May 05, 2026.
• David Tabak and Borough Developers borrowed $18.5 million from Oak Funding for 456 Bushwick Avenue on March 11, 2026.
• David Tabak and Borough Developers borrowed $64 million from Berkshire Residential Investments for 141 South Elliott Place on March 06, 2026.
• Chaskel Landau ground leased 54-08 Myrtle Avenue valued at $3.9 million to David Tabak and Borough Developers on October 30, 2025.
• Tolib Mansurov sold 75 4 Avenue for $24 million to David Tabak and Borough Developers on September 18, 2025.
• David Tabak and Borough Developers borrowed $63 million from Integritas Capital for 75 4 Avenue on September 18, 2025.
• Borough Developers borrowed $11.5 million from Strong Entities for 60 street on February 07, 2025.
• Borough Developers for Shimon Kleinman filed plans for major alteration for 75,797 sqft in Gramercy, Manhattan, on January 23, 2025.
Latest Stories:
• David Tabak, Borough Developers sign $23.5M loan for 99-unit Williamsburg project (June 10, 2026)
• Shimon Kleinman of Borough Developers files plans for 99 units in Park Slope (July 21, 2025)
Properties:
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• Specialty building on 319 east 17 street, gramercy, manhattan (1009230011)
• Specialty building on 321 east 17 street, gramercy, manhattan (1009230015)
• Mixed-use building on 75 4 avenue, 3, park slope, brooklyn (3009320002)
• Mixed-use building on 73 4 avenue, 3, park slope, brooklyn (3009320003)
• Mixed-use building on 71 4 avenue, 3, park slope, brooklyn (3009320004)
• Mixed-use building on 69 4 avenue, 3, park slope, brooklyn (3009320005)
• Mixed-use building on 67 4 avenue, 3, park slope, brooklyn (3009320006)
• C0 building on 77 st marks place, park slope, brooklyn (3009320078)
• Industrial building on bedford stuyvesant, brooklyn (3018980037)
• Industrial building on 446 park avenue, bedford stuyvesant, brooklyn (3018980038)
• D1 building on 141 south elliott place, fort greene, brooklyn (3020030019)
• Retail building on fort greene, brooklyn (3020960066)
• Mixed-use building on 691 fulton street, fort greene, brooklyn (3020960069)
• Industrial building on fort greene, brooklyn (3020960073)
• Hotel building on 155 broadway, williamsburg, brooklyn (3024570034)
• Development building on 149 air rgts broadway, williamsburg, brooklyn (3024579039)
• Retail building on 107 moore street, williamsburg, brooklyn (3030970027)
• Retail building on 105 moore street, williamsburg, brooklyn (3030970028)
• Retail building on 103 moore street, williamsburg, brooklyn (3030970029)
• Retail building on 96 moore street, williamsburg, brooklyn (3031060014)
• Industrial building on 456 bushwick avenue, bushwick, brooklyn (3031380032)
• Retail building on 176 central avenue, bushwick, brooklyn (3032170034)
• Development building on hart street, bushwick, brooklyn (3032170134)
• Specialty building on 60 street, borough park, brooklyn (3055090041)
• Specialty building on 60 street, bensonhurst, brooklyn (3055160001)
• Specialty building on 1558 60 street, bensonhurst, brooklyn (3055160033)
• Specialty building on new utrecht avenue, bensonhurst, brooklyn (3057270005)
• Specialty building on 15 avenue, bensonhurst, brooklyn (3057270014)
• Retail building on 54-08 myrtle avenue, ridgewood, queens (4035440001)
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