Riverside Developers USA

(Riverside Developers)

29 Little Nassau Street Suite118 Brooklyn NY 11205

299 Broadway, Suite 301 Brooklyn, NY 11201

People:

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Riverside Developers USA NYC portfolio

$111.4 million -development 56%, retail 26%, specialty 15%; Brooklyn 100%*

1520th largest portfolio by dollar value

138,187 sqft – D1 91%, industrial 5%, retail 2%; Brooklyn 100%

2057th largest by SF

7 properties – Brooklyn 100%

1560th largest

91 residential units – Brooklyn 100%

1982th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Notes

Zelig Weiss of Riverside Developers USA is not the same as Zelig Weiss of AZW Realty.

Company Activity past 24 months:

Buyer company: 1 for $17.2 million

Borrower company: 3 for $104.5 million

Developer (new building or major alteration): 1 for 42,219 square feet

Top Ten Associated Companies:

Ponce Bank (2), OakNorth Bank (1), Bank Leumi (1)

Top Ten Associated People:

Lowell Bacchus (1)

Recent activity as company:

• Riverside Developers USA borrowed $44.5 million from Ponce Bank for 1007 Beverley Road on July 24, 2026.

• Riverside Developers USA borrowed $47 million from OakNorth Bank for 51 Franklin Avenue on June 30, 2025.

• Urban Realty Partners and Riverside Developers USA borrowed $13 million from Ponce Bank for 14 Wythe Avenue on January 09, 2025.

• Corzo Contracting Co. Inc. sold 14 Wythe Avenue for $17.2 million to Urban Realty Partners and Riverside Developers USA on January 09, 2025.

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

• Riverside Developers USA borrowed $67 million from Bank Leumi for 37 Little Nassau Street on October 26, 2020.

• Riverside Developers USA for Zelig Weiss filed plans for new building for 115,913 sqft in Bedford Stuyvesant, Brooklyn, on August 06, 2018.

• Riverside Developers USA for Zelig Weiss filed plans for new building for 111,166 sqft in Bedford Stuyvesant, Brooklyn, on August 06, 2018.

• Riverside Developers USA for Zelig Weiss filed plans for new building for 53,854 sqft in Bedford Stuyvesant, Brooklyn, on June 13, 2017.

• Riverside Developers USA for Zelig Weiss filed plans for new building for 150,000 sqft in Williamsburg, Brooklyn, on December 17, 2013.

Court Records:

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Properties:

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