Rybak Development

227 Sea Breeze Avenue, Suite C-403. Brooklyn, NY 11224

1817 Emmons Avenue, 2nd Floor Brooklyn, NY 11235

People:

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Rybak Development NYC portfolio

$453.4 million -development 26%, condo 23%, retail 17%; Manhattan 43%, Brooklyn 35%, Queens 20%*

487th largest portfolio by dollar value

308,544 sqft – condo 61%, elevator 12%, development 11%; Brooklyn 63%, Manhattan 25%, Queens 11%

1164th largest by SF

14 properties – Manhattan 47%, Brooklyn 47%, Queens 5%

726th largest

366 residential units – Brooklyn 49%, Queens 26%, Manhattan 24%

751th largest by residential units

0 foreclosures, 0 bankruptcies, 175 other court cases.

Company Activity past 24 months:

Buyer company: 3 for $17.3 million

Seller company: 2 for $7.9 million

Borrower company: 4 for $112.4 million

Developer (new building or major alteration): 2 for 85,552 square feet

Top Ten Associated People:

Declan P. Meagher (2), Irina Saks (1), Eric Sadkin (1), Ezra Shabot (1), Eli Fouerti (1), Victor Brown Jr. (1), Mark Penna (1), Victor Brown (1), Christian Daglieri (1)

Recent activity as company:

• BK Developers and Semyon Vays sold None for $4 million to Rybak Development on March 13, 2026.

• Rybak Development for Sergey Rybak filed plans for new building for 44,410 sqft in Lenox Hill, Manhattan, on September 26, 2025.

• Rybak Development borrowed $28.1 million from Valley National Bank for 722 59th Street, Sunset Park, Brooklyn on September 04, 2025.

• Catholic Near East Welfare Association sold 250 East 62 Street for $9.7 million to Rybak Development on September 03, 2025.

• Rybak Development borrowed $5.8 million from Bank Hapoalim for 250 East 62 Street on September 03, 2025.

• Rybak Development borrowed $26.5 million from Maxim Capital Group for 500 East 81 Street on May 22, 2025.

• Rybak Development sold 101 East 2nd Street, East Village, Manhattan for $3.6 million to Rybak Development on August 29, 2024.

• Rybak Development borrowed $52 million from Emerald Creek Capital for 133 East 55 Street on August 07, 2024.

• Rybak Development sold 1414 West 4th Street, Bensonhurst, Brooklyn for $4.3 million to Ezra Shabot on June 25, 2024.

• Rybak Development for Sergey Rybak filed plans for new building for 41,142 sqft in Grand Central, Manhattan, on June 14, 2024.

Latest Stories:

• Rybak Development pays $4M for dev site in Boerum Hill (March 20, 2026)

• Rybak Development pays $9.7M to Catholic nonprofit for dev site in Lenox Hill (September 12, 2025)

• Rybak signs $26.5M construction loan with Maxim for 9-unit project in Yorkville (June 10, 2025)

• Rybak Dev in contract to pay $9.7M for nearly 41K sf Lenox Hill dev site (March 19, 2025)

• Rybak signs $52M construction loan with Emerald Creek for 31-unit condo project in Midtown East (August 22, 2024)

• Ezra Shabot pays $4.3M to Rybak Development for commercial condo in Bensonhurst (July 09, 2024)

• Rybak Development files DOB plans for 26-unit building in Grand Central (June 21, 2024)

• Namdar, Klosed, partners, sign $147.1M refi for 20 properties in NYC (June 06, 2024)

• Rybak Development plans 9-unit building in Yorkville (February 11, 2024)

• Rybak signs $71M construction loan for $166M condo project in Forest Hills (January 22, 2024)

Court Records:

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Properties:

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