Hershy Silberstein
(Hershy M. Silberstein, Hershey Silberstein)
Ceo
Blue Sky Builders
(Blue Sky Developers, Blue Shine Builders)
Owner
Owner|Developer
365 Flushing Ave. Brooklyn, NY 11205
670 Myrtle Avenue, Suit 6367 Brooklyn NY 11205
Blue Sky Builders NYC portfolio
$394.1 million -industrial 42%, development 13%, D7 12%; Bronx 44%, Brooklyn 35%, Queens 16%*
556th largest portfolio by dollar value
98,023 sqft – industrial 59%, mixed-use 20%, C0 6%; Bronx 68%, Brooklyn 31%
2418th largest by SF
28 properties – Bronx 60%, Brooklyn 28%, Queens 7%
355th largest
423 residential units – Bronx 91%, Brooklyn 8%
672th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Other Links:
https://blueskybuilder.net/about/
https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=cLnzt4KiR1f6fKga1Ip_PLUS_ew==
Notes
Hershel Silberstein is not the same person as Hershy Silberstein.
Person Activity past 24 months:
Buyer signatory: 3 for $30.3 million
Seller signatory: 1 for $3.5 million
Borrower signatory: 15 for $250.8 million
Developer (new building or major alteration): 50 for 386,481 square feet
Top Ten Associated Companies:
S3 Capital (5), IceCap Group (4), Popular Bank (3), Valley National Bank (2), Parke Bank (2), Heidi Zielinski (1), Charlotte Kuey (1), Slate Property Group (1), Northeast Community Bank (1), Broadview Capital (1)
Top Ten Associated People:
Terence J. McArdle (2), Renee L. D’Orazio (2), Travis Schelhorn (2), Robert Schwartz (2), Jack Oved (2), Heidi Zlielinski (1), Charlotte Kuey (1), Martin Nussbaum (1), Daniel Miller (1), Ryan Shay (1)
Recent activity as signatory:
• Hershy M. Silberstein borrowed $28.2 million from Popular Bank for 215 Fernside Place, Far Rockaway, Queens on February 27, 2026.
• Mendel Gold sold 729 Meeker Avenue for $3 million to Hershy Silberstein on February 26, 2026.
• 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.
• David Goldberger and Hershy Silberstein borrowed $22 million from Popular Bank for 172-02 Hillside Avenue on July 30, 2025.
• Alexandra Levy sold 703 Myrtle Avenue for $10.8 million to Hershy Silberstein on June 18, 2025.
• Hershy Silberstein borrowed $6.5 million from S3 Capital for 703 Myrtle Avenue on June 18, 2025.
• Hershy Silberstein borrowed $8 million from Israel Discount Bank for 217 West 123 Street on June 13, 2025.
• Hershy Silberstein filed plans for new building for 40,260 sqft in Mott Haven, Bronx, on March 24, 2025.
Latest Stories:
• Hershy Silberstein pays $3M for mixed-use in Greenpoint, through bankruptcy (April 28, 2026)
• Blue Sky Builders signs $43M construction loan for 82-unit project in Gowanus (February 10, 2026)
• Blue Sky Builders signs $34M refi for new 100-unit building in East Morrisania (July 14, 2025)
• Hershy Silberstein pays $10.8M for dev site in Bedford Stuyvesant (June 27, 2025)
• Hershy Silberstein pays $16.5M to Slate for dev site in Gowanus (March 03, 2025)
• Hershy Silberstein signs $30.4M construction loan in East Morrisania (May 31, 2024)
Court Records: