Menachem Markovics
Royal Builders
Developer, Owner
2250 59th St 8th floor Brooklyn, NY 11204
Royal Builders NYC portfolio
$59.8 million -development 48%, V0 38%, D1 11%; Brooklyn 100%*
2075th largest portfolio by dollar value
27,905 sqft – D1 68%, development 21%, V0 10%; Brooklyn 100%
4480th largest by SF
8 properties – Brooklyn 100%
1373th largest
23 residential units – Brooklyn 100%
3638th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Notes
The LinkedIn associated with this page may not be be affiliated with Menachem Markovics, in part because the last name is misspelled Markoviks.
Person Activity past 24 months:
Borrower signatory: 1 for $34.5 million
Developer (new building or major alteration): 27 for 75,913 square feet
Top Ten Associated Companies:
Ponce Bank (1), 2250 59 Owner LLC (1), Fairbridge Asset Management (1)
Top Ten Associated People:
Schmiley Schick (1)
Recent activity as signatory:
• Royal Builders borrowed $34.5 million from Fairbridge Asset Management for None on December 31, 2025.
• Menachem Markovics filed plans for new building for 7,479 sqft in Borough Park, Brooklyn, on November 27, 2025.
• Menachem Markovics filed plans for new building for 35,613 sqft in Sheepshead Bay, Brooklyn, on August 21, 2024.
• Menachem Markovics filed plans for new building for 63,871 sqft in Sheepshead Bay, Brooklyn, on December 21, 2023.
• Royal Builders borrowed $15.5 million from Ponce Bank for 1006 54 Street on May 02, 2023.
• Royal Builders sold 2250 59 Street for $30 million to 2250 59 Owner LLC on December 03, 2021.
Latest Stories:
• Royal Builders plans 54-unit project in Sheepshead Bay (December 29, 2023)
• Royal Builders sells Borough Park office building for $30M (December 22, 2021)
• Phillip Stern signs contract to buy 75% stake in Kensington office building (April 20, 2021)