Mendel Berkowitz
Ceo
Borough Developers
Developer, Owner
199 Lee Ave #471 Brooklyn NY 11219
B. Contractors
Borough Developers NYC portfolio
$170.6 million -D1 49%, mixed-use 20%, industrial 17%; Brooklyn 99%*
1066th largest portfolio by dollar value
153,448 sqft – D1 37%, mixed-use 27%, development 21%; Brooklyn 100%
1839th largest by SF
24 properties – Brooklyn 95%, Queens 4%
425th largest
165 residential units – Brooklyn 100%
1300th largest by residential units
Person Activity past 24 months:
Borrower signatory: 3 for $106.2 million
Developer (new building or major alteration): 14 for 177,602 square feet
Top Ten Associated Companies:
S3 Capital (3), Joseph Lentini (2), BridgeCity Capital (1), Slate Property Group (1), Valley National Bank (1), Berkshire Residential Investments (1)
Top Ten Associated People:
Joseph Lentini (2), Joshua Crane (2), Louis Lebovits (1), David Schwartz (1), Jonathan Pfeil (1)
Recent activity as signatory:
• Borough Developers and Watermark Capital Group borrowed $64 million from Berkshire Residential Investments for 141 South Elliott Place on March 06, 2026.
• Mendel Berkowitz filed plans for new building for 97,166 sqft in Williamsburg, Brooklyn, on December 11, 2025.
• Mendel Berkowitz filed plans for major alteration for 7,900 sqft in Williamsburg, Brooklyn, on December 04, 2025.
• Borough Developers and Watermark Capital Group borrowed $24.8 million from Valley National Bank for 319 East 17 Street on May 23, 2025.
• Mendel Berkowitz filed plans for new building for 55,252 sqft in Bushwick, Brooklyn, on April 04, 2025.
• Mendel Berkowitz filed plans for new building for 13,653 sqft in Bedford Stuyvesant, Brooklyn, on July 31, 2024.
• Mendel Berkowitz, Solomon Reiner and Moshe Richard borrowed $17.5 million from S3 Capital for 101 South 6 Street on May 31, 2024.
• Mendel Berkowitz filed plans for major alteration for 7,678 sqft in Williamsburg, Brooklyn, on April 19, 2024.
• Mendel Berkowitz filed plans for major alteration for 7,654 sqft in Williamsburg, Brooklyn, on April 19, 2024.
• Mendel Berkowitz filed plans for major alteration for 7,678 sqft in Williamsburg, Brooklyn, on April 19, 2024.
Latest Stories:
• Joyland Group pays $33.6M to Mount Sinai for conversions in Gramercy (January 07, 2025)
• Borough Developers pays $12M to Slate for 101-unit dev site in Fort Greene (January 09, 2024)
• Shimon Kleinman plans 29-unit mixed-use conversion in Williamsburg (December 21, 2023)
• Borough Developers plans 101-unit building in Fort Greene (December 02, 2023)
• Investor pays $13.9M for 96-unit conversion project in Gowanus (December 01, 2023)
• Yoel Zagelbaum entities borrow $104.4M against 7 properties in NYC (March 02, 2023)