Rafael Rabinowitz
(Ralph Rabinowitz)
Galaxy Developers
Developer, Owner
Galaxy Developers NYC portfolio
$24.5 million -development 100%; Brooklyn 100%*
3376th largest portfolio by dollar value
19,533 sqft – D1 100%; Brooklyn 100%
5195th largest by SF
3 properties – Brooklyn 100%
3157th largest
12 residential units – Brooklyn 100%
4650th largest by residential units
Other Links:
https://newyorkyimby.com/2026/07/permits-filed-for-66-sullivan-place-in-crown-heights-brooklyn.html
Person Activity past 24 months:
Buyer signatory: 2 for $27 million
Borrower signatory: 5 for $115.9 million
Developer (new building or major alteration): 70 for 854,994 square feet
Top Ten Associated Companies:
Levon Capital (2), BridgeCity Capital (1), S3 Capital (1), Bank of Princeton (1), CDK Capital (1), Abraham Brach (1), Seon Jeong Park (1), Aron Ostreicher (1)
Top Ten Associated People:
Louis Lebovits (1), Joshua Crane (1), Stephanie Adkins (1), Abraham Brach (1), Seon Jeong Park (1), Aron Ostreicher (1)
Recent activity as signatory:
• Rabsky Group borrowed $22.7 million from Bank of Princeton and CDK Capital for None on July 30, 2026.
• Seon Jeong Park sold None for $23.5 million to Rabsky Group on July 30, 2026.
• Rabsky Group borrowed $25.2 million from BridgeCity Capital for 267 Broadway on May 14, 2026.
• Galaxy Developers borrowed $9 million from Levon Capital for 100 Rutledge Street on February 04, 2026.
• Aron Ostreicher sold 100 Rutledge Street for $3.5 million to Galaxy Developers on February 04, 2026.
• CW Realty Group and Rabsky Group borrowed $43.5 million from S3 Capital for 97 Empire Boulevard on August 18, 2025.
• Galaxy Developers borrowed $15.5 million from Levon Capital for 66 Gerry Street on January 23, 2025.
• Abraham Brach sold 66 Gerry Street for $5 million to Rafael Rabinowitz on January 03, 2023.
• Rafael Rabinowitz filed plans for new building for 79,896 sqft in Gowanus, Brooklyn, on February 10, 2022.
• Rafael Rabinowitz filed plans for new building for 38,831 sqft in Gowanus, Brooklyn, on February 10, 2022.
Latest Stories:
• Rabsky Group files plans for 197 units in Bedford Stuyvesant (April 05, 2026)
• Galaxy Developers pays $3.5M for dev site in Williamsburg (February 13, 2026)
• CW Realty Group pays $42.5M to Adjmis for dev site in Crown Heights (August 27, 2025)
• Blackstone files $25M pre-foreclosure at FiDi high rise dev site (October 07, 2024)
• Adjmi, Bridges file demo plans in Crown Heights, no new plans filed (June 06, 2023)
• Rafael Rabinowitz plans two buildings in Williamsburg with combined 8 units (March 10, 2023)
• Rabsky Group affiliate pays $5M to Abraham Brach for dev site in Williamsburg (January 12, 2023)
• Alex Adjmi pays $15.2M to Glass family for retail in Crown Heights (April 28, 2021)
