Zelig Weiss
Riverside Developers USA
(Riverside Developers)
Owner
29 Little Nassau Street Suite118 Brooklyn NY 11205
299 Broadway, Suite 301 Brooklyn, NY 11201
Riverside Developers USA NYC portfolio
$237.2 million -elevator 49%, development 26%, retail 12%; Brooklyn 100%*
945th largest portfolio by dollar value
392,244 sqft – elevator 60%, D1 32%, walkup 3%; Brooklyn 100%
1069th largest by SF
13 properties – Brooklyn 100%
857th largest
378 residential units – Brooklyn 100%
780th largest by residential units
0 foreclosures, 0 bankruptcies, 92 other court cases.
Person Activity past 24 months:
Buyer signatory: 1 for $2 million
Borrower signatory: 4 for $113.6 million
Developer (new building or major alteration): 5 for 42,219 square feet
Top Ten Associated Companies:
Leon Perlmutter (2), Ponce Bank (2), OakNorth Bank (2), Bank Leumi (1), MF1 Capital (1), Be-Aviv (1), Parts Authority (1), Valley National Bank (1), Starwood Mortgage Capital (1)
Top Ten Associated People:
Leon Perlmutter (2), Lowell Bacchus (2), Yaron Rosenthal (1), Harris Schornstein (1), Leslie Fairbanks (1)
Recent activity as signatory:
• Riverside Developers USA borrowed $44.5 million from Ponce Bank for 1007 Beverley Road on July 24, 2026.
• Riverside Developers USA borrowed $47 million from OakNorth Bank for 51 Franklin Avenue on June 30, 2025.
• Zelig Weiss borrowed $9.1 million from OakNorth Bank for 51 Franklin Avenue on January 13, 2025.
• Parts Authority sold 37 Franklin Avenue for $2 million to Zelig Weiss on January 10, 2025.
• Urban Realty Partners and Riverside Developers USA borrowed $13 million from Ponce Bank for 14 Wythe Avenue on January 09, 2025.
• Zelig Weiss filed plans for new building for 42,219 sqft in Bedford Stuyvesant, Brooklyn, on November 16, 2024.
• Leon Perlmutter sold 1007 Beverley Road for $7.6 million to AZW Realty on May 24, 2024.
• Leon Perlmutter sold 50 Hinckley Place for $2 million to AZW Realty on May 24, 2024.
• Zelig Weiss borrowed $24.4 million from Valley National Bank for 82 Hart Street on June 07, 2023.
• Zelig Weiss filed plans for new building for 72,782 sqft in Flatbush, Brooklyn, on March 28, 2022.
Latest Stories:
• Urban Realty Partners pays $17.2M for dev site in Greenpoint (January 20, 2025)
• Zelig Weiss pays $9.6M for dev site in Flatbush (May 31, 2024)
• Zelig Weiss signs $24.4M refi for 64-unit rental in Bedford Stuyvesant (June 13, 2023)
• Zelig Weiss borrows $27M from Aviv Group for property in Bedford-Stuyvesant (July 23, 2020)
• Zelig Weiss borrows $20M for development in Bedford-Stuyvesant (July 08, 2020)
Court Records: