188 Berry Street
Williamsburg, Brooklyn
Parcel ID (BBL): 3023500026
Acquired: July 16, 2025, $55.7 million
Debt: July 16, 2025, $41.3 million
Transactions:
• CIM Group borrowed $41.3 million from Truist Bank for 190 Berry Street, Williamsburg, Brooklyn on July 16, 2025.
• LENY Group sold 190 Berry Street, Williamsburg, Brooklyn for $55.7 million to CIM Group on July 16, 2025.
Development:
• Randolph Wolters filed major alteration job B01327074 for 36,511 sqft RES building with 40 apartments in Williamsburg, Brooklyn, on December 30, 2025.
• Oded Norman filed major alteration job 321627414 for 95,555 sqft R-2 building with 40 apartments in Williamsburg, Brooklyn, on July 25, 2017.
• Randolph Wolters filed alteration job B01383495 for 200 sqft RES building with 21 apartments in Williamsburg, Brooklyn, on May 07, 2026.
• Randolph Wolters filed alteration job B01377556 for 2,250 sqft RES building with 40 apartments in Williamsburg, Brooklyn, on April 19, 2026.
• Randolph Wolters filed alteration job B01377568 for 1,439 sqft RES building with 40 apartments in Williamsburg, Brooklyn, on April 08, 2026.
• Randolph Wolters filed alteration job B01377550 for 1,040 sqft RES building with 40 apartments in Williamsburg, Brooklyn, on April 05, 2026.
• Randolph Wolters filed alteration job B01364379 for 11,628 sqft RES building with 40 apartments in Williamsburg, Brooklyn, on March 11, 2026.
Litigation:
• LENY Group and Rudy Gabsi on July 17, 2024, filed a $80.3 million bankruptcy 1-24-42947-nhl for 103 North 3 Street that has creditor WF CREL 2020 GRANTOR TRUST and Waterfall Asset Management.
• Waterfall Asset Management and WF CREL 2020 Grantor Trust filed a $82 million lawsuit 652660/2024 against Ruby Gabsi and LENY Group on May 23, 2024,seeking a money judgment related to loanat 103 North 3 Street.
• LENY Group, Rudy Gabsi and Ephraim Diamond on April 04, 2024, filed a $69.8 million bankruptcy 1-24-41452-ess for 103 North 3 Street that has creditor Waterfall Asset Management.
• Eastern Consolidated Properties filed a $780,001 lawsuit 520518/2021 against Joel Schreiber and Chaya Schreiber on August 12, 2021,seeking a money judgmentat 103 North 3 Street.
Violations:
According to city public data, the properties have received three housing violations and $7,860 in OATH penalties in the last year.