631 Fulton Street

Owner: Rabsky Group

Debt: April 17, 2026, $600 million

Built: 2022

Renovated: 2022

SF: 957,589

Dwelling units: 812

No. of buildings: 1

Class: Fireproof – With Stores (D6)

Floors: 40

Legacy BBLs: 3020940001

Transactions:

• Rabsky Group borrowed $600 million from JPMorgan Chase for 625 Fulton Street and 12 Rockwell Place, Fort Greene, Brooklyn on April 17, 2026.

• Rabsky Group borrowed $430 million from Madison Realty Capital for 625 Fulton Street and 12 Rockwell Place, Fort Greene, Brooklyn on May 01, 2025.

• Spencer Equity Group borrowed $275 million from Madison Realty Capital for 625 Fulton Street, 80 Dekalb Avenue, and 635 Fulton Street, Fort Greene, Brooklyn on September 23, 2021.

• State Bank of Texas on October 19, 2020 bought a loan with an original principal of $15.8 million from Bank Leumi, signed by Roger Rofe, secured by 625 Fulton Street, 633 Fulton Street, Fort Greene, Brooklyn, when owned by Rabsky Group.

Development:

• Rabsky Group filed new building job 321600380 for 764,352 sqft R-2 building with 52 apartments in Fort Greene, Brooklyn, on April 29, 2021.

• Rabsky Group filed new building job 321583238 for 37,975 sqft B building in Fort Greene, Brooklyn, on June 14, 2017.

• William Boyd filed major alteration job 310015934 for E building in Fort Greene, Brooklyn, on August 24, 2007.

• William Boyd filed major alteration job 301514706 for E building in Fort Greene, Brooklyn, on August 18, 2003.

• Rafael Rabinowitz filed alteration job B01355048 for 32,742 sqft R-2 building with 1050 apartments in Fort Greene, Brooklyn, on February 05, 2026.

• Rafael Rabinowitz filed alteration job B01244595 for 63 sqft building with 1050 apartments in Fort Greene, Brooklyn, on July 03, 2025.

• Rafael Rabinowitz filed alteration job B01244594 for 75 sqft building with 1050 apartments in Fort Greene, Brooklyn, on July 03, 2025.

• Rafael Rabinowitz filed alteration job B01141886 for 22,600 sqft R-2 building with 1050 apartments in Fort Greene, Brooklyn, on April 24, 2025.

• Rafael Rabinowitz filed alteration job B01141862 for 22,600 sqft R-2 building with 1050 apartments in Fort Greene, Brooklyn, on April 24, 2025.

Violations:

According to city public data, the properties have received $1,280 in ECB penalties and $2,315 in OATH penalties in the last year.

Latest Stories:

• Rabsky Group signs $765M refi for 1,102-unit complex in Fort Greene, as previously reported (April 20, 2026)

• Rabsky Group signs $555M refi with Madison for 1,102 units in Fort Greene (May 02, 2025)

• Madison Realty Capital sells portion of $400M loan to Apollo at large development in Fort Greene (April 05, 2023)

• Rabsky signs $275M first mortgage construction loan with Madison Realty for 1,098-unit project in Downtown Brooklyn (September 24, 2021)

• Rabsky Group borrows $15.8M from State Bank of Texas in Fort Greene (October 20, 2020)