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Rabsky Group

505 Flushing Ave
Brooklyn, NY 11205
(718) 237-2261

Rabsky Group is a Brooklyn-based residential developer headed by Simon Dushinsky and his partner Isaac Rabinowitz. The company has become one of the biggest residential developers in both Brooklyn and Queens, although little is known about the operation of the firm or of its two principals. Dushinsky was born and raised in Israel and currently lives in the Vizhnitz Hasidic community in Williamsburg. He formed Rabsky Group in the early 1990s to develop condos for the Hasidic community. The firm has since moved on to large, upscale rental and condominium projects. Rabsky's two largest projects in the pipeline are the conversion of the Rheingold Brewery in Bushwick and a proposed building at 249 Wallabout Street, which combined will amount to over 1,500 units.

  • Event Financing
  • Address 69 Adams Street
  • Neighborhood Fulton Ferry
  • Borough Brooklyn
  • Square feet 41,150
  • Price $ 50,000,000
  • Publication Date 12/06/2019
  • Event Date 12/02/2019
  • Party 1 Rabsky Group
  • Party 2 Goldman Sachs
notes
The lender issued a loan of $50 million for the Fulton Ferry property.
  • Event Sales
  • Address 313 Bond Street
  • Neighborhood Gowanus
  • Borough Brooklyn
  • Price $ 80,000,000
  • Publication Date 08/16/2019
  • Event Date 08/13/2019
  • Party 1 All Year Management
  • Party 2 Rabsky Group
notes
The buyer secured a majority stake in the Gowanus portfolio for $80 million.
  • Event Sales
  • Address 395 Leonard Street
  • Neighborhood East Williamsburg
  • Borough Brooklyn
  • Price $ 130,000,000
notes
The buyer purchased the East Williamsburg property for $130 million.
  • Event Financing
  • Address 395 Leonard Street
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Square feet 186,779
  • Price $ 88,200,000
  • Publication Date 01/06/2019
  • Event Date 01/04/2019
  • Party 1 Rabsky Group
  • Party 2 Berkadia
notes
The lender issued a loan of $88.2 million for the Williamsburg property.
  • Event Financing
  • Address 44-35 Purves Street
  • Neighborhood Long Island City
  • Borough Queens
  • Price $ 134,200,000
  • Publication Date 01/06/2019
  • Event Date 12/31/2018
  • Party 1 Rabsky Group
  • Party 2 Berkadia
notes
The owner secured a loan of $134.2 million for the Long Island City property.
  • Event Financing
  • Address 26 West Street
  • Neighborhood Greenpoint
  • Borough Brooklyn
  • Square feet 88,000
  • Price $ 44,900,000
  • Publication Date 10/01/2017
  • Event Date 09/08/2017
  • Party 1 Rabsky Group
  • Party 2 Berkadia Commercial Mortgage
notes
The Brooklyn-based residential developer acquired a $44.9 million loan.
  • Event Financing
  • Address 635 Fulton Street
  • Neighborhood Fort Green
  • Borough Brooklyn
  • Square feet 36,000
  • Price $ 20,000,000
  • Publication Date 06/01/2017
  • Event Date 04/17/2017
  • Party 1 Rabsky Group
  • Party 2 Brooklyn Capital Principal II
notes
The borrower secured a $20 million mortgage for the 3-story commercial building in Fort Green, Brooklyn.
  • Event Sales
  • Address 635 Fulton Street
  • Neighborhood Fort Green
  • Borough Brooklyn
  • Square feet 36,000
  • Price $ 68,000,000
  • Price per foot $ 1,888.88
  • Publication Date 06/01/2017
  • Event Date 04/17/2017
  • Party 1 ISG Management
  • Party 2 Rabsky Group
notes
The 3-story building was bought by the Rabsky Group for $68 million, across the street from a lot previoulsy purchased for $158 million.
  • Event Sales
  • Address 69 (61) Adams Street
  • Neighborhood Dumbo
  • Borough Brooklyn
  • Square feet 41,150
  • Price $ 47,400,000
  • Publication Date 01/01/2017
  • Event Date 11/17/2016
  • Party 1 Watchtower Bible and Tract Society of New York
  • Party 2 Rabsky Group
notes
The 3-story building was sold for $47.4 million.
  • Event Financing
  • Address 10 Montieth Street, 501 Bushwick Avenue, 79-115 Stanwix Street
  • Neighborhood Bushwick
  • Borough Brooklyn
  • Square feet 400,000
  • Price $ 93,000,000
  • Publication Date 01/01/2017
  • Event Date 11/17/2016
  • Party 1 Bank Leumi
  • Party 2 Rabsky Group
notes
The company secured a $93 million loan in new construction financing.
  • Event Retail Leasing
  • Address 1172 Flatbush Avenue
  • Neighborhood Flatbush
  • Borough Brooklyn
  • Square feet 1,000
  • Publication Date 12/01/2016
  • Event Date 11/17/2015
  • Party 1 Rabsky Group
  • Party 1 Brokerage M.C. O'Brien
notes
The existing pharmacy provider signed an expansion lease.
  • Event Sales
  • Address 575 Fourth Avenue
  • Neighborhood Gowanus
  • Borough Brooklyn
  • Square feet 90,000
  • Price $ 23,500,000
  • Price per foot $ 261.11
notes
The development site sold for $23.5 million.
  • Event Sales
  • Address 644 East 14th Street
  • Neighborhood East Village
  • Borough Manhattan
  • Square feet 10,098
  • Price $ 23,000,000
  • Price per foot $ 2,277.68
  • Publication Date 09/01/2016
  • Event Date 07/15/2016
  • Party 1 Rabsky Group
  • Party 2 Opal Holdings
notes
The property sold for $23 million which included 646, 648, 640 and 652 East 14th Street.
  • Event Sales
  • Address 529-533 Myrtle Avenue 100-102 Steuben Street
  • Neighborhood Midtown
  • Borough Brooklyn
  • Event Sales
  • Address 29-26 Northern Boulevard
  • Neighborhood Long Island City
  • Borough Queens
  • Price $ 54,000,000
  • Publication Date 06/01/2014
  • Event Date 04/17/2014
  • Party 1 Rabsky Group
  • Party 2 Quadrum Global, Simon Baron Development
Brooklyn, 11206
Rabsky Group, HARRISON REALTY LLC
This property is a new development. The developer(s) filed plans in April of...
Brooklyn, 11206
RABSKY GROUP, MARCY HOUSING LLC
...
Brooklyn, 11201
Rabsky Group, 625 FULTON A LLC
This property is a new development. 625 Fulton St is a 37,975 square...
Brooklyn, 11206
Rabsky Group, FLUSHING WALLABOUT AQUASITIONS
196 Wallabout Street is a 60,000 square foot building in the Williamsburg neighborhood...
Brooklyn, 11211
Rabsky Group, 361 OWNERS LLC
This property is a new development. The developer(s) filed plans in May of...
Brooklyn, 11249
RABSKY GROUP, 74 COMM LLC AND 74 WALLABOUT HOLDINGS LLC
The sponsor(s) filed plans on 07/14/15 for a condo project at 756 Kent...
Brooklyn, 11206
RABSKY GROUP, 78-80 THROOP LLC
The sponsor(s) filed plans on 07/21/14 for a condo project at 78 Throop...
Brooklyn, 11206
Rabsky Group, 78-80 THROOP LLC
The sponsor(s) filed plans on 07/21/14 for a condo project at 78 Throop...
Brooklyn, 11206
Rabsky Group, FLUSHING WALLABOUT AQUASITIONS
196 Wallabout Street is a 60,000 square foot building in the Williamsburg neighborhood...
Brooklyn, 11205
Rabsky Group, FLUSHING WALLABOUT AQU.LLC
507 Flushing Avenue is a 61,500 square foot building in the Williamsburg neighborhood...
Brooklyn, 11249
Rabsky Group, NORTH DRIGGS HOLDINGS LLC
139 North 10th Street is a 29,767 square foot building in the Williamsburg...
Brooklyn, 11211
225 N9 LLC
225 North 9th Street is a 31,500 square foot property built in 2011...
Brooklyn, 11211
NORTH PLAZA HOLDINGS LLC
208 North 10th Street is a 73,850 square foot property built in 2011...
Brooklyn, 11249
Rabsky Group, NORTH 13 LLC
This property is a new development. The developer(s) filed plans in March of...
Queens, 11101
Rabsky Group, PURVES HOLDINGS LLC
4441 Purves Street is a 209,995 square foot building in the Long Island...
Brooklyn, 11205
Rabsky Group, 505 FLUSHING AVE, LLC & 515 FLUSHING AVE, LLC
The sponsor(s) filed plans on 04/25/11 for a condo project at 505-515 Flushing...
Brooklyn, 11211
Rabsky Group, NORTH DRIGGS HOLDINGS LLC
205 North 9th Street is a 228,512 square foot building in the Williamsburg...
Brooklyn, 11211
Rabsky Group, HOPE STREET HOLDINGS, LLC
The sponsor(s) filed plans on 02/21/08 for a condo project at 140-156 Hope...
Brooklyn, 11206
Rabsky Group, WALLABOUT PROPERTIES LLC
The sponsor(s) filed plans on 07/10/15 for a condo project at 382 Wallabout...
Brooklyn, 11205
RABSKY GROUP, CLINTON HILL DEVELOPMENT II LLC
100 Steuben Street is a 29,953 square foot building in the Clinton Hill...
Brooklyn, 11206
RABSKY GROUP, BUSHWICK HOLDINGS, LLC
This property is a new development. The developer(s) filed plans in January of...
Brooklyn, 11206
Rabsky Group, THROOP WALLABOUT REALTY LLC
The sponsor(s) filed plans on 03/06/14 for a condo project at 398 Wallabout...
Brooklyn, 11238
RABSKY GROUP, 564 ST. JOHNS PARTNERS
This property is a new development. The developer(s) filed plans in December of...
Brooklyn, 11206
Rabsky Group, THROOP WALLABOUT REALTY, LLC **
The sponsor(s) filed plans on 06/10/14 for a condo project at 68 Throop...
Brooklyn, 11206
Rabsky Group, THROOP WALLABOUT REALTY, LLC **
The sponsor(s) filed plans on 06/10/14 for a condo project at 70 Throop...
Brooklyn, 11206
Rabsky Group, THROOP WALLABOUT REALTY LLC **
The sponsor(s) filed plans on 06/10/14 for a condo project at 72 Throop...
Brooklyn, 11206
Rabsky Group, FLUSHING ACQUISITIONS HOLDINGS, LLC
The sponsor(s) filed plans on 04/19/13 for a condo project at 194 Wallabout...
Brooklyn, 11206
Rabsky Group, THROOP WALLABOUT REALTY LLC
The sponsor(s) filed plans on 03/06/14 for a condo project at 394 Wallabout...
Brooklyn, 11206
Rabsky Group, THROOP WALLABOUT REALTY, LLC
The sponsor(s) filed plans on 03/06/14 for a condo project at 390 Wallabout...
Brooklyn, 11206
Rabsky Group, THROOP WALLABOUT REALTY LLC
The sponsor(s) filed plans on 03/06/14 for a condo project at 396 Wallabout...
Brooklyn, 11211
RABSKY GROUP, 88 RICHARDSON LLC
59 Frost Street is a 38,062 square foot building in the Williamsburg neighborhood...
Brooklyn, 11206
Rabsky Group, THROOP WALLABOUT REALTY LLC
The sponsor(s) filed plans on 03/06/14 for a condo project at 392 Wallabout...
Brooklyn, 11206
Rabsky Group, 82 THROOP LLC
The sponsor(s) filed plans on 09/11/14 for a condo project at 82 Throop...
Brooklyn, 11206
Rabsky Group, 78-80 THROOP LLC
The sponsor(s) filed plans on 07/21/14 for a condo project at 80 Throop...
Queens, 11101
RABSKY GROUP, 44-49 PURVIS STREET LLC
This property is a new development. The developer(s) filed plans in February of...
Brooklyn, 11211
Rabsky Group, MANHATTAN MEEKER LLC
406 Manhattan Avenue is a 43,055 square foot building in the East Williamsburg...
Brooklyn, 11206
Rabsky Group, WALLABOUT PROPERTIES LLC
The sponsor(s) filed plans on 07/10/15 for a condo project at 376-380 Wallabout...
Brooklyn, 11211
Rabsky Group, 88 RICHARDSON LLC
...
Brooklyn, 11222
Rabsky Group, RABSKY DEVELOPMENT
26 West Street is a 65,235 square foot building in the Greenpoint neighborhood...
Brooklyn, 11249
RABSKY GROUP, NORTH 13 LLC
This property is a new development. The developer(s) filed plans in March of...
Brooklyn, 11206
RABSKY GROUP, MYRTLE SUITES LLC
This property is a new development. The developer(s) filed plans in October of...
Brooklyn, 11211
Rabsky Group, NORTH DRIGGS HOLDINGS LLC
...
Brooklyn, 11249
RABSKY GROUP, 74 WALLABOUT, LLC|NORTHLAND, LLC|STARWOOD, LLC
377 Flushing Avenue is a 159,092 square foot building built in 2016 in...
Queens, 11101
Rabsky Group, PURVES HOLDINGS LLC
4441 Purves Street is a 209,995 square foot building in the Long Island...
Brooklyn, 11206
RABSKY GROUP, 115 STANWIX REALTY LLC
This property is a new development. The developer(s) filed plans in February of...
Brooklyn, 11215
Rabsky Group, 575 4TH AVENUE LLC
This property is a new development. The developer(s) filed plans in December of...
Manhattan, 10009
RABSKY DEVELOPMENT, EAST 14TH ST LLC
This property is a new development. The developer(s) filed plans in April of...
Brooklyn, 11232
RABSKY GROUP, 635 4TH AVENUE HOLDINGS LLC
This property is a new development. The developer(s) filed plans in January of...
Brooklyn, 11206
ALL YEAR MANAGEMENT, EVERGREEN GARDENS LLC
This property is a new development. The developer(s) filed plans in October of...
Brooklyn, 11206
Rabsky Group, BUSHWICK HOLDINGS, LLC
...

03/29/2018
7 on the list was Rabsky Group, which is at work on projects throughout the borough...

03/15/2018
New York's skyline has been filling up with one tower after another, and many of these projects are being designed by the top architecture firmsNew York's skyline has been filling up with one tower after another, and many of these projects are being designed by the top architecture firms...

12/28/2016
In 2014, Hope Street Capital and AEW Capital Management paid the Rabsky Group $30 million for the building and to buy out the drugstore chain’s lease...

06/22/2016
Forest City Realty Trust’s Barclays Center stake sale to Russian investment fund ONEXIM Group for $453.7 million and its $158 million sale of the development site at 625 Fulton Street to the Rabsky Group kept the sales volume strong in the borough. Forest City’s David LaRue predicted more transactions this year, including an equity stake in the firm’s Pacific Park project...

09/01/2015
Simon Dushinsky’s Rabsky Group took the No...

07/07/2015
Four qualifying residential projects were filed in Williamsburg in just June alone, the most of any New York neighborhood. Three of those projects lie to the neighborhood’s southeast side at the border with Bushwick, close to where two 100+ key hotels were filed just last month, and also close to where Rabsky Group’s plans to include affordable housing at the 370-unit Rheingold Brewery conversion project have been questioned by some officials...

08/01/2014
The rest of the top five included, in order, the Chetrit Group, Clipper Equity, AvalonBay Communities, and the Rabsky Group...
Brooklyn, 11206
Rabsky Group, HARRISON REALTY LLC
This property is a new development. The developer(s) filed plans in April of...
Brooklyn, 11206
RABSKY GROUP, MARCY HOUSING LLC
...
Brooklyn, 11201
Rabsky Group, 625 FULTON A LLC
This property is a new development. 625 Fulton St is a 37,975 square...
Brooklyn, 11211
Rabsky Group, 361 OWNERS LLC
This property is a new development. The developer(s) filed plans in May of...
Brooklyn, 11249
Rabsky Group, NORTH DRIGGS HOLDINGS LLC
139 North 10th Street is a 29,767 square foot building in the Williamsburg...
Brooklyn, 11249
Rabsky Group, NORTH 13 LLC
This property is a new development. The developer(s) filed plans in March of...
Brooklyn, 11206
RABSKY GROUP, BUSHWICK HOLDINGS, LLC
This property is a new development. The developer(s) filed plans in January of...
Brooklyn, 11238
RABSKY GROUP, 564 ST. JOHNS PARTNERS
This property is a new development. The developer(s) filed plans in December of...
Queens, 11101
RABSKY GROUP, 44-49 PURVIS STREET LLC
This property is a new development. The developer(s) filed plans in February of...
Brooklyn, 11206
Rabsky Group, WALLABOUT PROPERTIES LLC
The sponsor(s) filed plans on 07/10/15 for a condo project at 376-380 Wallabout...
Brooklyn, 11211
Rabsky Group, 88 RICHARDSON LLC
...
Brooklyn, 11222
Rabsky Group, RABSKY DEVELOPMENT
26 West Street is a 65,235 square foot building in the Greenpoint neighborhood...
Brooklyn, 11249
RABSKY GROUP, NORTH 13 LLC
This property is a new development. The developer(s) filed plans in March of...
Brooklyn, 11206
RABSKY GROUP, MYRTLE SUITES LLC
This property is a new development. The developer(s) filed plans in October of...
Brooklyn, 11249
RABSKY GROUP, 74 WALLABOUT, LLC|NORTHLAND, LLC|STARWOOD, LLC
377 Flushing Avenue is a 159,092 square foot building built in 2016 in...
Queens, 11101
Rabsky Group, PURVES HOLDINGS LLC
4441 Purves Street is a 209,995 square foot building in the Long Island...
Brooklyn, 11206
RABSKY GROUP, 115 STANWIX REALTY LLC
This property is a new development. The developer(s) filed plans in February of...
Brooklyn, 11215
Rabsky Group, 575 4TH AVENUE LLC
This property is a new development. The developer(s) filed plans in December of...
Manhattan, 10009
RABSKY DEVELOPMENT, EAST 14TH ST LLC
This property is a new development. The developer(s) filed plans in April of...
Brooklyn, 11232
RABSKY GROUP, 635 4TH AVENUE HOLDINGS LLC
This property is a new development. The developer(s) filed plans in January of...
Brooklyn, 11206
ALL YEAR MANAGEMENT, EVERGREEN GARDENS LLC
This property is a new development. The developer(s) filed plans in October of...
Brooklyn, 11206
Rabsky Group, BUSHWICK HOLDINGS, LLC
...