{"id":188663,"date":"2026-04-07T19:22:27","date_gmt":"2026-04-07T19:22:27","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/188663\/"},"modified":"2026-04-07T19:22:27","modified_gmt":"2026-04-07T19:22:27","slug":"rabsky-group-submits-plans-for-two-residential-buildings-in-bed-stuy-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/188663\/","title":{"rendered":"Rabsky Group Submits Plans for Two Residential Buildings in Bed-Stuy \u2013 Commercial Observer"},"content":{"rendered":"<p><a href=\"https:\/\/commercialobserver.com\/company\/rabsky-group\/\" title=\"Rabsky Group\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Rabsky Group<\/a> is planning neighboring 99- and 98-unit residential developments in Brooklyn\u2019s Bedford -Stuyvesant area.<\/p>\n<p>The two plans, submitted to the New York City Department of Buildings on March 31, sit on a corner lot adjacent to the J train\u2019s Kosciuszko Street station. Together they yield a collective 197 units, staying safely below 485x\u2019s 100-unit tipping point for its enhanced minimum wage requirement.<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2026\/04\/workforce-housing-bob-hart-truamerica\/\" rel=\"nofollow noopener\" target=\"_blank\">Workforce Housing Mogul Bob Hart Knows His Market Well<\/a><\/p>\n<p>The largest of the twin projects is a 92,821-square-foot mixed-use building at 1150 Broadway. The parcel currently hosts a parking lot and a line of small retail storefronts, including the Super Clean laundromat. In their place, Rabsky plans a 99-unit, 11-story building made up of residences and commercial space, <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.pincusco.com\/rabsky-group-files-plans-for-99-units-in-bedford-stuyvesant\/\">PincusCo<\/a> first reported.<\/p>\n<p>A Little Caesars pizza parlor resides across the parking lot on the second site, 1164 Broadway. The smaller parcel is slated to host a 98-unit, 85,991-square-foot building and\u00a0 will mirror its neighbor in reaching 11 stories with a mix of residential and commercial tenants.\u00a0<\/p>\n<p>The 99- and 98-unit plans for the Broadway site reflect a broader trend of <a href=\"https:\/\/commercialobserver.com\/2025\/11\/q3-2025-construction-pipeline-rebny-485x-rebny\/\" rel=\"nofollow noopener\" target=\"_blank\">developers opting out of scaled multifamily developments<\/a> since 485x passed the New York legislature in 2024. Under the program, most multifamily projects with 100 or more units are required to pay workers a minimum wage of $40 per hour, versus the citywide minimum of $17 per hour.<\/p>\n<p>Rabsky could not be reached for comment.<\/p>\n<p>The applicant for Rabsky\u2019s two-parcel plans was Kao Hwa Lee of <a href=\"https:\/\/commercialobserver.com\/company\/kao-hwa-lee-architects\/\" title=\"Kao Hwa Lee Architects\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Kao Hwa Lee Architects<\/a> PC.\u00a0<\/p>\n<p>A deed transfer for the parcel at 1150 and 1164 Broadway was last recorded in 2001, according to city records, when it traded to A Plus Realty Corporation. The Manhasset-based entity still appears to own the parcels. It is possible that Rabsky may be in the process of purchasing the property or has agreed to some other ownership structure.\u00a0\u00a0<\/p>\n<p>The residential development company founded by Simon Dushinsky and Isaac Rabinowitz is known for large-scale projects throughout Brooklyn, including the 35-story, 102-unit 625 Fulton Street project in Downtown Brooklyn, for which it <a href=\"https:\/\/commercialobserver.com\/2026\/04\/jp-morgan-625-fulton-brooklyn-apartments\/\" rel=\"nofollow noopener\" target=\"_blank\">recently secured $765 million in refinancing<\/a> from <a href=\"https:\/\/commercialobserver.com\/company\/j-p-morgan-chase\/\" title=\"J.P. Morgan Chase\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">J.P. Morgan Chase<\/a>.\u00a0<\/p>\n<p>Emily Davis can be reached at <a href=\"https:\/\/commercialobserver.com\/2026\/04\/rabsky-group-bed-stuy-1150-broadway\/mailto:edavis@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">edavis@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Rabsky Group is planning neighboring 99- and 98-unit residential developments in Brooklyn\u2019s Bedford -Stuyvesant area. The two plans,&hellip;\n","protected":false},"author":2,"featured_media":188664,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[75622,75623,75624,98,100,99,1527,2184,75625,75626,9,24,13792,63,75627],"class_list":{"0":"post-188663","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-brooklyn","8":"tag-1150-broadway","9":"tag-1164-broadway","10":"tag-625-fulton-street","11":"tag-brooklyn","12":"tag-brooklyn-headlines","13":"tag-brooklyn-news","14":"tag-construction","15":"tag-development","16":"tag-isaac-rabinowitz","17":"tag-kao-hwa-lee","18":"tag-new-york","19":"tag-new-york-city","20":"tag-new-york-city-department-of-buildings","21":"tag-nyc","22":"tag-simon-dushinsky-channel"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/188663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=188663"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/188663\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/188664"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=188663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=188663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=188663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}