Jay Group
People:
Jay Group portfolio
$20.8 million – industrial 50%, office 29%; Brooklyn 81%, Manhattan 18%
1670th largest portfolio by dollar value
116,079 sqft – office 45%, industrial 33%;
1722th largest by SF
15 properties – Brooklyn 86%, Manhattan 13%
142th largest
1,144 residential units – Brooklyn 55%, Manhattan 44%
194th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 2 for $62.5 million
Seller company: 0 for $0
Borrower company: 5 for $268.8 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Speedway (4), Bank Hapoalim (2), Pearl Realty Management (2), G4 Capital Partners (2), Leser Group (1), Bank of Princeton (1), Cross River Bank (1), Affinius Capital (1), HUBB NYC (1)
Top Ten Associated People:
Gregory S. Whitman (3), Alan Weiss (2), Abraham Leser (1), Beth A. Hunter (1), Brad Cohen (1), David Haley (1), John P. McCarthy (1), Steve Dluzyn (1)
Latest Stories:
• Jay Group files plans for 360 of 450 units at $75M Downtown Brooklyn site (September 19, 2024)
• Jay Group pays $75M to Pearl Realty for 405K sf dev site in Downtown Brooklyn (September 03, 2024)
• Jay Group signs $34.8M construction loan for 70-unit project in Greenpoint (April 17, 2023)
• HUBB NYC signs $60M refi with MetLife for building in Harlem (February 11, 2022)
Litigation: