Jacob Schwimmer
Owner
199 Lee Ave #1088 Brooklyn, NY 11211
JCS Realty Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$145.5 million – office 47%, elevator 38%; Brooklyn 76%, Bronx 21%
394th largest portfolio by dollar value
900,444 sqft – office 42%, elevator 40%;
357th largest by SF
20 properties – Brooklyn 75%, Bronx 20%
137th largest
1,354 residential units – Bronx 79%, Brooklyn 20%
166th largest by residential units
Person Activity past 24 months:
Buyer signatory: 4 for $114.8 million
Seller signatory: 0 for $0
Borrower signatory: 5 for $679.5 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 39,875 square feet
Top Ten Associated Companies:
Haven Capital (2), Valley National Bank (2), MF1 Capital (2), Bank Leumi (2), Kennedy Wilson (2), George J. Macchia (1), Montgomery Street Partners (1), Hanover Community Bank (1), Customers Bank (1), Jared E. Paioff (1)
Top Ten Associated People:
Joseph Shanley (2), In Ku Lee (2), Matt Windisch (2), George J. Macchia (1), Murray McCabe (1), Craig Goldstein (1), Vincent Piskorski (1), Jared E. Paioff (1), Gus Papadimitriou (1), Jeffrey Puchin (1)
Recent activity as signatory:
• Jacob Schwimmer borrowed $155 million from Kennedy Wilson for 180 East 125th Street, East Harlem, Manhattan on December 13, 2024.
• Jacob Schwimmer borrowed $155 million from Kennedy Wilson for 180 East 125th Street, East Harlem, Manhattan on December 13, 2024.
• Extell Development sold 180 East 125th Street, East Harlem, Manhattan for $70 million to Jacob Schwimmer on December 13, 2024.
• Jacob Schwimmer borrowed $165 million from MF1 Capital for 138 Bruckner Boulevard, Mott Haven, Bronx on September 06, 2024.
• Jacob Schwimmer filed plans for new building for 39,875 sqft in Williamsburg, Brooklyn, on July 31, 2024.
• Thomas Makkos sold 488 Broadway, Williamsburg, Brooklyn for $4.2 million to Jacob Schwimmer on May 16, 2024.
• Jacob Schwimmer borrowed $141.5 million from MF1 Capital for 40 Bruckner Boulevard, Mott Haven, Bronx on December 29, 2023.
• Jacob Schwimmer borrowed $63 million from Valley National Bank for 540 Atlantic Avenue, Boerum Hill, Brooklyn on December 06, 2023.
• Gus Papadimitriou sold 540 Atlantic Avenue, Boerum Hill, Brooklyn for $38 million to Jacob Schwimmer on December 05, 2023.
• Ciara Imelda Deane sold 461 Willoughby Avenue, Bedford Stuyvesant, Brooklyn for $2.5 million to Jacob Schwimmer on May 11, 2023.
Latest Stories:
• Jacob Schwimmer pays $70M to Extell for dev site in East Harlem, gets $155M loan December 16, 2024
• Jacob Schwimmer signs $165M refi for new 448-unit rental in Mott Haven September 09, 2024
• Jacob Schwimmer files plans for 29K synagogue, office building in Williamsburg August 02, 2024
• Jacob Schwimmer pays $4.2M for industrial in Williamsburg May 17, 2024
• Jacob Schwimmer signs $141.5M refi for newly built 365-unit rental in Mott Haven January 02, 2024
• Jacob Schwimmer signs $63M construction loan for 159-unit project in Boerum Hill December 07, 2023
• Jacob Schwimmer pays $38M for office in Boerum Hill, possible dev site December 06, 2023
• Jacob Schwimmer pays $2.2M for dev site in Williamsburg December 14, 2022
• Davis Companies buys $21.6M note secured by office building in Boerum Hill November 08, 2022