JEMB Realty

(J.E.M.B. Realty)

Owner

Partnership

150 Broadway Suite 800 New York, NY 10038

People:

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JEMB Realty portfolio

$429.9 million* – condo 63%, specialty 35%; Manhattan 98%, Brooklyn 1%

155th largest portfolio by dollar value

1,127,247 sqft – condo 74%, specialty 22%;

309th largest by SF

5 properties – Manhattan 60%, Brooklyn 40%

1474th largest

1,065 residential units – Manhattan 64%, Brooklyn 35%

228th largest by residential units

Notes

Website: “JEMB Realty Corporation was founded by Morris Bailey and Joseph L. Jerome in 1990.”

Company Activity past 24 months:

Borrower company: 1 for $300 million

Top Ten Associated Companies:

Wells Fargo (1), Bank of Montreal (1)

Top Ten Associated People:

John O’Loughlin (1), Nicola Ramsay-Palmer (1), Leanne Lispi (1)

Recent activity as company:

JEMB Realty borrowed $300 million from Bank of Montreal for 1293 Broadway, Penn Plaza, Manhattan on January 10, 2025.

JEMB Realty and CanAm Capital Partners borrowed $135 million from Wells Fargo for 312 Coney Island Avenue and 11 Ocean Parkway, Windsor Terrace, Brooklyn on August 05, 2022.

JEMB Realty for Morris Jerome filed plans for new building for 395,762 sqft in Windsor Terrace, Brooklyn, on September 16, 2021.

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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