Samuel Jemal
(Samuel J. Jemal)
JJ Operating
Owner
110 W 34th St Suite 9th Fl New York, NY 10001
JJ Operating portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$85.3 million – office 58%, retail 23%; Brooklyn 76%, Manhattan 23%
619th largest portfolio by dollar value
380,789 sqft – office 81%, retail 10%;
740th largest by SF
4 properties – Brooklyn 75%, Manhattan 25%
153th largest
196 residential units – Manhattan 96%, Brooklyn 3%
603th largest by residential units
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 2 for $46.9 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 1 for 7,428 square feet
Top Ten Associated Companies:
Signature Bank (3), Capital One (3), Stop & Shop (1), Yitzchok Katz (1), Starwood Mortgage Capital (1), Tristate Capital Bank (1), Pacific Western Bank (1), Target Corporation (1)
Top Ten Associated People:
Kenneth A. Stagnari (3), Haley Holmberg (1), Gordon Reid (1), Yitzchok Katz (1), Grace Chiang (1), Paul Verdi (1), James Tucker (1)
Recent activity as signatory:
• JJ Operating borrowed $7.9 million from Tristate Capital Bank for 542 Fulton Street, Downtown Brooklyn, Brooklyn on June 21, 2024.
• JJ Operating borrowed $39 million from Starwood Mortgage Capital for 146 Concord Street, Downtown Brooklyn, Brooklyn on October 23, 2023.
• Samuel Jemal filed plans for major alteration for 7,428 sqft in Downtown Brooklyn, Brooklyn, on March 24, 2023.
• ISJ Management borrowed $55 million from Signature Bank for 249-23 Rockaway Boulevard, 252-25 Rockaway Boulevard, and 253-01 Rockaway Boulevard, None, Queens on December 29, 2022.
• ISJ Managementand Jemstone Groupand Billy Shalom sold 364 Livingston Street and 60 Flatbush Avenue, Boerum Hill, Brooklyn for $25.5 million to Yitzchok Katz on September 06, 2022.
• ISJ Management borrowed $9.5 million from Signature Bank for 2477 Grand Concourse, Fordham Heights, Bronx on July 22, 2022.
• Jemstone Group borrowed $11.1 million from Signature Bank for 186 Montague Street, Brooklyn Heights, Brooklyn on June 28, 2022.
• Jemstone Group borrowed $10 million from Capital One for 2440 Jerome Avenue, Fordham Heights, Bronx on January 27, 2022.
• JJ Operating borrowed $135 million from Pacific Western Bank for 258-278 8th Avenue, Chelsea, Manhattan on July 28, 2021.
• ISJ Management borrowed $10.3 million from Capital One for 2440 Jerome Avenue, Fordham, Bronx on January 27, 2021.