Greater Jamaica Development Corporation
(Greater Jamaica Development, Jamaica Center Holding)
Nonprofit
90-04 161st Street Jamaica, NY 11432
People:
Greater Jamaica Development Corporation NYC portfolio
$12.3 million -office 64%, industrial 35%; Queens 100%*
4594th largest portfolio by dollar value
76,471 sqft – office 75%, industrial 24%; Queens 100%
2897th largest by SF
2 properties – Queens 100%
4446th largest
Company Activity past 24 months:
Buyer company: 1 for $4.3 million
Seller company: 1 for $46.1 million
Lender company: 1 for $24 million
Top Ten Associated Companies:
Genting Group (1), Cirrus Real Estate Partners (1), Valley National Bank (1)
Top Ten Associated People:
Joseph McDonnell (1)
Recent activity as company:
• Jeffrey Grossman sold 97-02 150th Street, Jamaica, Queens for $4.3 million to Greater Jamaica Development Corporation on June 11, 2026.
• Genting Group and Cirrus Real Estate Partners borrowed $24 million from Greater Jamaica Development Corporation for 92-30 165 Street on May 29, 2026.
• Greater Jamaica Development Corporation sold 92-30 165 Street for $46.1 million to Genting Group and Cirrus Real Estate Partners on May 29, 2026.
• Jamaica Center Holding borrowed $6 million from Valley National Bank for 160-10 90 Avenue on March 25, 2020.
Properties: