ISJ Management
(JJ Operating)
110 West 34th Street, 9th Floor New York, NY 10001
People:
ISJ Management NYC portfolio
$504.8 million -retail 73%, office 16%, mixed-use 8%; Manhattan 42%, Bronx 37%, Brooklyn 12%*
448th largest portfolio by dollar value
984,619 sqft – retail 37%, office 36%, mixed-use 25%; Bronx 56%, Brooklyn 33%, Manhattan 9%
495th largest by SF
19 properties – Bronx 42%, Manhattan 31%, Queens 15%
550th largest
1 foreclosure, 0 bankruptcies, 0 other court cases.
Notes
JJ Operating and ISJ Management have shared office locations and are both affiliated with the Jemal family.
Company Activity past 24 months:
Seller company: 4 for $43.7 million
Borrower company: 2 for $204.8 million
Top Ten Associated Companies:
Signature Bank (2), Capital One (2), TriState Capital Bank (1), Kanstantsin Skirukha (1), Starwood Mortgage Capital (1), Tristate Capital Bank (1), Stop & Shop (1), Fortress Investment Group (1), Pacific Western Bank (1), Yitzchok Katz (1)
Top Ten Associated People:
Paul Verdi (2), Kenneth A. Stagnari (2), Kanstantsin Skirukha (1), Grace Chiang (1), Gordon Reid (1), Yitzchok Katz (1), Cynthia Wang (1), Abraham Kohn (1), Raimondo Zaytoune (1), Jeffrey Horowitz (1)
Recent activity as company:
• JJ Operating, Joseph J. Jemal, ISJ Management and Parkway Management sold 849 Manhattan Avenue for $2.4 million to Kanstantsin Skirukha on July 08, 2026.
• Ralph Braha, ISJ Management, Jenel Management, Buhm Roe and Nakash Holdings sold 267 Broadway for $30 million to Rabsky Group on May 14, 2026.
• ISJ Management and JJ Operating sold None for $3.6 million to Raimondo Zaytoune on April 27, 2026.
• JJ Operating borrowed $19.8 million from TriState Capital Bank for 555 Bergen Avenue on September 30, 2025.
• JJ Operating sold 382 Fulton Street for $7.7 million to Extell Development and Feil Organization on July 09, 2025.
• JJ Operating borrowed $185 million from Apollo Global Management for None on April 11, 2025.
• JJ Operating borrowed $7.9 million from Tristate Capital Bank for 8 Flatbush Avenue on June 12, 2024.
• JJ Operating borrowed $39 million from Starwood Mortgage Capital for Howard building on October 13, 2023.
• Jem Realty Management and ISJ Management borrowed $18.7 million from Apple Bank for Savings for 1 East Fordham Road on October 10, 2023.
• Fortress Investment Group on August 15, 2023 bought a loan with an original principal of $42 million from Capital One, signed by Nicholas Eng, secured by Howard building, when owned by ISJ Management.
• ISJ Management borrowed $55 million from Signature Bank for 249-33 Rockaway Boulevard on December 08, 2022.
• ISJ Management, Jemstone Group and Billy Shalom sold 360 Livingston Street for $25.5 million to Yitzchok Katz on August 25, 2022.
• ISJ Management borrowed $9.5 million from Signature Bank for 140 East Fordham Road on July 15, 2022.
• JJ Operating for William Jemal filed plans for new building for 218,983 sqft in Chelsea, Manhattan, on July 08, 2021.
• JJ Operating borrowed $135 million from Pacific Western Bank for 278 8 Avenue on June 28, 2021.
• ISJ Management borrowed $10.3 million from Capital One for 20 East Fordham Road on January 12, 2021.
• ISJ Management borrowed $10 million from Capital One for Rockaway boulevard on March 18, 2020.
• ISJ Management ground leased Rockaway boulevard valued at $0 to Stop & Shop on October 18, 2019.
Latest Stories:
• Raimondo Zaytoune pays $3.6M to Jemal family for retail in Sheepshead Bay (June 10, 2026)
• Jemal family’;s JJ Operating signs $185M refi with Apollo for Chelsea (April 18, 2025)
• Blackstone files $25M pre-foreclosure at FiDi high rise dev site (October 07, 2024)
Court Records:
Properties: