Jay Group
84 Kosciuszko St. Brooklyn, NY 11205
People:
Jay Group NYC portfolio
$1.1 billion -industrial 72%, development 12%, specialty 12%; Brooklyn 74%, Manhattan 25%*
211th largest portfolio by dollar value
181,482 sqft – industrial 57%, office 29%, specialty 11%; Brooklyn 82%, Manhattan 17%
1645th largest by SF
15 properties – Brooklyn 86%, Manhattan 13%
653th largest
961 residential units – Manhattan 52%, Brooklyn 47%
328th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 3 for $192.5 million
Seller company: 1 for $69 million
Borrower company: 15 for $975.9 million
Developer (new building or major alteration): 5 for 457,055 square feet
Top Ten Associated Companies:
Bank Hapoalim (5), Ponce Bank (5), Affinius Capital (4), G4 Capital Partners (3), Camber Property Group (1), Institute for Community Living (1), New York Life Insurance Company (1), Popular Bank (1), HUBB NYC (1), Cross River Bank (1)
Top Ten Associated People:
David Kesselman (3), Steven A. Tsavaris (3), Beth Newman (3), Judy Barnes (2), Rick Gropper (1), Jody Rudin (1), Lisa Bai (1), John P. McCarthy (1), Steve Dluzyn (1), Brad Cohen (1)
Recent activity as company:
• Jay Group borrowed $264 million from Affinius Capital for 165 Willoughby Street on March 20, 2026.
• Pearl Realty Management sold 14 Greenpoint Avenue for $130 million to Jay Group on November 14, 2025.
• Jay Group borrowed $72.2 million from G4 Capital Partners for 14 Greenpoint Avenue on November 14, 2025.
• Jay Group borrowed $57.8 million from Affinius Capital for 214 Greenpoint Avenue on September 17, 2025.
• Jay Group borrowed $36.2 million from Affinius Capital for 1885 Atlantic Avenue on September 17, 2025.
• Jay Group borrowed $34.2 million from Popular Bank for 165 Willoughby Street on August 26, 2025.
• Jay Group, AB & Sons Group and Jacob Aini borrowed $100.8 million from New York Life Insurance Company for 101 Fleet Place on July 10, 2025.
• Jay Group borrowed $60 million from Ponce Bank for 275 Flatbush Avenue Extension on July 01, 2025.
• Jay Group borrowed $53 million from Ponce Bank for 110 Fleet Place on June 05, 2025.
• Jay Group and Jacob Aini sold 2886 Atlantic Avenue for $69 million to Camber Property Group and Institute for Community Living on May 20, 2025.
Latest Stories:
• Jay Group pays $130M to Pearl Realty for dev site in Greenpoint (December 02, 2025)
• Ben-Josef Group Holdings signs $72M refi for office in Garment District (November 21, 2024)
• Jay Group files plans for 360 of 450 units at $75M Downtown Brooklyn site (September 19, 2024)
• Jay Group pays $75M to Pearl Realty for 405K sf dev site in Downtown Brooklyn (September 03, 2024)
Court Records:
Properties: