JEMB Realty
(J.E.M.B. Realty)
Owner
Partnership
150 Broadway Suite 800 New York, NY 10038
People:
JEMB Realty NYC portfolio
$1.5 billion -condo 37%, office 35%, specialty 26%; Manhattan 76%, Brooklyn 23%*
138th largest portfolio by dollar value
2,461,885 sqft – office 54%, condo 34%, specialty 10%; Manhattan 82%, Brooklyn 17%
185th largest by SF
8 properties – Manhattan 55%, Brooklyn 44%
1199th largest
1,065 residential units – Manhattan 64%, Brooklyn 35%
294th 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: 3 for $700 million
Top Ten Associated Companies:
Corebridge Financial (1), Deutsche Bank (1), Bank of Montreal (1), Wells Fargo (1)
Top Ten Associated People:
Michael Medvin (1), Peter Castro (1), David Goodman (1), Leanne Lispi (1), John O’Loughlin (1), Nicola Ramsay-Palmer (1)
Recent activity as company:
• JEMB Realty borrowed $125 million from Deutsche Bank for 420 Albee Square, Downtown Brooklyn, Brooklyn on December 15, 2025.
• JEMB Realty borrowed $275 million from Corebridge Financial for 50 West 34th Street and 50 West 34th Street, Penn Station, Manhattan on August 18, 2025.
• JEMB Realty borrowed $300 million from Bank of Montreal for 1311 Broadway on January 03, 2025.
• JEMB Realty and CanAm Capital Partners borrowed $135 million from Wells Fargo for None on July 29, 2022.
• JEMB Realty for Morris Jerome filed plans for new building for 395,762 sqft in Windsor Terrace, Brooklyn, on September 16, 2021.
• JEMB Realty for Morris Jerome filed plans for new building for 387,801 sqft in Downtown Brooklyn, Brooklyn, on September 20, 2017.
• JEMB Realty for Morris Bailey filed plans for new building for 232,375 sqft in Downtown Brooklyn, Brooklyn, on September 25, 2014.
Latest Stories:
• JEMB Realty signs $275M loan extension with Corebridge in Penn Plaza (September 03, 2025)
Properties: