Jenel Real Estate
(Jenel Management)
275 Madison Avenue, Suite 1100, New York, NY 10016
People:
Jenel Real Estate NYC portfolio
$872.3 million -elevator 29%, retail 27%, condo 18%; Manhattan 47%, Brooklyn 32%, Queens 14%*
261th largest portfolio by dollar value
1,304,174 sqft – elevator 28%, condo 22%, retail 20%; Manhattan 51%, Brooklyn 34%, Queens 9%
375th largest by SF
27 properties – Queens 42%, Manhattan 32%, Brooklyn 17%
363th largest
675 residential units – Manhattan 51%, Brooklyn 48%
447th largest by residential units
3 foreclosures, 0 bankruptcies, 5 other court cases.
Notes
There is a New Jersey company called Jenel Management which is not related.
Company Activity past 24 months:
Seller company: 3 for $260.8 million
Borrower company: 8 for $328.7 million
Lender company: 1 for $0
Top Ten Associated Companies:
Signature Bank (3), Webster Bank (2), New York Community Bank (2), H.I.G. Capital (1), KKR & Co. (1), Dalan Management (1), UMB Bank trustee (1), Israel Discount Bank (1), Vornado Realty Trust (1), Hybrid Capital (1)
Top Ten Associated People:
Adam Brenner (2), Jeffrey Wiseman (1), Daniel Rudin (1), Elizabeth A. Brewster (1), Marc Cooper (1), Ryan Shay (1), Steven Borenstein (1), Robert Bakhchi (1), Gabriel Chehebar (1), Jessica Fritts (1)
Recent activity as company:
• Jenel Real Estate sold 136 West 34 Street for $19.1 million to Vornado Realty Trust on October 17, 2025.
• Jenel Real Estate borrowed $32 million from Israel Discount Bank for 540 Fulton Street and 540 Fulton Street, Downtown Brooklyn, Brooklyn on June 20, 2025.
• Jenel Real Estate borrowed $30 million from Webster Bank for 22-06 31 Street on June 05, 2025.
• Wharton Properties and Jenel Real Estate borrowed $38.9 million from UMB Bank trustee for 2700 Broadway, Upper West Side, Manhattan on May 30, 2025.
• Jenel Real Estate borrowed $12.8 million from BankUnited for 407 Knickerbocker Avenue on March 18, 2025.
• Jenel Real Estate borrowed $90 million from Goldman Sachs for 222 West 35 Street on January 28, 2025.
• Jenel Management on December 31, 2024 bought a loan with an original principal of $17 million from Midland National Life Insurance Company, signed by Jennifer Marler, secured by 140 West 34 Street, when owned by Jenel Management.
• Jenel Management borrowed $45 million from Webster Bank for 22-11 31 Street on November 12, 2024.
• Jenel Real Estate sold 540 Fulton Street, Downtown Brooklyn, Brooklyn for $235.4 million to KKR & Co. and Dalan Management on October 15, 2024.
• Jenel Management sold 404 East 150 Street for $6.3 million to David Yeroshalmi on September 19, 2024.
Latest Stories:
• Vornado pays $19.1M for Jenel retail in Penn Plaza facing foreclosure auction (October 24, 2025)
• Wharton Properties signs $38.9M refi for Columbia U.-leased retail in UWS (July 07, 2025)
• Jenel Real Estate signs $30M refi with Webster Bank for Ditmars Steinway retail (July 01, 2025)
• Jenel Real Estate signs $12.8M refi for mixed-use in Bushwick (March 21, 2025)
• Jenel Management signs $45M refi for newly built retail in Ditmars Steinway (November 20, 2024)
• KKR, Dalan pay $235.4M to Jenel for 327-unit rental in Downtown Brooklyn (October 23, 2024)
Court Records:
Properties: