Jenel Real Estate

275 Madison Avenue, Suite 1100, New York, NY 10016

People:

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Jenel Real Estate NYC portfolio

$268.1 million* – retail 44%, hotel 44%; Manhattan 93%, Brooklyn 6%

605th largest portfolio by dollar value

307,184 sqft – hotel 65%, retail 19%;

899th largest by SF

4 properties – Manhattan 75%, Brooklyn 25%

1829th largest

348 residential units – Manhattan 100%, Bronx 0%

602th largest by residential units

Notes

There is a New Jersey company called Jenel Management which is not related.

Company Activity past 24 months:

Seller company: 1 for $235.4 million

Borrower company: 2 for $102.8 million

Top Ten Associated Companies:

BankUnited (1), KKR & Co. (1), Dalan Management (1), Goldman Sachs (1)

Top Ten Associated People:

Anthony McCoy (1), Daniel Rudin (1)

Recent activity as company:

Jenel Real Estate borrowed $12.8 million from BankUnited for 399 Knickerbocker Avenue, Bushwick, Brooklyn on March 20, 2025.

Jenel Real Estate borrowed $90 million from Goldman Sachs for 218 West 35th Street and 223 West 34th Street, Garment District, Manhattan on February 05, 2025.

Jenel Real Estate sold 540 Fulton Street, Downtown Brooklyn, Brooklyn for $235.4 million to KKR & Co. and Dalan Management on October 22, 2024.

Jenel Real Estate for Sam Dushey filed plans for new building for 61,366 sqft in Ditmars Steinway, Queens, on January 09, 2019.

Jenel Real Estate for Samuel Dushey filed plans for new building for 333,041 sqft in Downtown Brooklyn, Brooklyn, on April 20, 2016.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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