JTRE
People:
JTRE NYC portfolio
$118.8 million -condo 63%, retail 21%, office 15%; Manhattan 92%, Brooklyn 7%*
1353th largest portfolio by dollar value
222,651 sqft – condo 91%, office 4%, retail 4%; Manhattan 96%, Brooklyn 3%
1449th largest by SF
6 properties – Manhattan 85%, Brooklyn 14%
1652th largest
5 foreclosures, 1 bankruptcy, 26 other court cases.
Company Activity past 24 months:
Seller company: 1 for $2.2 million
Borrower company: 2 for $18.4 million
Top Ten Associated Companies:
Delshah Capital (2), CPIF Lending (2), Dime Community Bank (2), Benmark Capital (2), Jovia Financial Federal Credit Union (1), Pine Corporate Services LLC (1), LBC2 Trust (1), Kazi Jhosey (1), Argentic Investment Management (1), Columbia Pacific Advisors (1)
Top Ten Associated People:
Berry Ann Tamberg (1), Betty Ann Tamberg (1), Mark Simon (1), Bruce Rickert (1)
Recent activity as company:
• JTRE sold 31-33 East 28th Street, NoMad, Manhattan for $2.2 million to Kazi Jhosey on October 17, 2025.
• JTRE borrowed $11.9 million from Benmark Capital for 1177 Broadway on June 24, 2025.
• JTRE borrowed $6.5 million from Dime Community Bank for 807 Manhattan Avenue, Greenpoint, Brooklyn on June 16, 2025.
• Benmark Capital on November 30, 2022 bought a loan with an original principal of $12 million from Pine Corporate Services LLC, signed by Michael Liebler, secured by 1177 Broadway, when owned by JTRE.
• Michael Cohen and JTRE borrowed $7.3 million from Dime Community Bank for 958 Avenue Of The Americas on July 18, 2022.
• Salvatore Bullaro, Olivia Armao and Tina-Marie Bullaro sold 958 Avenue Of The Americas for $9.7 million to Michael Cohen and JTRE on July 18, 2022.
• LBC2 Trust on April 07, 2022 bought a loan with an original principal of $26 million from Argentic Investment Management and CSAIL 2018-CX11, signed by John Mayfield|Bruce Rickert, secured by 6 West 28 Street, when owned by JTRE.
• JTRE borrowed $6.8 million from Columbia Pacific Advisors for 27 West 72nd Street, Upper West Side, Manhattan on October 07, 2021.
• Pine Corporate Services LLC on October 01, 2021 bought a loan with an original principal of $12 million from Jovia Financial, signed by Howard Shim, secured by 1177 Broadway, when owned by JTRE.
• Delshah Capital on May 14, 2021 bought a loan with an original principal of $7 million from Amherst Capital Management, signed by Jason Rottinger, secured by 27 West 72nd Street, the Upper West Side, Manhattan, when owned by JTRE.
Latest Stories:
• Kazi Jhosey pays $2.2M for bankrupt retail in NoMad (October 28, 2025)
• $101M bankruptcy filed at Tessler Developments’ Midtown South condo tower (June 05, 2024)
• 14 Vesey placed in bankruptcy, pressured by $27.8M pre-foreclosure (March 11, 2024)
• Funding dispute slows renovation at NoMad retail condo: Court filing (December 18, 2023)
• High-profile retail in Garment District sells for $9.7M to JTRE, partners (August 04, 2022)
• JTRE in contract to buy Broadway retail facing Macy’s for $12M: sources (May 20, 2022)
• JTRE signs $6.8M refi with Columbia Pacific for once-troubled UWS retail condo (October 25, 2021)
Court Records:
Properties:
