David Dushey
Jenel Real Estate
(Jenel Management)
Owner
275 Madison Avenue, Suite 1100, New York, NY 10016
Jenel Real Estate NYC portfolio
$896 million -retail 29%, elevator 28%, condo 17%; Manhattan 46%, Brooklyn 34%, Queens 13%*
255th largest portfolio by dollar value
1,371,441 sqft – elevator 27%, retail 23%, condo 21%; Manhattan 49%, Brooklyn 37%, Queens 8%
361th largest by SF
30 properties – Queens 38%, Manhattan 29%, Brooklyn 25%
331th largest
675 residential units – Manhattan 51%, Brooklyn 48%
474th largest by residential units
3 foreclosures, 0 bankruptcies, 5 other court cases.
Person Activity past 24 months:
Seller signatory: 2 for $254.5 million
Borrower signatory: 7 for $219.8 million
Top Ten Associated Companies:
Signature Bank (3), New York Community Bank (2), Webster Bank (2), Peapack Private Bank & Trust (2), Israel Discount Bank (1), Vornado Realty Trust (1), Bank of America (1), Jackson Group (1), Apollo Global Management (1), BankUnited (1)
Top Ten Associated People:
Adam Brenner (2), Marc Cooper (1), Ryan Shay (1), Steven Borenstein (1), Jessica Fritts (1), Gabriel Chehebar (1), John Feijoo (1), Kenneth A. Stagnari (1), Jeffrey Horowitz (1), Nicholas A. LaMorte (1)
Recent activity as signatory:
• Jenel Real Estate borrowed $10 million from Peapack Private Bank & Trust for 2082-2130 Rockaway Parkway, 2002-2058 Rockaway Parkway, and 9601 Schenck Street, Canarsie, Brooklyn on June 09, 2026.
• Jenel Real Estate borrowed $10 million from Peapack Private Bank & Trust for 2082-2130 Rockaway Parkway, 2002-2058 Rockaway Parkway, and 9601 Schenck Street, Canarsie, Brooklyn on June 09, 2026.
• 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.
• Jenel Real Estate borrowed $12.8 million from BankUnited for 407 Knickerbocker Avenue on March 18, 2025.
• 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 borrowed $80 million from Apollo Global Management for 660 Madison Avenue, Lenox Hill, Manhattan on June 27, 2024.
• Jenel Management borrowed $23.8 million from Bank of America for 987 Avenue Of The Americas on December 20, 2023.
Latest Stories:
• Vornado pays $19.1M for Jenel retail in Penn Plaza facing foreclosure auction (October 24, 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)
• $30M pre-foreclosure filed at two 34th Street retail properties (May 14, 2024)
• Jackson Group pays $19.2M to Jenel Management for Jamaica retail (August 30, 2023)
• Jenel Management refiles plans for 61K sf retail building in Ditmars Steinway (October 12, 2022)