Jack Terzi
(Terzi Jack)
JTRE
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.
Person Activity past 24 months:
Borrower signatory: 1 for $11.9 million
Developer (new building or major alteration): 9 for 2,888 square feet
Top Ten Associated Companies:
Benmark Capital (1), Columbia Pacific Advisors (1), New York County Lawyers Association (1), CPIF Lending (1), China Sonangol (1)
Top Ten Associated People:
Mark Simon (1), Vince Chang (1), Sun Siu Kong (1)
Recent activity as signatory:
• JTRE borrowed $11.9 million from Benmark Capital for 1177 Broadway on June 24, 2025.
• JTRE borrowed $6.8 million from Columbia Pacific Advisors for 27 West 72nd Street, Upper West Side, Manhattan on October 07, 2021.
• New York County Lawyers Association sold 16 Vesey Street for $19 million to JTRE on April 22, 2021.
• JTRE borrowed $8 million from CPIF Lending for 16 Vesey Street on April 22, 2021.
• China Sonangol ground leased 15 Broad Street, 15 Broad Street, 15 Broad Street, Financial District, Manhattan valued at $70 million to JTRE on November 05, 2020.
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)
• JTRE signs $6.8M refi with Columbia Pacific for once-troubled UWS retail condo (October 25, 2021)