Jacob Schwimmer
(Jacob J. Schwimmer)
Clipper Equity
4611 12th Avenue Suite 1L Brooklyn, NY 11219
Clipper Equity NYC portfolio
$3.1 billion -elevator 58%, D6 11%, industrial 10%; Brooklyn 65%, Manhattan 34%*
66th largest portfolio by dollar value
7,332,879 sqft – elevator 82%, D6 7%, condo 3%; Brooklyn 63%, Manhattan 36%
50th largest by SF
40 properties – Manhattan 80%, Brooklyn 19%
245th largest
7,479 residential units – Brooklyn 70%, Manhattan 29%
32th largest by residential units
1 foreclosure, 0 bankruptcies, 3 other court cases.
Person Activity past 24 months:
Buyer signatory: 1 for $70 million
Seller signatory: 1 for $10.4 million
Borrower signatory: 9 for $428.4 million
Developer (new building or major alteration): 10 for 676,311 square feet
Top Ten Associated Companies:
Valley National Bank (4), Bank Leumi (2), Goldman Sachs (2), Morgan Stanley (2), Haven Capital (2), MF1 Capital (2), Yaakov Gluck (1), Kennedy Wilson (1), Citibank (1), George J. Macchia (1)
Top Ten Associated People:
Jeffrey Puchin (2), Joseph Shanley (2), Yaakov Gluck (1), Jeff Puchin (1), Christopher Gregg (1), Kenneth T. Rosen (1), In Ku Lee (1), Matt Windisch (1), Alicia L. Mioli (1), Kenneth Rosen (1)
Recent activity as signatory:
• Jacob Schwimmer filed plans for new building for 133,457 sqft in Long Island City, Queens, on September 02, 2026.
• Jacob Schwimmer borrowed $9.7 million from Morgan Stanley for 669 Madison Street on August 07, 2026.
• Jacob Schwimmer borrowed $55.3 million from Goldman Sachs for 715 Lincoln Place on June 05, 2026.
• Jacob Schwimmer and Solomon Schwimmer sold 1267 57th Street and 1267 57th Street, Borough Park, Brooklyn for $10.4 million to Yaakov Gluck on May 01, 2026.
• Jacob Schwimmer borrowed $17.5 million from Valley National Bank for 562 Sackett Street on March 31, 2026.
• JCS Realty Group borrowed $8.3 million from Morgan Stanley for 264 Albany Avenue on December 30, 2025.
• JCS Realty Group borrowed $12.1 million from Levon Capital for 488 Broadway on December 18, 2025.
• JCS Realty Group borrowed $33 million from Valley National Bank for 715 Lincoln Place on September 16, 2025.
• Jacob Schwimmer borrowed $130 million from Goldman Sachs for 536 Atlantic Avenue on August 28, 2025.
• JCS Realty Group borrowed $7.5 million from Citibank for 344 Lorimer Street on April 01, 2025.
• Jacob Schwimmer borrowed $155 million from Kennedy Wilson for 2298 3 Avenue on November 25, 2024.
• Extell Development sold 2298 3 Avenue for $70 million to Jacob Schwimmer on November 25, 2024.
• Jacob Schwimmer borrowed $165 million from MF1 Capital for 134 Bruckner Boulevard on August 30, 2024.
• Jacob Schwimmer filed plans for new building for 39,875 sqft in Williamsburg, Brooklyn, on July 31, 2024.
• Thomas Makkos sold 488 Broadway for $4.2 million to Jacob Schwimmer on May 09, 2024.
• Jacob Schwimmer borrowed $141.5 million from MF1 Capital for 82 Alexander Avenue on December 27, 2023.
• Jacob Schwimmer borrowed $63 million from Valley National Bank for 536 Atlantic Avenue on November 29, 2023.
• Gus Papadimitriou sold 536 Atlantic Avenue for $38 million to Jacob Schwimmer on November 29, 2023.
• Ciara Imelda Deane sold 461 Willoughby Avenue for $2.5 million to Jacob Schwimmer on April 27, 2023.
• Jared E. Paioff sold 344 Lorimer Street for $2.2 million to Jacob Schwimmer on December 05, 2022.
Latest Stories:
• Yaakov Gluck pays $10.4M to Schwimmers for 12-unit, mixed-use in Borough Park (May 21, 2026)
• Simon Kaufman signs $36.4M construction loan for 92-unit project in Gowanus (March 04, 2025)
• Jacob Schwimmer signs $165M refi for new 448-unit rental in Mott Haven (September 09, 2024)
• Jacob Schwimmer files plans for 29K synagogue, office building in Williamsburg (August 02, 2024)
• Jacob Schwimmer pays $4.2M for industrial in Williamsburg (May 17, 2024)