Jacob Kohn
Real Estate Acquisition Specialist
Jay Group
Developer, Owner
84 Kosciuszko St. Brooklyn, NY 11205
Jay Group NYC portfolio
$775.5 million* – industrial 66%, specialty 17%, office 8%; Brooklyn 64%, Manhattan 35%
225th largest portfolio by dollar value
114,482 sqft – office 46%, industrial 32%, specialty 17%;
1812th largest by SF
14 properties – Brooklyn 85%, Manhattan 14%
535th largest
961 residential units – Manhattan 52%, Brooklyn 47%
263th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 2 for $62.5 million
Borrower signatory: 10 for $474.2 million
Developer (new building or major alteration): 8 for 108,560 square feet
Top Ten Associated Companies:
Bank Hapoalim (5), Ponce Bank (3), G4 Capital Partners (2), Pearl Realty Management (2), Cross River Bank (1), Prophet Mortgage Opportunities (1), Bank of Princeton (1), MF1 Capital (1), Andru Coren (1), Affinius Capital (1)
Top Ten Associated People:
David Kesselman (3), Steven A. Tsavaris (3), Alan Weiss (2), Judy Barnes (2), Jonathan Pfeil (1), Andru Coren (1), Brad Cohen (1), Beth A. Hunter (1), David Haley (1), Michael Mestel (1)
Recent activity as signatory:
• Jay Group borrowed $53.9 million from Bank Hapoalim for 106 Fleet Place, Downtown Brooklyn, Brooklyn on April 11, 2025.
• Jay Group borrowed $51.1 million from Bank Hapoalim for 104 Fleet Place, Downtown Brooklyn, Brooklyn on April 11, 2025.
• Jay Group borrowed $11.8 million from Ponce Bank for 163 Willoughby Street, Downtown Brooklyn, Brooklyn on April 11, 2025.
• Jay Group borrowed $15.7 million from Ponce Bank for 165 Willoughby Street, Downtown Brooklyn, Brooklyn on April 11, 2025.
• Jay Group borrowed $15.7 million from Ponce Bank for 287 Flatbush Avenue Ext, Downtown Brooklyn, Brooklyn on April 11, 2025.
• Jacob Kohn filed plans for new building for 80,709 sqft in Downtown Brooklyn, Brooklyn, on November 25, 2024.
• Jacob Kohn filed plans for new building for 16,882 sqft in Bedford Park, Bronx, on September 10, 2024.
• Jay Group borrowed $49.5 million from G4 Capital Partners for 147 Prince Street, 165 Willoughby Street, N/A Fleet Place, 275 Flatbush Avenue Ext, 155 Prince Street, and others, Downtown Brooklyn, Brooklyn on August 28, 2024.
• Pearl Realty Management sold 165 Willoughby Street and 275 Flatbush Avenue Ext, Downtown Brooklyn, Brooklyn for $12.5 million to Jay Group on August 28, 2024.
• Pearl Realty Management sold N/A Fleet Place, 102 Fleet Place, N/A Fleet Place, and N/A Fleet Place, Downtown Brooklyn, Brooklyn for $50 million to Jay Group on August 28, 2024.
Latest Stories:
• Jay Group files plans for 360 of 450 units at $75M Downtown Brooklyn site (September 19, 2024)
• Jay Group pays $75M to Pearl Realty for 405K sf dev site in Downtown Brooklyn (September 03, 2024)
• Jay Group signs $34.8M construction loan for 70-unit project in Greenpoint (April 17, 2023)
• Idan Shitrit submits plan for 35-unit building in Greenpoint (January 24, 2023)
• Jay Group buys fifth Speedway gas station, this one in East Williamsburg for $9.8M (July 14, 2022)
• Jacob Kohn pays $15.1M for two industrial properties in Greenpoint (July 07, 2022)
Court Records: