Jacob Kohn
Real Estate Acquisition Specialist
Jay Group
Developer, Owner
Jay Group NYC portfolio
$713.7 million* – industrial 64.0%, specialty 18.0%; Brooklyn 61.0%, Manhattan 38.0%
225th largest portfolio by dollar value
116,079 sqft – office 45%, industrial 33%;
1733th largest by SF
15 properties – Brooklyn 86%, Manhattan 13%
565th largest
1,144 residential units – Brooklyn 55%, Manhattan 44%
196th 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: 7 for $442.4 million
Developer (new building or major alteration): 8 for 108,559 square feet
Top Ten Associated Companies:
Bank Hapoalim (3), Pearl Realty Management (2), G4 Capital Partners (2), MF1 Capital (1), H.I.G. Capital (1), Cross River Bank (1), Affinius Capital (1), Prophet Mortgage Opportunities (1), Andru Coren (1), Bank of Princeton (1)
Top Ten Associated People:
Alan Weiss (2), Jonathan Pfeil (1), Michael Mestel (1), Ilana Druyan (1), David Kesselman (1), Brad Cohen (1), David Haley (1), Andru Coren (1), Beth A. Hunter (1)
Recent activity as company:
• 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 30, 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 30, 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 30, 2024.
• Jay Group borrowed $100 million from Affinius Capital for 101 Fleet Place, Downtown Brooklyn, Brooklyn on June 07, 2024.
• Jay Group borrowed $32.5 million from Bank of Princeton for 1885 Atlantic Avenue, Bedford Stuyvesant, Brooklyn on January 05, 2024.
• Jay Group borrowed $52 million from Cross River Bank for 2864 Atlantic Avenue, East New York, Brooklyn on October 24, 2023.
• Jay Group and Jacob Aini borrowed $92 million from Bank Hapoalim for 401 West 207th Street, Inwood, Manhattan on October 03, 2023.
• Jay Group borrowed $34.8 million from Bank Hapoalim for 210 Greenpoint Avenue, Greenpoint, Brooklyn on April 14, 2023.
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: