Jacob Schwimmer
(Schwimmer Jacob)
JCS Realty Group
Owner
199 Lee Ave #1088 Brooklyn, NY 11211
JCS Realty Group|Jacob Schwimmer NYC portfolio
$1.4 billion -development 43%, elevator 24%, office 20%; Brooklyn 39%, Bronx 36%, Manhattan 23%*
151th largest portfolio by dollar value
1,950,696 sqft – elevator 70%, office 19%, development 4%; Manhattan 52%, Brooklyn 30%, Bronx 17%
253th largest by SF
25 properties – Brooklyn 72%, Bronx 16%, Manhattan 12%
395th largest
2,480 residential units – Bronx 43%, Manhattan 38%, Brooklyn 17%
128th largest by residential units
Person Activity past 24 months:
Buyer signatory: 2 for $74.2 million
Borrower signatory: 8 for $528.4 million
Developer (new building or major alteration): 7 for 46,076 square feet
Top Ten Associated Companies:
Valley National Bank (4), Bank Leumi (2), MF1 Capital (2), Haven Capital (2), Spruce Capital (1), S3 Capital (1), Extell Development (1), Montgomery Street Partners (1), Jared E. Paioff (1), Citibank (1)
Top Ten Associated People:
Jeffrey Puchin (2), Joseph Shanley (2), Mark Kwestel (1), Murray McCabe (1), Jared E. Paioff (1), Alicia L. Mioli (1), Jeff Puchin (1), Christopher Gregg (1), In Ku Lee (1), Matt Windisch (1)
Recent activity as signatory:
• 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.
• Extell Development sold 2298 3 Avenue for $70 million to Jacob Schwimmer on November 25, 2024.
• Jacob Schwimmer borrowed $155 million from Kennedy Wilson for 2298 3 Avenue 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.
Latest Stories:
• 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)