Jacob Schwimmer
JCS Realty Group
Owner
199 Lee Ave #1088 Brooklyn, NY 11211
JCS Realty Group|Jacob Schwimmer NYC portfolio
$1.1 billion* – development 55%, elevator 19%; Bronx 47%, Brooklyn 34%
155th largest portfolio by dollar value
900,444 sqft – office 42%, elevator 40%;
367th largest by SF
20 properties – Brooklyn 75%, Bronx 20%
450th largest
1,354 residential units – Bronx 79%, Brooklyn 20%
173th largest by residential units
Person Activity past 24 months:
Buyer signatory: 4 for $114.8 million
Borrower signatory: 5 for $679.5 million
Developer (new building or major alteration): 14 for 123,004 square feet
Top Ten Associated Companies:
Haven Capital (2), Valley National Bank (2), Kennedy Wilson (2), Bank Leumi (2), MF1 Capital (2), George J. Macchia (1), Gus Papadimitriou (1), Hanover Community Bank (1), Thomas Makkos (1), Customers Bank (1)
Top Ten Associated People:
Joseph Shanley (2), In Ku Lee (2), Matt Windisch (2), George J. Macchia (1), Gus Papadimitriou (1), Craig Goldstein (1), Thomas Makkos (1), Vincent Piskorski (1), Richard Rodriguez (1), Jeff Puchin (1)
Recent activity as signatory:
• Jacob Schwimmer borrowed $155 million from Kennedy Wilson for 180 East 125th Street, East Harlem, Manhattan on December 13, 2024.
• Jacob Schwimmer borrowed $155 million from Kennedy Wilson for 180 East 125th Street, East Harlem, Manhattan on December 13, 2024.
• Extell Development sold 180 East 125th Street, East Harlem, Manhattan for $70 million to Jacob Schwimmer on December 13, 2024.
• Jacob Schwimmer borrowed $165 million from MF1 Capital for 138 Bruckner Boulevard, Mott Haven, Bronx on September 06, 2024.
• Jacob Schwimmer filed plans for new building for 39,875 sqft in Williamsburg, Brooklyn, on July 31, 2024.
• Thomas Makkos sold 488 Broadway, Williamsburg, Brooklyn for $4.2 million to Jacob Schwimmer on May 16, 2024.
• Jacob Schwimmer borrowed $141.5 million from MF1 Capital for 40 Bruckner Boulevard, Mott Haven, Bronx on December 29, 2023.
• Jacob Schwimmer borrowed $63 million from Valley National Bank for 540 Atlantic Avenue, Boerum Hill, Brooklyn on December 06, 2023.
• Gus Papadimitriou sold 540 Atlantic Avenue, Boerum Hill, Brooklyn for $38 million to Jacob Schwimmer on December 05, 2023.
• Ciara Imelda Deane sold 461 Willoughby Avenue, Bedford Stuyvesant, Brooklyn for $2.5 million to Jacob Schwimmer on May 11, 2023.
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)
• Jacob Schwimmer pays $38M for office in Boerum Hill, possible dev site (December 06, 2023)
• Jacob Schwimmer pays $2.2M for dev site in Williamsburg (December 14, 2022)
Properties: