Joseph L. Jemal

(Joseph Jemal)

ICER Properties

(ICER Real Estate Services)

Owner

1385 Broadway 16th Fl New York, NY 10018

LinkedIn

ICER Properties NYC portfolio

$80.4 million -walkup 51%, office 23%, elevator 14%; Manhattan 59%, Queens 23%, Bronx 9%*

1850th largest portfolio by dollar value

285,412 sqft – walkup 65%, office 13%, elevator 10%; Manhattan 52%, Bronx 24%, Queens 13%

1307th largest by SF

22 properties – Manhattan 77%, Bronx 9%, Brooklyn 9%

531th largest

242 residential units – Manhattan 72%, Bronx 25%, Brooklyn 2%

1081th largest by residential units

14 foreclosures, 0 bankruptcies, 2 other court cases.

Notes

Website: Joseph joined ICER Properties in 2008 and began to manage, acquire, and develop multifamily and retail properties in the New York City boroughs with a strong focus on Upper Manhattan and The Bronx.

Person Activity past 24 months:

Developer (new building or major alteration): 81 for 210,358 square feet

Top Ten Associated Companies:

CBRE Capital Markets (1), Walker & Dunlop (1), TD Bank (1), Shell Lanes (1), Yitzchok Katz (1)

Top Ten Associated People:

Howard Adams (1), Yitzchok Katz (1)

Recent activity as signatory:

ISJ Management, Jemstone Group and Billy Shalom sold 360 Livingston Street for $25.5 million to Yitzchok Katz on August 25, 2022.

ICER Properties borrowed $21 million from Walker & Dunlop for 133 Edgecombe Avenue on June 01, 2021.

Shell Lanes sold 25 Bouck Court for $4.7 million to ICER Properties on December 24, 2020.

ICER Properties borrowed $8.6 million from CBRE Capital Markets for 415 West 150 Street on April 13, 2020.

ICER Properties borrowed $8 million from TD Bank for 385 Convent Avenue on December 10, 2019.

Latest Stories:

• Goose Property signs $93.7M construction loan for 3-building dev site in Boerum Hill (December 30, 2024)

• Goose Property files plans for 77 units in Downtown Brooklyn, part of 3-building development (November 06, 2024)

• Yitzchok Katz files plan for second building in Downtown Brooklyn, this with 105 units (February 06, 2023)

• Yitzchok Katz files plan for 75-unit building in Downtown Brooklyn, paid $25M last month for site (September 30, 2022)

• Yitzchok Katz pays $25.5M to ISJ, Jemstone, Billy Shalom, others for Downtown Brooklyn dev property (September 06, 2022)

• Lawrence Jemal’s ICER Properties borrows $8M from TD Bank for 31 units in Hamilton Heights (September 10, 2020)

• Joseph L. Jemal’s ICER Properties borrows $9M from CBRE Capital Markets for multifamily property in Hamilton Heights (April 21, 2020)

• Icer of 133 Edgecombe LLC obtained financing of $5M from CBRE Capital Markets (August 27, 2019)

Court Records:

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Properties:

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