Josh Grunzweig
Co-President
JG Funding
Owner, Lender
Private Equity
531 Wild Ave 2nd Floor Staten Island, NY 10314
JG Funding NYC portfolio
$16.6 million -elevator 100%; Brooklyn 100%*
3848th largest portfolio by dollar value
21,666 sqft – elevator 100%; Brooklyn 100%
4818th largest by SF
25 residential units – Brooklyn 100%
3474th largest by residential units
12 foreclosures, 7 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Lender signatory: 1 for $7.2 million
Top Ten Associated Companies:
Franciszka Cielepak (1), Joel Schwartz (1), Mayer Berkovits (1), CW Realty Group (1)
Top Ten Associated People:
Franciszka Cielepak (1), Joel Schwartz (1), Mayer Berkovits (1), Perl Weisz (1)
Recent activity as signatory:
• Mayer Berkovits borrowed $7.2 million from JG Funding for 327 Broome Street on April 24, 2026.
• Joel Schwartz borrowed $7.1 million from Grasshopper Bank for 31 Spencer Street, Bedford Stuyvesant, Brooklyn on August 13, 2025.
• Franciszka Cielepak borrowed $5.5 million from JG Funding for 419 Manhattan Avenue on July 10, 2023.
• CW Realty Group borrowed $6 million from JG Funding for 453 East 83 Street on August 03, 2022.
• Joel Schwartz sold 787 Glenmore Avenue for $30 to JG Funding on February 09, 2022.
• TLOA Mortgage on October 26, 2021 bought a loan with an original principal of $1.4 million from JG Funding, signed by Josh Grunzweig, secured by 712 East 216 Street, when owned by Mendel Tessler.