Juan Barahona
Principal
SMJ Development
Developer, Owner
SMJ Development NYC portfolio
$537.4 million -elevator 70%, development 21%, walkup 7%; Brooklyn 70%, Queens 21%, Manhattan 8%*
413th largest portfolio by dollar value
2,080,858 sqft – elevator 96%, walkup 1%; Brooklyn 96%, Manhattan 2%
240th largest by SF
9 properties – Brooklyn 66%, Manhattan 22%, Queens 11%
1113th largest
2,126 residential units – Brooklyn 90%, Queens 5%, Manhattan 4%
149th largest by residential units
Person Activity past 24 months:
Buyer signatory: 3 for $35.5 million
Borrower signatory: 5 for $160.7 million
Top Ten Associated Companies:
Webster Bank (2), Neighborhood Restore (2), NYC Housing Development Corporation (1), Croman Real Estate (1), Enterprise Community Partners (1), Peter Zuccarello (1), Damien Smith (1), Gandolfo DiFiore (1), Joseph Mazzola (1), Gerald Caliendo (1)
Top Ten Associated People:
Salvatore D’Avola (2), Steven Croman (1), Peter Zuccarello (1), Damien Smith (1), Gandolfo DiFiore (1), Joseph Mazzola (1), Gerald Caliendo (1), K. James Dittbrenner (1)
Recent activity as signatory:
• Neighborhood Restore sold 204 Avenue A for $8.7 million to 204 Avenue A HDFC on December 11, 2025.
• SMJ Development borrowed $19.8 million from Webster Bank for 351 West 45 Street on June 27, 2025.
• SMJ Development and Services for the UnderServed borrowed $30.2 million from Webster Bank for 351 West 45 Street on June 27, 2025.
• Neighborhood Restore sold 535 East 12 Street for $6.9 million to SMJ Development on September 05, 2024.
• SMJ Development borrowed $6.3 million from Community Preservation Corporation for 535 East 12 Street on September 05, 2024.
• SMJ Development and Settlement Housing Fund borrowed $85.1 million from NYC Housing Development Corporation for 85-11 68 Road on June 26, 2024.
• Croman Real Estate sold 351 West 45 Street for $20 million to SMJ Development and Services for the UnderServed on June 26, 2024.
• SMJ Development and Services for the UnderServed borrowed $19.2 million from Enterprise Community Partners for 351 West 45 Street on June 26, 2024.
• Peter Zuccarello, Damien Smith, Gandolfo DiFiore, Joseph Mazzola and Gerald Caliendo sold 85-11 68 Road for $12.5 million to SMJ Development on October 19, 2023.
• SMJ Development borrowed $13.7 million from Low Income Investment Fund for 85-11 68 Road on October 19, 2023.