Samuel Jemal

(Samuel J. Jemal)

JJ Operating

(ISJ Management, Jemstone Group)

Owner

110 W 34th St Suite 9th Fl New York, NY 10001

112 W 34th St. #2106 New York, NY 10120

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JJ Operating NYC portfolio

$570.6 million -retail 68%, mixed-use 16%, office 14%; Manhattan 38%, Bronx 35%, Brooklyn 15%*

394th largest portfolio by dollar value

1,086,520 sqft – retail 35%, office 33%, mixed-use 31%; Bronx 53%, Brooklyn 33%, Manhattan 9%

453th largest by SF

26 properties – Bronx 34%, Manhattan 26%, Brooklyn 23%

398th largest

26 residential units – Manhattan 50%, Brooklyn 50%

3452th largest by residential units

1 foreclosure, 0 bankruptcies, 2 other court cases.

Person Activity past 24 months:

Seller signatory: 2 for $11.3 million

Borrower signatory: 3 for $212.7 million

Top Ten Associated People:

Kenneth A. Stagnari (3), Paul Verdi (2), James Tucker (1), Yitzchok Katz (1), Jeffrey Horowitz (1), Jeffrey Feil (1), Gordon Reid (1), Raimondo Zaytoune (1), Grace Chiang (1), Haley Holmberg (1)

Recent activity as signatory:

ISJ Management and JJ Operating sold 3696 Nostrand Avenue, Sheepshead Bay, Brooklyn for $3.6 million to Raimondo Zaytoune on April 27, 2026.

JJ Operating borrowed $19.8 million from TriState Capital Bank for 555 Bergen Avenue on September 30, 2025.

JJ Operating sold 382 Fulton Street for $7.7 million to Extell Development and Feil Organization on July 09, 2025.

JJ Operating borrowed $185 million from Apollo Global Management for None on April 11, 2025.

JJ Operating borrowed $7.9 million from Tristate Capital Bank for 8 Flatbush Avenue on June 12, 2024.

JJ Operating borrowed $39 million from Starwood Mortgage Capital for Howard building on October 13, 2023.

ISJ Management borrowed $55 million from Signature Bank for 249-33 Rockaway Boulevard on December 08, 2022.

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

ISJ Management borrowed $9.5 million from Signature Bank for 140 East Fordham Road on July 15, 2022.

Jemstone Group borrowed $11.1 million from Signature Bank for 186 Montague Street on June 05, 2022.

Latest Stories:

• Raimondo Zaytoune pays $3.6M to Jemal family for retail in Sheepshead Bay (June 10, 2026)

• Rabsky, Spencer Equity pay $37.8M to Extell for ground lease dev site in Downtown Brooklyn, part of larger deal (November 06, 2025)

• JJ Operating signs $19.8M refi loan with TriState Capital for retail in Longwood (October 17, 2025)

• Extell, Feil pays $7.7M to JJ Operating for air rights from landmarked building in Downtown Brooklyn (August 04, 2025)

• Jemal family’s JJ Operating signs $185M refi with Apollo for Chelsea (April 18, 2025)

• 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)

• Jemal family’s JJ Operating signs $39M loan with Starwood for office in Downtown Brooklyn (October 24, 2023)

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

• ISJ Management signs $55M refi loan with Signature Bank for three properties in Jamaica (December 30, 2022)

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