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

$563.2 million -retail 69%, office 15%, mixed-use 14%; Manhattan 39%, Bronx 34%, Brooklyn 15%*

400th largest portfolio by dollar value

1,068,977 sqft – retail 36%, office 33%, mixed-use 29%; Bronx 52%, Brooklyn 34%, Manhattan 10%

462th largest by SF

24 properties – Manhattan 29%, Bronx 29%, Brooklyn 25%

417th largest

216 residential units – Manhattan 93%, Brooklyn 6%

1092th largest by residential units

1 foreclosure, 0 bankruptcies, 2 other court cases.

Person Activity past 24 months:

Seller signatory: 1 for $7.7 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), Grace Chiang (1), Haley Holmberg (1), Gordon Reid (1)

Recent activity as signatory:

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.

Jemstone Group borrowed $10 million from Capital One for 20 East Fordham Road on December 28, 2021.

Latest Stories:

• 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)

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

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