The Real Deal New York

Just how much of Deal do Syrian Jewish property moguls own?

By Ariel Stulberg | August 07, 2015 09:00AM

From the August issue: It’s no news flash in this industry that the tiny Jersey Shore hamlet of Deal is a magnet for Syrian Jewish real estate moguls. But just how much of Deal they actually own might surprise you.

The so-called “SY” community, as Brooklyn-based Syrian Jews are sometimes called, has a near-lock on high-end property in the town. That’s especially true along the oceanfront, where a handful of powerful real estate families have set up side-by-side family compounds. [more]