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JEMB Realty

150 Broadway, Suite 800
New York, NY 10038
(212) 608-5100
Website

JEMB Realty is a privately held real estate firm based in Lower Manhattan, founded in 1990 by Morris Bailey and Joseph Jerome. JEMB, an affiliate of Montreal-based firm BUSAC Real Estate and Helm Equities, owns and operates more than 6 million square feet of property, including self-storage, industrial and hotel properties. The firm converted the underperforming 75 Broad Street near the New York Stock Exchange into a revitalized commercial office space location. JEMB also has invested in energy, telecommunications and financing with investments in commercial real estate debt and equity, as well as partnered with Gomes Gaming to purchase the flailing Resorts Casino Hotel in Atlantic City. In 2012, JEMB purchased the leasehold interests of Daffy's during the discount retailer's bankruptcy. The interests included 125 East 57th Street, a site in Times Square and the retailer's Herald Square storefront location. In 2015, JEMB announced plans to develop at least 400,000 square feet of commercial space in a tower at 420 Albee Square in Brooklyn's tech triangle, space the firm purchased the previous year for almost $40 million.

  • Event Retail Leasing
  • Address 1293 Broadway
  • Neighborhood Herald Square
  • Borough Manhattan
  • Square feet 808
notes
The Korean beauty brand inked a lease for the Herald Square space.
  • Event Financing
  • Address 420 Albee Square
  • Neighborhood Brooklyn Heights
  • Borough Brooklyn
  • Square feet 500,000
  • Price $ 235,000,000
  • Publication Date 07/23/2018
  • Event Date 07/23/2018
  • Party 1 JEMB Realty
  • Party 2 Otéra Capital
notes
The owner secured a loan of $235 million for the Brooklyn Heights property.
  • Event Sales
  • Address 72 Caton Place
  • Neighborhood Windsor Terrace
  • Borough Brooklyn
  • Price $ 23,000,000
notes
The buyer secured the Windsor Terrace property for $23 million.
  • Event Office Leasing
  • Address 1 Willoughby Square
  • Neighborhood Downtown Brooklyn
  • Borough Brooklyn
  • Square feet 40,000
notes
The architecture firm inked a 15-year lease in a building its designing in Downtown Brooklyn.
  • Event Financing
  • Address 420 Albee Square West
  • Neighborhood Downtown Brooklyn
  • Borough Brooklyn
  • Square feet 232,375
  • Price $ 56,500,000
  • Publication Date 10/01/2017
  • Event Date 09/06/2017
  • Party 1 JEMB Realty
  • Party 2 Natixis
notes
The real estate firm acquired a loan for $56.5 million.
  • Event Financing
  • Address 72 Caton Place
  • Neighborhood Windsor Terrace
  • Borough Brooklyn
  • Square feet 21,992
  • Price $ 12,500,000
notes
The borrower secured a refinance for $12.5 million, which consolidated 2 previous loans.
  • Event Sales
  • Address 72 Caton Place
  • Neighborhood Windsor Terrace
  • Borough Brooklyn
  • Square feet 21,992
  • Price $ 15,194,971
  • Price per foot $ 690.93
  • Publication Date 06/01/2017
  • Event Date 04/17/2017
  • Party 1 Cavalry Cathedral
  • Party 2 JEMB Realty
notes
The former church parking lot was sold for $15.2 million.
  • Event Office Leasing
  • Address 75 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 10,474
  • Publication Date 04/01/2017
  • Event Date 02/15/2017
  • Party 1 JEMB Realty
  • Party 1 Brokerage Newmark Grubb Knight Frank
  • Party 1 Broker Hal Stein, Todd Stracci
  • Party 2 Nike Communications
notes
The public relations firm signed a lease.
  • Event Office Leasing
  • Address 75 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 9,215
notes
The law firm signed a lease.
  • Event Office Leasing
  • Address 75 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 7,687
notes
The marketing firm signed a lease.
  • Event Office Leasing
  • Address 75 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 7,687
notes
The digital branding firm signed a lease.
  • Event Retail Leasing
  • Address 1311 Broadway
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 4,500
  • Publication Date 01/01/2015
  • Event Date 11/17/2014
  • Party 1 JEMB Realty
  • Party 1 Brokerage JEMB Realty
  • Party 1 Broker Bobby Dweck
  • Party 2 Verizon Wireless
  • Party 2 Brokerage JLL, Newmark Grubb Knight Frank
  • Party 2 Broker Robert Gibson, Tom Citron
notes
The wireless retailer signed a lease for its flagship store at Herald Center.
  • Event Office Leasing
  • Address 75 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 17,899
  • Publication Date 07/01/2014
  • Event Date 05/22/2014
  • Party 1 JEMB Realty
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Frank Cento
  • Party 2 Human Rights First
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Robert Lowe, Carri Lyon, Kevin Daly
notes
The nonprofit signed a long-term lease on the entire 31st and 32nd floors. The tenant is relocating from 333 Seventh Avenue.
  • Event Office Leasing
  • Address 75 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 5,590
  • Price per foot $ 35.00
notes
The USA subsidiary of the Italian pasta company signed a lease on the fourth floor
  • Event Retail Leasing
  • Address 34th Streetand Broadway
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 63,000
notes
The fashion retailer signed a 25-year lease for a new location at Herald Center.
  • Event Retail Leasing
  • Building Name 34th Street and Broadway
  • Address 47 West 34th Street
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 63,000
notes
The fashion retailer signed a 25-year lease for a new location at Herald Center.
  • Event Office Leasing
  • Building Name One Herald Center
  • Address 1239 Broadway
  • Neighborhood NoMad
  • Borough Manhattan
  • Square feet 160,000
  • Publication Date 07/01/2013
  • Event Date 05/22/2013
  • Party 1 JEMB Realty
  • Party 2 ASA College
notes
The school signed a long-term lease to expand to the fourth through seventh floors. The tenant is relocating from the building's first three floors, and is consolidating its classroom and administrative space from throughout Manhattan.
  • Event Office Leasing
  • Address 150 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 1,385
  • Price per foot $ 35.00
notes
The family medical practice signed a 10-year lease.
  • Event Office Leasing
  • Address 75 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 8,395
  • Price per foot $ 31.00
notes
The nonprofit signed a 10-year lease for its New York headquarters.
  • Event Office Leasing
  • Address 75 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 16,936
notes
The opera company signed a long-term lease to relocate to the building's 10th floor.
  • Event Office Leasing
  • Address 75 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 3,800
  • Publication Date 04/01/2012
  • Event Date 02/21/2012
  • Party 1 JEMB Realty
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Frank Cento
  • Party 2 CTC Americas
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Jonathan Fein
notes
The tenant signed a lease to expand and relocate from 80 Broad Street.
  • Event Office Leasing
  • Address 75 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 10,200
  • Publication Date 04/01/2012
  • Event Date 02/21/2012
  • Party 1 JEMB Realty
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Frank Cento
  • Party 2 Craig Michaels
  • Party 2 Brokerage Cogent Realty Advisors
  • Party 2 Broker Mitchell Waldman
notes
The producer of business events signed a lease to relocate from 15 Maiden Lane.
  • Event Office Leasing
  • Address 75 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 7,124
notes
The real estate listings company signed a lease to relocate from 50 Broad Street.
  • Event Office Leasing
  • Address 150 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 1,630
  • Price per foot $ 34.00
notes
The chiropractor inked a seven-year lease.
  • Event Office Leasing
  • Address 150 Broadway
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 708
  • Publication Date 09/01/2011
  • Event Date 07/23/2011
  • Party 1 JEMB Realty
  • Party 1 Brokerage Cushman & Wakefield
  • Party 2 L.G. Fairmont
  • Party 2 Brokerage Own Manhattan
  • Party 2 Broker Max Vizgalin
notes
The real estate firm signed a lease.
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Brooklyn, 11218
JEMB Realty, 72 CATON PLACE OWNER, L.L.C.
This property is a new development. The developer(s) filed plans in January of...
Manhattan, 10001
HERALD TOWERS
...
Brooklyn, 11201
JEMB ALBEE SQUARE, LLC
This property is a new development. The developer(s) filed plans in September of...

02/09/2018
  Clockwise from top: 414 Gerard Avenue, 2251 Nostrand Avenue and 30 East 29th Street. A mixed-use development coming to East New York from Arker Companies  Clockwise from top: 414 Gerard Avenue, 2251 Nostrand Avenue and 30 East 29th Street. A mixed-use development coming to East New York from Arker Companies...

02/01/2018
Some would-be sellers scrapped plans to sell altogether and instead tacked on fresh mortgages. Walton Street Capital and RXR Realty’s 237 Park Avenue and JEMB Realty’s 75 Broad Street, for example, could have each joined the year’s list of building sales, but instead received $850 million and $250 million refinancings...

12/29/2017
9) 420 Albee Square, Brooklyn What was initially slated to be Brooklyn's tallest residential tower is now expected to be a 36-story office tower. In September, JEMB Realty filed plans for a 385,457-square-foot office building at 420 Albee Square, which it's calling "One Willoughby Square." The developer initially proposed a 678-foot-tall tower for the site but then shrunk the project to 290 feet in March 2015...

08/18/2017
From top: Resorts World Casino and a rendering of 10 Jay Street July was a good month for horse racing fans, as the largest loan From top: Resorts World Casino and a rendering of 10 Jay Street July was a good month for horse racing fans, as the largest loan...

01/01/2014
While she declined to comment on the lease details, CBRE’s Susan Kurland, who represented landlord JEMB Realty, said the biggest obstacle to getting the deal done was the fact that some potential tenants had a psychological barrier about the location...
Brooklyn, 11218
JEMB Realty, 72 CATON PLACE OWNER, L.L.C.
This property is a new development. The developer(s) filed plans in January of...
Brooklyn, 11201
JEMB ALBEE SQUARE, LLC
This property is a new development. The developer(s) filed plans in September of...