Jona Rechnitz

Jona Rechnitz is the founder of JSR Capital, a private real estate development and management company. Prior to founding JSR, Rechnitz worked for Africa Israel Investments. Rechnitz was born in 1982 in Los Angeles and attended Yeshiva University in New York.

Jona Rechnitz Q&A

What is Jona Rechnitz known for?

Jona Rechnitz is known for founding JSR Capital, which operates as a real estate management company. However, Rechnitz is also known for his involvement with a federal probe into corruption in the NYPD and the de Blasio mayoral campaign. Rechnitz, along with his partner Jeremiah Reichberg, reportedly funneled money into the 2013 de Blasio campaign and bribed police commanders. Rechnitz pleaded guilty to charges of to providing financial and personal benefits and political contributions to public officials including law enforcement officials in exchange for official action in March of 2017.

Why is Jona Rechnitz important to the real estate industry?

Beyond the significance of his real estate group's holdings, Rechnitz is important as a figure in the corruption scandals that have rocked the real estate industry. Rechnitz became the star witness in the trial, which brought real estate's political influence into the spotlight.

Jona Rechnitz Top Stories

January 2, 2019—A jury found Jeremy Reichberg, pal of Bill de Blasio donor Jona Rechnitz, guilty of a scheme to bribe NYPD officials.

October 31, 2017—Jona Rechnitz testified on Monday that he pressured the mayor to oppose SL Green Realty's plans for its office tower, One Vanderbilt.

October 27, 2017—Jona Rechnitz testified he had a direct line to City Hall, including the personal cell phone of Mayor Bill de Blasio, who told him to "be in touch."

July 13, 2017—Jona Rechnitz, self-exiled to California as allegations pile up, has been booted from a Borough Park property that fell into default under his watch.

The Latest

The scheme saw Jeremy Reichberg provide New York Police Department officers with gifts in exchange for favors (Credit: iStock)

De Blasio donor with ties to JSR’s Jona Rechnitz gets 4 years in prison for NYPD corruption scheme

May 14, 2019 08:30AM

Four months after being found guilty in a corruption scheme involving several police officers and public officials, former Borough Park police liaison and de...

Donor tied up with de Blasio’s real estate pal Rechnitz sentenced in NYPD bribery scheme

January 02, 2019 06:30PM

The testimony of Jona Rechnitz, the real estate investor who used political donations to curry favor with Mayor Bill...

Jona Rechnitz says he pressured de Blasio to help friend in lawsuit against SL Green

October 31, 2017 12:20PM

Jona Rechnitz, the federal government’s star witness in its case against former corrections union boss Norman Seabrook, testified on...

Jona Rechnitz says he was given mayor’s cell, told to “always be in touch”

October 27, 2017 08:37AM

Jona Rechnitz — one of Mayor Bill de Blasio’s biggest donors — Told A Federal Court he had a direct line to City Hall...

Rechnitz hit with subpoenas for personal, biz records in federal corruption trial

by Rich Bockmann | October 16, 2017 02:43PM

Jona Rechnitz, the federal government’s star witness in its prosecution of the former Correction Officer’s Benevolent Association union boss,...

De Blasio rival accuses mayor of cozying up to developers

August 24, 2017 09:05AM

A former Brooklyn lawmaker who’s running against Bill de Blasio said the mayor “turned the city over to big...

Hasidic community allegedly held info on Stark kidnapping for hours

August 05, 2017 11:52AM

TRD WEEKEND EDITION

A email has emerged that adds a new piece to the puzzle surrounding the infamous 2014 abduction of Brooklyn...

“I’m all ears, Jona”: De Blasio told aides to help Rechnitz with real estate favors

August 04, 2017 05:55PM

Mayor Bill de Blasio on multiple occasions told his aides to step in on behalf of campaign contributor Jona...

Jona Rechnitz booted as partner on commercial property in Borough Park

by Rich Bockmann | July 13, 2017 08:00AM

JSR Capital’s Jona Rechnitz, self-exiled to his native California as allegations of political and business scams continue to spread,...

Jona Rechnitz has skipped town: report

July 10, 2017 02:05PM

Jona Rechnitz, the real estate player who is expected to testify for the federal government in a New York Police Department bribery probe, has reportedly left the city. Rechnitz, who founded JSR Capital, moved...

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