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, 2019A jury found Jeremy Reichberg, pal of Bill de Blasio donor Jona Rechnitz, guilty of a scheme to bribe NYPD officials.
October 31, 2017Jona Rechnitz testified on Monday that he pressured the mayor to oppose SL Green Realty's plans for its office tower, One Vanderbilt.
October 27, 2017Jona 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, 2017Jona 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

Jona Rechnitz booted as partner on commercial property in Borough Park

Jona Rechnitz booted as partner on commercial property in Borough Park

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

Jona Rechnitz booted as partner on commercial property in Borough Park
Jona Rechnitz has skipped town: report

Jona Rechnitz has skipped town: report

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...

Jona Rechnitz has skipped town: report
Jona Rechnitz facing foreclosure on Borough Park property

Jona Rechnitz facing foreclosure on Borough Park property

Jona Rechnitz, the key witness in the federal government’s probe of corruption at the New York Police Department, is...

Jona Rechnitz facing foreclosure on Borough Park property
Jona Rechnitz looks to sell Midtown dev site at 238 Madison

Jona Rechnitz looks to sell Midtown dev site at 238 Madison

Jona Rechnitz, the developer at the forefront of a probe into corruption at the New York Police Department, is...

Jona Rechnitz looks to sell Midtown dev site at 238 Madison
De Blasio gave top-level job to former NYPD official after receiving call from real estate investor: report

De Blasio gave top-level job to former NYPD official after receiving call from real estate investor: report

Mayor Bill de Blasio gave a retired police official a high-level position in his administration after a key donor called him and requested the...

De Blasio gave top-level job to former NYPD official after receiving call from real estate investor: report
Jona Rechnitz ruined marketing efforts at the Apthorp: report

Jona Rechnitz ruined marketing efforts at the Apthorp: report

The man at the center of a New York City Police Department corruption scandal reportedly sabotaged efforts to sell...

Jona Rechnitz ruined marketing efforts at the Apthorp: report
Rechnitz claims China Sonangol thought it bought MetLife Clocktower, not 23 Wall: report

Rechnitz claims China Sonangol thought it bought MetLife Clocktower, not 23 Wall: report

Chinese billionaire Sam Pa directed conglomerate China Sonangol to buy 23 Wall Street as a favor to Lev Leviev...

Rechnitz claims China Sonangol thought it bought MetLife Clocktower, not 23 Wall: report
Lincoln Tunnel lane shut down for Lev Leviev

Lincoln Tunnel lane shut down for Lev Leviev

Make way for the King of Diamonds, ye peasants of New Jersey. 

Lincoln Tunnel lane shut down for Lev Leviev
City withdraws $500K museum grant over Rechnitz connection

City withdraws $500K museum grant over Rechnitz connection

The City Council will cut grant funding to the Simon Wiesenthal Center’s Museum of Tolerance that was originally secured...

City withdraws $500K museum grant over Rechnitz connection
Rechnitz funnelled $255K in city money to Wiesenthal Center program: report

Rechnitz funnelled $255K in city money to Wiesenthal Center program: report

Revelations about the political wheelings and dealings of JSR Capital’s Jona Rechnitz, under federal investigation for corruption, continue.

Rechnitz funnelled $255K in city money to Wiesenthal Center program: report
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