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Meet Nexjen
About Us
Nexjen Real Estate, based in New York City, was founded by Jacob Entel. The company specializes in real estate development, acquisitions, and advisory, focusing on multi-family and industrial assets in the Northeast US. As of 2023, Nexjen’s portfolio consists of over 200,000 square feet of industrial real estate, with a $100M pipeline focused on ground-up multifamily development. Central to Nexjen's operations is its expertise in navigating land-use regulations and managing complex entitlements to unlock a property’s maximum potential.
Featured News Coverage
Check out our latest news.
River Journal | Developers Propose Zoning Changes to Bring New Housing to Croton-On-Hudson
1 HMB Property Owner, LLC, a partnership between Monday Properties, KPR Centers and Nexjen Real Estate, has filed a petition for amendments to the zoning code to allow for a transit-oriented residential development at 1 Half Moon Bay Drive in the Village of Croton-on-Hudson (the Village).
City Biz | Monday Properties Acquires 1 Half Moon Bay Drive
Monday Properties, a dynamic real estate investment firm and industry-leading developer, today announced its acquisition of 1 Half Moon Bay Drive in the village of Croton-On-Hudson in Westchester County, New York. In partnership with Nexjen Real Estate and KPR Centers, the deal marks Monday’s first industrial acquisition as it continues to diversify into various asset classes and expand within the Tri-State area.
JLL | Sale of 120,000 SF single-tenant warehouse in South Windsor, Connecticut closes
JLL Capital Markets announced today that it has closed the sale of 555 Nutmeg Road N, a 120,000-square-foot single-tenant warehouse with excess land in South Windsor, Connecticut.
JLL represented the seller, a private group of investors led by Jacob Entel of Nexjen Real Estate, in the sale to Snowball Developments LLC, a NYC-based private investor with a growing portfolio of nine light industrial properties in the Tri-State region.
JLL represented the seller, a private group of investors led by Jacob Entel of Nexjen Real Estate, in the sale to Snowball Developments LLC, a NYC-based private investor with a growing portfolio of nine light industrial properties in the Tri-State region.
Financial Times | Can Millennials save New York’s Midtown?
Agents are looking to younger renters to absorb some of the property glut
Astoria Post | Community Board 1 Approves Developer’s Plan for 11-Story Building Near 30th Avenue Train Station
A developer’s application to rezone a property near the 30th Avenue train station in order to build an 11-story, 104-unit apartment complex got the approval of Community Board 1 Tuesday night.
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LIC Journal | Astoria family business presents plan for 104-unit building
A fourth-generation, family-owned wholesale tire distributor in Astoria is hoping to repurpose its longtime headquarters into an 11-story, 104-unit mixed-use building.“As we move to future generations, we feel like this is the best fit for this property,” Entel said.
Bloomberg | NYC Holds Allure for 2020 Graduates With Dreams of Big-City Life
While others fled to ride out pandemic, young people moved in
Hustle and bustle still a draw, even in socially distant times
Hustle and bustle still a draw, even in socially distant times
Crains | Prospect Lefferts Gardens High-Rise Draws Tenants With Manhattan-Style Amenities
PLG, moreover, has an amenities package unique for the immediate vicinity. It includes two pools, a fitness center, a coworking lounge and concierge services.
Move-ins started in December, and leasing started a couple of months earlier. At least a few dozen apartments are spoken for, said Jacob Entel, director of residential properties for the Moinian Group, which developed the tower with Bushburg Properties.
Entel said the tower has drawn many tenants from Brooklyn. Some want to be near the SUNY Downstate Medical Center-Kings County Hospital, a few blocks to the northeast, he said, while others want to be near Prospect Park.
Move-ins started in December, and leasing started a couple of months earlier. At least a few dozen apartments are spoken for, said Jacob Entel, director of residential properties for the Moinian Group, which developed the tower with Bushburg Properties.
Entel said the tower has drawn many tenants from Brooklyn. Some want to be near the SUNY Downstate Medical Center-Kings County Hospital, a few blocks to the northeast, he said, while others want to be near Prospect Park.
Commercial Observer | The Moinian Group Sees Unexpected Rental Demand at an Unlikely Time
In the midst of the global covid-19 pandemic, residential rental turnover throughout the United States has hit its lowest levels in more than 20 years, with the country on lockdown.
New York Yimby | Rezoning Approved For 30-02 Newtown Avenue In Astoria, Queens
The New York City Council recently voted to approve rezoning as part of the Uniform Land Use Review Procedure (ULURP) process for 30-02 Newtown Avenue in Astoria, Queens. Originally zoned R7A, the property has since been up zoned to R8A with a 7.2 floor area ratio.
Real Estate Weekly | Moinian has long-term plans for Oskar rental tower
Oskar’s 183,000 s/f features studios, one- and two-bedroom apartments with features like private terraces, heated bathroom floors and floor-to-ceiling windows. Moinian launched leasing for Oskar in April with Bold New York leading the effort.
Commercial Observer | Fitness Centers Go Bigger to Meet Desires of All Ages
While slimming down is the goal, the bigger-is-better trope seems to be applicable, too—to fitness centers.
BISNOW | After Years Of Brooklyn Apartment Oversupply, Construction Is Down And Rents Are Up
The Brooklyn rental market, which has seen a record influx of new rentals in recent years, is starting to stabilize.
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