Alan Jemal grew up in New York City, New York, and now works in commercial real estate through the family business: Jem Realty Management, Inc. Over the years, the family has acquired millions of square feet in commercial properties. Their team is always on the lookout for great deals and properties with great potential for local businesses. Alan is skilled in negotiation and has helped with the acquisition of many properties, as well as development projects with properties they already own.
In addition to working with commercial properties, Alan Jemal is a community-minded individual who loves to give back when he can. He is involved in philanthropic endeavors and is a member of the board at Fordham Road NYC. This nonprofit organization invests in developing and growing local businesses while fostering community connections and improving local areas. They organize community events and beautification projects and provide sanitation services for small businesses. Alan enjoys getting to be involved in these projects and supporting the growth of his local community.
One of the most significant properties Alan Jemal and his team have purchased is a seven-story office building in Harlem acquired for $22 million in 2014. This historic building was built in 1905 and houses the Alhambra Ballroom on the ground floor level. Previously, it was also the home of a bowling alley, Harlem Lanes, and Gospel Uptown, a soul food restaurant. Alhambra Ballroom was initially established as a vaudeville venue and hosted incredible musicians over the years, including jazz legend Billie Holliday and blues singer Bessie Smith. The ballroom is still available as an event space, and Alan and his team have since leased out other parts of the building to commercial tenants, including a second location for a French charter school.
Alan Jemal has learned a lot through his years in the business and is proud of the work he and his team have done for properties around New York City and surrounding areas. He loves getting to lease spaces to small businesses and supporting the local economy by providing great spaces for commercial tenants. Alan has gained an appreciation for architecture, finance, and construction and is always looking to learn more about those topics and apply them to his professional work.
Alan Jemal keeps busy with his personal interests when he isn’t busy negotiating his next deal or planning a new development project. He likes music, cars, electronics, and reading. He loves spending time investing in these interests and growing his knowledge.