Jemal brothers still bickering over real estate portfolio

January 22, 2026 / no comments

A long-simmering family feud over a sprawling New York real estate portfolio has flared up again. Steve Jemal filed a new lawsuit this week in Manhattan Supreme Court accusing his brother, Alan Jemal, and their mother Ruth of siphoning money from a network of jointly owned real estate companies, cutting him out of management decisions and using the businesses as “personal piggy banks.” The suit targets ten limited liability companies that own properties across the city, from Harlem to Brooklyn and the Bronx. Together, the entities hold a portfolio that has been controlled for years by members of the Jemal […]

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