Jona Rechnitz – NYC Property Owner Tied to Alleged Police Corruption

R-L: Jona Rechnitz, Philip Banks, III Chief of Dept. NYPD, Chaplain Jeremy Reichbergrechnitz

Jona Rechnitz and JSR Capital LLC

LostMessiah, April 5, 2016

Jona Reschnitz is known in former news articles, primarily from 2013 for his JSR Capital LLC. JSR is a Manhattan-based real estate firm he heads, which in 2013 acquired  238 Madison Avenue, between 37th and 38th streets for the purpose of building what, at the time, was to be new condominiums or a hotel. The Seller of the site was Nissan Perla, an international diamond magnate. The JSR website gives very little information about its principals, except that it was founded in 2010. The website also only gives basic information regarding JSR’s business endeavors. The last update of that site was in 2013.

In November of 2013, it was reported that Jona Rechnitz of JSR Capital LLC was one of the members of Mayor Bill de Blasio’s Inaugural Committee. Included in that article were not only some notable actors and actresses, a number of law firms but also  a number of questionable figures in the Jewish and ultra-Orthodox community, including Jona Rechnitz, allegedly connected to the below-referenced investigation. In addition to Jona Rechnitz, the other person mentioned below, Jeremy Reichberg was also a member of the Inaugural Committee.

In 2014, it was reported that Jona Rechnitz won $25,000 on a $500 bet prediction that the first scoring play of the 2014 Super Bowl game would be a Seattle safety. At the time, the money was to be given to the Simon Wiesenthal Center as a donation. According to an article in TMZ Sports, Rechnitz’s win in 2014 was his second in 2 weeks.

In 2014, it was reported in the Forward the Rechnitz won $15,000 for wagering that the Seattle Seakhaws would score the first points on a safety. The bet placed was for $300.00. In that article, it was mentioned that he might have placed a second bet and that they were not sure what he was going to do with the $15,000.00

In 2012, it was reported that Rechnitz won when he “hit the JACKPOT…, betting $1,000 on the Giants to score the first points in the big game with a safety. The odds were 50 to 1. There again, he apparently donated the money to  charity. 

On April 5, 2015, it was reported in multiple reports that Reschnitz is being tied  to an alleged gifts for favors scheme. It should be noted Jeremy Reichberg also listed as a member of the Inaugural Committee for Mayor de Blasio in 2013, is also tied to the below investigation.

from the New York Post, April 5, 2016

FBI investigating alleged NYPD ‘gifts-for-favors’ scheme

The FBI is investigating suspected NYPD corruption focusing on the relationship between two politically connected businessmen and a slew of officers throughout the ranks, multiple sources told The Post on Monday.

The feds are grilling about 20 cops — including three deputy chiefs and the head of the Upper East Side’s 19th Precinct — over gifts and foreign trips that the businessmen may have doled out to them in exchange for favors, law-enforcement sources said.

A grand jury also has been convened, sources said.

The investigation began with an unrelated deal-gone-awry involving the two businessmen — Mayor de Blasio buddies Jona Rechnitz and Jeremy Reichberg, well-placed sources said.

They gave a large sum of money to a third party who was supposed to buy discounted liquor for them to sell at a profit, but investors lost their money and the feds opened a fraud probe, sources said.

Wiretaps on the two businessmen’s phones revealed relationships with several NYPD cops — and the probe soon led the feds to then-NYPD Chief of Department Philip Banks and his close pal, Corrections union president Norman Seabrook, sources said.

Reichberg, who lives in Borough Park, is a police buff known for his NYPD connections, while Rechnitz is a deep-pocketed de Blasio donor from the Upper West Side, sources said.

The businessmen became close friends with Banks and Seabrook, with the foursome traveling together to the Caribbean and to Israel in 2014.

Rechnitz picked up both men’s tab for the Caribbean jaunt, sources said. He also paid Seabrook’s airfare and hotel bills in Israel, while Banks paid for the flight but allowed Rechnitz to pick up his lodging tab, sources said.

Although he was on his personal time, Banks wore his NYPD uniform during a visit to the Western Wall in Jerusalem, and when he returned to New York, shared what he had learned with authorities here, sources said.

As a thank-you gift for all Rechnitz had done, Banks and Seabrook bought him a pricey backgammon set made of ancient wood.

“[We] spent $5,000 on the backgammon set — custom-made from Israel — so that nobody could say they bought me the [plane] ticket,’’ Seabrook told The Post Monday.

“There is no quid pro quo. There’s nothing [the FBI] could say Norman did wrong,’’ he added, referring to himself.

Banks could not be reached for comment.

Rechnitz also paid for at least part of other cops’ trips to places such as London, Rome, Las Vegas and the Caribbean, sources said.

Several sources said those being questioned as part of the probe include Deputy Inspector James Grant, head of the Upper East Side’s 19th Precinct; Brooklyn South Deputy Chief Eric Rodriguez; and Deputy Housing Chief Michael Harrington. Harrington worked for Banks before the chief of department retired.

“Most of the bosses questioned are not targets,’’ a law-enforcement source claimed.

Captains Endowment Association President Roy Richter said, “A number of my members have been interviewed by federal investigators. All of them fully cooperated and were told they were not the targets or subject of the investigation.’’

One of the officers who has already testified before the grand jury is veteran NYPD Community Affairs Officer Michael Milici, sources said. The detective pleaded the Fifth and was placed on modified duty, sources said.

For the remainder of the article click, here.

Read More:

The Real Deal, Rechnitz’s JSR Capital plans Madison Avenue tower, from May 14, 2013

The Observer, Bill de Blasio Rolls Out Inauguration Team, from November 30, 2013

TMZ Sports, SUPER BOWL FAN WINS $25K OVER BIG BET For the Second Time, from May 3, 2014

The Real Deal, NYC property investor wins Super Bowl bet — again, from February 4, 2014

The Forward, Jewish Fan Jona Rechnitz Wins $15K on Super Bowl ‘Safety’ Bet, February 3, 2014

55 thoughts on “Jona Rechnitz – NYC Property Owner Tied to Alleged Police Corruption

  1. Jona is the lowest of the lowest on the upper west side he thinks by bringing alcohol to shul every shabbos so people will think differently about him he had cop calling people who ever was in his way he really should be out of entirely of the whole Jewish community

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  2. Such wonderful examples of Jewish honesty and ethics. To be honest I would take 100 Rubashkins over these pieces of garbage whose arrogance knows no limits.

    “Allure applied to the state Department of Health to convert the home from one that cared for AIDS patients to a geriatric facility. Based on the materials submitted by the owner in connection with its conversion application, the department had every expectation that utilization would increase and the facility would continue to operate.”

    “Jona Rechnitz, who sources said was “always bragging” about his political connection”

    “Jeremy Reich­berg, is another well-known Borough Park leader who would “brag about his relationship with the NYPD — and about his personal relationship with the mayor,’’

    “Bobov powerbroker Rabbi Yitzchok Fleischer bragged that de Blasio “owes me everything. Without me he wouldn’t be anyplace,”

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  3. The unverified shit you trolls get away with saying. Rechnitz can go after you for defamation and libel but it’d be a worthless win because the ones that talk shit about him on this site do so out of envy because they don’t have a pot to piss in.

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    • What exactly is a “powerhouse”? Is that the same as a fraudulent crook?

      “The suspected corruption surfaced during a separate financial investigation into Mayor Bill de Blasio cronies Jona Rechnitz, an Upper West Side real estate powerhouse, and Jeremy Reichberg, a prominent figure in Borough Park, Brooklyn, the sources said.”

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    • Neither will Rechnitz if HE is arrested for fraud and theft…People who try to shut down other opinions do so for a reason… it was no coincidence that FM was bought out a few months ago.

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    • @ one of the Anonymous posters: re: “unverified shit.” The defense to defamation and libel is truth. Rechnitz would not dare or he’d be subject to discovery. He would need to prove the lies. This is not rocket science. He wants to hide fundamental truths or he would have gone after the dozens of newspapers who are printing this information and the dozens of journalists who investigate. We should only be so lucky…

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  4. @Anonymous How do you know he made his own Wiki page? And get this straight! For every one public donation you see, there are ten donations that are not made public. He publicizes when he believes it will spur others to give. This site is filled with commenters that pull assumptions out of their asses.

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    • Please…@Get a life already!!…you are an idiot. Are you really suggesting that someone else just felt the need and urge to write suck claptrap about Rechnitz? You are a troll’s troll and anyone with a modicum of common sense can see that Rechnitz is pre-occupied will self glorification and publicity. EVERYTHING he does is publicized ten times over because it fuels his ego and his huge need for attention. I suppose the Larry King interview was done as a news piece as well, huh?

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      • He wrote every word of that Wikipedia page. It has his signature all over it and anyone with any humility would never have allowed it go up in the first place. And he posed for the picture as well.

        Liked by 1 person

      • If you check the history of the Wikipedia page, the SY’s entry originates from an account that was subsequently banned because of sock puppetry and posting corporate PR.

        Liked by 1 person

    • For those who want to know about the greatness of the man known as Shlomo Yehuda Rechnitz…he is oh so humble and modest…

      “Philanthropist and businessman Shlomo Rechnitz was interviewed in a “Profiles in Philanthropy” special by Larry King. ”

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      • BOOKMARK THIS POST

        4:05

        King: Do you measure [success] in dollars? It’s how you keep score in America.

        Rechnitz: As long as you’re doing it honestly and with integrity. I guess the only other gauge is dollars as well, you know, a person always has to establish themselves as an honest person, especially in our religion, we want to sanctify G-d’s name in all our dealings.

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      • DSM-5 criteria for narcissistic personality disorder include these features:

        Having an exaggerated sense of self-importance
        Expecting to be recognized as superior even without achievements that warrant it
        Exaggerating your achievements and talents
        Being preoccupied with fantasies about success, power, brilliance, beauty or the perfect mate
        Believing that you are superior and can only be understood by or associate with equally special people
        Requiring constant admiration
        Having a sense of entitlement
        Expecting special favors and unquestioning compliance with your expectations
        Taking advantage of others to get what you want
        Having an inability or unwillingness to recognize the needs and feelings of others
        Being envious of others and believing others envy you
        Behaving in an arrogant or haughty manner

        Liked by 1 person

  5. @lostmessiah. Agreed on the C word. His home address is public information. He lives in West Hollywood. He has Bless God, six children and three bedrooms. It’s all available online. Please also read the leftist Jewish Journal article online where they note that the line around his block can go around two times as he opens his door to the masses who don’t have the means to support themselves. And Mr. Keep Digging can feel free to access his 990’s and note the charity he gives and to whom? How much does the NAACP launder with him? How about Cedars Sinai Medical Center? And the Wounded Warriors and the United Way. Or the City of Long Beach, NY where he donated one million dollars for hurricane sandy relief. How much do they launder for him? I can go on and on.
    BOTTOM LINE: This is not the guy to spend your time going after. You will never win when fighting good. Good will always prevail! There are many crooks out there. Try focusing your time on the real ones and Bless God everyday that there are people like Shlomo who live amongst us.

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    • Please… just read his Wikipedia page – I mean, first, who writes their own Wikipedia page unless they are a megalomaniac. Second, he NEVER makes these donations without publicizing it, usually in third person by hired hacks with a special emphasis on how humble he is. My God have you watched the “interview” with Larry King r the description of his daughter’s wedding? He is certainly entitled to spend his money as he wants, but don’t try and sell his righteousness here because nobody’s buying it. He, like most rich people, is in it for the fame and the power hobnobbing with the likes of Elton John on night and giving a speech at the Mir the next.Total hypocrite and attention seeker.

      Liked by 1 person

  6. @keepdigging. Where exactly did Shlomo brag about bribing police officers? Pleased present us his 990’s to show us what you refer to? What does Preet have to do with Shlomo? The Post story was about Jona Rechnitz. You want to blame his cousin’s possible actions on him? Do your cousin’s get blamed for the lowlife you are? Get your facts straight before you start trolling. It’s a requirement on this site.

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    • Rumor has it that SY’s money is in JSR Capital and he is pulling the strings which is why the phones were tapped. They were going after SY.

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  7. @lostmessiah. First, are you trying to imply that anyone who gives charity is a crook? It has almost become accusatory on these blogs if one gives charity. How screwed up is that? And I didn’t say he gives charity, I said he gives MOST of his earnings to charity. Again, he doesn’t live up on high and ALSO gives charity. He lives in a normal home and drives a normal car. And he doesn’t give it for name recognition either. Most of the funds he disperses will never be known. But you can call the grocery stores and the funeral homes and they know! In addition, please share your proof that he purchased FailedMessiah? Are you just going on the words of other trolls who made that claim? Although if he did, that would have been considered charity as well. No family with ten children, the last being autistic, should be subject to the daily shit that was sprung on them by FailedMessiah. Rubashkin didn’t deserve to be castigated and thrown to the dogs every single day! His children would see that. IS THAT NOT CHILD ABUSES? As far as the nursing homes, most of the properties he purchases are distressed and he builds them back up. This is his business model. The FBI and claims etc that are associated to him were usually brought in by the previous owners. The state of California uses him when they need a distressed facility taken over immediately. That’s how he’s received many of his facilities. Don’t believe everything you read, especially if it’s from some c*** at the Sacramento Bee trying to win a Pulitzer Prize.

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    • @Getalifealready: We did not say anything about him purchasing FailedMessiah. That came from commenters. It was speculated that SY purchased FM. As to charity… no. We are saying that simply because one gives to charity does not mean that he cannot be a fraudster. We are saying that fraudsters are also charitable. We’ve posted news articles. You want to send over pictures of his cars and his home, we will post that too. As for the c-word, that is getting pulled from the site as one of the words that really should not be on these pages. As for Rubashkin, his kids would not see any of it because they are not permitted on the internet, so please, that is simply nonsense. Are you suggesting that this was the reason for the purchase… you. don’t. say… As for child abuse, there are enough examples on these pages and on those of LostMessiah to make one wonder how there could be a G-d and these abuses in the same world… for another discussion. We are editing out that word, sorry.

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  8. Thank you so much. I depended on Failed Messiah for the real facts covered up by the main stream media. Thank you for continuing that work. Let’s hope the FBI and Preet tear the lid off the corruption that has run NYC and surrounding areas for decades.

    Liked by 1 person

  9. And before I forget, Sherlock dumbshit Holmes made a reference to Michael Bernstein, owner of the Cask in LA. Michael and Jona went to the same elementary school and were two grades apart. The Cask is a small hole in the wall that can’t be more than 500sq feet in size. I highly doubt the FBI would be putting any resources into three cases of discounted Muscati!
    Anybody else have any genius conspiracies they’d like to share?

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    • @Getalifealready, It’s not the Muscat (not Muscati) that would be the interesting play on cheap liquor and embezzling/laundering money. One would look to a bottle of Louis XIV in the Baccarat Crystal decanter to see just how much effort the FBI would need to put into a liquor store. Now genius, might be time to stop throwing stones…

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  10. You people are such losers. Every one of you. Shlomo Rechnitz and Jona Rechnitz are cousins. Jacob Rechnitz is the father of Shlomo who used to own a small toy close out shop. That’s where it begins and ends. Shlomo Rechnitz is the world renowned philanthropist who gives donations to organizations big and small and non sectarian, as well as to thousands of individuals a week. He is everything you people are not. Successful and gives most of his profits to those in need. He gives more to non Jewish causes like the NAACP, AARP and medical research, than he gives to Jewish causes. Millions have been the benefactors of his largesse. He lives in a simple home and drives a simple car. He does not go on vacations or spend money on expensive hobbies. He gives it all to the people. Estimates have his annual charity giving at $100,000.000+. That type of money doesn’t come from buying some discounted Schnapps. His only connection to law enforcement is his foundation that gives $10,000.00 to the families of every fallen officer in the U.S. (Google it) In conclusion, every one of you pissers can count on financial help from Shlomo if you fall on hard times. Many of you probably have. I know for a fact that the illustrious author “DH” on these pages has benefitted from him on numerous occasions. And yes, when you own over 100 nursing homes and are the biggest LTC provider in the State, you will always get unfair treatment from newspapers and other sources looking to make money off his name. You should all remember that if any of you open up a lemonade stand on your street corner.

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    • Lol! No, but I desperately need my mortgage paid off. When you completely lie you lose your credibilty and audience.

      If he won’t pay off my mortgage, I promise to let everyone know if he, at least, will pay the property taxes. Due the 11th.

      Liked by 1 person

    • Uh, yeah… Shlomo Yehuda’s just phenomenal in everything he does…

      In an ongoing probe of California’s largest owner of nursing homes, the Federal Bureau of Investigation (FBI) agents raided the Alta Vista Healthcare & Wellness Centre in Riverside last week.

      FBI spokesperson Laura Eimiller told the Sacramento Bee the feds were “seeking evidence in relation to alleged criminal activity” at the 99-bed facility. No one was arrested and “patients were not removed or even disturbed,” but the FBI did take some documents. The Bee ran a series of stories last year on the center’s owner, Shlomo Rechnitz of Los Angeles, cataloguing a litany of negligence and abuse at other facilities operated by his Brius Healthcare Services.

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    • @Getalifealready… The best way to purify one’s conscience is to give money away to charities. It is criminal justification 101 in the Bernie Madoff school for stealing billions and NOT getting caught. Madoff gave tons of money to charities, as did many others. FailedMessiah had articles about Rabbinical edict and whether charity purified the money. http://failedmessiah.typepad.com/failed_messiahcom/2013/12/dont-take-donations-from-known-criminals-most-of-the-time-rabbis-say-345.html
      In fact, child molesters and others are considered fresh meat for criminals, even those on death row, kind of like an honor amongst thieves type of thing. To claim that someone cannot be guilty of theft and fraud because he gives to charity is almost laughable. At least those you mention have the decency to give to charity…. Just another perspective.

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    • Hey look, it’s Shlomo! Who else would be so STUPID to brag about how generous his BRIBERY of police officers is?

      Who else would brag about how he’s pulled the wool over the eyes of the IRS. Please Shlomo, tell us how poor you are, like none of us can dig into your foundation’s 990’s and show how you use them to dodge capital gains taxes!

      Come on Shlomo, tell us how you put so much money into the coffers of New York Chabad institutions –all the better to launder the wealth you drained out of Medicare in California!

      (Of course, you fucking idiot, by laundering money across state lines *you do know* that you’re no longer just looking at having your toys taken away by the California Attorney General, right? Now you’re going to have Preet Bharara filing so many subpoenas it will make your head spin!)

      SIgh. You fucking moron Shlomo, America gives you a Fifth Amendment right to shut your ugly mouth, and yet you keep it open long enough to stuff your big fat foot in it!

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    • @getalifealready you want us to publish all of the virtues of SY Rez we will do so. Beyond the very public charity, which by the way, includes payoffs and shtooping gifts to public officials, we will gladly publish. But, beyond WIKI, there are too any articles and too much information stacked against him. His nursing home abuses amongst them. You want to plead his case, don’t throw, “do your research ” at us. Madoffs accusers took 11 years to get people to listen. This may take as long but we are not refusing the evidence stacked against him unless someone can prove unequivocally otherwise. Don’t forget, Warren Jeff and Scientology s have their diehard defenders too.

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      • There is no question that when this FBI probe is done SY will be involved. It just makes too much sense now as to why he shut down and shut up FM at precisely the time this was going on.

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  11. And they don’t wiretap phones on ordinary crimes. We have to be talking about millions of losses here with this liquor scam for the FBI to get involved. SY Rechnitz definitely knew about this and may be involved himself. Perfect reason to shut down FM though he had no idea LM would come to the rescue.

    Liked by 2 people

  12. OK boys and girls…

    IS THIS THE SCANDAL THAT SY RECHNITZ WAS TYING TO BURY BY BUYING OFF FM?
    IS THIS THE STORY HE WAS HOPING NOBODY INTHE FRUM COMMUNITY FOUND OUT ABOUT?

    Forget about the police scandal…you’re missing the much bigger story here about the liquor deal gone bad? Who is the “third party” and who are the “investors” who lost their money? Remember that the FBI was tapping Rechnitz’s phone for that fraud when it found out about the police payoffs.

    Like

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