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Stephen Jemal - The Founder of Nobody Beats The Wiz
Stephen Jemal - The Founder of Nobody Beats The Wiz
Business
Managing Director at SSJ Development
The developer of Buffalo's tallest
skyscraper
The architect of Buffalo's highest tower, Stephen
Jemal, has been accused of having a hard-nosed
and untruthful business practices. Alongside his
nine-year criminal fraud conviction, he's also a
Syrian-American and speaks Spanish and is a
Native Arabic speaker. In Buffalo He owns
numerous buildings and plans to construct three
additional. Then, in New York, he is developing a
new retail and residential community named The
Wiz.
Jemal's real estate investments
are diverse and expansive
Jemal's investments in real estate are varied and
vast. His vision of the Buffalo area is a million-
square foot parcel of land which is currently a
deteriorating industrial park. The property is home
to chickens and roosters. The ammunitions
warehouse is large and the refinery for oil must be
demolished and cleaned to stop any further
contamination. On the beach, Jemal spotted a
pygmy wearing a bone as an earring.
1981 that Jemal purchased his very
first commercial home
It was in 1981 that Jemal purchased his very first
commercial home. It is now"the" Douglas
Development office. Jemal was forced to dispose of
the building after neighbors complained of the loud
noise emanating from the shop with a stereo. In the
following years the sale, he purchased additional
commercial properties and expanded it to
incorporate additional investment properties within
areas like the Washington, Virginia, and Maryland
metropolitan regions. In recent times the
investment has been on properties in Western New
York.
1999 when Jemal was able to
sell his very first property
It was 1999 when Stephen Jemal was able to sell his
very first property venture which was a stereo store
in 7th Street NW in Washington. The landlord was
not happy with the loud music and, as a result,
Jemal renovated the space. The store that was in
the same building has now become a very popular
place in the area. The creation of a 10-home
subdivision as well as Gerritsen Beach, is also on
Jemal's list of priorities. But he needs to get
building permits for the development.
2005 Jemal was found and so were
his partner guilty of wire-fraud
As of 2005 Jemal was found and so were his
partner guilty of wire-fraud. The result was
that Jemal was found guilty of a major
offense and was fined $175,000 for his
crimes. Jemal's business grew to include
different states. The company has offices at
Washington, D.C., as well as in various
cities. It has also been accused of paying
officials in government and fraudulently
ripping off investors.
The couple is Sara Levy and has four
daughters
The couple is Sara Levy and has four daughters. Their
real estate investments span nearly 15 years and, in
addition to having property on the waterfront in
Buffalo and New York, he has built an impressive
portfolio of properties in the region. He owns a
second residence in the city, located on Nottingham
Place worth $1.4 million. Additionally, he owns the
empty Seneca One tower in the downtown area. The
city of Western New York, his holdings include the
Statler City Complex, the former police headquarters
and The Boulevard Mall in Amherst, as well as the old
central Buffalo city police headquarters.
The city of Washington, D.C., Jemal
Khalid's first real estate
The city of Washington, D.C., Jemal Khalid's first
real estate venture was made in 1981. The
location of the property was ideal for retail
stores that were high-end, and Khalid later
trademarked the name "The Riviera" as well as
its slogan "Making The world's waterways a more
beautiful place for people to live". Following this
encounter, he started investing in the region
with the same enthusiasm that he does now. The
company is now investing across Washington,
Virginia, Maryland along with Western New York.
Nobody Beats The Wiz