
Jeffrey Gural is a successful American businessman known for his leadership in real estate and horse racing. He has spent decades building his wealth through smart investments and strategic business decisions. In addition to business, Gural actively supports several charitable organizations. His work in both industries has made him an influential figure in property development and entertainment.
| Biographical Detail | Information |
|---|---|
| Full Name | Jeffrey Robert Gural |
| Birth Date | July 6, 1942 |
| Nationality | American |
| Education | B.S. in Civil Engineering, Rensselaer Polytechnic Institute |
| Parents | Father: Aaron Gural Mother: Harriet Feil |
| Siblings | Jane Gural Senders; Barbara Gural |
| Spouse | Paula Gural |
| Children | Three children, including Eric Michael Gural |
| Raised In | Woodmere, New York |
| Residence | Manhattan, New York City |
As of 2025, Jeffrey Gural’s net worth ranges between $320-360 million, according to various industry estimates. His estimated net worth of $320 million in 2024 positions him among the upper echelon of real estate moguls and horse racing executives today. This impressive financial standing results from a career spanning over five decades. His monetary assets primarily come from real estate investments and ownership of major racetracks.
Gural’s achievements position him alongside other prominent real estate magnates and business leaders. His ability to adapt to economic shifts has helped him maintain a strong economic status over the years.
Jeffrey Gural’s most significant accomplishment involves his leadership of GFP Real Estate LLC, formerly known as Newmark Holdings. GFP Real Estate LLC has an ownership interest in more than 50 properties, representing over 13 million square feet of commercial real estate across New York City.
GFP Real Estate — headed by Jeffrey Gural, his son Eric Gural, and his nephew Brian Steinwurtzel — inked more than 1 million square feet in the past year and now has its portfolio sitting at nearly 100 percent leased. This strong property portfolio performance demonstrates Gural’s continued success in the commercial real estate market.
Gural’s strategy focuses on acquiring and developing high-value commercial properties, ensuring continued growth in his real estate holdings. To adapt to market changes, he has led office-to-residential conversion projects, reflecting his commitment to innovation and responding to shifting property demand.
Beyond real estate, Jeffrey Gural operates multiple entertainment business ventures through his investments in horse racing and gaming facilities. Mr. Gural is also Managing Partner of New Meadowlands Racetrack LLC, which is the current lessee and operator of the New Meadowlands Racetrack. The Meadowlands recently opened a new $120 Million grandstand which is a state of the art new facility.
He also owns Tioga Downs and Vernon Downs in New York. These racetracks contribute significantly to his total assets by attracting visitors for both horse racing events and casino gaming. This diversification has helped Gural maintain financial stability despite fluctuations in the real estate market.
Jeffrey Gural’s recent business moves demonstrate his ability to stay ahead of market trends. Earlier this year, TPG Real Estate purchased 222 Broadway for $150 million with GFP’s Jeff Gural… Now, GFP Real Estate and TPG Real Estate have submitted plans for a major office-to-residential conversion
Our largest expense by far is replacing tenants and preparing spaces for new ones. These days, it can cost $100 per square foot or more. Despite rising costs, Gural’s strategic investments highlight his focus on long-term growth and market adaptability.
Jeffrey Gural was appointed to chair the Public Buildings Reform Board, an agency dedicated to shrinking government spending by reducing the amount of property owned or leased by the federal government. This role adds another dimension to his professional accomplishments beyond his private sector success.
Jeffrey Gural dedicates significant resources to giving back through the Jeffrey and Paula Gural Foundation, which he established with his wife. Gural serves as president of the enCourage Kids Foundation and leads the “I Have a Dream” Foundation – NY.
These organizations focus on supporting children, education, and community development. His philanthropic activities create lasting positive impacts in communities where he operates, though they represent a financial outflow from his overall capital accumulation.
The New York City real estate market faces challenges, including rising interest rates and shifting work patterns. However, Jeffrey Gural’s diversified portfolio and adaptation strategies help maintain his strong economic position.
His investment in office-to-residential conversions aligns with current market needs. By anticipating trends and acting early, Gural positions his business for continued success despite market volatility.
Jeffrey Gural’s journey offers valuable insights for aspiring entrepreneurs. His success stems from strategic diversification, innovation, and social responsibility. By investing in both real estate and entertainment, he built a resilient financial foundation.
Gural’s emphasis on community involvement demonstrates the importance of balancing business success with philanthropy. His story inspires others looking to make positive impacts through their careers while building substantial personal wealth.
Gural’s primary wealth comes from real estate investments and racetrack ownership.
Yes, his net worth has increased through strategic investments and diversification.
While philanthropy may reduce liquid assets, it enhances reputation and strengthens community ties, indirectly benefiting his business.
Interest rates and demand for residential conversions significantly affect Gural’s financial performance.
Jeffrey Gural’s net worth of approximately $320-360 million in 2025 reflects his success in real estate and horse racing. His ability to adapt to market changes, invest strategically, and support his community has made him a respected leader across multiple industries. As Gural continues expanding his business ventures, his legacy as a real estate and entertainment mogul remains strong.
For further insights into other influential figures, explore profiles like Morris Bart’s net worth and Johnny Mathis’ net worth.







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