STEPHEN JEMAL

Brooklyn. New York.

Founder of Nobody Beats The Wiz. President and CEO, JemRock Organization LLC.

Built in Brooklyn.

It began with a single storefront on Fulton Street in Brooklyn. Stephen S. Jemal built Nobody Beats The Wiz from that one shop into one of the most recognized retail brands in American history.

At its peak, the company operated 110 locations across six states — New York, New Jersey, Pennsylvania, Connecticut, Massachusetts, and Maryland — the defining consumer electronics chain of the Northeast.

The company grew the way New York businesses grow: block by block, borough by borough, on the strength of price, promise, and reputation.

The chain generated annual sales exceeding $2.5 billion, employed more than 6,000 people, and ranked #13 among America's most recognized retail brands. The slogan and the jingle became part of tri-state vernacular — an accent as familiar as the outer-borough voices delivering it.

In 1998, the company was sold to Cablevision. What remained was harder to sell: a template for how a Brooklyn entrepreneur builds a national retail institution and a brand that outlasts the storefront.

Stephen Jemal came out of that era with the instincts intact — how to move fast, price sharply, and build for the market that raised you.

The Wiz — At Peak

110
Stores
6,000
Employees
$2.5B
Annual Sales
#13
US Retail Brand

From New York to the World.

After building and selling one of the most recognized retail brands in American history, Stephen Jemal turned his attention to a problem on a different scale entirely.

JemRock Organization LLC, his New York-based real estate development and construction innovation company, is the vehicle. BUILT is the platform.

An AI-powered, robotic-driven manufacturing system anchored by a primary US factory, BUILT deploys robotics machinery to regional factories in target markets worldwide, producing code-compliant affordable housing at industrial speed.

The global housing deficit stands at 155 million units across 28 countries. 2.8 billion people lack adequate housing. 96,000 new homes are needed every single day. BUILT was designed specifically around those numbers.

On the World Stage

At the United Nations.

Stephen Jemal, presenting the case for BUILT to a global audience — the same argument that begins on American soil and answers a housing crisis that spans 28 countries.

United Nations — BUILT Presentation

Stephen S. Jemal, JemRock Organization LLC

The Crisis in Numbers

155M
Unit housing deficit across 28 countries
2.8B
People lacking adequate housing globally
96,000
New homes needed every day
240M
Projected deficit by 2030

The Crisis Starts Here.

New York Metro carries a 380,000 unit housing deficit. Los Angeles sits at 520,000. San Francisco Bay Area at 450,000. These are the cities Stephen Jemal knows.

BUILT was built by someone who understands what a supply and demand failure looks like at street level, and what it costs the people caught inside it.

380K
New York Metro — Units
520K
Los Angeles — Units
450K
San Francisco Bay Area — Units
210K
Miami — Units

Press

In the Record.

The New York Times
On the rise and sale of Nobody Beats The Wiz
Crain's New York Business
Profile of a New York retail dynasty
Newsday
Long Island's electronics giant
Bloomberg
The Cablevision acquisition, 1998
Forbes
JemRock and the housing deficit
The Real Deal
Inside JemRock's construction platform

Contact

Stephen S. Jemal

President and CEO

JemRock Organization LLC

ssj@jemrockorg.com