Zar Property NY
People:
Zar Property NY portfolio
$187.5 million – office 81%, condo 16%; Manhattan 100%, Bronx 0%
308th largest portfolio by dollar value
627,207 sqft – office 80%, condo 13%;
494th largest by SF
15 properties – Manhattan 100%, Bronx 0%
142th largest
49 residential units – Manhattan 100%, Bronx 0%
749th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 2 for $54 million
Seller company: 0 for $0
Borrower company: 2 for $72 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Signature Bank (3), JPMorgan Chase (2), Safra National Bank (1), Norman Sheer (1), Sari Greenbaum (1), Steve Kerler (1), OceanFirst Bank (1), GFP Real Estate (1)
Top Ten Associated People:
Kenneth A. Stagnari (2), Stephan Mazzacca (1), Adam J. Cohen (1), Norman Sheer (1), Sari Greenbaum (1), Steve Kerler (1), Alice Alexiou (1)
Latest Stories:
• Zar Property signs $36M loan for recent purchases in Midtown West, Flatiron (December 16, 2024)
• Zar Property NY pays $27M to GFP for office in Midtown West (December 06, 2024)
• Zar Property NY pays $27M for office in Flatiron District (September 06, 2024)
• Zar Property NY signs $82M refi with Signature Bank for office in Midtown West (March 31, 2022)
• Zar Property NY refis $35M with Ocean First Bank for property in Soho (April 01, 2021)
Litigation: