252 West 54 Street

Owner: Zar Property Ny

Debt: July 15, 2025, $77.2 million

Built: 1911

Renovated: 2018

SF: 134,441

Dwelling units: 0

No. of buildings: 1

Class: Office with Comm — 7 to 19 stories (O6)

Floors: 12

Transactions:

• Zar Property NY borrowed $77.2 million from Safra National Bank and Berliner & Pilson registered for 244 West 54th Street, Midtown West, Manhattan on July 15, 2025.

• Zar Property NY borrowed $82 million from Signature Bank for 244 West 54th Street, Midtown West, Manhattan on March 30, 2022.

Development:

• Simon Zar filed plans for alteration in Midtown West, Manhattan, on October 27, 2025.

• Simon Zar filed plans for alteration in Midtown West, Manhattan, on October 06, 2025.

• Simon Zar filed plans for alteration in Midtown West, Manhattan, on September 16, 2025.

• Simon Zar filed plans for alteration in Midtown West, Manhattan, on June 08, 2025.

• Simon Zar filed plans for alteration in Midtown West, Manhattan, on March 28, 2025.

Violations:

According to city public data, the properties have received $17,100 in OATH penalties in the last year.

Latest Stories:

• Zar Property NY signs $77.2M refi, lenders are Safra National Bank, private lender, for office in Midtown West (July 16, 2025)

• Zar Property NY signs $82M refi with Signature Bank for office in Midtown West (March 31, 2022)