ZD Jasper Realty
60 Cuttermill Road, Suite 405 Great Neck NY 11021
People:
ZD Jasper Realty NYC portfolio
$999.3 million -industrial 53%, development 16%, retail 9%; Queens 62%, Manhattan 37%*
268th largest portfolio by dollar value
289,964 sqft – industrial 42%, elevator 17%, mixed-use 15%; Queens 83%, Manhattan 16%
1283th largest by SF
30 properties – Queens 70%, Manhattan 30%
363th largest
655 residential units – Queens 50%, Manhattan 49%
533th largest by residential units
Company Activity past 24 months:
Buyer company: 9 for $114.5 million
Borrower company: 14 for $604.9 million
Lender company: 1 for $0
Developer (new building or major alteration): 5 for 559,077 square feet
Top Ten Associated Companies:
Ponce Bank (4), BridgeCity Capital (3), Pacific National Bank (3), Maxim Capital Group (3), First Citizens Bank (2), Maxim Credit Group (2), iCross Capital (2), Bank Hapoalim (2), Madison Realty Capital (1), Morgan Stanley (1)
Top Ten Associated People:
Louis Lebovits (3), Steven A. Tsavaris (2), Eric Chan (2), Yaroslav Portuhay (2), Brad Harris (1), Edward Dalton (1), Cynthia Eckes (1), Raymond Qiao (1), Ching Fang Liao (1), Paulo Garcia (1)
Recent activity as company:
• ZD Jasper Realty for Tom Wu filed plans for new building for 120,490 sqft in Astoria, Queens, on June 11, 2026.
• ZD Jasper Realty for Jasper Wu filed plans for new building for 57,670 sqft in Long Island City, Queens, on March 24, 2026.
• ZD Jasper Realty borrowed $11.9 million from Ponce Bank for None on January 28, 2026.
• Wilbee Corporation sold None for $17.7 million to ZD Jasper Realty on January 28, 2026.
• ZD Jasper Realty borrowed $42 million from Bank of China for 43-13 52 Street on December 29, 2025.
• Ernest Henick sold 45-40 Pearson Street for $2.3 million to ZD Jasper Realty on December 05, 2025.
• Ernest Henick sold 45-39 Davis Street for $21.8 million to ZD Jasper Realty on December 05, 2025.
• ZD Jasper Realty borrowed $15.7 million from Ponce Bank for 45-39 Davis Street on December 05, 2025.
• ZD Jasper Realty on December 03, 2025 bought a loan with an original principal of $1.3 million from Titan Capital ID, signed by David Saferstein, secured by 46-30 11 Street, when owned by Wael Reda.
• ZD Jasper Realty for Jasper Wu filed plans for new building for 113,702 sqft in Long Island City, Queens, on December 02, 2025.
Latest Stories:
• ZD Jasper files plans for 99 units in Astoria (June 19, 2026)
• ZD Jasper seeks zoning change to build 143 units in Sunnyside (May 06, 2026)
• Developer ZD Jasper Realty pays $17.7M for likely dev site in Astoria (February 02, 2026)
• ZD Jasper signs $42M refi for new 87-unit rental in Sunnyside (January 16, 2026)
• ZD Jasper Realty pays $2.3M for parcel in Long Island City (December 15, 2025)
• ZD Jasper Realty pays $12.75M for dev site in Long Island City (October 01, 2025)
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