Babak Zar
(Bobby Zar)
ZG Capital Partners
ZG Capital Partners NYC portfolio
$519.4 million -office 87%, retail 9%, walkup 2%; Manhattan 99%*
434th largest portfolio by dollar value
602,981 sqft – office 82%, retail 11%, elevator 3%; Manhattan 100%
752th largest by SF
7 properties – Manhattan 100%
1453th largest
14 residential units – Manhattan 100%
4334th largest by residential units
Notes
Bobby Zar also leads the Zar Group.
Person Activity past 24 months:
Borrower signatory: 3 for $48.9 million
Top Ten Associated Companies:
JPMorgan Chase (3), Goldman Sachs (2), Ladder Capital (1), ACRES Capital (1), Bank of Montreal (1), Hyde Park Antiques (1)
Top Ten Associated People:
Dave Christie (1), Andrea H. Chermayeff (1), Josh Clary (1), Jaclyn Jesperger (1), Bernard Karr (1)
Recent activity as signatory:
• ZG Capital Partners borrowed $13 million from JPMorgan Chase for 827 Broadway and 831 Broadway, Greenwich Village, Manhattan on June 30, 2026.
• ZG Capital Partners borrowed $7 million from JPMorgan Chase for 680 Broadway on January 21, 2026.
• ZG Capital Partners borrowed $28.9 million from JPMorgan Chase for 838 Broadway on November 25, 2024.
• ZG Capital Partners and Rialto Capital Management borrowed $120 million from ACRES Capital for 49 East 53 Street on July 15, 2022.
• Zar Group borrowed $71 million from Goldman Sachs for 230 East 134 Street on March 25, 2022.
• Zar Group borrowed $37.5 million from Ladder Capital for 838 Broadway on December 08, 2021.
• Hyde Park Antiques sold 838 Broadway for $39.2 million to ZG Capital Partners on December 08, 2021.
• ZG Capital Partners borrowed $215 million from Bank of Montreal for 1450 Broadway on August 25, 2021.
• ZG Capital Partners borrowed $6.5 million from Goldman Sachs for 654 Broadway on May 19, 2021.
Latest Stories:
• ZG Capital Partners pays $10.9M to Campari owner for mixed-use in NoHo (February 04, 2026)
• Bobby Zar’s ZG Capital signs $28.9M refi for retail in Greenwich Village (December 12, 2024)
• Billionaire Garavoglia family borrows $34M against six Manhattan properties (July 19, 2024)
• ZG Capital pays $39.2M for office building in Greenwich Village (January 03, 2022)