Dario Zar

(Esshagh D. Zar, Esshagh Dario Zar, Essagh Zar)

President

Zar Property NY

Owner

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Zar Property NY NYC portfolio

$413.8 million -office 81%, condo 16%, walkup 1%; Manhattan 99%*

532th largest portfolio by dollar value

627,207 sqft – office 80%, condo 13%, walkup 5%; Manhattan 100%

706th largest by SF

12 properties – Manhattan 100%

846th largest

49 residential units – Manhattan 100%

2647th largest by residential units

0 foreclosures, 0 bankruptcies, 1 other court case.

Person Activity past 24 months:

Buyer signatory: 3 for $69.2 million

Borrower signatory: 4 for $151.9 million

Top Ten Associated Companies:

Safra National Bank (3), Berliner & Pilson registered (2), Amalgamated Bank (1), Brodsky Organization (1), GFP Real Estate (1), Norman Sheer (1), Sari Greenbaum (1), Steve Kerler (1), JPMorgan Chase (1), Signature Bank (1)

Top Ten Associated People:

Stephan Mazzacca (1), Adam J. Cohen (1), J. Dean Amro (1), Alice Alexiou (1), Norman Sheer (1), Sari Greenbaum (1), Steve Kerler (1), Kenneth A. Stagnari (1)

Recent activity as signatory:

• Zar Property NY borrowed $77.2 million from Safra National Bank and Berliner & Pilson registered for 252 West 54 Street on June 13, 2025.

• Zar Property NY borrowed $28.7 million from Safra National Bank and Berliner & Pilson registered for 349 5 Avenue on June 13, 2025.

• GFP Real Estate sold 121 West 57 Street for $27 million to Zar Property NY on November 25, 2024.

• Zar Property NY borrowed $36 million from JPMorgan Chase for 121 West 57 Street on November 25, 2024.

• Norman Sheer, Sari Greenbaum and Steve Kerler sold 41 East 18 Street for $27 million to Zar Property NY on August 29, 2024.

• Zar Property NY and HPNY borrowed $10 million from Amalgamated Bank for 30 West 61st Street, Lincoln Square, Manhattan on June 27, 2024.

• Brodsky Organization sold 30 West 61st Street, Lincoln Square, Manhattan for $15.2 million to Zar Property NY and HPNY on February 15, 2024.

• Zar Property NY borrowed $100 million from Safra National Bank for 42 Greene Street on May 26, 2022.

• Zar Property NY borrowed $5.9 million from Signature Bank for 47 Mercer Street, SoHo, Manhattan on April 12, 2022.

• Zar Property NY borrowed $35 million from OceanFirst Bank for 105 Wooster Street, 105 Wooster Street, 105 Wooster Street, and 105 Wooster Street, Soho, Manhattan on March 23, 2021.