Dario Zar
(Esshagh Dario Zar, Esshagh D. Zar, Essagh Zar)
President
Zar Property NY
Owner
Zar Property NY NYC portfolio
$383.5 million -office 80%, condo 17%, walkup 2%; Manhattan 99%*
572th largest portfolio by dollar value
716,596 sqft – office 83%, condo 11%, walkup 4%; Manhattan 100%
646th largest by SF
13 properties – Manhattan 100%
796th largest
49 residential units – Manhattan 100%
2679th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 3 for $82 million
Borrower signatory: 5 for $181.5 million
Top Ten Associated Companies:
Safra National Bank (4), Berliner & Pilson registered (2), JPMorgan Chase (2), OceanFirst Bank (1), Amalgamated Bank (1), Brodsky Organization (1), Signature Bank (1), Adlie Associates (1), GFP Real Estate (1), Norman Sheer (1)
Top Ten Associated People:
Stephan Mazzacca (1), Adam J. Cohen (1), J. Dean Amro (1), Kenneth A. Stagnari (1), Roy Lapidus (1), Alice Alexiou (1), Dave Christie (1), Norman Sheer (1), Sari Greenbaum (1), Steve Kerler (1)
Recent activity as signatory:
• Adlie Associates sold 124 West 22 Street for $28 million to Zar Property NY on June 24, 2026.
• Zar Property NY borrowed $19.6 million from JPMorgan Chase for 124 West 22 Street on June 24, 2026.
• Zar Property NY borrowed $20 million from Safra National Bank for 42 Greene Street on June 18, 2026.
• 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.
Latest Stories:
• Zar Property NY pays $28M for office in Chelsea (July 02, 2026)
• Zar Property NY in contract to pay under $30M for Chelsea office (April 17, 2026)
• 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, HPNY pay $15.2M to Brodsky for office condo in Lincoln Square (February 23, 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)