Jay Greenberg
(Jason Greenberg)
Principal
Z+G Property Group
41 Flatbush Avenue, Suite 3B Brooklyn, NY 11217
63 Lafayette Avenue, 2nd Floor Brooklyn, NY 11217
Z+G Property Group NYC portfolio
$61.3 million -elevator 81%, mixed-use 10%, walkup 7%; Brooklyn 100%*
1992th largest portfolio by dollar value
130,470 sqft – elevator 81%, walkup 10%, mixed-use 7%; Brooklyn 100%
2020th largest by SF
11 properties – Brooklyn 100%
954th largest
102 residential units – Brooklyn 100%
1773th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Seller signatory: 2 for $5.7 million
Borrower signatory: 1 for $20.6 million
Developer (new building or major alteration): 4 for 139,854 square feet
Top Ten Associated Companies:
Carlyle Group (4), East West Bank (3), Raphael Toledano (1), Serabjit Singh (1), Shinwa Real Estate Co., LTD (1), Jason Silverstein (1), Stephen Tretter (1), Bridge Investment Group (1), Stephen Palmese (1), Robert Palmese (1)
Top Ten Associated People:
Jennifer Lico (2), Michael Adler (1), Serabjit Singh (1), Aaron Fong (1), Jason Hart (1), Devin Yasuda (1), Jason Silverstein (1), Stephen Tretter (1), Christine Elcik (1), Jeehae Lee (1)
Recent activity as signatory:
• Z+G Property Group sold 557 17 Street for $2.9 million to Carlyle Group on December 04, 2025.
• Z+G Property Group sold 1700 10 Avenue for $2.9 million to Carlyle Group on December 04, 2025.
• Carlyle Group and Z+G Property Group borrowed $20.6 million from Bridge Investment Group for 25 Lexington Avenue on January 31, 2025.
• Z+G Property Group sold 277 Woodbine Street for $2.6 million to Carlyle Group and Greenbrook Partners on May 02, 2023.
• Serabjit Singh sold 25 Lexington Avenue for $17 million to Carlyle Group on September 12, 2022.
• Carlyle Group borrowed $9.8 million from East West Bank for 25 Lexington Avenue on September 12, 2022.
• Carlyle Group borrowed $7.8 million from East West Bank for 108 Luquer Street on July 20, 2022.
• Carlyle Group borrowed $5.3 million from East West Bank for 108 Luquer Street on July 20, 2022.
• Stephen Palmese, Robert Palmese and Rachel Foster sold 108 Luquer Street for $10.8 million to Carlyle Group on July 20, 2022.
• Stephen Tretter sold 69 Lafayette Avenue for $3.6 million to Z+G Property Group on June 10, 2022.
Latest Stories:
• Carlyle, Z+G Property sign $20.6M refi for two properties in Brooklyn (February 12, 2025)
• Carlyle Group pays $2.6M to Z+G Property Group for 3-family in Bushwick (May 09, 2023)
• Carlyle Group pays $17M to Serabjit Singh for 23-unit rental in Clinton Hill (September 20, 2022)
• Carlyle Group pays $10.8M for 22-unit rental in Carroll Gardens (August 01, 2022)
• Shinwa Real Estate pays $9.5M to Z+G Property for UWS walkup (March 23, 2022)
• Carlyle Group pays $8.2M for 8-unit rental in Bedford-Stuyvesant (February 09, 2021)
• Z+G Property Group pays $2.8M for property in Fort Greene (December 28, 2020)