Bobby Zar buys Midtown office building for 15% less than 2015 price – Robert Khodadadian

Bobby Zar and James Tamborlane’s ZG Capital Partners has scooped up another Midtown East office building — just three months after acquiring the neighboring property. An entity connected to the real estate investment firm bought the 20-floor, 113,000-square-foot tower at 43 East 53rd Street in Midtown East for $102.5 million from an entity tied to Florida-based MEK Management Services Inc., according to city property records filed Thursday. Tamborlane signed for ZG Capital Partners. MEK Management’s

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, Investment Sales, Manhattan Sales, midtown east, midtown manhattan The Real Deal New York Read More