Alfred Sanzari Enterprises is headquartered at the firm’s Court Plaza campus in Hackensack
By Joshua Burd
Alfred Sanzari Enterprises has named a new president as part of an expanded role for the company’s third-generation leader.
The Hackensack-based firm announced Monday that it has promoted Ryan Sanzari, the grandson of its founder and son of CEO David Sanzari, from his prior post of chief operating officer. In his new position, he will be responsible for overseeing Alfred Sanzari Enterprises’ construction, leasing, property management and accounting departments while ensuring the firm’s operational efficiencies.
David Sanzari, who was appointed president in 1988 and became CEO and president in 1998, will continue to direct the organization’s long-term strategy as its chief executive.
“Ryan has played an integral role in our firm’s success over the past several years, demonstrating outstanding leadership on a number of fronts to enhance our portfolio, modernize our operations and consistently put our employees and tenants first,” David Sanzari said. “Throughout his time with the company, Ryan has steadfastly charted a clear vision for the future of our firm while never losing sight of the foundational ideals that have stood at the root of our success for the last 75 years.
“It is with great pride that I am naming him as my successor as president and I look forward to watching him lead the organization into the future.”
The firm on Monday said Ryan Sanzari has helped guide its sustained growth since being appointed COO in 2016, spearheading innovative initiatives, technologies and strategies to enhance and streamline its operations and its portfolio, particularly in the residential and hospitality sectors. For instance, he recently initiated and oversaw a sweeping upgrade of the company’s technology infrastructure, substantially improving operating and financial efficiencies, while enabling a more collaborative workflow enterprise-wide.
Ryan Sanzari has also significantly revamped ASE’s internal capabilities, placed a renewed focus on recruiting and retaining top talent and has successfully created the strongest property management division in the firm’s history, according to a news release. Additionally, the firm cited his role in transforming its multifamily portfolio through recent acquisitions, overhauling its flagship Glenpointe campus in Teaneck and spearheading the development of a dual-branded Hampton Inn & Suites and Homewood Suites hotel nearby.
“I am incredibly fortunate to have worked alongside my father over the course of my career, during which I have gained invaluable insights from him as a mentor, leader and businessman,” said Ryan Sanzari. “I am deeply honored and humbled to build upon the examples of my father and grandfather and am thankful to our dedicated team of employees who have been instrumental in our continued success and always go above and beyond to provide the best possible experiences for our tenants.”
Along with helping ASE employees, tenants and residents navigate the COVID-19 crisis, Ryan Sanzari has also helped coordinate efforts to give back to the local community, the news release said. For instance, the firm has donated 2,750 stays at its Hampton Inn & Suites hotel to the front-line health care workers, while hosting the Bergen County Sheriff’s Office at the parking lot outside its Medical Arts Building in Hackensack as they sanitized personal vehicles of more than 50 Hackensack Meridian Health employees.