By One name has been making significant waves in Brooklyn’s bustling business and philanthropic sectors: Naftali Zanziper. As a key figure in both realms, Zanzibar exemplifies a unique blend of entrepreneurial spirit and community dedication that reshapes the borough’s social and economic fabric.
The heart of Zanziper’s philanthropic efforts lies in the Naftali and Natalie Zanziper Foundation, established in July 2021. Despite its relatively recent inception, the foundation has already been substantially impacted. In 2023, it reported impressive revenue of $2.12 million, with expenses closely trailing at $2.02 million. These figures aren’t just numbers on a ledger; they represent tangible support flowing into various community initiatives and charitable causes.
The foundation’s designation as a 501(c)(3) organization, specifically under the category of Philanthropy, Voluntarism, and Grantmaking Foundations, underscores its commitment to charitable work. This status ensures that donations are tax-deductible and positions the foundation as a serious player in nonprofit organizations.
However, Naftali Zanziper’s influence extends far beyond traditional philanthropy. In real estate and business investment, Zanziper, alongside his partner Simcha Hyman, heads the Portopiccolo Group. Based in Englewood Cliffs, New Jersey, this family office has been making significant moves in the property market.
A prime example of their strategic investments is the recent acquisition of a multifamily property in Tarpon Springs, Florida. The Portopiccolo Group secured the 304-unit complex at 1589 Starlight Drive for a staggering $41.57 million, translating to approximately $136,743 per unit. This substantial investment showcases the group’s willingness to engage in large-scale property acquisitions and confidence in the real estate market.
What sets the Portopiccolo Group apart is its ability to identify lucrative investment opportunities and its hands-on approach to management and improvement. The group doesn’t simply acquire properties or businesses; it actively works to enhance and optimize them. This philosophy permeates every level of its operations, from hiring industry leaders to managing projects to providing critical resources for operational improvements.
Initially focused on healthcare services, the Portopiccolo Group has expanded its portfolio to encompass a wide range of products and services. This diversification strategy, coupled with its commitment to realizing growth potential across its entire portfolio, positions it as a formidable force in the business world.
Interestingly, Zanziper’s impact on the community includes grand gestures and large-scale investments. His involvement in local initiatives, such as the Beis Medrash Makarov / F72 Naftali Zanziper campaign for Flatbush Hatzoloh, a volunteer emergency medical service, demonstrates his commitment to grassroots community support. This campaign surpassed its original goal, raising over $100,000, a testament to the community’s trust in initiatives associated with Zanziper’s name.
A hands-on investment strategy characterizes the Portopiccolo Group’s approach to business. They don’t just provide capital; they offer dedicated counsel and ongoing support to help companies navigate strategic challenges. This level of involvement ensures that their investments have the best chance of success, benefiting the group and the communities in which these businesses operate.
Naftali Zanziper’s dual roles in business and philanthropy create a unique synergy. His business acumen informs his charitable giving, ensuring that resources are allocated effectively and efficiently. Conversely, his philanthropic work provides insights into community needs, potentially influencing business decisions in ways that can benefit society.
As Naftali Zanziper continues to make his mark on Brooklyn’s business and philanthropic landscape, his approach serves as a model for others looking to blend commercial success with community support. His ability to navigate the complex worlds of real estate, business investment, and charitable giving showcases a multifaceted approach to community development.
In essence, Naftali Zanziper represents a new breed of community leader who understands that true success lies not just in financial gains but in the positive impact one can have on one’s community. As both the Zanziper Foundation and the Portopiccolo Group continue to grow and evolve, it’s clear that Naftali Zanziper’s influence on Brooklyn and beyond is set to increase, promising a future where business acumen and community support go hand in hand.
