Skyline Properties is a commercial real estate advisory firm based in Manhattan. Traditionally, Skyline focuses on off-market investment sales, but over the last few years, Robert Khodadadian and his team have garnered attention guiding owners and tenants through the sophisticated yet lucrative process of ground leasing.
Commercial Observer’s Industry Insights team caught up with Khodadadian, Skyline Properties’ founder, and CEO, for an overview on why the current market conditions have led to the recent resurgence of ground leasing in New York City. READ MORE FULL ARTICLE >>
For the 4th year in a row, Skyline Properties is proud to sponsor The Real Deal’s 2018 Date Book, coming out this February. Watch for it on newsstands and reach out to us at Groundlease.NYC to learn more about exciting Ground Leasing opportunities.
Why sell when you can ground lease?
In the simplest form, a ground lease is a long term net lease (usually 49 to 99 years) of land including any said improvements to said land. Assets that can be subject to a ground lease include but are not limited to, vacant land, office buildings, and large residential buildings. There are many benefits for both the owner/lessor and the tenants/lessee. To learn more about ground leasing and to receive a complimentary property evaluation today go to: GroundLease.NYC
The City Council’s Land Use Committee on Tuesday greenlighted a proposal to rezone East Harlem under the Mandatory Inclusionary Housing program — a plan that is expected to create 1,288 affordable housing units on private sites. Under MIH, the city estimates that at least 20 to 25 percent of all new residential units in East Harlem will be affordable. As a part of the plan, New York City Housing Authority’s East Harlem properties will get […] Read More >> https://therealdeal.com/2017/11/21/land-use-approves-east-harlem-rezoning/
Mark Stagg: “They think one day they’re going to wake up, and rents for two-bedrooms are going to be $3,500.”
From the November issue: The funniest and most insightful comments on real estate. Read More >> https://therealdeal.com/issues_articles/in-their-words-68/
Hamptons Cheat Sheet: Why one hedge funder has no use for a $70M mansion, historic Southampton inn could become condos … & more
Hedge funder who broke national sales record lists old East Hampton digs for $70M Hedge fund manager Barry Rosenstein has listed his oceanfront East Hampton home for $70 million. After buying the Drew Lane property in 2005 for $19.2 million, Rosenstein tore down a 1920s-era cottage and built a modern seven-bedroom, 9½-bathroom home in its place. The property also boasts a two-bedroom guest cottage, a 62-foot lap pool and a separate garage with office space. […] Read More >> https://therealdeal.com/2017/11/21/hamptons-cheat-sheet-why-one-hedge-funder-has-no-use-for-a-70m-mansion-historic-southampton-inn-could-become-condos-more/