CB Developers to pay $25M for site next to Murray Hill project I Robert Khodadadian

Screen Shot 2014-10-16 at 3.54.36 PM

Charles Blaichman’s CB Developers is in contract to acquire three adjacent five-story buildings for $25.2 million, or $420 per square foot, The Real Deal has learned. A Chinese nonprofit family trusts known, as the J. T. Tai & Company Foundation has owned the site for more than 30 years, property records show.

Skyline Properties head Robert Khodadadian, who represented both the buyer and the seller, declined to comment. The foundation is also in contract to sell a Sutton Place development site at 1055-1057 Second Avenue for $19 million which Khodadadian was the broker as well. Click HERE to read more.

Advertisements

One thought on “CB Developers to pay $25M for site next to Murray Hill project I Robert Khodadadian

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s