Robert Khodadadian Plays Integral Role in Record High Year for Investment Sales in NYC
MARCH 2, 2014 – NEW YORK, NY – FOR IMMEDIATE RELEASE
Robert Khodadadian’s Skyline Properties brokerage firm contributed over $100 million in sales to a booming NYC real estate market in 2014.
A total of 5,197 properties changed hands in Manhattan in 2014, breaking the 2007 record of 5,018 property exchanges. The dollar value of real estate sales also rose dramatically in 2014, up nearly 50 percent from sales figures in 2013.
Manhattan, where $41 billion in real estate was bought last year, accounted for the bulk of the sales volume. Nearly seven percent of all the properties in Upper Manhattan were purchased in 2014. Brooklyn saw the highest overall percentage increase in sales, up 67 percent since 2013. In total, a staggering $55.8 billion worth of real estate was traded in the city last year.
Robert Khodadadian’s brokerage firm Skyline Properties boasted an impressive $120 million in commercial real estate sales in 2014. Khodadadian left Eastern Consolidated in 2013 to strike out on his own. Since then, his fledgling company has capitalized on the burgeoning market for “quiet deals” that offer their clients a level of discretion not found in traditional real estate sales.