Chapman proposes UES rental tower despite likely opposition – Robert Khodadadian

The Chapman Group wants to rezone a site in Yorkville to make way for a 500-unit rental tower. Securing approval could be a tall task. An entity tied to the developer filed plans for a 484-foot-tall building at 221-243 East 94th Street. To comply with the city’s Mandatory Inclusionary Housing law, the developer would set aside 25 percent of the units for households earning an average of 60 percent of the area median income, with

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Development, Home Page, new york city council, Rezonings, ulurp, upper east side The Real Deal New York Read More

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