Check out 2022’s most valuable Manhattan condo projects – Robert Khodadadian

, Check out 2022’s most valuable Manhattan condo projects – Robert Khodadadian, Robert Khodadadian

For decades a city of rentals and co-ops, New York now has condos across town. And that trend figures to accelerate. New York has condos in the sky and shaped like a sail. The future promises still more as lawmakers let a property tax break for rentals expire but kept the abatement for condominiums. However, after a rip-roaring start to 2022, sponsor unit sales cooled as the Fed hiked interest rates and mortgage rates followed

 For decades a city of rentals and co-ops, New York now has condos across town. And that trend figures to accelerate. New York has condos in the sky and shaped like a sail. The future promises still more as lawmakers let a property tax break for rentals expire but kept the abatement for condominiums. However, after a rip-roaring start to 2022, sponsor unit sales cooled as the Fed hiked interest rates and mortgage rates followed
The post Check out 2022’s most valuable Manhattan condo projects appeared first on New York.  Development, Home Page, condo market, year in review The Real Deal New York 

Lead by real estate veteran Robert Khodadadian, has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

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