Robert Khodadadian – Top Rated Investment Sales Broker

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Butterfly House in Carmel hits market at $40M – Robert Khodadadian

The iconic Butterfly House in Carmel-By-The-Sea is back on the market for more than twice what it sold for less than 10 years ago. Designed by architect Frank Wynkoop, the home is hitting the market with a $40 million price tag. Venture capitalist Kevin Comolli and his wife bought the home in 2014 for $16.5 million. The Comolli family are unloading the home and relocating to Beverly Hills. Originally built in 1951, the 3,700-square-foot waterfront 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 …

Gainesville close to ending single-family zoning – Robert Khodadadian

A Florida city is on the verge of eliminating single-family zoning, hoping to create more affordable housing opportunities. Gainesville recently moved to ditch single-family zoning, Bloomberg reported. The Gainesville City Commission narrowly voted in favor of the move, which has the support of Mayor Lauren Poe. Once single-family zoning is eliminated, duplexes, triplexes and quadruplexes will become options on land once designated for solo homes. Advocates point towards ditching single-family zoning, sometimes referred to as 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 …

Building a “Castle” in Texas is anything but a fairytale – Robert Khodadadian

A Texas couple that dubbed their dream home the “Castle” only has a castle in the sky four years into a construction process that’s been riddled with pandemic delays. Carrie and Nate LaChance bought a lakefront property in the Dallas area for $260,000 in 2018, where they planned to build a luxury-laden dream home. Still unfinished, the project has epitomized covid-era snags, the Washington Post reported last week. The couple’s plans for their mansion include 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 …

NFL star earns his real estate wings – Robert Khodadadian

Seattle Seahawks wide receiver Tyler Lockett, who signed a four-year, $69.2 million contract extension with the franchise, including $37 million in guaranteed money, has other kinds of deals on his plate: real estate. Lockett earned his real estate license in Washington during the NFL offseason, KOMO News reported. He’s also studying to take his exam in Texas. well. Lockett passed his Washington test in February and received his license in March. He dove right into 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 …

“Honey, I bought the town:” Buyer ends up with big chunk of subdivision – Robert Khodadadian

A Nevada homebuyer who sought one lot in a new subdivision ended up with 85 for the price of one. A title company’s copy-and-paste error gave the buyer a big chunk of the Toll Brothers residential project in Sparks, northeast of Reno, for about $595,000, the Reno Gazette Journal reported. Much of the Spanish Springs neighborhood that’s being developed by the Pennsylvania-based luxury home builder was transferred to the buyer, who was trying to buy 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 …

Mark Cuban’s Jurassic Park is extinct – Robert Khodadadian

The Dallas Mavericks owner is holding his horses – or dinosaurs, to be precise. Less than a year after Mark Cuban bought the town of Mustang in Navarro County, he said he’s no longer planning to use it for animatronic versions of the prehistoric beasts, WFAA reported. Cuban had mulled the plan in a March interview on “The Drew Barrymore Show,” when he said the town’s future would be “Shark Tank”-related and referenced his investment 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 …

Celebrity favorite Ranch Malibu to open in Hudson Valley – Robert Khodadadian

Wealthy New Yorkers no longer need to fly to Ranch Malibu: the wellness retreat is opening a location an hour’s drive from the city. Alex and Sue Glasscock, owners of the Ranch Malibu, dropped $11 million on a 140-acre estate in Tuxedo Park, New York, originally a 1902 gift from financier J.P. Morgan to his daughter, Bloomberg reported. Juliet Pierpont Morgan and her husband William Pierson Hamilton, the great-grandson of Alexander Hamilton, lived there until 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 …

This year’s top-selling Hudson County homes – Robert Khodadadian

In the first half of 2022, Hudson County home sales reached uncharted territory. A Hoboken penthouse — Unit #12IJ at 1500 Hudson Street, also known as 1500 Washington Street — kicked off the year with a record-breaking $4.2 million sale. Just a month later, a penthouse condo at 75 Park Lane traded for $5.7 million, smashing Jersey City’s record for the priciest home sale. Hoboken was unable to beat that in the first half of 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 …

Housing affordability hits 33-year low – Robert Khodadadian

To see the last time housing affordability was this low, you would have to go back to the early days of the George Bush administration — the first one. Housing affordability hit its lowest point since 1989 in June, the Wall Street Journal reported. That’s according to an index kept by the National Association of Realtors, which considers income, mortgage rates and sale prices of existing homes. Record home prices are one of the factors 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 …

Four decades in making, East Northport project clears key hurdle – Robert Khodadadian

An unusual affordable housing project proposed decades ago in East Northport is finally on the horizon. D&F Development Group landed $4.2 million in infrastructure funding from Suffolk County for the $92-million Matinecock Court development project, Newsday reported. The funding, previously authorized with another developer, had to be renewed because so much time had elapsed. It will help pay for a sewage treatment plant, sidewalks and roads. D&F is also working on solidifying funding for the 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 …

NYC turns back to hotels to grow homeless shelters – Robert Khodadadian

New York City’s plan to use hotels for homeless shelters is surfacing, but details remain sparse. Officials from the mayor’s administration disclosed this week that 11 hotels were being leased by the city to serve the growing shelter population, City Limits reported. The announcement came months after the city phased out the use of commercial lodgings for children after the shelter population dropped. Not much else has been revealed about the city’s arrangements with the 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 …

Major asset manager moves to 660 Fifth Avenue – Robert Khodadadian

Brookfield Properties better have a big enough safety deposit box for the multi-billion dollar asset manager moving into 660 Fifth Avenue. Brookfield signed 400 Capital Management to a lease at the Plaza District building, formerly known as 666 Fifth Avenue, Bloomberg reported. The 25,000-square-foot lease is for the 27th floor of the 39-story property. The incoming tenant is an alternative-credit investment firm, specializing in structured credit. The company has $5.8 billion in assets under management. 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 …

Hartz buys Newark Airport hotel for $34M, plans demolition – Robert Khodadadian

Hartz Mountain Industries acquired a hotel by Newark Airport, but not to add it to the firm’s portfolio. Leonard Stern’s company bought the Wyndham Garden Newark Airport hotel for $34 million with plans to tear down the building, The Real Deal has learned. Demolition could begin early next year. Marcus & Millichap’s Eric Anton represented Hartz and the seller, a private investor based in California, in the transaction. Anton declined to comment and Hartz did 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 …

“The system is broken”: Staffing woes stall affordable projects – Robert Khodadadian

Staff shortages at city agencies are threatening to stall affordable housing projects at a time when developers are already shying away from starting new ones. Developers say personnel problems at the Department of Housing Preservation and Development have already delayed closings on construction financing for affordable housing. “The criteria to get into the pipeline is completely mystifying at this point,” said one developer who asked not to be named. “I could…design the most beautiful building 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 …

Silverman grabs Sherwood industrial portfolio for $76M – Robert Khodadadian

Jeffrey Katz’s Sherwood Equities is cashing in a piece of the hot industrial market on Long Island, selling a nine-property portfolio to Blake Silverman’s firm. Sherwood sold the 372,000-square-foot portfolio to the Silverman Group for $76 million, the Commercial Observer reported. The deal works out to about $204 per square foot for the properties, which are spread across Melville and Farmingdale. Katz and his father, Ira, spent $5 million developing the portfolio in the 1970s. 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 …

Key Food nabs 20K sf at Pennrose project in Brooklyn – Robert Khodadadian

The real estate industry has been blamed for New York City’s food deserts — large areas without supermarkets — and in response, politicians created a zoning and tax incentive to correct that market failure. It’s not clear if it worked: A number of developers have used the program, called FRESH, but no one knows how many of its supermarket spaces would have been created without it. Still, the city expanded it last year and when 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 …

Yachts, parties and private islands: The luxury indulgences of real estate’s richest – Robert Khodadadian

Remember the bad old days in New York? The 1970s had the city on the precipice of fiscal ruin, but a mouthy tax attorney named Steve Ross bet big on the metropolis that many landlords were ready to give up on. Ross’ Related Companies was part of a class of modern-day real estate titans that would emerge from those ashes, but once you’ve transformed the skyline of a city often described as the capital of 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 …

Trump Parc condo tied to embattled Australian construction magnate hits market – Robert Khodadadian

An apartment tied to an embattled Australian construction magnate is on the market, asking $27 million. Daniel Grollo is CEO of Melbourne-based construction company Grocon. The company was behind some of the city’s most iconic buildings, including Eureka and Rialto towers, before falling into financial trouble in recent years. The unit’s listing comes after the company slipped into administration, a process similar to bankruptcy proceedings in the United States, where creditors found the firm was 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 …

Celeb buyer of Richard Gere’s Westchester estate revealed – Robert Khodadadian

The tri-state housing market is taking on the feel of Six Degrees of Richard Gere. The mystery buyer who snapped up the actor’s Pound Ridge estate in Westchester County was none other than Ryan Murphy, the prolific television creator, the New York Post reported. Last listed in October by Gere at $28 million, the property sold for $24.1 million, a 14 percent discount. The “Pretty Woman” star paid $1.5 million in 1986 for the 49-acre 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 …

Mark Cuban: Metaverse real estate is the “dumbest sh*t ever” – Robert Khodadadian

Nobody can ever accuse Mark Cuban of mincing words about the metaverse. The Dallas Mavericks owner and prolific investor aired his particularly unfavorable opinion about metaverse real estate on the Altcoin Daily YouTube channel. “The worst part is that people are buying real estate in these places,” Cuban said of metaverse platforms like the Sandbox and Decentraland. “That’s just the dumbest s*** ever.” Cuban added, “Did I say it was dumb? That’s not strong enough.” 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 …

Rybak, Century file to build Queens multifamily projects – Robert Khodadadian

A pair of outer borough real estate developers have each submitted plans to bring more than 200 residential units to Queens. Sergey Rybak’s Rybak Development and George Xu’s Century Development Group filed separately on Monday to build a total of 280,000 square feet in Forest Hills and Long Island City. Rybak’s Brooklyn-based firm is seeking to build a 150,000-square-foot multifamily project at 78-29 Austin Street in Forest Hills. Rybak bought the development site from the 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 …

Thor sues insurer over Bob Gladstone’s alleged theft from 212 Fifth – Robert Khodadadian

Thor Equities wants the money it claims to be owed at 212 Fifth Avenue, and has turned the attention to an insurer to get the millions. Joe Sitt’s firm sued Hiscox on Wednesday for failing to cover $3.4 million the firm alleges Madison Equities CEO Robert Gladstone stole from the luxury condo project, the Commercial Observer reported. The money was allegedly taken by Gladstone without permission after all 48 units at the building were sold. 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 …

The Fortress real estate hall of fame – Robert Khodadadian

Fortress Investment Group has played a key role in some of real estate’s biggest — and most audacious — deals. From Harry Macklowe’s infamous $7 billion purchase of a chunk of the Equity Office Properties portfolio, to the $5.5 billion sale of Stuyvesant Town–Peter Cooper Village, to backing Trump Tower Chicago, the private equity firm earned a reputation for getting involved in hairy projects that scared others away. Now, with SoftBank considering a sale of 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 …

East Williamsburg’s resi market reaches new heights – Robert Khodadadian

To a casual observer, East Williamsburg may not seem like an obvious place for luxury residential projects. Flatbed trucks rumble down Metropolitan Avenue on their way to and from Queens industrial yards, billowing dust and exhaust over graffiti-covered buildings home to functioning warehouses and nightlife venues alike. Amid the stretch of warehouses stands the Milk Factory, a luxury development of 32 condos at 850 Metropolitan Avenue. Behind its sand-colored and glass facade is a notable 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 …

Power buyer Homeward lays off 20% of staff – Robert Khodadadian

Homeward doesn’t feel like home to 20 percent of its staff who were laid off by the power buyer. The Austin-based company cut a fifth of its staff in response to the housing slowdown, Inman reported. The company employed about 600 people prior to the cut, meaning around 120 were affected. “The shifting market and decrease in contract activity have resulted in more headcount than necessary — we have to adjust our business to accommodate 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 …

Defeated by industry, criminal background check bill returns – Robert Khodadadian

The City Council is seeking to revive a measure that would bar property owners from making criminal background checks of prospective tenants and buyers. Real estate professionals helped kill a nearly identical bill last year and seem poised to wage a similar fight if changes are not made to the measure. Council member Keith Powers, the prime sponsor, said he expects to discuss it further with stakeholders but wouldn’t speculate on potential amendments. He said 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 …

Bayside shopping center goes for $32M to lead mid-market sales – Robert Khodadadian

A summer of strong mid-market investment sales in New York City, particularly in multifamily assets, paused during the first week of August. Only five transactions involving commercial properties valued between $10 million and $40 million hit city records. Three were in Brooklyn, while Manhattan and Queens each had one. Below is more information on each, listed by dollar value: 1. Alfredo Li, through the entity Mandarin Realty NY LLC, sold a shopping center at 61-01 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 …

Developer wants 29 waterfront homes; Nimbys want none – Robert Khodadadian

A developer’s dream of building a 29-home community near Pocantico Lake is getting some cold water from local residents. ZappiCo bought the 42-acre estate in Mount Pleasant in 2020 for $2.4 million, the Rockland/Westchester Journal News reported. The estate once belonged to former Philip Morris CEO Joseph Cullman, whose heirs tried to sell it for $4 million. The developer decided to build 29 houses on it. But those who enjoy the 69-acre lake and its 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 …

As July rents notch another record, brokers eye August dip – Robert Khodadadian

Manhattan’s rental market showed no sign of a slowdown in July, as the median rent blew past records for the sixth straight month. Seasonal demand, along with would-be buyers edged out of the purchase market by higher mortgage rates and low inventory stoked those gains. Brokers say the first two weeks of August have shown early signs that the city’s rental frenzy may be easing. But even if demand does dip, it won’t translate into 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 …

Judge rejects “poor door” lawsuit at Related’s 15 Hudson Yards – Robert Khodadadian

A New York federal judge has dismissed a lawsuit accusing Related Companies of discriminating against lower-income residents at 15 Hudson Yards. Judge Valerie Caproni ruled that the lawsuit failed to show that the building’s design — specifically the placement of affordable units on different floors from luxury apartments — resulted in segregation of Black and Hispanic residents. The lawsuit did not demonstrate that most of the affordable housing residents are Black or Hispanic, and “woefully 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 …

Zell-backed SPAC fizzles – Robert Khodadadian

The deflated SPAC market has claimed another victim. The Sam Zell-backed Equity Distribution Acquisition Corp. will close up shop next month after failing to find a merger deal, Bloomberg reported. The special purpose acquisition company will stop trading on Sep. 16 and redeem the outstanding class A shares to investors on Sep. 19. The firm went public at the height of the SPAC craze in 2020, putting a focus on businesses in the industrial sector. 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 …

Florida Showcase speaker spotlight: Michael Shvo – Robert Khodadadian

Subscribers will remember The Real Deal’s award-winning pandemic-era profile, headlined “Shvo to hell,” of a friendship soured over a multi-billion-dollar property empire. Now, TRD is thrilled to announce that the man himself, broker-turned-luxury developer Michael Shvo, will join the stage at our annual South Florida Showcase + Forum, Nov. 10 at Mana Wynwood in Miami. If you haven’t gotten your ticket yet, take a moment to do so — don’t worry, we’ll wait. The early 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 …

Naftali takes hit in battle with UWS holdout – Robert Khodadadian

Miki Naftali is not going to be happy with the latest twist in his Upper West Side condo battle. A housing court judge ruled on Tuesday that Ahmet Oszu — the lone tenant holdout at Naftali’s project at 215 West 84th Street — can stay at his apartment, Crain’s reported. The allowance is pending Oszu’s application for emergency rental assistance, which allows a tenant to remain in place until a decision on the application is 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 …

Massive waterfront Southampton estate listed for $150M – Robert Khodadadian

Louise Blouin hopes she can finally sell her massive Southampton estate, or risk losing it. The controversial art magazine publisher and collector is listing “La Dune” once again, this time for $150 million, the Wall Street Journal reported. The estate spans two properties, 366 and 376 Gin Lane. Blouin first put the four-plus-acre compound on the market in 2016, seeking $140 million. Since then, the estate has been on and off the market while Blouin 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 …

Jean-Georges’ Mercer Kitchen closing after 25 years – Robert Khodadadian

As one kitchen door opens, another is slamming shut. Chef Jean-Georges Vongerichten’s Soho restaurant Mercer Kitchen is closing at the end of the year, Eater reported. While the restaurant at 99 Prince Street is shuttering after 25 years of operation, it’s not clear if JGR will still provide room service to the Mercer Hotel. “A great run,” Vongerichten said of Mercer Kitchen’s quarter-century as a celebrity spot and communal dining innovator. The burners may not 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 …

Iconic NYC eatery Rao’s to open at Loews Miami Beach – Robert Khodadadian

Good luck getting a table. Rao’s, a classic New York City restaurant known as much for its exclusivity as its red-sauce fare, is planting a flag in Miami Beach. The Italian eatery, owned by the Pellegrino family, is expected to open at the Loews Miami Beach Hotel early next year, sources confirmed to The Real Deal. It will take the ground-floor space occupied by Lure Fishbar at the oceanfront resort at 1601 Collins Avenue. The 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 …

Milstein’s real estate firm extends at 545 Madison Avenue – Robert Khodadadian

A real estate firm is staying put in Midtown, the latest in a string of Manhattan Office renewals. Ogden CAP Properties, the real estate arm of the Milstein family, is renewing its lease at Marx Realty’s 545 Madison Avenue, the Commercial Observer reported. The three-year deal across four floors spans 42,000 square feet and runs through 2027. Asking rents at the building range from $84 to $101 per square foot. Ogden moved into the Office 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 …

Richard Gere revealed as discount buyer of Paul Simon and Edie Brickell’s estate – Robert Khodadadian

Richard Gere is on a discount tour of the tri-state area real estate market. The “Pretty Woman” actor been revealed as the mystery buyer of the 32-acre Connecticut estate that Paul Simon and Edie Brickell sold last month at a multi-million dollar loss. Mansion Global reported the property traded to a trust tied to a recent sale in upstate New York by Gere. The New Canaan property at 82 Brookwood Lane sold to the “Pretty 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 …

City accuses its landlord of gaming property taxes – Robert Khodadadian

So that’s how it feels. The city alleges its landlord at a Queens warehouse overcharged it on real estate taxes for years. In a lawsuit filed Tuesday, the city charges that it erroneously paid its landlord over $270,000 in real estate taxes between 2014 and 2022. Property taxes are the responsibility of owners, but are often passed on to tenants through lease agreements. In this case, the Adams administration claims the landlord wrongly calculated what 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 …

Modern Spaces sues Ascent Development over exclusivity agreement in LIC – Robert Khodadadian

A major Long Island City condo project now the subject of a legal battle between Modern Spaces and Ascent Development. The brokerage has sued the developer of 45-30 Pearson Street for $3.35 million, alleging that Ascent appointed Modern Spaces as exclusive sales agent for and then dropped it without cause. Modern Spaces says it fulfilled its obligations — leading tours, providing sales data and developing layouts, floor plans and pricing. “Modern Spaces remains ready, willing 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 …

Landlords backing off big rent hikes – Robert Khodadadian

Through the winter and spring, rent hikes on Covid-era lease renewals soared as high as 50 percent as New York landlords cashed in on strong demand and low availability. Those price bumps — largely a recovery from early-pandemic discounts — drove Manhattan’s average rent above $5,000, a near 30 percent jump in a year. But new data show that landlords’ unprecedented repricing power has likely run its course. In New York, a report by landlord 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 …

Luxury brokerage Hedgerow faces its toughest challenge yet – Robert Khodadadian

If the aim of Hedgerow Exclusive Properties is to mimic the tales of opulence and opposition that make up its namesake book, “Philistines at the Hedgerow,” the upstart brokerage appears to be succeeding. Author Steven Gaines’ 1998 work chronicles the millionaires and billionaires who have long made the Hamptons a playground for the ultra-rich, the ever-present clashes between new money and the establishment, and the brokers who orchestrate it all.  Hedgerow, a two-year-old brokerage that 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 …

Cheskie Weisz plans 200 Gowanus apartments – Robert Khodadadian

The Gowanus rezoning is supposed to bring about 8,500 new apartments to the Brooklyn neighborhood. Cheskie Weisz plans to chip in 200 of them at a Fourth Avenue site. Weisz’s CW Realty is putting together a site where the developer plans to build a 205-unit building in the evolving neighborhood, The Real Deal has learned. The company is in contract to buy a trio of properties on Fourth Avenue at First Street for close to 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 …

Fortress on chopping block as SoftBank looks to cut costs – Robert Khodadadian

After suffering a record quarterly loss, SoftBank is mulling the sale of a significant player in U.S. real estate. Masayoshi Son’s firm has started discussions about selling Fortress Investment Group, Bloomberg reported. Son disclosed the talks on Monday, the same day SoftBank announced a $23.4 billion net loss. Son didn’t mention any specific partners for the discussions regarding Fortress, an important real estate player. Last month, however, Bloomberg reported that Abu Dhabi sovereign wealth fund 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 …

Eastdil and A&G seek to broker sale of bankrupt Williamsburg Hotel – Robert Khodadadian

Just two months ago a federal bankruptcy judge stripped control of the Williamsburg Hotel from Toby Moskovits and Michael Lichtenstein, saying they could not be trusted with its finances. Now the trustee in the bankruptcy seeks to appoint brokers Eastdil Secured and A&G Realty as brokers to sell the property. The two will co-broker the sale with a 1.25 percent fee of the first $103.4 million of gross sales price. They will get an additional 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 …

Howard Hughes buys stake in Jean-Georges – Robert Khodadadian

Instead of biting the hand that feeds it, the Howard Hughes Corporation has decided to invest in it. Howard Hughes purchased a 25 percent stake in Jean-Georges Restaurants, the New York Post reported. The restaurant empire of celebrity chef Jean-Georges Vongerichten spans 40 restaurants, including the Tin Building at the Seaport, which is set to partially open this month. Hughes paid $45 million for the minority stake in JGR. It also paid another $10 million 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 …

Tory Burch staying put at Savitt’s 11 West 19th Street – Robert Khodadadian

If the shoe fits, keep leasing it. Women’s fashion designer Tory Burch is enjoying the fit at Savitt Partners’ 11 West 19th Street, renewing its 130,000-square-foot space for 13 years, the Commercial Observer reported. The asking rent at the Flatiron District headquarters was $72 per square foot. Tory Burch has called the top five floors of the 11-story building its headquarters for more than a decade. Savitt’s Brian Neugeboren expressed optimism about the message the 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 …

Cushman delivers 36K documents to AG in Trump probe – Robert Khodadadian

Cushman & Wakefield had a message for Letitia James: You want documents? We got your documents right here! The real estate giant provided nearly 36,000 documents to the New York Attorney General’s Office, according to court filings. The AG’s Office acknowledged as much in its own court filing, asking for the court to “hold any contempt purged, without any fines due or owing.” The document dump completes Cushman’s compliance with subpoenas issued in September 2021 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 …

Boston Properties files plans for ex-MTA HQ site – Robert Khodadadian

It’s been a long road, but Boston Properties is one step closer to building its big Office tower on the former site of the Metropolitan Transportation Authority’s headquarters. The developer filed plans Friday for a 982,000-square-foot Office building at 343 Madison Avenue, Crain’s reported. The building is slated to stand 780 feet tall, shorter than the developer’s original plans for a 1,050-foot-tall property. The ground floor will have retail space, while the rest of the 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 …

Montauk hotspot quietly for sale after losing liquor license – Robert Khodadadian

Ruschmeyer’s, a Montauk restaurant and hotel known for attracting influencers, partygoers and scrutiny from local officials, could soon have a new owner for the second time in a little over a year. East End restaurateur Jeremy Morton, who bought the landmark hotspot for $11.1 million last year, is quietly shopping the business after it lost its liquor license in June, people with knowledge of the situation told The Real Deal. Ruschmeyer’s temporary permit to serve 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 …

From funeral home to strip mall – Robert Khodadadian

Though the rise of online shopping has prompted eulogies for physical retail, a funeral home in Passaic County could soon be reborn as a strip mall. An affiliate of Wayne-based developer March Associates Construction is in contract to buy Moore’s home for Funerals, which has operated in the Passaic County town since 1902, NorthJersey.com reported. If the deal is approved, March Associates plans to replace the mortuary with a 10,000-square-foot shopping center with up to 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 …

Hugh Jackman buys penthouse at Jean Nouvel tower – Robert Khodadadian

Hugh Jackman is trading neighborhoods, closing on a new Chelsea condo almost three months to the date after listing his West Village triplex. Jackman paid just over $21.1 million for a penthouse unit at the Jean Nouvel tower at 100 Eleventh Avenue, the Wall Street Journal reported. It’s the sixth-highest sale at the building, according to Streeteasy. The 4,700-square-foot, four-bedroom apartment was originally listed for $25 million. The unit has 14-foot floor-to-ceiling windows and 3,700 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 …

Sand Hill Road reckons with a remote future – Robert Khodadadian

There are only a handful of streets across the U.S. that are synonymous with entire industries. Wall Street and finance. Madison Avenue and advertising. K Street and politics. In Menlo Park, California, it’s Sand Hill Road and venture capital. When an upstart VC firm named Kleiner Perkins established its headquarters on the 5.6-mile stretch of Silicon Valley roadway in 1972, few could have predicted that the area would eventually become the center of the tech-funding 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 …

Divorce lawyer sells Bridgehampton home for $45M – Robert Khodadadian

The seller of a five-acre property in Bridgehampton knows a little something about letting go. Divorce lawyer Irving Shafran parted with his Hamptons property for around $45 million, the Wall Street Journal reported. Shafran and his late wife, book editor Judith Shafran, purchased the property in 2004 for $10 million. The couple built a 7,500-square-foot home, located on Sagaponack Pond. The main house is sited on approximately four acres, leaving another available as a buildable 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 …

Brooklyn’s top deal last week? Just $6M – Robert Khodadadian

When is second place good enough for first? When a townhouse at 79 Second Place in Carroll Gardens enters contract with an ask of $6 million, topping the Brooklyn luxury market. The four-story home with an owner’s triplex below two tenant apartments was the most expensive listing to enter contract last week, according to Compass’ weekly report on signed contracts in the boroughs for homes asking $2 million or more. The 4,200-square-foot home can be 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 …

Chetrit, Stellar land $365M refi for UWS luxury apartment complex – Robert Khodadadian

The Chetrit Group and Stellar Management picked up another huge loan for one of their luxury multifamily properties — this time on the Upper West Side. The development partners secured a $365 million refinancing for their 773,300-square-foot, 850-unit Park West Village complex at 784, 788 and 792 Columbus Avenue, the Commercial Observer reported. The CMBS loan was provided by Citigroup, BMO Capital Markets and Starwood Property Trust. The deal, which was finalized last Wednesday, was 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 …

Manhattan’s luxury market records slowest week since 2020 – Robert Khodadadian

A sweltering heat wave brought 90-degree temperatures to New York City last week, but Manhattan’s luxury market continued to cool off. Buyers signed just 13 contracts for homes asking $4 million or more in the borough in the first week of August, 11 fewer than in the last week of July, according to Olshan Realty’s latest report. Those 13 properties were last asking a combined $95.24 million, the lowest total tracked by the report since 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 …

Teitelbaum slaps Sharpton with legal notice at Harlem HQ – Robert Khodadadian

Rarely has a lease renewal been so tense. Al Sharpton wants a new deal for his nonprofit, the National Action Network, at 106 West 145th Street in Harlem. The New York Post reported Sharpton and NAN were on the receiving end of a legal notice from landlord Lenox By the Bridge LLC over rent payments and the lease for the space. A lawyer for the LLC that owns the building said it was working 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 …

Shake-up at 22 Bond: Corcoran in, Tal Alexander out at NoHo condo – Robert Khodadadian

Well, that was fast. Just four months after Douglas Elliman’s Tal Alexander, Jared Schwadron and Marc Riedel were tapped for sales at 22 Bond Street, a new team is assuming control. Corcoran’s Catherine Juracich, who previously worked with JDS Development’s Fitzroy condominium development in Chelsea, has taken over sales at the luxury NoHo development. Alexander left Elliman in June to launch a company called Official, backed by white-label firm Side. The broker said he had 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 …

PR giant Edelman renews massive space at Resnick’s 250 Hudson Street – Robert Khodadadian

In-person work is getting positive spin from a major public relations firm’s latest deal. Edelman is renewing its 173,000-square-foot office space at Jack Resnick & Sons’ 250 Hudson Street, the New York Post reported. Financial terms of the lease were not disclosed, but the renewal is for 15 years. Edelman’s space spans roughly half the 341,000-square-foot property. The firm has been at the Hudson Square Office building since 2009, which is when the former printing 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 …

Bravo boss Andy Cohen in contract for West Village penthouse – Robert Khodadadian

Bravo host and producer Andy Cohen is doubling down on his love for West Village duplexes, picking up a prewar penthouse. Cohen is in contract to buy a unit at 299 West 12th Street, the New York Post reported. The sale hasn’t closed yet, but the unit last asked $18.3 million. The 17-story prewar building was developed by Bing & Bing. Cohen’s duplex spans 3,000 square feet, but reportedly needs some work. The unit includes 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 …

Rockland County “fraudster” banned from real estate – Robert Khodadadian

A property manager in Rockland County agreed to banishment from the real estate business in New York for milking an affordable co-op for personal benefit and nearly driving it to financial ruin. James announced the agreement Wednesday following a two-year investigation of the manager, Russell Mainardi. The probe found he had illegally misused funds at 18-36 Columbus Avenue in Spring Valley, putting it on the verge of foreclosure. Mainardi installed his girlfriend as property manager, 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 …

Cannabis goes legit: Obstacles, opportunities for real estate in budding industry – Robert Khodadadian

After its retail properties took a hit during the pandemic, Delshah Capital decided to explore a burgeoning new industry. The New York real estate firm listed three of its Downtown storefronts on 420 Property, a site for cannabis space. It has since received “a bunch of inquiries,” mostly from smaller operators, said Chad Roberson, partner at Delshah. But he is hesitant, seeing them as risky tenants facing entrenched obstacles. One is competition from the illicit 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 …

HUBB NYC picks up Williamsburg rental for $78M – Robert Khodadadian

With the expiration of 421a, buildings with the coveted tax exemption will be harder for future investors to come by. And development of apartment buildings is expected to slow, boosting competition for existing ones. HUBB NYC continues to snap up the tax-favorable properties. The investment firm just paid $76.8 million to buy a 130-unit rental building at 150 Union Avenue in Williamsburg. The seller, Adam America Real Estate, developed the building with 421a in 2015. 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 …

The Closing: James Whelan – Robert Khodadadian

At the Real Estate Board of New York’s annual gala in June, Jim Whelan held court. As some of the industry’s biggest developers and dealmakers shook his hand or slapped him on the back, one elected official joked that he had come over to “kiss the ring.”  Whelan rose to head the industry trade group after nearly a decade working for it, during which he was instrumental in the organization’s efforts to renew the lucrative 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 …

TRD Pro: NYC’s biggest offices sales of the second quarter – Robert Khodadadian

The following is a preview of one of the hundreds of data sets that will be available on TRD Pro — the one-stop real estate terminal that provides all the data and market information you need. New York City’s Office market continues to stand on unsteady ground. By the end of June, the vacancy rate for Manhattan offices stood at 17.2 percent, barely improved from the record 17.4 percent set in February. Things were particularly 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 …

Developers, rejoice: Carried-interest loophole is saved again – Robert Khodadadian

Closing the carried-interest loophole is a game of Whac-a-Mole the Democrats just can’t seem to win. And real estate players won’t shed any tears about that. Carried-interest income is what private-equity and hedge-fund players make when their investments are sold at a profit. This income is taxed as a long-term capital gain, at a lower rate than ordinary income. Crucially for real estate, “promotes,” the share of profits that developers and fund managers get from 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 …

The new normal: $1M price tags in Hilton Head – Robert Khodadadian

Working from home in Hilton Head may cost you $1 million. Two years into the pandemic, listings at that threshold are no longer rare, and nor are homes that ask for almost $8 million, the Wall Street Journal reported. Median prices jumped to $650,000 through June from $360,000 in January 2020. The South Carolina island, a hub of private and semi-private golf communities, has long drawn buyers interested in warmer weather and cheaper taxes. Now 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 …

Fairstead fires back, alleges Blodgett threatened to go “torched earth” – Robert Khodadadian

It’s a “he said, they said” battle of Biblical proportions at one of New York’s biggest multifamily players. After co-founder Will Blodgett alleged that the firm hoodwinked and stole tens of millions of dollars from him, Fairstead has fired back, alleging instead that Blodgett spun an “egregious conspiracy” to take over the firm and push out two of its leaders, CEO Jeff Goldberg and controlling shareholder Stuart Feldman. If Blodgett didn’t get his way, Fairstead 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 …

Wyoming ranch with ties to Walt Disney hits market for $71M – Robert Khodadadian

Luxe ranches are all the rage and another one has hit the market in Dubois, Wyoming. The Diamond G Ranch is listed at $71 million, the Wall Street Journal reported. The 5,000-acre property is located 82 miles east of Jackson Hole and 23 miles from Yellowstone National Park. The seller is an LLC tied to Stephen Gordon, a former manufacturing executive who purchased the ranch back in the 1980s. Jim Taylor of Hall and Hall 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 …

#Twinning: Identical brothers asking $54M for side-by-side mansions – Robert Khodadadian

The chiropractor behind the accident victim attorney referral line 1-800-411-PAIN is asking $54 million for two side-by-side Florida mansions he built for himself and identical twin brother. Robert Lewin is selling the mansions at 13000 and 13001 Lewin Lane, which sit on a 7.6-acre estate with a private bass-stocked lake between them, the Wall Street Journal reported. Jill Eber and Jonathan Mann of the Jills Zeder Group at Coldwell Banker Realty have the listing, their 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 …

Newmark brokers $514M “green” construction loan for Boston BioMed – Robert Khodadadian

Boston’s life sciences real estate market is going a bit green. Newmark arranged a $514 million construction loan for Boston BioMed’s Assembly Innovation Park in Somerville, Massachusetts. The financing will cover the first phase of the project, a 12-story, 485,000 square-foot life sciences building. The loan’s conditions don’t stop at interest and terms: The building must meet environmental sustainability standards, incorporating sustainable technologies such as rooftop solar panels to ensure it will be LEED Gold- 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 …

Bruce McCaw’s Northwest estate hits the market at record-setting price – Robert Khodadadian

Bruce and Jolene McCaw are looking to cash out big on their Seattle area estate. The telecom mogul and his wife have listed their Hunts Point property. At $85 million, the listing is the priciest in the history of the Northwest Multiple Listing Service, the Puget Sound Business Journal reported. Windermere Brokers Anna Riley and Denise Niles have the listing. The gated property sits on more than four acres and includes 327 feet of waterfront. 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 …

Hiring by hotels, bars and restaurants behind big July jobs gain – Robert Khodadadian

Robust hiring at hotels, restaurants and bars, as well as in construction and health care, powered an unexpectedly strong jobs increase in July, the government announced Friday. Those industries accounted for 43 percent of the 528,000 gain. The unemployment rate fell to 3.5 percent, according to government data released Friday, despite Federal Reserve actions to cool the economy with higher interest rates. “This is not a picture of an economy in recession,” said chief economist 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 …

AG nails landlord for breaking rent law, promises more to come – Robert Khodadadian

Ink Property Group and three of its principals will pay up to $1.75 million to settle claims by state Attorney General Letitia James that they duped rent-stabilized tenants out of leases, illegally deregulated units and falsified financial documents to secure bank loans. But for now, Ink is on the hook for only a fraction of that. The firm has shelled out $300,000 to a state affordable housing fund and promised $400,000 to the tenants who 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 …

Barnett: Central Park Tower will fall short of $4B sellout – Robert Khodadadian

Another Central Park Tower pad has sold for far less than its original ask, and developer Gary Barnett recognizes his supertall isn’t going to achieve the lofty sellout he once envisioned. The latest sponsor unit to sell at Billionaires’ Row’s tallest skyscraper went for $43 million, the Wall Street Journal reported , 33 percent less than the $63.8 million Barnett’s Extell Development originally sought when it placed it on the market in 2019. The anonymous 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 …

New development sales plummeted 30% in July – Robert Khodadadian

Sales of new condominiums in July evoked the Tom Petty classic “Free Falling” — and it’s developers who are home with broken hearts. New development contract activity plummeted 30 percent last month, dipping below pre-pandemic levels for the first time all year. Developers reported 188 deals across the city, 37 percent fewer than in July 2019, according to a report by Marketproof. “There was one day in July where the contract numbers were so low 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 …

Queens BP turns on industry, rejects Silverstein’s $2B Queens project – Robert Khodadadian

Real estate thought it had an ally in Queens Borough President Donovan Richards. Maybe not. Richards on Thursday night recommended against allowing a $2 billion Queens megaproject by Silverstein Properties, BedRock Real Estate Partners and Kaufman Astoria Studios. The thumbs-down on Innovation QNS comes on the heels of a 917-unit, half-affordable Harlem proposal being killed by the local Council member. In a lengthy statement detailing his reasons for disapproval, Richards highlighted affordability and neighborhood character. 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 …

Zillow brushes off Citysnap threat, says agent advertising will fall – Robert Khodadadian

Zillow Group sees dark clouds on the horizon for its agent-advertising business. The company predicted that a slowdown in home sales – in part due to a spike in mortgage rates – would hit one of its core businesses. “Agents saw demand go down and longer cycles for their customers to close,” Zillow CFO Allen Parker said on the company’s second-quarter earnings call Thursday. “Their natural reaction at a time like this is to reduce 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 …

Isaac Hager seeks bankruptcy for Penn Plaza stake, but Churchill resists – Robert Khodadadian

Cornell Realty Management’s Isaac Hager is back in bankruptcy court — this time over his minority stake in a Midtown building that has been trying to keep out of foreclosure. An entity through which Hager owns a 15 percent stake in Churchill Real Estate’s Penn Plaza building at 257-263 West 34th Street filed for Chapter 11 bankruptcy in Brooklyn on Wednesday. PincusCo first reported the filing. FIA Capital Partners’ David Goldwasser, a bankruptcy specialist who 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 …

Sell, sell, sell: Lack of listings dampens Elliman earnings – Robert Khodadadian

Despite having very few homes to sell, Douglas Elliman agents were able to scrounge up enough sales to produce a modest profit for the brokerage in the second quarter. The company, which spun off from parent Vector Group last year, reported revenues of $364.4 million for the quarter, a 7 percent decline from the same period last year, when the housing market was at dizzying heights. Still, its revenues outpaced its expenses, with Elliman reporting 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 …

After iBuying debacle, Zillow partners with Opendoor – Robert Khodadadian

Zillow and Opendoor were once competitors in the iBuying space. Now they’re teaming up. The companies said Thursday they’ve formed a multi-year partnership to essentially feed Zillow users to Opendoor’s iBuying platform by allowing sellers on Zillow to request an offer from Opendoor to purchase their home. Sellers can take the Opendoor offer as a standalone deal or combine it with other Zillow offerings including financing, closing and agent selection. Opendoor president Andrew Loh Ah 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 …

RXR sues insurers over infectious disease coverage – Robert Khodadadian

RXR Realty was prepared for the pandemic, but its insurers weren’t, and now it says it’s owed over $60 million. In a lawsuit filed in state Supreme Court this week, Scott Rechler’s RXR alleges seven insurance providers denied its claims for business interruption coverage due to public health emergencies, despite the firm having purchased “all-risk” policies, Bisnow reported. RXR is seeking more than $61 million in damages for losses the commercial real estate giant incurred 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 …

Witkoff, Apollo get construction financing for DoBro rental tower – Robert Khodadadian

Steve Witkoff and Apollo are ready to build Downtown Brooklyn’s latest rental tower thanks to a large construction loan from Bank of America. Witkoff and Apollo Commercial Real Estate Finance nabbed $388.4 million to build a 51-story, 591-unit tower off of Fulton Street and DeKalb Avenue. The project, known as The Brook, will total 448,000 square feet, including more than 30,000 square feet of retail across two adjacent sites. The western parcel at 565 Fulton 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 …

Redfin’s second quarter slowed with the weakened housing market – Robert Khodadadian

Redfin is among the brokerages feeling the burn in recent months as mortgage rates increased, inventory shrunk and prices increased to push homebuyers out of the market. “The housing market took a turn for the worse in the second quarter,” said Redfin CEO Glenn Kelman in an earnings call with investors Thursday, citing the diminished conditions for the company’s poor second quarter performance. “Even as the housing market weakened our results, Redfin has gotten stronger,” 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 …

Pam Liebman and Glenn Kelman want to buy your house – on TV – Robert Khodadadian

Two decades after succeeding Barbara Corcoran as CEO of Corcoran Group, Pamela Liebman is following the brokerage’s founder to Hollywood. This fall, Liebman will make her reality TV debut on Netflix’s “Buy My House,” the streaming service said this week. Picked up for six 30-minute episodes, the show will have a distinctly “Shark Tank” vibe: Four real estate mavens listen as homeowners pitch their properties, then decide whether they want to buy them as investments. 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 …

Zar family secures $100M refi on Soho office, retail properties – Robert Khodadadian

As retail leasing heats up in Soho, the Zar family secured $100 million to refinance a pair of commercial assets in the trendy downtown neighborhood. Safra National Bank provided the financing to Zar Property NY on 42 Greene Street and 90 Grand Street, records filed Thursday show. The debt replaces a $70 million mortgage provided by Safra in 2014. Representatives for Safra and Zar could not be immediately reached for comment. The Zar family’s company 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 …

Sol power: Megalandlord’s property empire subject of exhibit at the Tate – Robert Khodadadian

In the days before ACRIS and internet sleuths, Sol Goldman’s Manhattan property empire was cloaked in near-total secrecy, its only paper trail lying unassembled inside the dusty filing cabinets of the New York county clerk’s Office. In 1972, at the height of Goldman’s dominance and notoriety, Hans Haacke decided to piece it all together. Building by building, Haacke, a German-born artist, sketched a treasure map documenting the location, purchase price and ownership entities of the 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 …

He’s lost his biggest star, but Nest Seekers’ Eddie Shapiro is charging ahead – Robert Khodadadian

Seated at his black marble desk, a large, black-and-white photograph of a roaring lion dominating the wall behind him, Eddie Shapiro was blunt. “That’s insane,” the Nest Seekers International founder told one of his brokers over speakerphone.  The agent had secured a $110 million offer for a home in the Hamptons, but the sellers were adamant that they could get at least $140 million. Shapiro disagreed and instructed the broker to arm himself with data 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 …

Hamptons rental where fire killed 2 skipped safety inspection – Robert Khodadadian

Details are beginning to emerge about the Hamptons rental property where two sisters were killed in a fire this week. The cause of the fire remains under investigation, but an official with the Town of Southampton said Wednesday that no valid rental permit was on file for the house in Noyack, Newsday reported. Town rental permit applications come with either a safety inspection from the town or a licensed professional contracted by the homeowners. It 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 …

“We’re in the eye of the hurricane”: Sternlicht eyes growth in economic turmoil – Robert Khodadadian

Against soaring inflation and interest rates, a global economic slowdown and trillions of dollars wiped from the stock and crypto markets, billionaire Barry Sternlicht believes real estate has “held up well” this year. But despite an upbeat second-quarter earnings report, the chairman and CEO of Starwood Property Trust and Starwood Capital Group said he is proceeding with caution. “The markets are expecting rates will fall sometime in the middle of next year. I agree 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 …

Tavros, Charney plan 55-story rental on long-stalled site – Robert Khodadadian

A Long Island City site where a developer once envisioned Queens’ largest hotel could soon give rise to one of the borough’s tallest apartment towers instead. Tavros Capital and Charney Companies closed on the long-stalled development site at 24-19 Jackson Avenue for $68.3 million, records show. Together with a neighboring parcel owned by Tavros and Charney at 45-03 23rd Street, the property forms a triangular assemblage in the neighborhood’s Court Square area, where the joint 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 …

Want to join Safra’s private club at GM Building? It’ll cost you $125K – Robert Khodadadian

If WeWork isn’t luxurious enough, Edmond Safra has an alternative. Safra and restaurateur Juan Santa Cruz are taking the 37th floor of Boston Properties’ GM Building for its private club, known as Colette. Bloomberg reported the club will open in March as a co-working space for the rich. The hedge funder has an ownership stake in the GM Building, likely a big help for securing the space. Those wanting the luxury office space better be 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 …

CRE investment sales hit $21B in first half of 2022: report – Robert Khodadadian

Commercial real estate investment sales started strong in the first half of the year. The next half of 2022, however, may be a different story. New York City investment sales rose 99.1 percent year over year in the first half, according to data from Cushman & Wakefield reported by the Commercial Observer. Investment sales in the first half reached a total volume of $21.6 billion. Volume slowed slightly in the second quarter, though, when there 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 …

Good news for WeWork: It only lost $635M last quarter – Robert Khodadadian

WeWork lost $635 million in the second quarter — and that’s welcome news for the co-working company. It reported on Wednesday that losses improved 31 percent from a year before and that revenue grew 37 percent to $815 million. WeWork, which went public last year through a SPAC, has focused on cutting expenses and becoming profitable. Last year, WeWork CEO Sandeep Mathrani said he expected the company to start making money sometime in 2022. Barring 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 …

Locals fear homeless shelter king will gentrify East New York – Robert Khodadadian

A proposal by controversial developer David Levitan has residents of an East New York housing complex concerned. Levitan is planning two 14-story buildings to replace the two-story brick buildings of Arlington Village, City Limits reported. The property owner presented a plan for the modern, glass buildings to the community board in the fall and is planning to seek new zoning to build it. East New York is one of the poorest neighborhoods in the city, 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 …

Planet Fitness filling Long Island’s retail vacuum – Robert Khodadadian

Long Island residents are up in the gym just working on their fitness. The proliferation of a discount chain is their witness. Planet Fitness is poised to continue its expansion via retail vacancies across Long Island across this year, opening six new locations in 2022, Newsday reported. Several have already debuted, and more will launch in the coming months. The chain has increased its reach in Nassau and Suffolk counties in the past few years, 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 …

Metaverse land prices down 80% in six months – Robert Khodadadian

The digital environs of the metaverse are not enough to protect virtual property owners from a downturn towards reality. After surging in the fall, metaverse real estate values are plummeting, The Information reported. The drop in value and sales volume comes alongside a similar drop in the value of cryptocurrency and NFT prices in recent months. Metaverse real estate trade volume rose in November, following Facebook’s rebrand to Meta Platforms. The rebrand highlighted the metaverse’s 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 …

Capital One ups deposit at L&L’s 114 Fifth Avenue – Robert Khodadadian

What’s in your wallet? For Capital One, it’s more office space in New York City. The bank expanded to 117,000 square feet at 114 Fifth Avenue in the Flatiron District, Bloomberg reported. The bank is expanding across three floors at the property, bringing its total footprint to about a third of the L&L Holding Company building. Capital One planted its flag at the property in 2015, signing a lease for slightly fewer than 40,000 square 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 …

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robert khodadadian

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