Court dismisses developer’s suit over luxe Governors Island spa – Robert Khodadadian

A court dismissed a lawsuit from Stefano Farsura, after the Douglas Elliman agent and investor alleged he was frozen out of his investments in a luxury spa. Italian spa business QC Terme partnered with Farsura in 2011 for an expansion to North America, starting with New York. Under the agreement, Farsura would hold a 22 percent minority stake in the business. Farsura — a managing partner of real estate investment and development firm Colonnade Group

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. Commercial Real Estate, Home Page, Governors Island, NYC Brokers, Real Estate Lawsuits The Real Deal New York Read More

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