Fairstead claims ex-partner inflated billion-dollar deal – Robert Khodadadian

, Fairstead claims ex-partner inflated billion-dollar deal – Robert Khodadadian, Robert Khodadadian

Affordable housing giant Fairstead launched another lawsuit last week against its co-founder-turned-competitor Will Blodgett. Fairstead calls Blodgett’s new firm, Tredway, a “copycat company” built on stolen information. The firm accuses Blodgett and his associates of lifting Fairstead contacts, data, deal leads and models in 2020 and 2021 as they geared up to start their own shop. At the time of the filing, Fairstead and Blodgett were already suing each other over many of the same

 Affordable housing giant Fairstead launched another lawsuit last week against its co-founder-turned-competitor Will Blodgett. Fairstead calls Blodgett’s new firm, Tredway, a “copycat company” built on stolen information. The firm accuses Blodgett and his associates of lifting Fairstead contacts, data, deal leads and models in 2020 and 2021 as they geared up to start their own shop. At the time of the filing, Fairstead and Blodgett were already suing each other over many of the same
The post Fairstead claims ex-partner inflated billion-dollar deal appeared first on New York.  Development, Home Page, Affordable Housing, fairstead capital, jonathan tisch, Multifamily, Real Estate Lawsuits 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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