Here’s how water is holding up Arizona’s largest-ever planned community – Robert Khodadadian

, Here’s how water is holding up Arizona’s largest-ever planned community – Robert Khodadadian, Robert Khodadadian

Teravalis, the Howard Hughes Corporation project proposed for 37,000 acres in the desert west of Phoenix, has a water problem. Really, most developments in the Southwest do, as the New York Times reports. Climate change and a more than 20-year drought in the region that spans Arizona, Colorado, Utah, New Mexico and California, have turned water supply into a great source of grief for real estate developers. In Arizona, temperatures are rising and water supplies

 Teravalis, the Howard Hughes Corporation project proposed for 37,000 acres in the desert west of Phoenix, has a water problem. Really, most developments in the Southwest do, as the New York Times reports. Climate change and a more than 20-year drought in the region that spans Arizona, Colorado, Utah, New Mexico and California, have turned water supply into a great source of grief for real estate developers. In Arizona, temperatures are rising and water supplies
The post Here’s how water is holding up Arizona’s largest-ever planned community appeared first on New York.  Home Page, Residential Real Estate, Arizona, Climate Change, Howard Hughes 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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