How Flushing became a hotbed for development – Robert Khodadadian

, How Flushing became a hotbed for development – Robert Khodadadian, Robert Khodadadian

If the No. 7 subway line were a rainbow, Flushing would be developers’ pot of gold. Land in the Queens neighborhood is trading like baseball cards, permit applications are pouring in and developments are popping up like mushrooms — interest rates and recession fears be damned. “It’s always been an active market and a place for development,” RIPCO Real Estate’s Stephen Preuss said. “It’s always gonna buck the overall economy as well, where even during

 If the No. 7 subway line were a rainbow, Flushing would be developers’ pot of gold. Land in the Queens neighborhood is trading like baseball cards, permit applications are pouring in and developments are popping up like mushrooms — interest rates and recession fears be damned. “It’s always been an active market and a place for development,” RIPCO Real Estate’s Stephen Preuss said. “It’s always gonna buck the overall economy as well, where even during
The post How Flushing became a hotbed for development appeared first on New York.  Commercial Real Estate, Home Page, condos, Development, flushing, Multifamily Market, Queens 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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