Inside Slate’s under-the-radar homeless shelter play – Robert Khodadadian

, Inside Slate’s under-the-radar homeless shelter play – Robert Khodadadian, Robert Khodadadian

Back in the fateful year of 2020, multifamily investor and developer Slate Property Group was looking to pivot. David Schwartz, the firm’s principal and co-founder, told that summer that Slate wanted to focus on affordable housing, including temporary apartments for homeless people, given New York City’s growing need. Nearly two and a half years later, property records show the firm has quietly executed that plan. Slate has spent roughly $320 million acquiring

 Back in the fateful year of 2020, multifamily investor and developer Slate Property Group was looking to pivot. David Schwartz, the firm’s principal and co-founder, told that summer that Slate wanted to focus on affordable housing, including temporary apartments for homeless people, given New York City’s growing need. Nearly two and a half years later, property records show the firm has quietly executed that plan. Slate has spent roughly $320 million acquiring
The post Inside Slate’s under-the-radar homeless shelter play appeared first on New York.  Development, Home Page 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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