Judge confirms $185M arbitration award for SL Green – Robert Khodadadian

SL Green has secured another victory in its long-running dispute with the HNA Group at 245 Park Avenue. A judge confirmed that HNA must pay SL Green the $185 million awarded in arbitration. The amount represents SL Green’s investment in 245 Park Avenue and other fees. It stemmed from HNA allegedly breaching agreements regarding SL Green’s initial investment and terms of guarantee. In the order filed Monday, the judge said that the SL Green affiliate

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, HNA Group, Midtown, park avenue, Real Estate Lawsuits, SL Green Realty The Real Deal New York Read More