Landlords bitten by program intended to feed them – Robert Khodadadian

When New York’s rent relief program launched early last summer, landlords saw a light at the end of the tunnel. For owners June and Lance Margolin, it had been eight months since they’d received a payment from the tenant renting an apartment in their Long Island home. The program, flush with $2.4 billion, promised to cover the tens of thousands of dollars their renter owed. A year later, those hopes have turned to despair. The

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. Home Page, Politics, Commercial Real Estate, Community Housing Improvement Program, Evictions, Kathy Hochul The Real Deal New York Read More