The sky isn’t falling as we enter 2023 when it comes to real estate, but there aren’t a whole lot of rainbows up there, either. A number of stories last week point to the year shaping up to be a rough one. Compass, the No. 1 residential brokerage firm in the U.S. in terms of sales volume, announced it’s subletting its corporate headquarters — with its agent-facing offices to remain open — while also engaging
The sky isn’t falling as we enter 2023 when it comes to real estate, but there aren’t a whole lot of rainbows up there, either. A number of stories last week point to the year shaping up to be a rough one. Compass, the No. 1 residential brokerage firm in the U.S. in terms of sales volume, announced it’s subletting its corporate headquarters — with its agent-facing offices to remain open — while also engaging
The post Layoffs, sluggish markets signal rough start to 2023 appeared first on The Real Deal New York. Cross Post, Home Page, Residential Real Estate, Commercial Real Estate, compass The Real Deal New York
Lead by real estate veteran Robert Khodadadian, Skyline Properties 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.
