Manhattan’s luxury residential market ended the year with a typical whimper. Just 13 properties asking $4 million or more went into contract last week for a combined volume of $86.1 million, according to Olshan Realty’s weekly report on properties asking $4 million and above. That’s down from a combined volume of more than $224 million recorded the previous week. The previous week’s total of 16 signed contracts marked the second-busiest Christmas week in the last
Manhattan’s luxury residential market ended the year with a typical whimper. Just 13 properties asking $4 million or more went into contract last week for a combined volume of $86.1 million, according to Olshan Realty’s weekly report on properties asking $4 million and above. That’s down from a combined volume of more than $224 million recorded the previous week. The previous week’s total of 16 signed contracts marked the second-busiest Christmas week in the last
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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.
