Manhattan’s luxury market kept busy this Christmas, with two pre-war homes each asking $25 million claiming top billing. Buyers signed 26 contracts last week, marking the second-busiest Christmas week in the last decade behind last year’s boom of 42, according to Olshan Realty’s weekly report on residences asking $4 million or more. The peak in activity came as the average discount from last asking price was 20 percent, which report author Donna Olshan said was
Manhattan’s luxury market kept busy this Christmas, with two pre-war homes each asking $25 million claiming top billing. Buyers signed 26 contracts last week, marking the second-busiest Christmas week in the last decade behind last year’s boom of 42, according to Olshan Realty’s weekly report on residences asking $4 million or more. The peak in activity came as the average discount from last asking price was 20 percent, which report author Donna Olshan said was
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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.