Albert Reichmann, the patriarch behind the firm that was once New York City’s largest private commercial landlord, has died at 93. The Olympia & York patriarch died on Dec. 17 in his family’s hometown of Toronto, his grandson confirmed to the New York Times. The developer made his name with major bets across the world, including the World Financial Center in Manhattan and the Canary Wharf section of London. He built a family net worth
Albert Reichmann, the patriarch behind the firm that was once New York City’s largest private commercial landlord, has died at 93. The Olympia & York patriarch died on Dec. 17 in his family’s hometown of Toronto, his grandson confirmed to the New York Times. The developer made his name with major bets across the world, including the World Financial Center in Manhattan and the Canary Wharf section of London. He built a family net worth
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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.