Queens BP turns on industry, rejects Silverstein’s $2B Queens project – Robert Khodadadian

Real estate thought it had an ally in Queens Borough President Donovan Richards. Maybe not. Richards on Thursday night recommended against allowing a $2 billion Queens megaproject by Silverstein Properties, BedRock Real Estate Partners and Kaufman Astoria Studios. The thumbs-down on Innovation QNS comes on the heels of a 917-unit, half-affordable Harlem proposal being killed by the local Council member. In a lengthy statement detailing his reasons for disapproval, Richards highlighted affordability and neighborhood character.

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. Development, Home Page, bedrock real estate partners, Politics, silverstein properties The Real Deal New York Read More