“Insanity.” “Unprecedented.” “A whirlwind.” These are a few of the terms used by New York City attorneys to describe the volume of transactions in a hectic past year for the city’s real estate industry. “It’s been kind of almost hard to keep up with deals,” said Miles Borden, a partner at Seyfarth Shaw specializing in commercial real estate. Uncertainty continued to surround office, retail and hospitality properties, but demand for multifamily and industrial assets kept
“Insanity.” “Unprecedented.” “A whirlwind.” These are a few of the terms used by New York City attorneys to describe the volume of transactions in a hectic past year for the city’s real estate industry. “It’s been kind of almost hard to keep up with deals,” said Miles Borden, a partner at Seyfarth Shaw specializing in commercial real estate. Uncertainty continued to surround office, retail and hospitality properties, but demand for multifamily and industrial assets kept
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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.
