Rotem Rosen faces holdout neighbor on Billionaire’s Row – Robert Khodadadian

Already this year, blue-chip developers have battled holdout tenants and holdout sellers — but how about a holdout neighbor? MRR Development, the firm founded by Anand Mahindra, Rotem Rosen and Jerry Rotonda, has spent four years and nearly $100 million building a 10-lot assemblage on the corner on Lexington Avenue between East 56th and 57th streets. But before it can join the glass giants of Billionaire’s Row, the developer needs access to a squat building

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, Billionaires Row, rotem rosen The Real Deal New York Read More