SL Green gets restraining order against HNA at 245 Park Ave – Robert Khodadadian

A federal judge has granted SL Green’s request to prohibit an affiliate of HNA Group from dumping assets to avoid paying it $185 million in their long-running legal dispute over 245 Park Avenue. The REIT obtained a temporary restraining order against the Chinese conglomerate that prevents its entity from selling assets until SL Green receives the $185 million, which was awarded in arbitration. The order was issued last week by Judge John Koeltl of the

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. Commercial Real Estate, Home Page, HNA Group, park avenue, Real Estate Lawsuits, SL Green The Real Deal New York Read More