Popcorn may soon be popping at the Southampton movie theater, which was sold to a mystery buyer in mid-November. Hill Street Cinema LLC purchased the shuttered cinema for $8 million, Behind the Hedges reported. The limited liability corporation agreed to buy the property in August, when the seller, Southold Properties, was asking for $8.9 million. The movie theater was forced to close its doors at the start of the pandemic and has been unable to
Popcorn may soon be popping at the Southampton movie theater, which was sold to a mystery buyer in mid-November. Hill Street Cinema LLC purchased the shuttered cinema for $8 million, Behind the Hedges reported. The limited liability corporation agreed to buy the property in August, when the seller, Southold Properties, was asking for $8.9 million. The movie theater was forced to close its doors at the start of the pandemic and has been unable to
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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.