commercial Real Estate ground leases off market broker off market real estate Robert Khodadadian on Quiet Deals Skyline Properties

The bickering bros: Jemals escalate battle over portfolio – Robert Khodadadian

The Real Deal LogoSUBSCRIBESIGN INNEW YORKSOUTH FLORIDALOS ANGELESSAN FRANCISCOCHICAGOTEXASNATIONALNEWSMAGAZINERESEARCHEVENTSPODCASTVIDEOPARTNERSSHOPNewsletterFacebookTwitterYouTubeInstagramLinkedinTRENDING:DevelopmentConnecticutTristateCommercial Real EstateResidential Real EstateACRE0.34%AMT2.03%COLD0.29%DLR1.10%CUBE0.59%STOR0.05%STAG0.63%IIPR2.26%AHT0.51%AKR2.10%AVB1.15%CBRE0.60%CIGI0.48%CLPR0.29%CWK0.04%DRH0.68%ELS0.28%EQR1.21%ESRT0.07%EXPI0.96%GNL1.87%HOV2.69%LTC0.45%MET1.10%MMI0.21%NMRK0.06%PGRE0.73%PK1.18%PURP.L0.48%RDFN7.06%REG2.02%RMAX1.19%SLG1.69%SPG-PJ0.01%STWD0.07%TOL0.98%VGR1.20%VNO0.92%Z0.34%These projects survived the 421a apocalypseREBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth AvenueREBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth Avenue (Getty REBNY Think! Architecture & Design The Hudson Companies)These projects survived the 421a apocalypseMortgage applications surge 25% in the new year as interest rates drop(Photo Illustration by Steven Dilakian for The Real Deal with Getty)Mortgage applications surge 25% in the new year as interest rates dropChera family SPAC is back on the huntFrom left: Crown Proptech Acquisitions' Richard Chera CIIG Partners' Gavin Cuneo and Michael Minnick (Getty CIIG Partners)Chera family SPAC is back on the huntHusband charged with murder of Tishman Speyer execA photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty LinkedIn)Husband charged with murder of Tishman Speyer execShahs of Sunset Park: Maguire Watermark acquire massive Brooklyn dev siteMarvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)Shahs of Sunset Park: Maguire Watermark acquire massive Brooklyn dev siteGET TRD HEADLINES IN YOUR INBOXSIGN UPLATEST NEWSMacerich's Thomas O’Hern with 3065 NY-50 (Google Maps Getty Macerich)Macerich eyes residential component for upstate mallBy TRD Staff | January 18 2023 01:00PMMacerich’s Wilton Mall in Saratoga Springs is wilting but its plan to add luxury homes isn’t germinating with the...Macerich eyes residential component for upstate mallD.R. Horton's Donald Horton with The Church of the Visitation and the Diocese of Trenton (D.R. Horton Alchetron Getty)D.R. Horton in contract for 31 acres of NJ woodlandsBy TRD Staff | January 18 2023 12:00PMNew Jersey’s hottest development drama is Breton Woods where 31 acres of woods are caught between a church a...D.R. Horton in contract for 31 acres of NJ woodlandsRedfin's Glenn Kelman (Redfin Getty)NationalGlenn Kelman: Redfin should have shuttered “risky” iBuying earlierBy TRD Staff | January 18 2023 11:15AMGlenn Kelman has at least one regret from a tumultuous 2022: keeping his company’s iBuyer going as long as...Glenn Kelman: Redfin should have shuttered “risky” iBuying earlier(Photo Illustration by Steven Dilakian for The Real Deal with Getty)NationalMortgage applications surge 25% in the new year as interest rates dropBy Holden Walter-Warner | January 18 2023 09:50AMA drop in U.S. mortgage rates last week appeared to open the door for those who had purchases and...Mortgage applications surge 25% in the new year as interest rates dropBrickless brings its high-tech construction method to Fort MyersNational SponsoredBrickless brings its high-tech construction method to Fort MyersDecember 28 2022 11:00AMBrickless is supporting the American construction industry with its innovative high tech building method and competitive pricing. The Real...Brickless brings its high-tech construction method to Fort Myers(Photo Illustration by Steven Dilakian for The Real Deal with Getty)Manhattan retail market rises again but momentum wanesBy Holden Walter-Warner | January 18 2023 08:45AMThe Manhattan retail market continued its upward swing in the fourth quarter — barely. Across 16 of Manhattan’s shopping...Manhattan retail market rises again but momentum wanesMontgomery Street Partners’ Luke Pak with 353 West 57th Street (Montgomery Street Partners Google Maps Getty)Washington Heights apartments sell for $16M leading quiet week for i-salesBy Pat Ralph | January 18 2023 08:00AMThe city’s sluggish investment sales market all but paused last week with just four deals for commercial properties valued...Washington Heights apartments sell for $16M leading quiet week for i-salesPhoto illustration of Pacaso's Austin Allison (Illustration by Kevin Rebong for The Real Deal)NationalPacaso’s Austin Allison on the who what and why of co-ownershipBy Hiten Samtani | December 13 2022 08:45AMPacaso is in the eye of two torrential storms. The housing market is one of the most turbulent in...Pacaso’s Austin Allison on the who what and why of co-ownershipREBNY’s Basha Gerhards with 1727 Amsterdam Avenue and 806 Ninth AvenueThese projects survived the 421a apocalypseBy Suzannah Cavanaugh | January 18 2023 07:00AMIt was no surprise when project filings for multifamily buildings nosedived 59 percent in the five months after the 421a tax abatement expired June 15. The surprise rather was that developers were starting new...These projects survived the 421a apocalypseTOP VIDEOSThe "unglamorous" side of influencing | SF ConfidentialPlay VideoThe "unglamorous" side of influencing | SF ConfidentialNOW PLAYINGCity National Bank Charts New Territory in 2023Real Estate News You May Have Missed Last Weekend! | TRD NewsBernie Madoff’s Upper East Side penthouse pulled off marketCapturing all sides of San Francisco | SF ConfidentialHow Thermador sets the trend for luxury in South Florida development | TRD Brand StudioRyan Serhant's Offer To BHS brokers ruffles feathersApple Takes A Bigger Bite Out of U.S. Office SectorWATCH: What's happening with Noncompetes?George Santos Controversy Shines Light on Rent Relief ExploitationThe Lion King: Can Robert Rivani Conquer Miami's Restaurant JungleRetail's reckoning: Top U.S. shopping destinations on selling spreeHusband under investigation over disappearance of Tishman Speyer exec.Anywhere Announces Another Round of LayoffsJay Parker explains the South Florida Market | TRD Brand StudioUrban Umbrella CEO explains why scaffolding needs a new look | Coffee TalkWhere are they now: pre-pandemic development projectsCan co-ownership of second homes be a viable business? An interview with Pacaso CEO Austin AllisonHow builders secure the bag and their teams | The BlueprintThese are the pricest home sales in Chicago this yearThese real estate characters are small-screen favoritesMiky Grendene on hospitality-branded developments Ora by Casa Tua in Brickell and barefoot luxuryAre we in a recession? | TRD ExplainsWhy brokerage in the U.S. is a "more respectful profession" | SF ConfidentialInside the new Domino Sugar RefineryFinding the "secret sauce" for selling real estate | SF ConfidentialMarcus Lemonis on entrepreneurship generational wealth and more | Coffee TalkHow to start out as a real estate broker | SF ConfidentialBillionaire Related moguls Steve Ross and Jorge Perez splitBuilding Class-A office South of Fifth | Inside the Thermador Green RoomAs commuters come back developers jump on transit-oriented sites | Inside the Thermador Green RoomWhere does Opendoor go from here? Breaking down iBuying with Mike DelPreteUnderstanding Compass' latest financialsOren Alexander on launching a brokerage for the "truly high end" | Inside the Thermador Green RoomSantiago Arana on expanding through South Florida | Inside the Thermador Green RoomWhy "Wall Street South" may be an "exaggeration" for Palm Beach | Inside the Thermador Green RoomRevisiting South Florida's retail fundamentals | Inside the Thermador Green RoomInternational buyers are "already returning" says Defortuna | Inside the Thermador Green RoomLife after FTX: What happens to the crypto buyer pool now? | Story SpotlightCorcoran CEO Pam Liebman explains the resi market whiplash | Inside the Thermador Green RoomMiami’s next generation of developers | TRD’s 2022 South Florida Showcase + Forum"Miami is the last man standing" for luxury hospitality | TRD's 2022 South Florida Showcase + ForumRyan Serhant on the Snowball Effect & Broker Insanity | Inside the Thermador Green RoomMichael Shvo & Jeff Greene talk opportunities in office | TRD's 2022 South Florida Showcase + ForumRobert Rivani on Rebuilding South of Fifth | Inside the Thermador Green RoomResi execs: "the real pain hasn’t hit" | TRD's 2022 South Florida Showcase + ForumWinter isn't coming for South Florida's developers | TRD's 2022 South Florida Showcase + ForumSan Francisco will "transcend" issues | SF ConfidentialCompass CEO Robert Reffkin on the brokerage's future | TRD's 2022 South Florida Showcase + ForumLarry Hashbarger on SF's shifting cultural centers | SF ConfidentialHow iconic venue AsiaSF came onto the San Francisco scene | SF ConfidentialBehind the political battle to rezone Throgs Neck | Daily Dirt LIVEHochul vs. Zeldin: who's the better candidate for real estate?Could a casino come to Times Square?"Most people want to see more housing " say Sen. Wiener | SF ConfidentialUnderstanding Contracts | The BlueprintBuilding Bio: The History Behind Fifth AvenueAll Eyes On San Francisco | SF ConfidentialAs Seen On... Severance | Inside Bell WorksHow San Francisco Got Into a Housing Crisis | SF ConfidentialThis Week on Deconstruct: in Powell vs. Inflation the Housing Market is a Casualty & moreTRD Explains: Residential InsuranceHow are public resi brokerages doing? | PaydirtA Day in the Life of a ConTech CEOCoffee Talk with Peerage Capital's Miles NadalAs Seen On: SuccessionAsk Me (Almost) Anything: Mauricio UmanskyThese NYC pols can sink your real estate development – or help it swimMiko Marks and Herman Chan talk remote work | SF ConfidentialInside the drama at Compass | The Daily Dirt LIVEHow Miko Marks made her mark on the country scene | SF ConfidentialTRD Explains: Broker TechSF's housing has changed the arts scene | SF ConfidentialThese numbers make or break your real estate development | The BlueprintHow much money can you really make in real estate?Inside the Golden Beach penthouse asking $32M after years on and off the marketInside Adam Neumann's next venture FlowHow JennAir is using sustainability and high-end design to shift the appliance industry forwardBuilding Construction Terms You Must Know | The BlueprintResi giant Compass faces financial reckoningAll About Agent Apps | The Daily Dirt LIVEDamac's Hussain Sajwani talks Surfside plans U.S. expansionInside Design for the FutureWho hurts and who's helped by a real estate market slowdown?Are Miami NYC or San Fran in a housing bubble?Inside the Biggest New Development in Washington HeightsThe housing market is pretty pretty crazy | PaydirtPrivate equity firm Carlyle Group buys up Brooklyn apartment buildingsWhat's a housing bubble? | TRD ExplainsInflation Hits Ground Leases | The Daily Dirt LIVEWhat You Don't Know About Construction | The Blueprint with Eric BrodyAre agents stars or soldiers? Depends on what brokerage you ask | PaydirtSelling on Social: how new media draws in new buyersProptech’s tipping point | TRD's 2022 NYC Showcase + F...A Fireside Chat with Gary Barnett | TRD's 2022 NYC Showcase + ForumDecarbonizing real estate may be the "most important" investment right now | Inside the Green RoomBRP Founder: a deal "has to be done" to save development tax abatements | Inside the Green RoomThe New Kings of New York: NYC's real estate titans and the deals that defined the skylineNew York's renaissance & the long arc of megadevelopment | Coffee Talk with Rob SpeyerWhy Miki Naftali thinks pricing growth will slow | Inside the Green RoomBIG Partner on creating a waterfront park out of a brownfield | Inside the Green RoomSizing Up Development: Moving product and launching new projects | TRD's 2022 NYC Showcase + ForumWhere Gary Barnett is grabbing financing today | Inside the Green RoomHow Queens became the king of new development opportunitiesStar Brokers: is celebrity the key to real estate success?What can Tom Suozzi do for the real estate industry?Todd Glaser on developing dream homes for billionaires | The ClosingWhat’s at stake in the battle over 421a good cause eviction | The Daily Dirt LIVEHigh Times for Retail: Cannabis Businesses Start Looking For SpaceBuilding Bio: The Burj KhalifaCan the single-family home become a commodity? Roofstock thinks so | PaydirtLendlease COO on the next generation of megaprojects | The REInterviewWebinar: 2022 State of The Real Estate Market: East Coast StudyTRD Explains: Mortgage RatesKent Swig Reads from The New Kings of New YorkBrooklyn Tower: The Inside Story Behind JDS' Supertall Skyscraper At 9 Dekalb$13M Flatbush mansion aims to raise the bar for Brooklyn's luxury marketHow Rick Caruso Became A Real Estate BillionaireHow the "New Kings of New York" Took Shape | Coffee TalkWhy do Russian oligarchs by US properties?The Drama Behind the Leaning Tower of New York City at 1 SeaportBuilt differently: How materials science may change our skyline | PaydirtHow Josh Schuster’s Silverback is weathering the stormHow Inflation Impacts Real Estate | TRD ExplainsOffice owners consider converting to condosInside the U.S. properties of Russia's wealthiestBreaking down the Ukraine invasion's potential impact on US real estateHotelier Amar Lalvani on scaling The Standard | The ClosingHow Miami became the least affordable housing market in the nationDisney Gets Into The Development GameRent to own: Wall Street loves this controversial path to homeownership | PaydirtWelcome To The Cryptocracy: Story SpotlightHow Peter Fine went from social worker to major developer to Broadway producer | Coffee Talk with Amir KorangyHas a rezoning remade Inwood?How To Get Ready For Local Law 97Adrienne Arsht Estate Hits The Market For $150 MillionHow New York real estate can lead the fight on climate change | The REInterviewWhat's the fate of the Elizabeth Street Garden?Inside the rental tech ecosystem with RET Ventures’ Chris Yip | The REInterview432 Park's Missing Billionaire | Story SpotlightTRD Explains: DepreciationThe Booms and Busts of Mega-Mansion Developer Mohamed Hadid | Celeb SpecialBSH’s luxury brands are set to dominate the home appliance market in 2022How Does An "Uninhabitable" House Sell for $2M?There's a new adminstration in NYC. What does that mean for real estate?Last Mile-High Club: Drivers of industrial real estate's boom | PaydirtThese are the 5 biggest sales in the Hamptons in 2021The Landscape for Construction Tech in 2022 | PaydirtThese Are The Biggest New Developments Filed in NYC in 2021City National Bank CEO Gonzalez: CNB is positioned to be a catalyst for Florida’s economic boomBuilding Biographies: The Sears TowerRents Stay High As Luxury Retailers ReadjustRetail rebounds for the holidaysONE Sotheby’s Pros Leverage South Florida’s “Explosive” Real Estate MarketWhat happens when fintech blurs into proptech? | The REInterview with Ryan SimonettiThe Metaverse and Real Estate - What's the Deal? | PaydirtBuilding from Brooklyn to the Caribbean | Coffee Talk with RAL's Robert A. LevineSingle-family rentals: The hottest sector in the real estate marketINSIDE THE NATIONAL ISSUEarrow_forward_iosThe Closing: Thad WongThe Closing: Thad WongThe Closing: Thad Wong“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA“Recipe for fraud”: The alleged scam that rocked South Florida’s biggest HOA(Photo-illustration by Kevin Rebong/The Real Deal)Sizing up LA’s new transfer taxSizing up LA’s new transfer taxSurvivors of the proptech apocalypse share lessons learnedSurvivors of the proptech apocalypse share lessons learnedSurvivors of the proptech apocalypse share lessons learnedBack to reality for Miami’s top residential brokersBack to reality for Miami’s top residential brokersBack to reality for Miami’s top residential brokersThe Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?The Lion King: Can Robert Rivani conquer Miami’s restaurant jungle?arrow_forward_iosFrom left: Crown Proptech Acquisitions' Richard Chera CIIG Partners)Chera family SPAC is back on the huntBy Orion Jones | January 17 2023 07:51PMThe Chera family one of New York’s biggest retail landlords is renewing plans to take a real estate startup public through a merger with a blank-check company — months after a first attempt fell...Chera family SPAC is back on the huntA photo illustration of missing Tishman Speyer executive Ana Walshe and charged husband Brian Walshe (Getty LinkedIn)NationalHusband charged with murder of Tishman Speyer execBy TRD Staff | January 17 2023 04:25PMAuthorities have charged the husband of missing Tishman Speyer executive Ana Walshe with murder WCVB reported. Walsh a 39-year-old...Husband charged with murder of Tishman Speyer exec241 Water Street (Avison Young Getty)Blue Man Group’s Seaport school building hits market for $28MBy Pat Ralph | January 17 2023 04:00PMBlue Man Group has built an entertainment empire on silence. But their landlord hopes to make some noise with...Blue Man Group’s Seaport school building hits market for $28M30 Front StreetOlympia Dumbo penthouse tops Brooklyn luxury contractsBy Sheridan Wall | January 17 2023 03:00PMOlympia Dumbo is back on top of Brooklyn’s luxury contracts. A penthouse unit at 30 Front Street last asking...Olympia Dumbo penthouse tops Brooklyn luxury contracts10750 Oregon Road Southold Town supervisor Scott Russell (Loopnet Town of Southold)Tri-StateMoratorium planned to stop North Fork battery projectBy TRD Staff | January 17 2023 02:00PMIn the North Fork resistance to one development is poised to power a full-blown moratorium against battery storage. Southold...Moratorium planned to stop North Fork battery projectSignature Bank’s Joseph DePaolo and Sam Bankman-Fried (SignatureNY Getty)As Signature severs crypto arm CRE lending to sufferBy Suzannah Cavanaugh | January 17 2023 01:00PMWhen FTX collapsed in November multifamily lender Signature Bank found itself scrambling to reassure investors that its cryptocurrency exposure...As Signature severs crypto arm CRE lending to sufferMarvin Azrak of Maguire Capital and An aerial of 6208 8th Avenue (Google Maps)Shahs of Sunset Park: Maguire Watermark acquire massive Brooklyn dev siteBy Keith Larsen | January 17 2023 11:45AMMaguire Capital and Watermark Capital have acquired the site of a long-stalled megaproject in Brooklyn’s Sunset Park. They hope...Shahs of Sunset Park: Maguire Watermark acquire massive Brooklyn dev siteSortis Holdings' Paul Brenneke Ace Hotel on 20 West 29th Street (Googlwe Maps Sortis Holdings Getty)Ace Hotel operator sold to hospitality firm for $85MBy TRD Staff | January 17 2023 11:00AMA Portland-based hospitality firm now has an ace up its sleeve after picking up the hotel group behind a...Ace Hotel operator sold to hospitality firm for $85MCNB Charts New Lending Territory in 2023National SponsoredCNB Charts New Lending Territory in 2023January 17 2023 07:00AMThe Real Deal caught up with City National Bank’s Jorge Gonzalez on the floor of the South Florida Real Estate Showcase and Forum to learn about CNB’s lending strategy for the next year. In...CNB Charts New Lending Territory in 2023NextABOUT USCONTACT USPRIVACY POLICYSUBSCRIBEADVERTISINGCUSTOMER CENTERCAREERSAll rights reserved © 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc.450 West 31st Street New York NY 10001 Phone: 212-260-1332New York Real Estate News - The Real DealWe use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. click here Ok Got itREAL NEWS REAL DEALS DELIVERED DIRECTLY TO YOUThe Real Deal's newsletters give you the latest scoops fresh headlines marketing data and things to know within the industry.SubscribeBy clicking Subscribe you agree to our Privacy Policy.AllDailyWeeklyUpdatesExclusiveSUBSCRIBE TO ALLDailyRound-up top news and topics for each of the following citiesChicagoDelivering our best headlines of the day Tuesday - SaturdayLos AngelesDelivering our best headlines of the day Tuesday - SaturdayNew YorkOur subscriber exclusive newsletter by Kathryn BrenzelSouth FloridaDelivering our best headlines of the day Tuesday - SaturdaySan FranciscoDelivering our best headlines of the day Tuesday - SaturdayWeeklySelect the newsletter you'd like to receive belowChicagoDelivering our best Chicago headlines on Mondays to your inboxCelebrityDelivering our best Celebrities headlines on Mondays to your inboxCommercialCatch-up on National commercial news every MondayFuture CityFor all things proptech see what the future of citiesHamptonsDelivering our best Hamptons headlines on Fridays to your inboxLos AngelesDelivering our best LA headlines on Mondays to your inboxNew YorkDelivering our best NYC headlines on Mondays to your inboxNationalDelivering our best National headlines on Sundays to your inboxResidentialA round-up of the best residential news stories of the week distributed every TuesdaySouth FloridaDelivering our best Miami headlines on Mondays to your inboxSan FranciscoDelivering our best San Francisco headlines on Mondays to your inboxTri-StateDelivering our best Tri-State coverage on Wednesday to your inboxTexasDelivering our best Texas headlines on Mondays to your inboxTRD UpdatesSelect the newsletter you'd like to receive belowEventsGet notifications regarding TRD and sponsor eventsMarketing UpdatesReceive special offers and product updatesSubscriber ExclusiveSelect the newsletter you'd like to receive belowDaily DirtOur subscriber exclusive newsletterUNSUBSCRIBE TO ALLSUBSCRIBE

A new lawsuit has joined the fray in Steven and Alan Jemal’s long-running feud. Steven filed a lawsuit Monday accusing his brother and his mother, Ruth, of blocking access to financial records for nine companies associated with Jem Realty Management, the Commercial Observer reported. The company controls part of the family’s real estate assets, which include the Alhambra Ballroom in Harlem among other commercial and retail holdings. Overall, the family owns 9 million square feet

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.