Are FMV rent resets deal killers?
Are FMV rent resets deal killers?

One of the biggest “deal killers” during ground lease negotiations circles around the issue of whether or not to include a rent reset in the ground lease. In general, rent resets are used to protect the landlord (lessor) from inflation which in turn can increase future ground rent paid by the ground tenant (lessee). As a consequence, the lessee is reluctant to accept a rent reset whereby “killing the deal.” However, crafting language to protect both the landlord and tenant can help keep the deal

Why ground lease and why now?
Why ground lease and why now?

The New York Real Estate Journal caught up with Robert Khodadadian, Skyline Properties’ founder, and CEO, for an overview on why the current market conditions have led to the recent resurgence of ground leasing in the city.

Kaufman inking ground lease
Kaufman inking ground lease

Sister act: Kaufman inking ground lease for NoMad office building The Real Deal Skyline Properties Robert Khodadadian Daniel Shirazi

St. Mark’s portfolio under contract
St. Mark’s portfolio under contract

Four-building St. Mark’s Place multifamily portfolio under contract for $44M The Real Deal Robert Khodadadian Skyline Properties

Skyline triples its NYC footprint
Skyline triples its NYC footprint

with its move to the 31st floor in SL Green’s “Daily News Building” to accommodate more space for the firms growing investment sales team

Tenant inks 99-year ground lease
Tenant inks 99-year ground lease

Tenant inks 99-year ground lease for Bargain World spot The Real Deal Skyline Properties Robert Khodadadian

Skyline Properties is an investment sales advisory firm based in Manhattan. Our main focus is to seek out “quiet deals”. These deals are off-market transactions designed to provide the seller with complete discretion while aiding the buyer in obtaining investment quality real estate. Skyline controls and negotiates every stage of the deal, producing win-win transactions causing both the sellers and buyers alike to repeatedly return to Skyline Properties to sell and purchase additional assets.

Skyline Properties handles many different property and deal types, including ground leases, office buildings, commercial buildings, apartment buildings, townhouses, mixed use investment building, mixed use user buildings, live plus income buildings, industrial properties and development/conversion sites. Our staff is experienced in representing properties of all values and are expert in meeting the needs of the most demanding clients.

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Skyline Properties

530 West 25th Street, New York, New York
530 West 25th Street, New York, New York

The Feil Organization is buying an office building in Chelsea that is home to several art galleries for about $72 million, according to sources familiar with the deal. 530 West 25th Street between 10th and 11th avenues and spans 95,000 square feet across seven stories.

236 5th Avenue, New York, NY
236 5th Avenue, New York, NY

99-Year Ground Lease NYC Real Estate - The Real Deal Skyline Properties

711 Madison Avenue, New York, New York
711 Madison Avenue, New York, New York

Sitt Purchases Mixed use with retail tenant Roberto Cavali on Madison Avenue

133-135 Prince Street, New York, New York
133-135 Prince Street, New York, New York

Acadia Closes $50M Buy of Soho Retail Co-ops- The Commercial Observer Skyline Properties

135 West 29th Street, New York, New York
135 West 29th Street, New York, New York

The Kaufman Organization closed on a newly formed ground lease at The Haymarket Building in Manhattan’s NoMad, valued at $34.5 million, Commercial Observer has learned.

4-14 West 125th Street, New York, New York
4-14 West 125th Street, New York, New York

Tenant inks 99-year ground lease for Bargain World spot

rebny, ground lease, robert khodadadian, skyline properties
Kaufman Organization Closes on $35M Haymarket Building Ground Lease
Kaufman Organization Closes on $35M Haymarket Building Ground Lease

The Kaufman Organization closed on a newly formed ground lease at The Haymarket Building in Manhattan’s NoMad, valued at $34.5 million, Commercial Observer has learned.

Skyline Properties NYREJ Company of the Month
Skyline Properties NYREJ Company of the Month

Skyline Properties – Brokering outside the box: Off-market deals, ground leases and customized canvassing

Are FMV rent resets deal killers?
Are FMV rent resets deal killers?

One of the biggest “deal killers” during ground lease negotiations circles around the issue of whether or not to include a rent reset in the ground lease. In general, rent resets are used to protect the landlord (lessor) from inflation which in turn can increase future ground rent paid by the ground tenant (lessee). As a consequence, the lessee is reluctant to accept a rent reset whereby “killing the deal.” However, crafting language to protect both the landlord and tenant can help keep the deal

Feil buys Chelsea office for $72MM
Feil buys Chelsea office for $72MM

The Feil Organization is buying an office building in Chelsea that is home to several art galleries for about $72 million, according to sources familiar with the deal. The property is located at 530 West 25th Street between 10th and 11th avenues and spans 95,000 square feet across seven stories. The Feil Organization partnered on the purchase with Peter Armstrong of Rigby Asset Management.

Ground Lease Resurgence
Ground Lease Resurgence

Resurgence of the Ground Lease: Q&A With Skyline Properties CEO Robert Khodadadian - The Commercial Observer

New York Times Investment Sales
New York Times Investment Sales

This six-story apartment building in the Clinton Hill neighborhood was built in 1939. It has seven one-bedroom units, eight two-bedrooms, 21 three-bedrooms and four four-bedrooms, as well as 16 parking spaces. The building last changed hands in 2012.

Kaufman inking ground lease
Kaufman inking ground lease

Sister act: Kaufman inking ground lease for NoMad office building The Real Deal Skyline Properties Robert Khodadadian Daniel Shirazi

Why ground lease and why now?
Why ground lease and why now?

The New York Real Estate Journal caught up with Robert Khodadadian, Skyline Properties’ founder, and CEO, for an overview on why the current market conditions have led to the recent resurgence of ground leasing in the city.

SKYLINE PROPERTIES

220 East 42nd Street, Suite 3102

New York, New York 10017

Phone: 212.537.9239 

Fax: 212.257.7028

E-Mail: info@skylineprp.com

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