Robert Khodadadian — Skyline Properties — Manhattan Commercial Real Estate — Off-Market Broker Financial District

The Financial District is undergoing a historic transformation from a purely office-centric neighborhood into a vibrant mixed-use community. With landmark office-to-residential conversions, proximity to the World Trade Center, and improving retail and dining scenes, FiDi presents unique off-market opportunities. Institutional owners often prefer confidential sales to avoid market speculation during repositioning. Skyline Properties closed the $105M+ acquisition of 101 Greenwich Street entirely off-market, demonstrating our deep FiDi expertise.

FiDi's off-market inventory includes Class A and Class B office towers, office-to-residential conversion candidates eligible under 467-m, historic Beaux Arts and Art Deco buildings, ground-floor retail condominiums, and development sites near the waterfront. The neighborhood's large floor plates and pre-war architecture make many buildings prime candidates for residential conversion, a trend that has accelerated significantly since 2020.

Skyline Properties sourced the $105M+ acquisition of 101 Greenwich Street, a 26-story Beaux Arts tower, for Quantum Pacific (Idan Ofer) in partnership with Metro Loft (Nathan Berman). This deal was completed entirely off-market and represents one of the largest confidential transactions in FiDi's recent history. Our Financial District track record spans office buildings, conversion candidates, and mixed-use properties throughout the Wall Street and World Trade Center corridors.

The office-to-residential conversion wave is one of the most significant trends in FiDi commercial real estate. Buildings eligible under New York's 467-m tax incentive program are highly sought after by developers. Off-market transactions are preferred because they allow buyers to conduct conversion feasibility analysis without competing bids driving up prices. Skyline Properties has deep expertise in identifying and brokering conversion-eligible buildings throughout the Financial District.

FiDi attracts institutional investors and private equity firms focused on office-to-residential conversions, family offices seeking value-add office repositioning, international investors drawn to the World Trade Center corridor, and REITs acquiring stabilized multifamily assets in recently converted buildings. Skyline Properties' buyer network includes many of the most active FiDi acquirers, with pre-qualified capital ready to deploy on the right opportunity.