Sell or Convert Your NYC Office Building? (467-m) | Skyline Properties
Sell or Convert Your NYC Office Building? (467-m) | Skyline Properties Sell or Convert Your NYC Office Building? With the 467-m abatement reshaping the economics of office-to-residential conversion in New York, owners of underperforming or vacant office buildings face a real fork: convert the asset yourself, or sell it off-market to a converter who pays a premium for the basis. This page is a decision framework — when converting in-house produces the better outcome, when an off-market sale nets more with far less risk, and how to run the numbers. Skyline Properties brokered the $135M off-market sale of 6 East 43rd Street to Vanbarton Group, Manhattan’s largest 2025 conversion. Robert Khodadadian has closed $976M+ since 2006
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