News: Spotlight Content

Polsinelli, Khodadadian join Eastern Consolidated

Investment sales veteran Adelaide Polsinelli has joined Eastern Consolidated as a senior director to focus on a broad and diversified range of investment opportunities. Teaming with her will be Robert Khodadadian, who previously had been heading his own commercial real estate brokerage, Skyline Properties, for the past 8 years. Khodadadian has been named an associate director. "We are very excited to welcome both Adelaide and Robert to our company during this exciting growth period when our specialty-off-market commercial real estate deals-have turned red-hot," said Daun Paris. During her 25-year career, Polsinelli, who most recently served as an associate vice president at Marcus & Millichap, has sold over 800 properties, totaling over $4 billion in sales. Among Polsinelli's most noteworthy transactions include the Children's Wear office building in Midtown, the Stefano Ricci retail flagship on Park Ave., the famed Knitting Factory building in Tribeca, the Le Figaro Café building on Bleecker St., the Interior Design Building in Midtown East, the former Chemist Club which is now the Dylan Hotel on 41st St., a 10-building/multifamily package in Astoria, and the development site now known as Eastbridge Landing at First Avenue and 34th St. She is also credited with a $200 million hotel development on Broadway in midtown. At Skyline Properties, Khodadadian specialized in "quiet deals"-off market transactions designed to provide a seller with total discretion and a buyer with a valuable asset. He was involved in nearly $100 million worth of these transactions involving a wide range of property types, including commercial, multi-family and mixed use buildings. Polsinelli and Khodadadian are members of the Real Estate Board of New York. Founded in 1981, Eastern Consolidated is one of the country's preeminent full-service real estate investment services firms, combining an unrivaled expertise in the greater New York marketplace with a worldwide roster of institutional and private investor clients. Over the years, it has been responsible for the acquisition, disposition and finance of all types of properties, including office and apartment buildings, lofts, factories, hotels, shopping centers, commercial and residential development sites, taxpayers, parking garages and lots, retail condominiums and air rights transfers. # # # 03/12
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