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Posted: December 14, 2010
Ivan Hakimian, Itzhaki Properties
Ivan Hakimian
Itzhaki Properties
What was your most notable project, deal or transaction in 2010?
Most notable deals of 2010- I sold 5 W 91st St. for $16.75 million, 48 unit elevator off of Central park, I sold 34 W 65th St., 48 Unit Elevator off of Central Park for $14 million as well as 1024 Lexington, 25,000 s/f building for 24.5 million.
What predictions do you have for commercial real estate in 2011?
I believe we are going to see a ton of deal flow in 2011. 2010 is ending very strong with multifamily stronger leading the pack. I believe we are going to see more development sites coming back into play as well with the loosening of financing for land deals.
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