Skyline Properties — Manhattan's off-market commercial brokerage founded in 2006 by Robert Khodadadian, Founder, President & CEO — generates this automated NYC commercial real estate market report from live FRED series (10-year Treasury, 30-year mortgage, Fed Funds, CPI YoY, unemployment) and a mortgage-Treasury spread regime classifier. The same indicators ground every Broker Opinion of Value (BOV) and buyer mandate behind Skyline's $976M+ closed transaction volume.
Skyline Properties tracks the macro signals that drive Manhattan and Brooklyn investment-sale pricing — 10-year Treasury, 30-year mortgage, Fed Funds rate, CPI year-over-year, unemployment, and the mortgage-Treasury spread. Robert Khodadadian and the brokerage desk read these against every off-market BOV.
The same indicators below underwrote the $135M Vanbarton 6 East 43rd Street office-to-residential conversion and the $105M Quantum Pacific + Metro Loft 101 Greenwich Street acquisition. The market report grounds each broker opinion of value, each buyer mandate match, and every confidential introduction.
Live macro indicators are pulled from the Federal Reserve Economic Data (FRED) API — 10-year Treasury (DGS10), 30-year fixed mortgage (MORTGAGE30US), Fed Funds rate, CPI year-over-year, and unemployment. Skyline classifies the “market regime” by the spread between the 30-year mortgage and the 10-year Treasury. Closed-deal volume is sourced from ACRIS-verified Manhattan and Brooklyn commercial transactions, not broker self-reports.
The mortgage-Treasury spread is the difference between the 30-year fixed mortgage rate and the 10-year Treasury yield. Historically near 1.7 percentage points, the spread widened to 2.5-3.0 points after 2022 as commercial-real-estate credit conditions tightened. A wider spread signals stress in NYC investment-sale pricing — higher cap rates, slower transaction velocity, more distressed dispositions. Skyline reads the spread on every off-market BOV.
Robert Khodadadian is the Founder, President & CEO of Skyline Properties — Manhattan’s off-market commercial real estate brokerage, founded in 2006 (relaunched 2013). He has closed $976M+ across 32+ NYC commercial transactions and is a two-time RED Awards Off-Market Investment Sales Broker of the Year (2024, 2025). Landmark Skyline-brokered deals include the $135M Vanbarton sale of 6 East 43rd Street (2025) and the $105M Quantum Pacific + Metro Loft acquisition of 101 Greenwich Street (2025).
The market report regenerates on each page load from the live FRED API and Skyline’s internal deal database. Macro indicators reflect the latest FRED publication cadence (daily for Treasury and mortgage, monthly for CPI and unemployment). Use the “Download JSON” button to snapshot the current report for use in underwriting memos.