The Real Deal New York

Posts Tagged ‘bob knakal’

  • From left: Curtis Bashaw and Bob Knakal

    From left: Curtis Bashaw and Bob Knakal

    Commercial real estate firm Cape Advisors bought six Tribeca properties on West Broadway between Warren and Murray streets for a combined $50 million.

    The company is planning to build a 46,000-square-foot condominium at the location, according to Crain’s. Cape Advisors paid $1,000 per square foot. [more]

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  • Bob Knakal and 3 Bryant Park at 1095 Sixth Avenue

    Bob Knakal and 3 Bryant Park at 1095 Sixth Avenue

    Investment sales transactions in New York City hit a record $20.8 billion in the first quarter of 2015, Cushman & Wakefield said in its quarterly capital markets overview Tuesday. [more]

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  • Bjarke Ingels (Credit: Rich Bockmann) and a rendering of the Danish National Maritime Museum (Credit: Bjarke Ingels Group)

    Bjarke Ingels (Credit: Rich Bockmann) and a rendering of the Copenhagen power plant (Credit: Bjarke Ingels Group)

    Celebrated architect Bjarke Ingels lightheartedly threw a bit of cold water on the egos of developers the other evening as he explained that his design process often begins by going out and searching for problems to be solved. [more]

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  • From left: Aby Rosen, 85 Fifth Avenue and Jeff Sutton

    From left: Aby Rosen, 85 Fifth Avenue and Jeff Sutton

    Aby Rosen’s RFR Realty has closed on the sale of an $86 million retail space on lower Fifth Avenue to Jeff Sutton’s Wharton Properties. [more]

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  • 23-30 Borden Avenue in Long Island City (credit: Cushman & Wakefield)

    23-30 Borden Avenue in Long Island City (credit: Cushman & Wakefield)

    Online grocer FreshDirect is gearing up for its move to the South Bronx and has listed its current waterfront complex in Long Island City. [more]

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  • From left: 123 Washington Street and Joe Moinian

    From left: 123 Washington Street and Joseph Moinian

    UPDATED, 5:26 p.m., Feb. 24: A mixed-use Lower Manhattan tower with a checkered history is looking to sell four floors of residential units currently in use as extended-stay hotel apartments.

    The Moinian Group has put on the market a block of 32 units spanning a little over 19,000 square feet at the W Hotel & Residences, the mixed-use glassy tower at 123 Washington Street that chewed through at least four different sales teams before setting a condo price record for the Financial District. [more]

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  • From left: 3 Bryant Park, the Waldorf Astoria and the Crown Building

    From left: 3 Bryant Park, the Waldorf Astoria and the Crown Building

    The Manhattan commercial investment sales market had a rollicking 2014, with 5,197 properties trading hands, beating the previous record of 5,018 in 2007, according to a year-end report released today by Cushman & Wakefield. [more]

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  • knakal-system

    From left: Bob Knakal and the territories for a portion of Manhattan

    Bob Knakal broke down the strengths of Massey Knakal Realty Services’ trademark investment sales territory system – which The Real Deal first reported that Cushman & Wakefield will soon be adopting for New York investment sales — in a new column.

    Massey Knakal assigned brokers to specific neighborhoods, and each broker was paid a piece of the commission if another broker at the firm originated a deal there. Fine-tuning each territory’s size and configuring the commission-sharing scheme, he said, took “years to get right.”

    [more]

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  • cush-knak

    From left: Bob Knakal and Edward Forst

    Bob Knakal, co-founder and chairman of Massey Knakal Realty Services, will now serve as chairman of New York City investment sales at Cushman & Wakefield following the brokerage’s acquisition of his firm.

    Knakal updated his Linkedin profile today to reflect his new position. Paul Massey, whose Linkedin page has not yet been changed, will oversee the New York City sales brokerage operations for Cushman, as previously reported. [more]

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  • 9-dekalb

    9 DeKalb Avenue in Downtown Brooklyn (inset: Jamie Dimon)

    JPMorgan Chase is putting the former Dime Savings Bank of New York in Downtown Brooklyn on the market for more than $100 million. [more]

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  • knakal-forst

    From left: Bob Knakal, Paul Massey and Edward Forst

    Cushman & Wakefield is close to acquiring investment sales brokerage Massey Knakal Realty Services for $100 million.  [more]

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  • From left: Jumaane Williams, the Albany State House and Bob Knakal

    From left: Jumaane Williams, the New York State Capitol and Bob Knakal

    As real estate industry bigwigs join average New Yorkers at the polls this morning to cast their votes on which party should take control of the state Senate, they’ll have rent regulation, tax abatements and pieds-à-terre in mind. [more]

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  • From left: Robert Knakal and Paul Massey

    From left: Robert Knakal and Paul Massey

    More than 10 firms are interested in acquiring a piece of Massey Knakal Realty Services. [more]

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  • Northwind buys 66 Pearl Street for $30M

    October 29, 2014 06:00PM
    66 Pearl Street and Ran Eliasaf

    66 Pearl Street in Financial District, and Ran Eliasaf

    UPDATED 5:30 p.m., October 31: Northwind Group, a Midtown East-based boutique real estate investment firm, bought 66 Pearl Street for $30.1 million, The Real Deal has learned. [more]

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  • From left: Bob Knakal and a map showing 606 West 30th Street

    From left: Bob Knakal and a map showing 606 West 30th Street

    The owner of a small development site facing the newly-opened section of the High Line is looking to sell, but the property’s zoning requires a buyer who can see the potential in some of the most remote real estate on the Far West Side. [more]

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  • From left: Trevi Retail CIO Johnny McCarthy, 404 East 88th Street, 336 East 81st Street and Bob Knakal

    From left: Trevi Retail’s Johnny McCarthy, 404 East 88th Street, 336 East 81st Street and Bob Knakal

    Trevi Retail has ventured outside its retail investment specialty, buying four Upper East Side residential buildings with no ground-level retail space for nearly $100 million. [more]

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  • GregKraut_BobKnakal

    From left: Greg Kraut and Bob Knakal

    While Mayor Bill de Blasio is catching flack for downplaying a property tax increase for many city homeowners, he seems to be saying very little about a property tax hike on commercial real estate.

    Earlier this week de Blasio reportedly boasted he was proud of the fact that the first budget of his administration lowered the property tax rate on one-, two- and three-family homes by .18 percent. [more]

    2 Comments
  • hudsonspire3

    Hudson Spire rendering (Inset: Jerry Speyer)

    UPDATED, 1:54 p.m., April 30: Tishman Speyer closed on the purchase of Hudson Spire development site as well as two other nearby pieces of land in a $438 million all-cash deal.  [more]

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  • Bob Knakal and

    Bob Knakal and 985-989 Third Avenue

    Major office landlord SL Green is looking to sell a development site on the southeast corner of East 59th Street and Third Avenue directly across the street from Bloomingdale’s department store, The Real Deal has learned. [more]

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  • Clockwise from top left: Bob Knakal, 2835-2875 Ocean Avenue in Sheepshead Bay and Aaron Jungreis

    Clockwise from top left: Bob Knakal, 2835-2875 Ocean Avenue in Sheepshead Bay and Aaron Jungreis

    The final building in a nine-property South Brooklyn portfolio sold for $31.5 million, according to property records filed with the city today. The 160,000-square-foot, 200-unit rental building, which was asking $34 million, is located at 2835-2875 Ocean Avenue, four blocks from Sheepshead Bay.

    Meridian Properties, which owns buildings in several Brooklyn neighborhoods, is the buyer. Massey Knakal Realty Services’ Bob Knakal and Alex Svetlakou handled the transaction for the seller, an LLC listed as Davis Management Associates. Rosewood Realty Group’s Aaron Jungreis represented Meridian. [more]

    2 Comments
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