The Real Deal New York

Posts Tagged ‘bob knakal’

  • 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]

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  • From left: Dolly Lenz, Bob Knakal, Vishaan Chakrabarti and Kyle Kimball

    From left: Dolly Lenz, Bob Knakal, Vishaan Chakrabarti and Kyle Kimball

    If used correctly, Twitter can be an important way to share real estate news and trends while building one’s brand. Here are 10 accounts that get it. [more]

    3 Comments
  • Bob Knakal

    Bob Knakal

    From the March issue: Robert Knakal calls his move into the realm of mega-deals “a slow and steady progression.” Slow and steady is a bit of an understatement, considering Knakal is co-founder and chairman of the city’s largest local commercial services firm, Massey Knakal Realty Services. [more]

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  • $250M Queens rental portfolio up for grabs

    February 04, 2014 08:27AM
    Bob Knakal and Kew Gardens in Queens

    Bob Knakal and Kew Gardens in Queens

    A large Queens portfolio of rental apartments worth up to $250 million has hit the market, at a time when more big developers are looking to the borough for investment opportunities. Hudson Realty Capital is looking to offload 53 buildings – comprising 1,270 apartments — in the Kew Gardens neighborhood in eastern Queens. [more]

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  • From left: Bob Knakal, 415 Eighth Avenue and Savanna's Nicholas Bienstock and Chris Schlank

    From left: Bob Knakal, 415 Eighth Avenue and Savanna’s Nicholas Bienstock and Chris Schlank

    Real estate private equity company Savanna Partners has inked a deal to sell a corner development site at 415 Eighth Avenue for $65 million, The Real Deal has learned. [more]

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  • hygdgd

    From left: Jeff Kaye, Rob Morgenstern, Bob Knakal and 176 East 3rd Street

    Stone Street Properties, a real estate investment firm founded in 2011 by Jeffrey Kaye and Robert Morgenstern, spent most of its first two years buying up large portfolios of multi-family units from Manhattan landlords such as Robert Koppelman and Icon Realty Management. Recently, though, the start-up has been actively selling off some of its holdings. [more]

    2 Comments
  • smithfield

    Rendering of 215 West 28th Street and Smithfield

    HAP Investment Developers has unveiled its designs for a 117-unit, 21-story apartment building in Chelsea that will replace longtime soccer pub Smithfield. [more]

    8 Comments
  • Massey Knakal turns 25 this month

    November 05, 2013 11:26AM
    From left: Paul Massey and Bob Knakal

    From left: Paul Massey and Bob Knakal

    Massey Knakal Realty Services, one of the city’s top brokerages for small and mid-sized properties, will mark its 25th anniversary this month. The firm currently has $17 billion in total sales with 175 employees, a far cry from the time when the firm only had $15,000 in the bank. Indeed in late 1990, the commercial market was so slow that Knakal and his partner Paul Massey were making cold calls and playing solitaire in the office. [more]

    8 Comments
  • Ben Bernanke

    Ben Bernanke

    Despite sending ominous signals that it would wind down an $85 billion per month bond-buying stimulus program, the Federal Reserve has decided to continue with the program responsible for record low interest rates, the agency’s chairman Ben Bernanke said yesterday. [more]

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  • From left: Bob Knakal, 202 8th Street and Michael Stern

    From left: Bob Knakal, a rendering of 202 8th Street and Michael Stern

    JDS Development and Property Markets Group have sold 202 8th Street to Werber Management for $37.75 million, after nearly fully leasing out the luxury Gowanus rental building. [more]

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  • From left: Perry Finkelman, 215 West 28th Street and Bob Knakal

    From left: Perry Finkelman, 215 West 28th Street and Bob Knakal

    UPDATED, 12:32 p.m., Aug. 22: American Development Group and Langsam Property Services have sold a Chelsea site for about $50 million to a mystery buyer who plans to build a 147-unit residential tower, The Real Deal has learned exclusively. [more]

    2 Comments
  • Bob Knakal and 125 Perry Street

    Bob Knakal and 125 Perry Street

    A 40,000-square-foot West Village parking garage primed for residential conversion is set to hit the market at 125 Perry Street, The Real Deal has learned. [more]

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  • From left: 111 Eighth Avenue, which saw the biggest hike in value, and Stuy-Town, which saw the biggest markdown

    From left: 111 Eighth Avenue, which saw the biggest hike, and Stuy-Town, which saw the biggest slash

    In the city’s eyes, Google’s New York City headquarters at 111 Eighth Avenue saw the greatest jump in so-called market value for the upcoming tax year, according to The Real Deal’s analysis of Department of Finance tax assessments. [more]

    1 Comment
  • 737 Park Avenue, which is being converted into luxury condos by Macklowe Properties

    New York City developers made a madcap dash to secure property sites in 2012, and with prices continually inching upwards, had little option but to build luxury condos, thus leaving renters and those needing affordable housing out in the cold, the New York Times reported.  [more]

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  • Massey Knakal’s Jeffrey Shalom, Brian Hanson and Bob Knakal

    A nine-building beachfront portfolio in South Brooklyn has hit the block for $124 million, the New York Observer reported. The properties span a three-mile strip passing through Brighton Beach, Sheepshead Bay and Gravesend. All in all, the portfolio accounts for some 580,000 square feet and contains 652 rent-stabilized units, which the owner wants to sell in one fell swoop. [more]

    7 Comments
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