The Real Deal New York

Posts Tagged ‘massey knakal realty services’

  • CushWake looking for new HQ

    June 08, 2015 03:07PM
    Cushman Wakefield HQ

    From left: 1271 Sixth Avenue and 1290 Sixth Avenue in Midtown (inset: Ron Lo Russo)

    Fresh off its mega-merger with DTZ, commercial brokerage Cushman & Wakefield is on the hunt for a new 300,000-square-foot global headquarters in New York City. [more]

  • Cushman & Wakefield

    From left: Brett White, Tod Lickerman and Edward Forst

    Ratings agency Moody’s has revised its outlook on DTZ to negative from stable in wake of the commercial real estate firm’s acquisition of Cushman & Wakefield.

    While Moody’s affirmed DTZ’s ratings, the revised outlook “reflects the potential for increased financial leverage, as well as integration risks associated” with the Chicago firm’s $2 billion merger with New York-based Cushman & Wakefield, it said Tuesday. [more]

  • DTZ looks to bid $2B for Cushman

    April 20, 2015 05:40PM
    From left: Brett White, an old Cushman & Wakefield office in New York and Cushman’s Edward Forst

    From left: Brett White, an old Cushman & Wakefield office in New York and Cushman’s Edward Forst

    DTZ Group, London-based commercial real estate brokerage, is seeking support for a $2 billion bid to acquire rival firm Cushman & Wakefield. [more]

  • knakal-massey-FBox

    From left: Bob Knakal and Paul Massey

    Cushman & Wakefield’s acquisition of Massey Knakal Realty Services for a reported $100 million was the talk of the town at the end of last year. Now, nearly three months into the marriage, some of the consolidated firm’s leaders – Ron LoRusso, Bob Knakal and Paul Massey – discussed the changes at Cushman and the challenges of coming together. See the full video, complete with classic Powerpoint corporate graphics, after the jump.

  • Agnelli family to sell Cushman & Wakefield

    February 25, 2015 08:05AM
    From left: Cushman & Wakefield office, Edward Frost and John Ellkann

    From left: An old Cushman & Wakefield office in New York, Edward Forst and John Elkann

    Cushman & Wakefield is going up for sale and could fetch as much as $2 billion. [more]

  • Massey-Knakal-Territory-Front

    From left: Ron Lo Russo, Paul Massey and the territories for a portion of Manhattan

    In perhaps the most significant development of its $100 million Massey Knakal Realty Services acquisition, Cushman & Wakefield will adopt Massey Knakal’s signature territory system for investment sales within New York City, The Real Deal has learned. [more]

  • Massey Knakal name headed for retirement

    January 22, 2015 08:00AM

    From left: Robert Knakal, Paul Massey and signage (Photo credits: Vanishing New York, Sheepshead Bites, Google)

    Even as Paul Massey and Robert Knakal intend to plant long-term roots at their new firm Cushman & Wakefield, the name of their eponymous brokerage is being uprooted in short order. [more]

  • 1400-fifth-avenue

    1400 Fifth Avenue in Harlem (Inset: Daniel Levy)

    In the latest move in its Harlem push, Ashkenazy Acquisition Corporation picked up a 31,000-square-foot retail space at the base of a Fifth Avenue residential condominium building, The Real Deal has learned. [more]

  • knakal-massey-hennessy-steir

    From left: Robert Knakal, Paul Massey, Peter Hennessy and Mitchell Steir

    Cushman & Wakefield’s acquisition of the local brokerage Massey Knakal Realty Services for a reported $100 million looks set to be the biggest shakeup in the local market this year. But it’s but by no means the only one. [more]

  • cushman-james

    From left: James Underhill, Robert Knakal and Paul Massey

    A day after Cushman & Wakefield announced the $100 million purchase of Massey Knakal Realty Services, James Underhill, the chief executive of North American operations at Cushman, exited the firm. [more]

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  • blue-moon-hotel-nyc

    Blue Moon Hotel, Lower East Side

    UPDATED, 12:44 p.m., Dec. 18: After nearly a decade on and off the market, the Blue Moon Hotel at 100 Orchard Street is once again up for sale. [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]

  • Front-ICSC

    Clockwise from top left: Bradley Mendelson, Isaac Chera, Simon Ziff, Javits Center floor and David Green

    The Real Deal hit the floor today on the first day of the International Council of Shopping Center’s annual New York National Deal Making convention. Check out some of the key moments and players after the jump.

  • extell-midtown

    From left: Gary Barnett, 131-141 East 47th Street in Midtown and Clint Olsen

    Gary Barnett’s Extell Development is in contract to sell four contiguous properties in Midtown to an unnamed Chinese developer for more than $80 million. [more]

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  • chang-midtown-west

    From left: 338-340 West 39th Street, Sam Chang and Bob Knakal

    UPDATED, 1:40 p.m., Dec. 5: Hotel developer Sam Chang of McSam Hotel Group is in contract to buy a 12-story industrial building for $22.5 million. [more]

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  • Dekalb_1

    1209 DeKalb Avenue in Brooklyn (Inset: Stephen Palmese)

    Spruce Capital Partners is asking $81.5 million for a newly opened, five-story Bushwick rental building known as Colony 1209. [more]

  • Aby Rosen’s RFR looks to flip 190 Bowery

    November 20, 2014 08:00AM
    From left: Aby Rosen, 190 Bowery and Bob Knakal

    From left: Aby Rosen, 190 Bowery and Bob Knakal

    RFR Holdings wants to flip 190 Bowery. [more]

  • bronx-resi-2

    Bronx waterfront project (credit: Greenberg Farrow), with inset of Karl Brumback

    A tract of waterfront property in the North Bronx’s University Heights, known to some as Fordham’s Landing, is being pitched as the perfect site for a massive residential tower development. [more]

  • ddg

    Joe McMillan and 532-534 West 20th Street

    Condo developer Joe McMillan’s DDG grabbed a Chelsea development site for $24.3 million. [more]

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  • 57-second-avenue

    From left: 57-59 Second Ave. and James Nelson

    Landlord Ludmilla Lozowy is asking $30 million for a 10-story apartment building located in East Village.

    The property at 57-59 Second Avenue, between East 3rd and 4th streets, holds 33 apartments and two ground-floor retail units. Alex Shoe Repair and Allied Hardware occupy the retail space on a month-to-month basis. The two stores pay up to $4,000 per month. [more]