The Real Deal New York

Posts Tagged ‘massey knakal realty services’

  • 33-USW

    From left: 31 Union Square West, 33 Union Square West and 35 Union Square West, Steve Asch (top) and Cara Rosenbloom

    The trendy sweets purveyor Dylan’s Candy Bar signed a long-term lease on Union Square West, a stretch that has five other spaces quietly on the market that will transform the character of the blocks. [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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  • Yerrall-Richardson-Kalikow

    From left: George Yerrall, 68 Richardson Street in Williamsburg and Gregory Kalikow

    UPDATED, 12:45 p.m., Sept. 30: An investment fund formed by Massey Knakal Realty Services and RiverOak Investment closed its third deal since being launched in 2011 — this one to acquire a $17.5 million rental property in Williamsburg. [more]

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  • Knakal-Beekman-101

    From left: Robert Knakal, 25-27 Beekman Street and 205 West 101st Street (Building photos: Google)

    Real estate insiders say a package of eight family-owned parking garages in prime Manhattan and Brooklyn that recently hit the market could net as much as $250 million because of their redevelopment potential. [more]

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  • steinway

    28-56 Steinway Street in Astoria and Robert Knakal

    Queens-based construction and management firm Werber Management acquired a 50,000-square-foot commercial building in Astoria from Short Hills, N.J.-based developer Garden Commercial Properties for $32 million, according to property records filed with the city today. [more]

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  • The Church Missions House at 281 Park Avenue South and John Cirualo (inset)

    The Church Missions House at 281 Park Avenue South and John Ciraulo (inset)

    UPDATED, 12:30 p.m., August 1: An insider today revealed Aby Rosen’s RFR Realty as the true buyer of the property. Please see updated piece here.

    New York City’s Church Missions House, an elaborate six-story Flemish-Renaissance landmarked building at 281 Park Avenue South, is in contract for north of $50 million, The Real Deal has learned. Sources said that a prominent Italian family — two sources identified them as the Garzoni family — landed the deal, and is expected to convert the building into boutique condominiums with retail at the base. [more]

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  • 28th

    From left: 132 and 136 West 28th Street and James Nelson

    Landlord Frank Ng has listed an assemblage of adjacent buildings along West 28th Street in Chelsea for a total of $120 million.

    The sites at 132-144 West 28th Street, between Sixth and Seventh avenues, are zoned exclusively for commercial use. They offer about 240,000 square feet of buildable space. [more]

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  • 472-484 Atlantic Avenue

    472-484 Atlantic Avenue (credit: PropertyShark)

    The sale of an Atlantic Avenue property has set a new record, according to the broker on the deal. [more]

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  • Baxter-Farley-Shapiro-Knakal

    From left: Richard Baxter, James A. Farley post office (Credit: Google), Robert Shapiro and Robert Knakal

    New York State’s business promotion corporation, Empire State Development, picked the investment brokerage firm Massey Knakal Realty Services to sell the 1.5 million square feet of air rights above Moynihan Station in Midtown. [more]

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  • Haus-Sch-61-Knak

    From left: Peter Hauspurg, David Schechtman, 61-63 Crosby and Robert Knakal

    The owners of a 19th-century, four-story cooperative residential and retail building in Soho have banded together to offer their property for sale. Brokers familiar with the property estimated it could sell for $50 million. [more]

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  • anton-kern

    532 West 20th Street (Inset: Alf Naman and James Nelson)

    Developer Alf Naman is putting the site of the Anton Kern Gallery in Chelsea on the market for $27 million, brokers told The Real Deal. [more]

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  • 255easthouston-listing

    255 East Houston Street

    A four-story Lower East Side building that formerly housed the Action for Progress day care center is back on the market for $36 million.

    Landlord Samy Mahfar’s property at 255 East Houston Street, also known as 171 Suffolk Street, suffered substantial damage as a result of a demolition next door in 2010. The day care center was forced to leave. The next year, the building was listed with Cushman & Wakefield, but did not sell. [more]

    2 Comments
  • 221-west-17th

    221 West 17th Street (Inset: Michael Shah)

    Real estate investment firm DelShah Capital bought a six-story commercial building in Chelsea for $26.4 million, according to property records filed with the city today. [more]

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  • icsc

    From left: Robert Futterman, Patricia Garcia, David Edelstein, Simon Ziff, Laurie Golub, Gary Trock and Emanuel Stern

    New York City’s nearly 2,000-person contingent at the International Council of Shopping Center’s annual RECon conference in Las Vegas jumped from a day of pool lounging and dealmaking to party hopping last night. Click here for a slideshow and more.

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  • Paul Massey and 403 East 60th Street

    Paul Massey and 403 East 60th Street

    Shalimar Management purchased a garage site ripe for conversion at 403 East 60th Street for $31.5 million – more than $7 million above the property’s $24 million asking price, according to property records filed with the city today.

    The nonprofit Ronald McDonald House New York was the seller. Shalimar, an operator of rental properties in the city, is run by Charles Fridman. [more]

    1 Comment
  • 215-moore-street

    215 Moore Street

    A 2.3-acre Bushwick site with five industrial properties hit the market and is expected to fetch $29.5 million.

    A team of brokers at Massey Knakal Realty Services – including Stephen Palmese, Michael Mazzara, Thomas Freeland and James Berluti – intend to market the site at 215 Moore Street as ready for redevelopment. The 47,000-square-foot cluster of buildings is zoned for manufacturing use. It boasts 170,000 square feet of buildable commercial space. [more]

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  • Baxter-Farley-Shapiro-Knakal

    From left: Richard Baxter, James A. Farley post office (Credit: Google), Robert Shapiro and Robert Knakal

    Several of the city’s top investment sales firms made their case this week to win the right to broker the sale of 1.5 million square feet of excess development rights as part of the larger Moynihan Station redevelopment plan, sources told The Real Deal. [more]

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  • From left: Long Island College Hospital, a partner in Brooklyn Health Partners Merrel Schexnydre and

    From left: Long Island College Hospital, a partner in Brooklyn Health Partners Merrel Schexnydre and Stephen Palmese

    Real estate industry insiders suspect the redevelopment of the Long Island College Hospital could take more time — and a lot more money — than the project’s leaders estimate. [more]

    2 Comments
  • From left: Robert Greenberg and 350 West 39th Street

    From left: Robert Greenberg and 350 West 39th Street

    Amid a flurry of sales close to the Far West Side’s Hudson Yards development site, one nearby parcel could sell more than $100 million, according to the brokerage representing the seller. [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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