The Real Deal New York

Posts Tagged ‘massey knakal realty services’

  • 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]

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  • 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]

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  • From left: Bob Knakal and James Nelson

    From left: Bob Knakal and James Nelson

    Tishman Speyer is inching closer to buying a 1.2 million-square-foot site in Hudson Yards asking more than $200 million, the New York Post reported, citing unnamed sources.

    In January, the Rosenthal family recruited Bob Knakal and James Nelson of Massey Knakal Realty Services to market the parcels, which stretch from West 35th to West 34th streets between 10th Avenue and an as yet undeveloped Hudson Boulevard, as previously reported. The addresses are 507 West 34th Street, 510-28 West 35th Street and 435 10th Avenue. [more]

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  • vanderbilt

    39 East 72nd Street and Gloria Vanderbilt

    The Upper East Side mansion once home to fashion designer and heiress Gloria Vanderbilt has found a buyer.

    The Mangold family has put the townhouse at 39 East 72nd Street on and off the market, listing it with several brokers who have come and gone. The six-story, 27-foot-wide property most recently asked $21.5 million. Back in 2012, it was going for $25 million, as The Real Deal reported at the time. Gutherie Garvin of Massey Knakal Realty Services has the listing, though John Burger of Brown Harris Stevens might receive the contract commission due to a technicality, the New York Observer reported. Garvin said he had the listing at least three times since 2005. [more]

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  • 222-224-w-21

    From left: Martin Nussbaum, 222-224 West 21st Street and Brock Emmetsberger

    Martin Nussbaum’s Slate Property Group picked up a pair of five-story rental properties in Chelsea for a combined $16.8 million, the developer told The Real Deal. [more]

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  • 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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  • Robert Shapiro and the Washington Heights development site

    Robert Shapiro and the Washington Heights development site

    A prospective development site in the Washington Heights area primed for a multi-level retail cube has hit the market for $16 million. [more]

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  • brickman

    53-55 First Avenue and Jonathan Hageman

    The two-building East Village site that has long housed the H. Brickman & Sons hardware store is now on the market for $14 million.

    The five-story properties at 53-55 First Avenue, between East 3rd and East 4th streets, contain a total of roughly 18,000 square foot, including one commercial unit and 22 apartments. Twelve of the apartments are rent-stabilized, while nine are fair market. One is rent-controlled. Massey Knakal Realty Services’ team of Robert Knakal, James Nelson, Jonathan Hageman, Matthew Nickerson and Patrick Yannotta has the listing. [more]

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  • carriage

    From left: Central Park Carriages, a horse-drawn carriage and West Side Livery

    As Mayor Bill de Blasio pushes to ban horse-drawn carriages from Central Park, developers and investors are on the prowl for the city’s stables. The owners of four stables, including carriage driver Cornelius Byrne of Central Park Carriages on West 37th Street, are regularly contacted with offers. [more]

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  • From left: Jared Kushner, Stephen Palmese and 89 Hicks Street

    From left: Jared Kushner, Stephen Palmese and 89 Hicks Street

    Jared Kushner’s Kushner Companies has inked a deal to buy a multi-family portfolio in Brooklyn Heights from the Brooklyn Law School for $36.5 million, The Real Deal has learned. [more]

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  • flushing

    41-60 Main Street in Flushing, Queens (Inset: Jeffrey Wu)

    The owner of international grocery chain Hong Kong Supermarket is asking $92 million for his 100,500-square-foot commercial building in Flushing, Queens, The Real Deal has learned. [more]

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  • Knakal-303-Kornblum

    From left: Robert Knakal, 303 East 37th Street (Photo credit: PropertyShark) and Marcy Kornblum

    The board that leads the residential cooperative at 303 East 37th Street in Murray Hill is testing the waters for a sale of the entire building as a development site in a transaction that could bring in about $100 million, sources familiar with the building told The Real Deal. [more]

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  • brighton-beach-portfolio

    125 Brighton 11th Street and Alex Svetlakou

    An eight-building beachfront portfolio in South Brooklyn has changed hands for $78 million.

    The properties line a three-mile stretch through Gravesend Bay, Sheepshead Bay and Brighton Beach. The rental portfolio includes Manhattan Beach Estates at 200 and 210 Brighton 15th Street, as well as 211, 1511 and 1521 Brightwater Avenue, 125 Brighton 11th Street and 357 Avenue P. There is a total of more than 416,000 square feet and 452 rent-stabilized units in the package. [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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  • 200-cps

    From left: Daniel Levy, 200 Central Park South and Bernard Spitzer

    Ashkenazy Acquisition Corp. has inked a new 20-year deal with Bernard Spitzer for the master lease of 200 Central Park South for $18 million, the developer told The Real Deal. [more]

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  • knakal

    Robert Knakal

    Sales volume for all New York City properties will reach a record $63 billion this year, soaring 68 percent from last year, Massey Knakal Realty Services chairman Robert Knakal reportedly predicted today.

    A variety of factors that the firm tracks indicate a surge this year, Knakal claimed, noting that dollar volume of New York City investment property trades is up 35 percent since 2011 (last year’s figures, Knakal said, were skewed by the flurry of trades in the face of the fiscal cliff). [more]

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  • 123 Linden Boulevard (Credit: Brownstoner)

    123 Linden Boulevard (Credit: Brownstoner)

    A development site in Brooklyn’s Flatbush neighborhood with an unusual tax abatement is asking $20 million. Senior care provider New York Congregational Community Services is selling a four-story building at 123 Linden Boulevard that would allow for a 250,000-square-foot residential development. [more]

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  • From left: Bob Knakal and James Nelson

    From left: Bob Knakal and James Nelson

    A 1.2 million-square-foot site in Hudson Yards has hit the market and is expected to fetch around $200 million.

    The parcels, which stretch from West 35th to West 34th streets between 10th Avenue and an as of yet undeveloped Hudson Boulevard, is to be marketed by Massey Knakal Realty Services Chairman Bob Knakal and James Nelson. The Rosenthal family hired the duo to handle the parcels at 435 10th Avenue, 507 West 34th Street and 510-28 West 35th Street. [more]

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