The Real Deal New York

Posts Tagged ‘massey knakal’

  • James Ortenzio (left) shakes hands with Arnold Schwarzenegger and

    James Ortenzio (left) shakes hands with Arnold Schwarzenegger and 45 Horatio Street

    From Luxury Listings NYC: James Ortenzio — the former Manhattan Republican party leader who pleaded guilty in 2007 to tax evasion — purchased a West Village townhouse property for $4.1 million, according to city records. The deal for the five-story building, which is located at 45 Horatio Street between Greenwich and Hudson streets, closed on Mar. 7.

    A call to Ortenzio seeking confirmation and comment on his purchase was not immediately returned. [more]

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  • 86-55 Queens Boulevard

    86-55 Queens Boulevard

    A 47,000-square-foot portion of an Elmhurst parking lot, once part of the plan for a multiplex and mall development, is back on the market for $24 million.

    The lot on the corner of Justice and 55th avenues in Queens, a block from Queens Boulevard, also boasts over 200,000 square feet in development rights. [more]

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  • From left: Andrew Posil, 70 West 45th Street and a room in the Cassa Hotel

    From left: Andrew Posil, 70 West 45th Street and a room in the Cassa Hotel

    Massey Knakal’s Capital Services division has lent HNA Property Holdings, a subsidiary of a Chinese airline, $80 million to refinance its debt on a hotel property near Times Square. [more]

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  • From left: Stephen Green, Bill de Blasio and Stephen Ross

    From left: Stephen Green, Bill de Blasio and Stephen Ross

    Now we know why developers who attended a closed-door meeting with Mayor Bill de Blasio earlier this week seemed encouraged by what they heard. [more]

    9 Comments
  • juniors-386-flatbush

    386 Flatbush Avenue

    The owner of Junior’s Most Fabulous Cheesecakes and Desserts said the Brooklyn dessert shop will gain a second outpost in the borough as it attempts to sell and renovate its first spot.

    Alan Rosen has hired Massey Knakal Realty Services chair Robert Knakal to handle marketing for the 17,000-square-foot structure on an 8,500-square-foot site. The site could be redeveloped to allow for a 102,500-square-foot condominium building with Junior’s in the ground-floor retail. [more]

    2 Comments
  • From left: A handful of representatives of the deals nominated for the award, including Mary Ann Tighe, James Nelson, James Kuhn and Brock Emmetsberger

    From left: A handful of representatives of the deals nominated for the award, including Mary Ann Tighe, James Nelson, James Kuhn and Brock Emmetsberger

    The Real Estate Board of New York has nominated eight sales, eight leases and one financing deal for their “Most Ingenious Deal of the Year Award.” [more]

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  • From left: Leonard Steinberg, James Nelson and 555 West 25th Street

    From left: Leonard Steinberg, James Nelson and 555 West 25th Street

    Well-known hedge fund manager Mark Sonnino snapped up an office building at 555 West 25th Street in West Chelsea in an all-cash transaction for $27 million or $665 per square foot. [more]

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  • Robert Shapiro and 1771-1773 First Avenue

    Robert Shapiro and 1771-1773 First Avenue

    East Harlem landlords, father and son Steve and Michael Kessner, sold a two-story commercial building at 1790 Third Avenue for $5.75 million last week. Now, they’re looking to unload a much larger chunk of real estate – an Upper Manhattan portfolio comprising 12 buildings.

    The twosome has tapped Massey Knakal Realty Services to market the portfolio, which totals 275 residential rental units and three commercial spaces. [more]

    2 Comments
  • 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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  • From left: Mark Geragos and 107 Greenwich Avenue

    From left: Mark Geragos and 107 Greenwich Avenue

    Mark Geragos, super-attorney to the stars, purchased a 20-foot wide West Village townhouse for $4.75 million, The Real Deal has learned.

    The four-bedroom, four-bathroom home, between Jane and West 12th streets at 107 Greenwich Avenue, was offered by Massey Knakal’s James Nelson, according to StreetEasy. Yelena Nersesyan of Manhattan-based law firm Busson & Sikorski served as Geragos’ counsel in the transaction, she told TRD. [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
  • From left: Savanna's Nicholas Bienstock and Christopher Schlank and Massey Knakal's Robert Knakal

    From left: Nicholas Bienstock, Christopher Schlank and Robert Knakal

    The parking options by Madison Square Garden are about to slim down even more.

    The Savanna Partners-owned 50-by-137-foot parking lot on the southwest corner of Eighth Avenue and 31st Street is now up for grabs, with Robert Knakal of Massey Knakal tapped to market the parcel. Savanna purchased the lot back in 2007, and partner Nicholas Bienstock said that they “can now sell it to someone who can build condos or residential rentals.” [more]

    1 Comment
  • Joseph Oved, Isaac Oved and 159-165 Canal Street

    Joseph Oved, Isaac Oved and 159-165 Canal Street

    A partnership led by the Manhattan-based Oved Group, a family-run firm, paid $33.6 million to acquire two contiguous buildings on a corner lot in Chinatown. [more]

    5 Comments
  • 70 Bank Street (center)

    70 Bank Street (center)

    The owners of a prewar West Village townhouse, having failed to sell the multi-family property through a request for proposal process last year, have relisted the 7,000-square-foot building in a more conventional fashion, asking $14.65 million. [more]

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  • Miki Naftali and 206-210 West 77th Street

    Miki Naftali and 206-210 West 77th Street

    The Naftali Group is already getting calls from potential buyers interested in his Upper West Side condominium project, the New York Observer reported. The only snag? The developer only recently closed on the site at 206-210 West 77th Street, which is currently home to a parking garage.

    Naftali paid $55.5 million for the property, which is nestled between two historic districts, allowing the firm to build without the restrictions that apply to much of the neighborhood, the company said in a release issued today. [more]

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  • 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:

    From left: 57, 59-63 and 65-67 Orchard Street (credit: PropertyShark)

    The landmarked former Ridley Department Store and two adjacent Orchard Street buildings are now under contract for an undisclosed sum, the Lo-Down reported. The seller, listed as Ridley Realty LLC in city records, sought $27 million for the portfolio. [more]

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  • Brooklyn-law-school

    Brooklyn Law School

    Brooklyn Law School is putting six buildings on the market, expected to net more than $41 million, the Brooklyn Paper reported. The buildings are currently mostly vacant. They were previously dormitories for students at the law school.

    The portfolio includes 89 Hicks Street, 18 Sidney Place, 144 Willow Street, 100 Pierrepont Street, and 27 and 38 Monroe Place. [more]

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  • From left:

    From left: 83 Bowery, 103 Bowery, 219 Bowery and John Ciraulo

    A portfolio of 11 mixed-use properties on the Bowery has sold for $62 million, the Wall Street Journal reported. The buildings traded hands between a family trust, which had long owned them, to Joseph Betesh of Milestone Equities, whose family owns hip-hop apparel purveyor Dr. Jay’s. [more]

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  • 80 Forsyth Street

    80 Forsyth Street in center (credit: PropertyShark)

    A synagogue that has been converted into a professional artist studio has hit the market for $6.2 million, Curbed reported. [more]

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