The Real Deal New York

Posts Tagged ‘massey knakal’

  • From left: 180 Broadway, 2 Herald Square and 985-987 Third Avenue

    From left: 180 Broadway, 2 Herald Square and 985-987 Third Avenue

    SL Green Realty announced the sales of three Manhattan properties in separate transactions that will generate $240 million in net cash proceeds for the real estate investment trust. [more]

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  • From top: Savanna managing partners Christopher Schlank and Nicholas Bienstock and 21 Penn Plaza

    From top: Savanna managing partners Christopher Schlank and Nicholas Bienstock and 21 Penn Plaza

    Real estate investment firm Savanna has listed 21 Penn Plaza for $250 million, three years after buying the 16-story office building for $137 million. [more]

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  • From left: James Nelson, Paul Massey, Jr. and 275 Madison Avenue

    From left: James Nelson, Paul Massey, Jr. and 275 Madison Ave.

    Commercial brokerage Massey Knakal Realty Services is consolidating its offices, currently spread among various spots on four floors at 275 Madison Avenue, into just under 41,000 square feet on two floors.

    The brokerage will take 40,738 square feet on the 42-story, 185,250-square-foot building’s second and fourth floors. [more]

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  • From left: Metin Negrin,

    From left: Lexin Capital’s Metin Negrin, 75 and 79 Nassau Street and Massey Knakal’s Bob Knakal

    The development firm Lexin Capital, which earlier this year snapped up a Chelsea office building and is constructing a hotel in the neighborhood, bought a pair of Financial District buildings from the Century 21 department store company for $46 million, according to public filings recorded today. [more]

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  • From left: 9 East 89th Street and runners in the New York City marathon

    From left: 9 East 89th Street and runners in the New York City marathon

    The city’s biggest running organization, the non-profit New York Road Runners, is selling its first permanent home. [more]

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  • 537-545 Greenwich Street

    537-545 Greenwich Street

    A six-story, fire-proof warehouse on Greenwich Street has sold for $52 million, Tuesday’s property records indicate. [more]

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  • From left: 386 Flatbush Avenue and 9 Dekalb Avenue

    From left: 386 Flatbush Avenue and 9 DeKalb Avenue

    A possible sale of the air rights on JPMorgan Chase’s downtown Brooklyn branch could pave the way for a 50-story tower atop famous cheesecake haven Junior’s. [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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  • The Manhattan Bridge under construction in 1909

    The Manhattan Bridge under construction in 1909

    Bob Knakal on New York City real estate bubble fears. How developers snag their dream homes. Homeless man loses lodging within Manhattan Bridge beams. Read these stories and more after the jump.

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  • 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]

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  • 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]

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  • 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]

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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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  • 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]

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