The Real Deal New York

Posts Tagged ‘massey knakal’

  • The scramble for EB-5 visas is wreaking havoc with real estate construction schedules, Massey Knakal head Robert Knakal told First Business News. [more]

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  • From left: 435 West 19th Street and Brock Emmetsberger

    From left: 435 West 19th Street and Brock Emmetsberger

    Proving the enduring appeal of a personal pool, another condo project with swimming pools is headed for West Chelsea.

    Developer Six Sigma two weeks ago closed on a development site on West 19th Street on the block to the east of the High Line for $21 million, records filed with the city today show. [more]

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  • From left: 386 Flatbush Avenue in Brooklyn and Alan Rosen

    From left: 386 Flatbush Avenue in Brooklyn and Alan Rosen

    The taste of nostalgia turned out to be too sweet for the owner of Junior’s Restaurant.

    The purveyor of cheesecake has taken its Downtown Brooklyn shop off the market, despite the building fetching bids as high as $45 million, the New York Times reported. At $450 per buildable square feet, the purchase would have set a record in the borough, according to the newspaper. [more]

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  • It’s been a good year so far for the real estate business in Queens. In fact, the borough is on track to break a record in 2014, according to Adrian Mercado, Massey Knakal’s head of research. [more]

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  • From left: Harry Macklowe, Bob Knakal and 985-989 Third Avenue

    From left: Harry Macklowe, Bob Knakal and 985-989 Third Avenue

    Macklowe Properties officially closed on a $100 million transaction for three properties on the Upper East Side, according to city records. [more]

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  • 525 Broadway in Williamsburg

    525 Broadway in Williamsburg

    The former Lincoln Savings Bank is for sale. [more]

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  • From left: 184-186 Bedford Avenue and 204-206 Bedford Avenue in Williamsburg

    From left: 184-186 Bedford Avenue and 204-206 Bedford Avenue in Williamsburg

    Two Williamsburg properties near the Bedford Avenue L train are up for grabs for a combined $40 million. [more]

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  • 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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