The Real Deal New York

Posts Tagged ‘Robert Knakal’

  • extell-midtown

    From left: Gary Barnett, 131-141 East 47th Street in Midtown and Clint Olsen

    Gary Barnett’s Extell Development is in contract to sell four contiguous properties in Midtown to an unnamed Chinese developer for more than $80 million. [more]

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  • chang-midtown-west

    From left: 338-340 West 39th Street, Sam Chang and Bob Knakal

    UPDATED, 1:40 p.m., Dec. 5: Hotel developer Sam Chang of McSam Hotel Group is in contract to buy a 12-story industrial building for $22.5 million. [more]

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

  • 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]

  • Perlbinder-sm

    245 East 36th Street (Photo: Microsoft)

    Perlbinder Realty, the Manhattan real estate firm led by brothers Stephen and Mark Perlbinder, won its third extension for a long-delayed mixed-use high-rise planned for Second Avenue between 36th and 37th streets, partly spanning an entrance to the Queens Midtown Tunnel.

    The site is a large one, and so is the question mark about its future. The owners have not developed it since first winning approvals from the city in 2002. At the moment, the property has a parking lot on part of the land. The north portion is occupied by a ramp providing access to the Queen Midtown Tunnel, which is operated by the Metropolitan Transportation Authority. [more]

  • 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]

  • 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]

  • 140 East 63rd Street and Bob Knakal

    140 East 63rd Street and Bob Knakal

    Pan-Am Equities, owned by members of the prominent Manocherian family, paid $48.2 million for two commercial condominiums on the Upper East Side, according to property records filed with the city today. The commercial condos, located at 140 East 63rd Street near Lexington Avenue, total about 45,000 square feet of space. They are currently leased to popular fitness establishments Equinox and SoulCycle, which have about eight years left on their leases. [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]

  • 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]

  • 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]

  • 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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  • 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]

  • 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]

  • From left: Bob Knakal, 511 West 35th Street and Eliot Spitzer

    From left: Bob Knakal, 511 West 35th Street and Eliot Spitzer

    UPDATED, 9:01 a.m., Dec. 27: Dealing with divorce doesn’t seem to be slowing Eliot Spitzer down. The former New York governor’s family-run development firm Spitzer Enterprises has bought a block-long development site at Hudson Yards from Alloy Development for $88 million, according to city records filed today. [more]

  • 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]

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  • Community-Garden-537x355

    Bill de Blasio, a vacant lot in Brooklyn and Robert Knakal

    WEEKENDEDITION A new tax hike on vacant land could soon force owners to make a decision: build or sell. As Public Advocate, Bill de Blasio pushed for the tax, which would affect some 10,500 lots throughout the city, but as mayor, de Blasio has pledged to see his plan through. [more]

  • Slone-Broadway-Knakal-Shapiro

    From left: Jordan Slone, 3499 Broadway (Credit: PropertyShark), Robert Shapiro and Robert Knakal

    Apartment landlord Heritage Real Estate Partners paid Harbor Group International and Jadam Equities $45 million for a four-building Hamilton Heights portfolio once owned by Vantage Properties and Area Property Partners. [more]

  • From left: Robert Knakal and 511 West 35th Street

    From left: Robert Knakal and 511 West 35th Street

    Alloy Development is selling one of its sites near Hudson Yards — and expects to get $75 million for the deal. [more]

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  • Petkoff-Knakal-287-Laboz

    From left: Nick Petkoff, Robert Knakal, 287 Broadway (Photo credit: PropertyShark) and Albert Laboz

    The Laboz family’s United American Land yesterday closed on the purchase of the six-story cast-iron building 287 Broadway, at the corner of Reade Street near City Hall in Tribeca, for $8 million, Albert Laboz, a principal of the purchaser, told The Real Deal. [more]


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