Robert Knakal | The Real Deal New York

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Robert Knakal

Chairman
Cushman & Wakefield
1290 Sixth Avenue
New York, NY
(212) 660-7777
Website
Robert Knakal

Robert Knakal is chairman of capital markets at the global brokerage Cushman & Wakefield. He was the co-founder and chairman of Massey Knakal Realty Services, the biggest investment-sales brokerage in New York City in number of deals, until Cushman acquired the firm in late 2014 for approximately $100 million. Knakal has personally traded more than 1,300 buildings and sites in New York worth $9 billion, including some of the biggest apartment-building portfolio sales in the citys history.

Knakal founded his firm with Paul Massey Jr. in 1988, after the pair worked together for several years in the Manhattan offices of Coldwell Banker Commercial. The original concept was to specialize in properties smaller than 100,000 square feet, though Massey Knakal has often reached beyond that. The firm, which also focuses on the New York metropolitan area and exclusively represents sellers, included more than 150 employees in four offices as of spring 2014.

Knakal, a New Jersey native born in 1963, graduated from the Wharton School of Business in 1984. He is one of the most oft-quoted experts on the New York investment-sales market, and writes regularly about it for the Commercial Observer.


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08/02/16
Developer Mitchell Marks plans to convert a storage facility in Lenox Hill into an eight-unit condominium building with a projected total sellout of $105 million....

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07/06/16
...From left: Stephen Siegel, 117 West 79th Street and Robert Knakal Fairstead Capital acquired an Upper West Side single-room occupancy hotel...

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Cushman & Wakefield’s Paul Massey is one step closer to challenging Mayor Bill de Blasio in 2017. The co-founder of Massey Knakal Realty Services is...

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Details have emerged on hospitality magnate Sam Chang’s plans for a 20-story hotel in Midtown East. The McSam Hotel Group boss is scheduled to close on 14 and...

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...Massey, who sold the commercial brokerage firm he built with Robert Knakal -- Massey Knakal Realty Services -- to Cushman & Wakefield...

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...From left: Paul Massey, Robert Knakal, Marc Holliday Tod Lickerman and Jonathan Gray The global economy...

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The Related Cos. closed on another Hudson Yards site for $30 million, property records filed with the city Monday show. The site, located at 507-511 West 33rd...

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Manhattan office vacancy rates have dipped below 9 percent for the first time since 2009, according to commercial brokerage Cushman & Wakefield, which also found...

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...RECon 2015, which runs Sunday through Wednesday. Sunday afternoon, Jeff Sutton, Robert Knakal, Simon Ziff, Bobby Cayre and dozens of others were backslapping...

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Baruch Singer took a big hit in New York appellate court last week, as a judge ruled in favor of a mortgagor who claimed $26...

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...From left: Robert Knakal, Paul Massey and signage (Photo credits: Vanishing New York, Sheepshead...

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...Robert Knakal and 319-321 West 38th Street Jaz Patel, one of the...

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12/18/14
...From left: Robert Knakal, Paul Massey, Peter Hennessy and Mitchell Steir Cushman & Wakefield...

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...From left: James Underhill, Robert Knakal and Paul Massey A day after Cushman & Wakefield announced...

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11/19/14
Financial services giant TIAA-CREF acquired a 16-story office building at 21 Penn Plaza in Midtown from Savanna and the Feil Organization for an undisclosed price,...

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11/11/14
...From left: Robert Knakal and Paul Massey The potential sale of Massey Knakal Realty...

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11/06/14
David Werner, a Borough Park investor who has wowed New York City with a series of big buys this year, partnered with Rubin Schron and...

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As real estate industry bigwigs join average New Yorkers at the polls this morning to cast their votes on which party should take control of the...

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Neil Rubler’s Midtown East-based Candlebrook Properties, formerly known as Vantage Properties, listed a pair of 12-story rental buildings in Washington Heights for a combined $45...
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Cushman & Wakefield, President, New York Investment Sales
1290 Sixth Avenue, New York, NY, (212) 660-7711
Paul Massey is the New York president of investment sales for Cushman &...
Cushman & Wakefield, Real Estate Salesperson
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Real Estate Salesperson
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Real Estate Salesperson
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Real Estate Salesperson
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Real Estate Salesperson
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Real Estate Salesperson
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Real Estate Salesperson
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Real Estate Salesperson
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Real Estate Salesperson
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Real Estate Salesperson
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Real Estate Salesperson
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Real Estate Salesperson
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Real Estate Salesperson
277 Park Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Real Estate Salesperson
277 Park Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Real Estate Salesperson
277 Park Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Real Estate Salesperson
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
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  • Event Sales
  • Address 305 East 61st Street
  • Neighborhood Upper East Side
  • Borough Manhattan
  • Square feet 72,000
  • Price $ 40,000,000
  • Price per foot $ 556.00
  • Publication Date 10/01/2016
  • Event Date 08/15/2016
  • Party 1 EMS Capital
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Robert Knakal, Clint Olsen, Jonathan Hageman
  • Party 2 Mitchell Marks
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Robert Knakal, Clint Olsen, Jonathan Hageman
notes
The storage building sold for $40 million.
  • Event Sales
  • Address 117 West 79th Street
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 32,100
  • Price $ 22,500,000
  • Price per foot $ 700.00
notes
The hotel sold for $22.5 million with plans for a multifamily residential conversion.
  • Event Sales
  • Address 66 Pearl Street
  • Neighborhood Lower Manhattan
  • Borough Manhattan
  • Square feet 12,445
  • Price $ 19,000,000
  • Price per foot $ 1,526.72
  • Publication Date 07/01/2016
  • Event Date 05/15/2016
  • Party 1 Northwind Group
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Robert Knakal, Will Suarez, Jonathan Hageman
notes
The retail condominium sold for $19 million.
  • Event Sales
  • Address 1623 Kings Highway
  • Neighborhood Midwood
  • Borough Brooklyn
  • Square feet 20,000
  • Price $ 17,000,000
  • Price per foot $ 850.00
  • Publication Date 05/01/2016
  • Event Date 03/17/2016
  • Party 1 New York REIT
  • Party 1 Brokerage Forte Capital Management
  • Party 1 Broker Chaim Cahane
  • Party 2 Lido Realty
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Robert Knakal, Alex Svetlakou, Jonathan Hageman
notes
The mixed-use property sold for $17 million.
  • Event Sales
  • Address 211-215 East 38th Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 17,944
  • Price $ 36,700,000
  • Price per foot $ 2,045.25
notes
The property sold for $36.7 million.
  • Event Sales
  • Address 123 Lafayette Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 21,916
  • Price $ 33,500,000
  • Price per foot $ 1,528.56
notes
The office and retail building sold for $33.5 million.
  • Event Sales
  • Address 9 East 39th Street
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 101,100
  • Price $ 31,600,000
notes
The 2 buildings sold for $31.6 million included 14 East 39th Street.
  • Event Sales
  • Address 9 DeKalb
  • Neighborhood Downtown Brooklyn
  • Borough Brooklyn
  • Square feet 70,000
  • Price $ 90,000,000
notes
The property sold for $90 million.
  • Event Sales
  • Address 143 East 60th Street
  • Neighborhood Upper East Side
  • Borough Manhattan
  • Square feet 19,685
  • Price $ 300,000,000
  • Price per foot $ 15,240.03
notes
The development site, which includes $282,925 buildable square feet, sold for $300 million.
  • Event Sales
  • Address 162 East 83rd Street
  • Neighborhood Upper East Side
  • Borough Manhattan
  • Square feet 4,610
  • Price $ 7,300,000
  • Price per foot $ 1,583.51
  • Publication Date 09/01/2015
  • Event Date 07/23/2015
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Thomas D. Gammino, Robert Knakal
notes
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  • Event Sales
  • Building Name 4101 and 4113 Broadway
  • Address 4113 Broadway
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Square feet 126,000
  • Price $ 42,000,000
  • Price per foot $ 333.33
notes
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  • Event Sales
  • Address 319-321 West 38th Street
  • Neighborhood Hell's Kitchen
  • Borough Manhattan
  • Price $ 23,500,000
  • Publication Date 02/01/2015
  • Event Date 12/18/2014
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Robert Knakal, David Kalish, Jonathan Hageman
  • Party 2 LeTap Group
notes
[EMPTY]
  • Event Sales
  • Address 435 10th Avenue
  • Neighborhood Hudson Yards
  • Borough Manhattan
  • Price $ 238,000,000
notes
The Hudson Spire development site sold for $238 million. The block-through site runs from 501-507 West 34th Street to 510-528 West 35th Street. Combined with the adjacent sites Tishman Speyer purchased from Sherwood Equities for $200 million (see below), a building of about 2.3 million square feet can be constructed.
  • Event Sales
  • Address 817 Lexington Avenue
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Square feet 47,197
  • Price $ 48,200,000
  • Price per foot $ 1,021.25
  • Publication Date 05/01/2014
  • Event Date 03/22/2014
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Clint Olsen, Robert Knakal
notes
The properties sold for $48.2 million, or $1,021 per square foot. The price represents a capitalization rate of 2.3 percent.
  • Event Sales
  • Address 511 West 35th Street
  • Neighborhood Hudson Yards
  • Borough Manhattan
  • Square feet 414,750
  • Price $ 88,000,000
  • Price per foot $ 212.18
  • Publication Date 03/01/2014
  • Event Date 01/20/2014
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Robert Knakal, Stephen Palmese, Andrew Posil, David Kalish
notes
The property sold for $88 million, or $212 per buildable square foot.
  • Event Sales
  • Address 511 West 35th Street
  • Neighborhood Hudson Yards
  • Borough Manhattan
  • Square feet 414,750
  • Price $ 88,000,000
  • Price per foot $ 212.18
  • Publication Date 03/01/2014
  • Event Date 01/20/2014
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Robert Knakal, Stephen Palmese, Andrew Posil, David Kalish
notes
The property sold for $88 million, or $212 per buildable square foot.
  • Event Sales
  • Building Name 370-374 Columbus Avenue
  • Address 374 Columbus Avenue
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Price $ 35,750,000
  • Price per foot $ 1,149.00
  • Publication Date 02/01/2014
  • Event Date 12/23/2013
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Robert Knakal, Thomas Donovan, Paul Smadbeck
notes
The property sold for $35.75 million, or $1,149 per square foot.
  • Event Sales
  • Building Name 3489 Broadway, 519 West 143rd Street, 610 West 163rd Street and 548 West 164th Street
  • Address 548 West 164th Street
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Price $ 45,000,000
  • Price per foot $ 185.00
  • Publication Date 01/01/2014
  • Event Date 11/22/2013
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Robert Knakal, Robert Shapiro, Josh Lipton
notes
The properties sold for $45 million, or $185 per square foot.
  • Event Sales
  • Address 110 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 10,400
  • Price $ 5,600,000
  • Price per foot $ 538.46
  • Publication Date 11/01/2013
  • Event Date 09/22/2013
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Robert Knakal, John Ciraulo
notes
The property sold for $5.6 million, or $538 per square foot. The price represents a capitalization rate of 5.5 percent.
  • Event Sales
  • Building Name 113-117 West 24th Street
  • Address 113 West 24th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 270,000
  • Price $ 67,500,000
  • Price per foot $ 250.00
  • Publication Date 10/01/2013
  • Event Date 08/22/2013
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Robert Knakal, Brock Emmetsberger
notes
The property sold for $67.5 million, or $251 per buildable square foot. Includes 117 West 24th Street.
  • Event Sales
  • Address 174 Duane Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Price $ 11,500,000
  • Publication Date 08/01/2013
  • Event Date 06/22/2013
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Robert Knakal, Nick Petkoff
notes
The property sold for $11.5 million.
  • Event Sales
  • Address 736 Broadway
  • Neighborhood Noho
  • Borough Manhattan
  • Price $ 8,700,000
  • Publication Date 08/01/2013
  • Event Date 06/22/2013
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Robert Knakal, James Nelson
notes
The property sold for $8.7 million.
  • Event Sales
  • Building Name 360-362 Broadway
  • Address 362 Broadway
  • Neighborhood Tribeca
  • Borough Manhattan
  • Price $ 23,000,000
  • Publication Date 07/01/2013
  • Event Date 05/22/2013
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Robert Knakal, Nick Petkoff
notes
The property sold for $23 million.
  • Event Sales
  • Address 106 Greenwich Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Price $ 5,700,000
  • Publication Date 07/01/2013
  • Event Date 05/22/2013
  • Party 1 Gindi Family Century 21
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Robert Knakal, Nick Petkoff
  • Party 2 BHT Corporation
  • Party 2 Brokerage Hakim Organization
  • Party 2 Broker Kevin Esh
notes
The property sold for $5.7 million.
  • Event Sales
  • Address 360-362 Broadway
  • Neighborhood Tribeca
  • Borough Manhattan
  • Price $ 23,000,000
  • Publication Date 07/01/2013
  • Event Date 05/17/2013
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Robert Knakal, Nick Petkoff
notes
[EMPTY]
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