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Robert Knakal

Chairman
Cushman & Wakefield
1290 Sixth Avenue
New York, NY 10104
(212) 660-7777
Website

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.

SUMMARY REPORT
CAPITAL MARKETS LAST 12 MONTHS LAST 4 YEARS
NO. OF DEALS $ VALUE NO. OF DEALS $ VALUE
BUY (OR BUYER REP) 0 $ 0 6 $ 224,700,000
SELL (OR SELLER REP) 0 $ 0 15 $ 596,300,000
Cushman & Wakefield, Managing Principal
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
Cushman & Wakefield, Regional Research Director, Tri-State & Northeast
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
Cushman & Wakefield, Director
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
Cushman & Wakefield, Corporate Broker
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 841-7500
Mark Boisi is Chairman of the New York Tri-State Region at DTZ. He...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
Cushman & Wakefield, Real Estate Salesperson
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
Cushman & Wakefield, Executive Vice Chair
1290 Sixth Avenue, New York, NY, (212) 841-7500
Franklin Speyer is an executive vice chair at Cushman & Wakefield, a commercial...
Cushman & Wakefield, Vice Chairman
1290 Sixth Avenue, New York, NY, (212) 841-7500
Gary Greenspan is a vice chairman at Cushman & Wakefield, a commercial real...
Cushman & Wakefield, Executive Director
1290 Sixth Avenue, New York, NY, (212) 841-7500
James Downey is an executive director at Cushman & Wakefield, a commercial real...
Cushman & Wakefield, Executive Vice Chariman
1290 Sixth Avenue, New York, NY, (212) 841-7500
Joanne Podell is an executive vice chairman at Cushman & Wakefield, a commercial...
Cushman & Wakefield, Executive Vice Chairman
1290 Sixth Avenue, New York, NY, (212) 841-7500
John Cefaly is an executive vice chairman at Cushman & Wakefield, a commercial...
Cushman & Wakefield, Executive Vice Chairman
1290 Sixth Avenue, New York, NY, (212) 841-7500
Josh Kuriloff is an executive vice chairman at Cushman & Wakefield, a commercial...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
Cushman & Wakefield, Executive Vice Chairman
1290 Sixth Avenue, New York, NY, (212) 841-7500
Tara Stacom is an executive vice chairman at Cushman & Wakefield, a commercial...
Cushman & Wakefield, Executive Director
1290 Sixth Avenue, New York, NY, (212) 841-7500
Brian Corcoran is an executive vice president and a licensed appraiser for Cushman...
Cushman & Wakefield, Global Brokerage Chairman
1290 Sixth Avenue, New York, NY, (212) 841-7500
Bruce Mosler is global brokerage chairman of Cushman & Wakefield, a commercial real...
Cushman & Wakefield, Vice Chairman
1290 Sixth Avenue, New York, NY, (212) 841-7500
Dale Schlather is a vice chairman at Cushman & Wakefield, a commercial real...
Cushman & Wakefield, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 841-7500
David A. Green is a vice chairman focusing on retail leasing at Colliers...
Cushman & Wakefield, Executive Vice Chairman
1290 Sixth Avenue, New York, NY, (212) 841-7500
Patrick Murphy is an executive vice chairman at Cushman & Wakefield. Murphy joined Cushman...
Cushman & Wakefield, Real Estate Salesperson
1290 Sixth Avenue, New York, NY, (212) 841-7500
Kevin Donner is a managing director at Eastdil Secured, one of New York...
Cushman & Wakefield, Corporate Broker
1290 Sixth Avenue, New York, NY, (212) 841-7500
...
To see all, go to Advanced Search
  • Event Sales
  • Address 53-55 First Avenue
  • Neighborhood East Village
  • Borough Manhattan
  • Square feet 18,240
  • Price $ 16,200,000
notes
The buyer acquired the 2 5-story East Village walk-ups for $16.2 million.
  • Event Sales
  • Address 140 West 24th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Price $ 61,000,000
notes
The budget hotel-maven acquired the property for $61 million.
  • Event Sales
  • Address 292-296 Fifth Avenue
  • Neighborhood Nomad
  • Borough Manhattan
  • Square feet 5,769
  • Price $ 42,420,000
notes
The lot was purchased by hotel developer Sam Chang's firm for $42.4 million.
  • Event Sales
  • Address 66-72; 80, 86 Fort Washington Avenue; 838, 884 Riverside Drive
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Square feet 341,148
  • Price $ 101,500,000
notes
The 5-building, multifamily and ground floor retail portfolio sold for $101.5 million.
  • Event Sales
  • Address 292 Fifth Avenue
  • Neighborhood Koreatown
  • Borough Manhattan
  • Square feet 70,000
  • Price $ 42,500,000
  • Publication Date 01/01/2017
  • Event Date 11/17/2016
  • Party 1 Richard Born
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Robert Knakal, John Ciraulo, Jonathan Hageman
  • Party 2 McSam Hotel Group
notes
The development site was sold for $42.5 million.
  • 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
  • Publication Date 08/01/2016
  • Event Date 06/17/2016
  • Party 1 David Beit, Larry Goldstein, Blake Augustus
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Robert Knakal, Paul Smadbeck, Jonathan Hageman
  • Party 2 Fairstead Capital
  • Party 2 Brokerage CBRE
  • Party 2 Broker Stephen Siegel
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
  • Publication Date 05/01/2016
  • Event Date 03/17/2016
  • Party 1 Major Family Trust
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Robert Knakal, John Ciraulo
  • Party 2 BLDG Management
notes
The property sold for $36.7 million.
  • Event Sales
  • Address 9 East 39th Street
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 101,100
  • Price $ 31,600,000
  • Publication Date 04/01/2016
  • Event Date 02/15/2016
  • Party 1 ClearRock Properties, Juster Properties
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Robert Knakal, John Ciraulo
  • Party 2 McSam Hotel Group
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Robert Knakal, John Ciraulo
notes
The 2 buildings sold for $31.6 million included 14 East 39th Street.
  • 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 23-30 Borden Avenue
  • Neighborhood Long Island City
  • Borough Queens
  • Square feet 276,705
  • Price $ 48,000,000
  • Price per foot $ 173.47
  • Publication Date 04/01/2016
  • Event Date 02/15/2016
  • Party 1 FreshDirect
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Robert Knakal, Jonathan Hageman, David Chkheidze
  • Party 2 Atlas Capital
  • Party 2 Brokerage Akron Trotter Property Group
  • Party 2 Broker Scott Rosen
notes
The building sold for $48 million includes state-of-the-art material management and refrigeration systems.
  • Event Sales
  • Address 10 East 34th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 55,000
  • Price $ 51,700,000
  • Price per foot $ 940.00
  • Publication Date 04/01/2016
  • Event Date 02/15/2016
  • Party 1 Brause Realty
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Robert Knakal, John Ciraulo, Jonathan Hageman
  • Party 2 Caerus Group
notes
The 10-story building sold for $51.7 million.
  • Event Sales
  • Address 163-30 Cross Bay Boulevard
  • Neighborhood Howard Beach
  • Borough Queens
  • Price $ 12,600,000
  • Publication Date 03/01/2016
  • Event Date 01/01/2016
  • Party 1 163-30 Cross Bay Boulevard LLC
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Robert Knakal, Jonathan Hageman, Brian Sarath
  • Party 2 ARC NYCBBLV001
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Robert Knakal, Jonathan Hageman, Brian Sarath
notes
The commercial building sold for $12.6 million.
  • Event Sales
  • Address 440 West 47th Street
  • Neighborhood Hell's Kitchen
  • Borough Manhattan
  • Square feet 37,000
  • Price $ 23,500,000
  • Price per foot $ 635.14
  • Publication Date 03/01/2016
  • Event Date 01/01/2016
  • Party 1 MWest Holdings
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Robert Knakal, Hall Oster, Jonathan Hageman
  • Party 2 Stone Street Properties
notes
The multifamily residential building sold for $23.5 million.
  • Event Sales
  • Address 323-335 West 96th Street
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 133,700
  • Price $ 27,000,000
  • Price per foot $ 201.94
  • Publication Date 03/01/2016
  • Event Date 01/01/2016
  • Party 1 Pinnacle Group
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Robert Knakal, Hall Oster, Jonathan Hageman
  • Party 2 Beacon NY
notes
The building sold for $27 million.
  • 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
  • Publication Date 11/01/2015
  • Event Date 09/22/2015
  • Party 1 World Wide Group
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Robert Knakal, Clint Olsen
  • Party 2 Kaufu Properties
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
  • Event Sales
  • Address 410 West 36th Street
  • Neighborhood Hudson Yards
  • Borough Manhattan
  • Square feet 9,745
  • Price $ 6,700,000
  • Price per foot $ 687.53
  • Publication Date 09/01/2015
  • Event Date 07/23/2015
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Robert Knakal, James Nelson, Matt Nickerson
  • Event Sales
  • Address 508 West 158th Street
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Square feet 62,680
  • Price $ 15,000,000
  • Price per foot $ 239.31
  • Publication Date 08/01/2015
  • Event Date 06/22/2015
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Robert Shapiro, Robert Knakal
  • Event Sales
  • Address 55 Third Avenue
  • Neighborhood East Village
  • Borough Manhattan
  • Square feet 15,311
  • Price $ 24,400,000
  • Price per foot $ 1,593.63
  • Event Sales
  • Address 409 East 87th Street
  • Neighborhood Yorkville
  • Borough Manhattan
  • Square feet 8,590
  • Price $ 6,500,000
  • Price per foot $ 756.69
  • Publication Date 07/01/2015
  • Event Date 05/22/2015
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Thomas Gammino, Robert Knakal
  • Party 2 Brokerage Weichert Realtors
  • Event Sales
  • Building Name 355-357 West 39th Street
  • Address 357 West 39th Street
  • Neighborhood Hudson Yards
  • Borough Manhattan
  • Square feet 8,406
  • Price $ 7,400,000
  • Price per foot $ 880.32
  • Publication Date 04/01/2015
  • Event Date 02/20/2015
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Robert Knakal, Stephen P. Palmese
  • Party 2 Brokerage Cushman & Wakefield
To see all, go to Advanced Search

10/01/2015
Gaia’s high-end purchase price was roughly equal to the typical discount for such large packages, but they are sometimes as low as 2 or 3 percent, according to Robert Knakal, chairman of New York investment sales at Cushman & Wakefield, who represented the seller in both the W Downtown and Corinthian deals...

02/02/2015
Massey Knakal’s third place showing came with an impressive 56 percent jump in dollar volume over 2013. That mega gain was driven largely by company co-founder Robert Knakal taking on larger deals...

01/02/2015
Low interest rates, brisk sales, a more active commercial mortgage-backed securities market and white-hot land prices helped drive a surging investment sales market in 2014 Low interest rates, brisk sales, a more active commercial mortgage-backed securities market and white-hot land prices helped drive a surging investment sales market in 2014...

09/01/2014
In addition, at the start of 2014, veteran commercial broker Robert Knakal predicted that the sales volume for all New York City properties would reach a record $63 billion in 2014; that would be a 68 percent increase from 2013...

07/01/2014
Robert Knakal, chairman of Massey Knakal, is marketing a massive site for Pink Stone Capital one block south of Shvo’s location, at 111 Washington Street, with more than 362,000 buildable square feet, for $260 million, or $718 per square foot...

03/01/2014
Massey Knakal, which is led by Massey and Chairman Robert Knakal, completed $2.47 billion in sales, up 14 percent from 2012 (see related story, "Knakal's new game plan")...

02/28/2010
Click the chart for a larger versionÆ'Declarations that Manhattan’s commercial real estate market has "hit bottom" are usually met with a response somewhat akin to Click the chart for a larger versionÆ'Declarations that Manhattan’s commercial real estate market has "hit bottom" are usually met with a response somewhat akin to...

11/07/2007
In a newsletter to clients last month, firm Chairman Robert Knakal said he expects building values to drop 3.5 percent in 2006 as sales volume falls to 2.6 percent...