Massey Knakal Realty Services | The Real Deal New York

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Massey Knakal Realty Services

275 Madison Avenue, Third Floor
New York, NY 10016
(212) 696-2500
Massey Knakal Realty Services

Massey Knakal Realty Services was one of New York City largest investment-sales brokerages. It represented owners exclusively and was started in 1988 by Robert Knakal and Paul Massey Jr., its chairman and CEO, respectively. Cushman & Wakefield acquired the firm in late 2014 for approximately $100 million.

The brokerage operates under a rather novel territory system, wherein it divides the city into nearly 50 different geographic areas that brokers in each then focus on. The system is not without controversy, as brokers outside of geographic areas must pay parts of their commissions from deals done inside those areas to the brokers who focus on them. Still, the system, as well as a focus on just about every size, type and class of building or site, helped Massey Knakal grow relatively quickly into a major player in the New York City area (it focuses not only on the five boroughs, but on Westchester County, Long Island and northern New Jersey). In 2011, for instance, Massey Knakal brokered 142 deals under $50 million, more than any other brokerage.

Since 1988, it has brokered more than 4,200 transactions worth an aggregate total of $15 billion. The firm grew from Massey and Knakal to more than 100 employees in four offices, including its headquarters at 275 Madison Avenue. The brokerage launched a retail leasing wing in early 2011 under Winick Realty's former president Benjamin Fox.


12/22/16
Commercial brokerages got a taste of the drama long associated with the residential world in 2016, when top New York investment sales brokers defected to...

12/06/16
Bob Knakal, who signed a five-year contract with Cushman & Wakefield after selling his eponymous brokerage to the firm, has renegotiated his contract and can...

11/16/16
Developer Chris Jiashu Xu is in contract to acquire a sprawling, barren 3.7-acre development site in Flushing for north of $100 million, or more than...

11/08/16
Paul Massey isn’t used to being considered an also-ran. But unlike in his real estate career, he’s yet to be taken seriously in politics. The...

10/18/16
UPDATED, 10:43 a.m., Oct. 19: Doug Harmon and Adam Spies had a good thing going at Eastdil Secured. The duo brokered some of the city’s...

10/12/16
Do you know your credit score? That’s not a pitch for FreeCreditReport.com, but a bit of wisdom from one of the industry’s veteran brokers. “Without...

10/07/16
On Thursday afternoon, Eastdil Secured CEO Roy March received the industry’s equivalent of the 3 a.m. phone call. On the line were his star brokers...

10/06/16
Eastdil Secured’s Doug Harmon and Adam Spies, who head the top investment sales team in New York City, are jumping ship to Cushman & Wakefield,...

08/09/16
SL Green Realty’s vice president of leasing has left the company to dedicate his time to team Massey. David Amsterdam, 35, left the real estate investment...

08/04/16
UPDATED, Aug. 4, 4:35 p.m.: Paul Massey is making his bid for City Hall official today. The president of investment sales at Cushman & Wakefield plans...

07/01/16
...Bedford Avenue in Crown Heights (credit: Massey Knakal Realty Services) Yoel Goldman’s All Year Management is gearing up for...

06/14/16
Following its $2 billion merger with DTZ last year, Cushman & Wakefield is negotiating for a new, consolidated headquarters to anchor L&L Holding’s unique overhaul...

06/10/16
...to challenging Mayor Bill de Blasio in 2017. The co-founder of Massey Knakal Realty Services is tapping SL Green executive David Amsterdam as his campaign...

06/02/16
Pratt Institute filed plans for a new 124-room student dormitory on a Clinton Hill development site it acquired for $13 million four years ago. The...

05/22/16
...his campaign strategy for the 2017 New York mayoral election on Massey Knakal Realty Services’ famed territory system, the brokerage’s co-founder said on Sunday...

04/21/16
In the latest in a string of major asset sales, Aby Rosen and Michael Fuchs’ RFR Holding put a landmarked 44-story Midtown office tower at...

03/25/16
Paul Massey wants to be mayor of New York. ...

03/17/16
A Borough Park-based investor group led by Chaim Babad and Reuven Rivlin is looking to sell a long-vacant 3.7-acre Flushing site once slated for hundreds...

03/15/16
Cushman & Wakefield is heading to NYC’s version of Hillaryland, moving to Forest City Ratner’s 1 Pierrepont Plaza, where the former secretary of state has...

03/02/16
Commercial real estate brokerage Cresa hired former Cushman & Wakefield executive James Underhill as its CEO, with Underhill tasked with overseeing Cresa’s strategy to double its...

Ben Ashkenazy and 4162 Broadway
02/23/16
...on the building’s upper floors. According to an earlier Massey Knakal Realty Services listing for the property, redeveloping the property could bring the...

02/09/16
...the commercial brokerage firm he built with Robert Knakal -- Massey Knakal Realty Services -- to Cushman & Wakefield reportedly for $100 million in 2014, said...

12/24/15
The global economy saw over $3.8 trillion in mergers and acquisitions in 2015, surpassing the activity seen in 2007. The New York property market, too, had...

12/01/15
Ariel Property Advisors, a New York City brokerage that has long specialized in investment sales, is turning to lending as a new line of business....

10/30/15
Cushman & Wakefield went through a round of layoffs Wednesday that hit the marketing and research departments in what appears to be fallout from the merger with...
To see all, go to Advanced Search
Cushman & Wakefield, Chairman
1290 Sixth Avenue, New York, NY, (212) 660-7777
Robert Knakal is chairman of capital markets at the global brokerage Cushman &...
  • Event Sales
  • Address 85 Fifth Avenue
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 102,991
  • Price $ 86,000,000
  • Price per foot $ 835.02
notes
The retail building sold for $86 million.
  • Event Sales
  • Address 633, 636, 642, 643, 650 West 173rd Street
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Price $ 30,000,000
  • Publication Date 02/01/2015
  • Event Date 12/18/2014
  • Party 1 RockFarmer Capital
  • Party 1 Broker Robert Shapiro, Thomas Donovan
  • Party 2 Brokerage Massey Knakal Realty Services
  • Party 2 Broker Robert M. Shapiro, Thomas A. Donovan
notes
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  • Event Sales
  • Address 235 Dekalb Avenue
  • Neighborhood Fort Greene
  • Borough Brooklyn
  • Price $ 1,800,000
  • Publication Date 02/01/2015
  • Event Date 12/18/2014
  • Party 1 Broker Stephen Palmese
  • Party 2 Brokerage Massey Knakal Realty Services
  • Party 2 Broker Stephen Palmese
notes
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  • Event Sales
  • Address 7 West 24th Street
  • Neighborhood Flatiron
  • Borough Manhattan
  • Price $ 9,500,000
notes
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  • Event Sales
  • Address 1400-1416 Fifth Avenue
  • Neighborhood Harlem
  • Borough Manhattan
  • Price $ 12,500,000
notes
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  • Event Sales
  • Address 102 Greenwich Avenue 224-226 West 13th Street
  • Neighborhood Greenwich Village
  • Borough Manhattan
  • Price $ 12,100,000
  • Publication Date 02/01/2015
  • Event Date 12/18/2014
  • Party 1 Broker Paul Massey, Jr, James Nelson, David Shalom
  • Party 2 Brokerage Massey Knakal Realty Services
  • Party 2 Broker Paul Massey, Jr, James Nelson, David Shalom
notes
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  • Event Sales
  • Address 963 First Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Price $ 10,400,000
  • Publication Date 02/01/2015
  • Event Date 12/18/2014
  • Party 1 Broker Clint Olsen
  • Party 2 Brokerage Massey Knakal Realty Services
  • Party 2 Broker Clint Olsen
notes
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  • Event Sales
  • Address 88 East End Avenue
  • Neighborhood Upper East Side
  • Borough Manhattan
  • Price $ 6,100,000
  • Publication Date 02/01/2015
  • Event Date 12/18/2014
  • Party 1 Broker Thomas Gammino, Jr.
  • Party 2 Brokerage Massey Knakal Realty Services
  • Party 2 Broker Thomas D. Gammino, Jr.
notes
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  • Event Sales
  • Address 427-433 Dean Street
  • Neighborhood Crown Heights
  • Borough Brooklyn
  • Price $ 14,500,000
  • Publication Date 01/01/2015
  • Event Date 11/17/2014
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Robert Knakal, Paul Massey Jr., Stephen Palmese, Winfield Clifford
  • Party 2 Brokerage Massey Knakal Realty Services
  • Party 2 Broker Robert Knakal, Paul Massey Jr., Stephen Palmesee, Winfield Clifford
notes
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  • Event Sales
  • Address 269-271 East Houston Street
  • Neighborhood Lower East Side
  • Borough Manhattan
  • Price $ 12,800,000
notes
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  • Event Sales
  • Address 70 Henry Street
  • Neighborhood Brooklyn Heights
  • Borough Brooklyn
  • Price $ 7,500,000
notes
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  • Event Sales
  • Address 55 West 19th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Price $ 8,500,000
  • Publication Date 01/01/2015
  • Event Date 11/17/2014
  • Party 1 Broker Brock Emmetsberger, John Ciraulo, Craig Waggner
  • Party 2 Brokerage Massey Knakal Realty Services
  • Party 2 Broker Brock Emmetsberger, John Ciraulo, Craig Waggner
notes
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  • Event Sales
  • Address 15-17 Arden Street 149, 157 Vermilyea Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Price $ 14,100,000
  • Publication Date 01/01/2015
  • Event Date 11/17/2014
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Robert Knakal and Robert Shapiro
  • Party 2 Brokerage Massey Knakal Realty Services
  • Party 2 Broker Robert Knakal, Robert M. Shapiro
notes
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  • Event Sales
  • Address 287-291 East Houston Street
  • Neighborhood Lower East Side
  • Borough Manhattan
  • Price $ 15,200,000
  • Publication Date 01/01/2015
  • Event Date 11/17/2014
  • Party 1 Broker Michael DeCheser
  • Party 2 Brokerage Massey Knakal Realty Services
  • Party 2 Broker Michael DeCheser
notes
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  • Event Sales
  • Address 264 Fifth Avenue
  • Neighborhood Midtown
  • Borough Manhattan
  • Price $ 25,000,000
  • Publication Date 01/01/2015
  • Event Date 11/17/2014
  • Party 1 Broker Eran Elhanani
  • Party 2 Brokerage Massey Knakal Realty Services
  • Party 2 Broker Robert Knakal, John Ciraulo
notes
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  • Event Sales
  • Address 1613, 1617, 1621, 1625, 1631 Eastern Parkway
  • Neighborhood Crown Heights
  • Borough Brooklyn
  • Price $ 9,600,000
  • Publication Date 01/01/2015
  • Event Date 11/17/2014
  • Party 1 Broker Stephen Palmese, Robert Knakal, Edward Gevinski
  • Party 2 Brokerage Massey Knakal Realty Services
  • Party 2 Broker Stephen Palmese, Robert Knakal, Edward Gevinski
notes
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  • Event Sales
  • Address 176 East Third Street 420 East 66th Street 336 East 81st Street 344 East 85th Street 404 East 88th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Price $ 126,200,000
notes
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  • Event Sales
  • Address 834 Lexington Avenue
  • Neighborhood Bedford-Stuyvesant
  • Borough Brooklyn
  • Price $ 4,300,000
notes
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  • Event Sales
  • Address 801 Manhattan Avenue
  • Neighborhood Greenpoint
  • Borough Brooklyn
  • Price $ 2,700,000
  • Publication Date 12/01/2014
  • Event Date 10/17/2014
  • Party 1 Broker Mark Lively and Brendan Maddigan
  • Party 2 Brokerage Massey Knakal Realty Services
  • Party 2 Broker Mark Lively, Brendan Maddigan
notes
[EMPTY]
  • Event Sales
  • Address 66 Pearl Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Price $ 30,100,000
notes
[EMPTY]
  • Event Retail Leasing
  • Address 471 86th Street
  • Neighborhood Fort Hamilton
  • Borough Brooklyn
  • Square feet 1,000
  • Publication Date 12/01/2014
  • Event Date 10/17/2014
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Mitzi Flexer
  • Party 2 Cricket Wireless
notes
The wireless company signed a lease.
  • Event Sales
  • Address 55 Maspeth Avenue
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Price $ 1,500,000
  • Publication Date 12/01/2014
  • Event Date 10/17/2014
  • Party 1 Broker Mark Lively and Brendan Maddigan
  • Party 2 Brokerage Massey Knakal Realty Services
  • Party 2 Broker Mark Lively, Brendan Maddigan
notes
[EMPTY]
  • Event Sales
  • Address 225 East 30th Street
  • Neighborhood Kips Bay
  • Borough Manhattan
  • Price $ 4,800,000
  • Publication Date 12/01/2014
  • Event Date 10/17/2014
  • Party 1 Broker John Ciraulo, Hunter Moss
  • Party 2 Brokerage Massey Knakal Realty Services
  • Party 2 Broker John F. Ciraulo, Hunter Moss
notes
[EMPTY]
  • Event Retail Leasing
  • Address 41 West 24th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 2,300
  • Publication Date 12/01/2014
  • Event Date 10/17/2014
  • Party 1 Madison Park 24 LLC, c/o GJR
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Michael Azarian
  • Party 2 Chop Shop Flatiron
  • Party 2 Brokerage Sinvin Real Estate
  • Party 2 Broker Steve Rappaport
notes
The restaurant signed a 15-year lease.
  • Event Sales
  • Address 555 West End Avenue
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Price $ 50,000,000
  • Publication Date 12/01/2014
  • Event Date 10/17/2014
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Robert Knakal and Hall Oster
  • Party 2 Brokerage Orenda Estates
  • Party 2 Broker Stan Putko
notes
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To see all, go to Advanced Search

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