Paul Massey | The Real Deal New York

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Paul Massey

President, New York Investment Sales
Cushman & Wakefield
1290 Sixth Avenue
New York, NY 10104
(212) 660-7711
Website
Paul Massey

Paul Massey is the New York president of investment sales for Cushman & Wakefield. In August 2016, he announced he'd be running for mayor of New York City in 2017.

Massey was born in Boston, Massachusetts where he attended Roxbury Latin School. He graduated from Colgate University with a Bachelor of Arts degree in economics in 1983.

After graduation, Mr. Massey began his career at Coldwell Banker Commercial Real Estate Services in Midtown Manhattan as head of the market research department, then as an investment sales broker.

Together with Partner Robert A. Knakal, whom he met at Coldwell, he founded Massey Knakal Realty Services. With over 225 employees serving more than 200,000 property owners, Massey Knakal Realty Services was ranked New York’s #1 investment sales firm in volume for the 14th consecutive year by CoStar Group, a national independent tracking agency. With more than $2 billion in annual sales, Massey Knakal was also ranked as one of the nation’s largest privately owned real estate brokerage firms. As CEO of Massey Knakal, Mr. Massey oversaw the direction and growth of the company. He led the development of the firm’s strategic initiatives including geographic expansion as well as the growth of the firm’s service lines. Mr. Massey was also Chair of the firm’s Executive Committee. Additionally, in 2014 alone, Mr. Massey completed numerous transactions with an aggregate value of over $690 million. On December 31, 2014, Cushman & Wakefield acquired Massey Knakal and Mr. Massey was appointed President, New York Investment Sales.

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, 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, 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, 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, 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
277 Park 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, Associate Broker
1290 Sixth Avenue, New York, NY, (212) 575-2706
...
To see all, go to Advanced Search
  • Event Sales
  • Address 1080 Amsterdam Avenue
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 82,250
  • Price $ 29,100,000
  • Price per foot $ 353.80
  • Publication Date 12/01/2015
  • Event Date 10/22/2015
  • Party 1 Mount Sinai St. Luke's
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Hall Oster, Paul Massey, Teddy Galligan, Andrew Barry
notes
Mount Sinai St. Luke's sold the fee position for $29.1 million.
  • 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
[EMPTY]
  • Event Sales
  • Address 229 East 67th Street
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Price $ 6,430,000
  • Publication Date 12/01/2013
  • Event Date 10/22/2013
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Guthre Garvin, Paul Massey
notes
The property sold for $6.43 million.
  • Event Sales
  • Building Name 40-42 Elizabeth Street and 159-165 Canal Street
  • Address 165 Canal Street
  • Neighborhood Chinatown
  • Borough Manhattan
  • Square feet 29,425
  • Price $ 33,600,000
  • Price per foot $ 1,141.89
notes
The adjacent properties sold for $33.6 million, or about $1,142 per square foot.
  • Event Sales
  • Address 40-42 Elizabeth Street 159-165 Canal Street
  • Neighborhood Chinatown
  • Borough Manhattan
  • Price $ 33,600,000
  • Publication Date 12/01/2013
  • Event Date 10/17/2013
  • Party 1 Broker Paul Massey, Robert Burton, Nick Petkoff
  • Party 2 Oved Group
notes
[EMPTY]
  • Event Sales
  • Address 600 Madison Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 315,918
  • Price $ 210,000,000
  • Price per foot $ 664.73
  • Publication Date 10/01/2013
  • Event Date 08/22/2013
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Paul Massey, Clint Olsen
notes
The building's fee position sold subject to a long-term ground lease for $210 million. The property has 280 feet of frontage.
  • Event Retail Leasing
  • Address 101 West 87th Street
  • Neighborhood Upper West Side
  • Borough Manhattan
  • Square feet 1,431
  • Publication Date 09/01/2013
  • Event Date 07/23/2013
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker David Chkheidze, Paul Massey
notes
A private school leased retail space.
  • Event Sales
  • Address 567 Seventh Avenue
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 4,149
  • Price $ 7,250,000
  • Price per foot $ 1,747.41
  • Publication Date 06/01/2013
  • Event Date 04/22/2013
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Paul Massey, Robert Knakal, Ryan Horvath
notes
The property sold for $7.25 million. The building is net leased to Paris Baguette, a Korean baked-goods chain.
  • Event Sales
  • Address 104 Suffolk Street
  • Neighborhood Lower East Side
  • Borough Manhattan
  • Square feet 10,000
  • Price $ 5,500,000
  • Price per foot $ 550.00
  • Publication Date 05/01/2013
  • Event Date 03/22/2013
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Michael DeCheser, Paul Massey, Guthre Garvin
  • Party 2 Brokerage Rosemark Group
  • Party 2 Broker Daniel Schlesinger, Jaclyn Rosenberg
notes
The property sold for $5.5 million, or $550 per square foot. The price represents a capitalization rate of 4.8 percent.
  • Event Sales
  • Address 165 East 71st Street
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Square feet 4,500
  • Price $ 5,900,000
  • Price per foot $ 1,311.11
notes
The property sold for $5.9 million, or about $1,311 per square foot.
  • Event Sales
  • Address 1653 Madison Avenue
  • Neighborhood East Harlem
  • Borough Manhattan
  • Price $ 1,580,000
  • Publication Date 08/01/2012
  • Event Date 06/22/2012
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Lev Kimyagarov, Paul Massey
notes
The development site sold for $1.58 million. The property has approved plans in place for a 24,375-square-foot residential building. Includes 1655 Madison Avenue.
  • Event Sales
  • Address 1482 First Avenue
  • Neighborhood Upper East Side
  • Borough Manhattan
  • Square feet 6,888
  • Price $ 3,010,000
  • Price per foot $ 436.99
  • Publication Date 06/01/2012
  • Event Date 04/22/2012
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Thomas Gammino, Paul Massey
notes
The property sold for $3.01 million, or about $437 per square foot. There are about 16,000 square feet of air rights available for future development.
  • Event Sales
  • Building Name 607-09 Hudson Street
  • Address 607 Hudson Street
  • Neighborhood West Village
  • Borough Manhattan
  • Price $ 33,250,000
notes
The 56,800-square-foot assisted-living facility sold for $33.25 million. The buyer plans to convert the property to condos.
  • Event Sales
  • Address 237 East 53rd Street
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 25,176
  • Price $ 12,700,000
  • Price per foot $ 504.45
  • Publication Date 11/01/2010
  • Event Date 09/22/2010
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Clint Olsen, Paul Massey
notes
The two buildings sold for $12.7 million, or $504 per square foot. The price represents a capitalization rate of 5.9 percent.
  • Event Sales
  • Address 34 East 61st Street
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Price $ 10,000,000
  • Price per foot $ 1,024.00
  • Publication Date 11/01/2010
  • Event Date 09/22/2010
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Guthre Garvin, Paul Massey
notes
The restaurant building sold for $10 million, or $1,024 per square foot.
  • Event Sales
  • Building Name 526-46 East 82nd Street
  • Address 526 East 82nd Street
  • Neighborhood Yorkville
  • Borough Manhattan
  • Price $ 15,500,000
  • Price per foot $ 263.00
  • Publication Date 06/01/2009
  • Event Date 04/22/2009
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Thomas Gammino, Paul Massey
notes
The contiguous properties sold for $15.5 million, or $263 per square foot. The sales price represents a capitalization rate of 6.8 percent and a gross rent multiple of 9.5. The building has approximately 59,000 square feet, including 74 free-market units, 22 rent-stabilized units and 10 rent-controlled units.
  • Event Sales
  • Address 128 East 62nd Street
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Square feet 7,890
  • Price $ 6,900,000
  • Price per foot $ 874.52
  • Publication Date 04/01/2008
  • Event Date 02/21/2008
  • Party 1 Brokerage Massey Knakal Realty Services
  • Party 1 Broker Guthre Garvin, Paul Massey
notes
The co-op building sold for $6.9 million, or $875 per square foot. The price represents a gross rent multiple of 34.6.
  • Event Sales
  • Address 690 Castleton Avenue
  • Borough Manhattan
  • Square feet 19,716
  • Price $ 1,200,000
  • Price per foot $ 60.86
notes
The elevator building sold for $1.2 million, or $61 per square foot. The price represents a capitalization rate of 15.49 percent and a gross rent multiple of 3.5. The property contains two floors of medical office space, 14 parking spaces and two floors of residential space, which comprise 14 apartments that rent for below-market rates.
  • Event Sales
  • Address 1-3 Orchard Street
  • Borough Manhattan
  • Square feet 16,800
  • Price $ 9,400,000
  • Price per foot $ 559.52
notes
The 16,800 sf loft building sold for $9.4 million, or $560 per square foot. The price represents a capitalization rate of 2.17 percent.
  • Event Sales
  • Address 201 Sullivan Street
  • Neighborhood Greenwich Village
  • Borough Manhattan
  • Square feet 12,500
  • Price $ 8,100,000
  • Price per foot $ 648.00
notes
The retail and residential property sold for $8.1 million, which represents a capitalization rate of 5.1, a gross rent multiple of 13.6 and a per square foot price or $648. The property has one retail space and 21 residential units, of which 20 are rent stabilized and one is free market.
  • Event Sales
  • Building Name 138-140 East 31st Street
  • Address 138 East 31st Street
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 11,592
  • Price $ 2,800,000
  • Price per foot $ 241.55
notes
The walk-up properties sold for $2.8 million, which represents a capitalization rate of 5.5 percent, a gross rent multiple of 8.9 and a per square foot price of $237. The buildings contain a total of 47 units.
  • Event Sales
  • Address 137 Second Avenue
  • Neighborhood East Village
  • Borough Manhattan
  • Square feet 12,800
  • Price $ 4,800,000
  • Price per foot $ 375.00
notes
The landmarked building sold for $4.8 million, or $375 per square foot. Cabrini Medical Center sold the asset to provide funds for ongoing operations.
  • Event Sales
  • Address 209 East 25th Street
  • Neighborhood Kips Bay
  • Borough Manhattan
  • Price $ 18,000,000
notes
The elevatored properties, which total 48,916 square feet, sold for $18 million, which represents a capitalization rate of 4.1 percent, a per square foot price of $367.96, and a gross rent multiple of 14.5. The properties comprise 85 residential units, of which four are rent-controlled and 81 are rent-stabilized. Includes 211 East 25th Street and 290-294 West 12th Street.
  • Event Sales
  • Address Brighton Beach and Flatbush
  • Neighborhood Marine Park
  • Borough Brooklyn
  • Price $ 46,000,000
notes
[EMPTY]
  • Event Sales
  • Address 14 East 82nd Street
  • Neighborhood Upper East Side
  • Borough Manhattan
  • Price $ 12,200,000
  • Price per foot $ 1,182.00
notes
The elevatored townhouse sold for $12.2 million, or $1,182 per square foot. The three-unit property was gutted with the intention of converting it into a single-family townhouse, but the seller changed plans and sold the shell.
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