power broker

Robert-Knakal

By the Numbers: Robert Knakal and the Statistics Behind his Success

Robert Knakal has long had a simple philosophy about selling real estate.

The way he sees it, there are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller at the right time. Read More

Investment Sales

77 Commercial Street. (Courtesy Property Shark)

Chetrit Eyes 77 Commercial Street

Joe Chetrit is leading a partnership of investors in the acquisition of 77 Commercial Street, a development parcel in Greenpoint, Brooklyn that can accommodate about 270,000 square feet of residential development.

It’s not clear what Mr. Chetrit has negotiated to pay in the deal, but the property was being marketed by a Massey Knakal team led by the company’s chairman, Robert Knakal, that sources said was aiming to net a purchase price in the high $20 millions. Read More

Legal Matters

The scene of the alleged crime.

Exclusive: Judge Recused in $11M Real Estate Fraud Case at 315 W. 35th Street

A New York Supreme Court judge has recused himself from a case involving an alleged $11 million real estate fraud and referred the matter to the Brooklyn District Attorney’s office.

The suit involves 315 West 35th Street, a 60,000-square-foot Midtown building that Isaac Chetrit, a cousin of the prominent real estate investor Joe Chetrit, has been trying to foreclose on. Read More