By Robert Knakal 12/08/11 12:41pm

concrete thoughts

Robert Knakal

As the U.S. Economy Goes, So Goes Retail

When we look at the performance of the retail sector of the building sales market, we generally look at how the retail rental market is doing to gain some insight into what can be expected on the sales side.

To a large degree, the health of this sector is dependent upon consumer sentiment and, subsequently, Read More

By Daniel Edward Rosen 12/07/11 3:00pm

ICSC

The Flatiron District, one of many suggested "hot" "new" neighborhoods.

Q: The City's Next Hot Neighborhood? A: Take Your Pick

To seasoned retail brokers, the very concept of the next big neighborhood in a city that has been developed several times over is, well, naïve. Still, as The Commercial Observer recently learned, most are still looking for a reason to believe. Read More

11/22/11 4:37pm

Ellaina Dreifach, Former First Vice President of Retail at Massey Knakal, will be a director at JDF Realty.

Former Massey Knakal Retail Director Lands at JDF Realty After Resignation

Ellaina Dreifach, the former director of retail leasing for Massey Knakal who left the firm after only nine months following a public dispute, has landed a job at JDF Realty, she told The Commercial Observer.
JDF Realty principal Robert Frischman confirmed the hire in an email to The Commercial Observer, adding that she will be a “director” at the firm.
Read More

By Jotham Sederstrom 5/27/11 5:41pm

Tales of Investment Sales

10th Avenue Buyout: $42 M.

Sherwood Equities and Fidelity Real Estate Group have entered into a joint venture to purchase 356-366 10th Avenue, a stalled development site in the rapidly growing Hudson Yards district, for $42 million, according to a source familiar with the transaction. Located adjacent to the northern end of the High Line, the site will allow for Read More

By Laura Kusisto 4/11/11 9:29pm

Big Real Estate

Mammoth Uptown Portfolio Up for Sale

Massey Knakal is marketing one of the largest investment-sales portfolios in recent years in New York City.

The more than 200,000-square-foot bouquet includes six development sites and income-producing properties in northern Manhattan. “We expect tremendous interest in this portfolio, which would take years to put together individually,” firm chairman Robert Knakal, who is leading the assignment (and Read More

By Jotham Sederstrom 3/16/11 9:27pm

Trading Spaces

Upper West Side Mixed-Use for Sale: $13.5 M.

A landmarked, 124-year-old building at the center of the Upper West Side’s high-end shopping stretch has gone on the block for $13.5 million, according to brokers. Besides being historic, however, the mixed-use building at 241-247 Columbus Avenue, at 71st Street, is already home to more than 100 feet of retail frontage, including space filled by Read More

By Jotham Sederstrom 3/01/11 2:30pm

the sit-down

Paul Massey Speeds Ahead

As co-founder and chief executive of Massey Knakal, Paul Massey Jr. has overseen the rise of New York City’s largest investment-sales brokerage. Mr. Massey, 51, talked last week about the launch of the firm’s new Capital Services group, his forecast for 2011 and partner Robert Knakal’s legendary coif. 

The Commercial Observer: Read More