Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Bob Knakal Reaches $10 Billion In Sales

02/19/2014

Massey Knakal Realty Services is pleased to announce that Chairman Bob Knakal has achieved a career milestone with $10 billion in personal sales. The recent sale of 511 West 35th Street for $88 million pushed Mr. Knakal above the $10 billion mark.

“This is a tremendous accomplishment, and I couldn’t be happier for or more proud of my good friend and business partner of over 25 years.  The best part is that Bob is still accelerating… each year he closes more transactions at a higher dollar volume.  He’ll be at $15B before you know it,” said Massey Knakal CEO Paul J. Massey, Jr.

Knakal has been personally responsible for the sale of more than 1,500 buildings. Some of his most notable transactions include the sale of Harry Macklowe’s multifamily portfolio for $187 million and the sale of the $117 million assemblage sale of the development site making up the entire westerly blockfront on Sixth Avenue between 30th and 31st Street. Bob attributes his success to his many loyal clients, the Massey Knakal brokers he has worked with over the years and specifically to his dedicated personal sales team which is led by Jonathan Hageman, sales team manager.

“I owe a lot to other people. Primarily my clients, without whom there would be nothing to do. Their trust and loyalty is, and always has been, greatly appreciated. Also, all of the great Massey Knakal brokers who I have worked with and my personal sales team have been invaluable to me,” said Bob Knakal.

Bob’s outstanding achievement in the New York City business community has not gone unnoticed. He is a two time recipient of the Real Estate Board of New York’s Robert T. Lawrence Award for the Most Ingenious Deal of the Year for his sale of 41 West 47th Street and the sale of the assemblage for the Milan at 55th Street and Second Avenue.  He was also honored with REBNY’s Louis Smadbeck Broker Recognition Award for Lifetime Achievement in Commercial Brokerage. The award honors a broker whose career distinctions include personal and professional integrity, long term leadership and prominence in the brokerage community, and participation on Real Estate Board committees.  

Massey Knakal is a diversified real estate company, exclusively representing owners in the sale, retail lease and financing of their properties. With over 150 employees, four offices and thorough coverage of the five boroughs of New York City, Westchester County, Long Island and New Jersey, Massey Knakal dominates the New York metropolitan area's property transaction marketplace. http://www.masseyknakal.com

02/19/2014 - 09:44

Source

Cushman & Wakefield Capital Markets Group New York

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