Bob Knakal successfully brokered the $88M sale of a 76,000-square-foot development site at 2-33 50th Avenue in Long Island City, Queens. This sale, which overcame significant zoning challenges and market volatility, highlights Bob's expertise in securing optimal outcomes for sellers, even during complex conditions like the Amazon HQ2 reversal and the COVID-19 pandemic.
Bob Knakal facilitated the $5.7M sale of a unique 50-foot-wide industrial building at 351 East 61st Street in Lenox Hill, Upper East Side. Originally contracted at $3.8M, the property’s strategic location and C8 zoning attracted significant development interest. Discover the insights behind this notable real estate transaction.
Bob Knakal successfully closed the $49.8M sale of a prime development site at 509 West 38th Street, located in the booming Hudson Yards neighborhood. This deal highlights the complexities of partnership dynamics in real estate and the importance of expert brokerage in establishing fair market value. Discover how a competitive marketing process generated 24 offers, benefiting all parties involved.
Bob Knakal successfully closed the $30M sale of a prime development site at 507-511 West 33rd Street, located in Manhattan's rapidly growing Hudson Yards. This transaction highlights Bob's expertise in navigating competitive offers and strategic negotiation, transforming an initial $22M offer into a record sale price. Discover how this deal benefited both the seller, Sanford Plotkin, and the buyer, Related Companies, as part of their expansive Hudson Yards redevelopment efforts.
Bob Knakal successfully facilitated the $128M sale of development sites at 501 and 511 West 35th Street in Manhattan's Hudson Yards. This transaction, involving Alloy Development and Eliot Spitzer, showcases the impact of key zoning bonus programs and market timing in a rapidly growing neighborhood. Discover how strategic marketing and collaboration led to this record-breaking deal, highlighting the demand for prime development sites in one of New York City's most competitive real estate markets.