As construction projects progress, new sites are identified, or market conditions change, the map and database are kept current to reflect the latest information. This makes the map a real-time resource for anyone tracking land development in New York City. The Map was originally created via field inspection in 2020 during the pandemic as Bob Knakal drove and walked each block south of 96th Street on the eastside and 110th Street on the westside. The Knakal Map Room also contains a development site comparable sales study that goes all the way back to 1984, analyzing every development site sold over the past 4 decades. Additionally, advanced AI models are integrated into the data to predict emerging trends, offering developers and investors actionable insights into future opportunities. The Knakal Map Room also includes a comprehensive buyer’s database, consisting of the developers of every building from four units up to the largest projects in the city. All of the data in The Knakal Map Room affords BKREA clients the ability to make more informed, and smarter, decision-making.
The Knakal Map Room was meticulously created through 220 hours of fieldwork during the pandemic, ensuring that BKREA has the most up-to-date pipeline of development projects. This pipeline, like all BKREA development site data sets, is disaggregated into five buckets: 1) residential rental, 2) residential condo, 3) hotel, 4) office and 5) miscellaneous (for everything not fitting into the first four buckets. Both pending and active development sites, as well as potential sites and possible assemblages are highlighted in different colors on The Map. The Map was originally created in the field in 2020 and, since then, BKREA has tracked every demolition permit, building permit and construction permit, and updated The Map accordingly. The massive 24-foot by 10-foot map details everything in Manhattan and is chock full of the most up to the minute data in the market. Today, The Map creates sensory overload for our visitors. The Map is color-coded with various colored highlights and post-its, marking everything from sold properties to available sites, and is categorized into the five main development buckets.
We've had the privilege of hosting a wide range of industry professionals at the Knakal Map Room. Below is a snapshot of just some of the many guests who have explored this unique resource. Whether you're looking to buy, sell, or simply gain a deeper understanding of the Manhattan land market, we invite you to visit the Knakal Map Room and experience this invaluable tool firsthand.