-- Bob Knakal, a legendary figure in New York City's commercial real estate market, has achieved a remarkable milestone with 2,320 building sales, amassing over $22.3 billion in transactions. This accomplishment, spanning four decades, highlights Knakal's significant role in sculpting the city's skyline and reshaping the real estate industry.
From his early beginnings as an intern at Coldwell Banker Commercial Real Estate, Knakal, a native of Maywood, NJ, and a graduate of The Wharton School at the University of Pennsylvania, has consistently demonstrated innovative approaches to real estate. His tenure at Massey Knakal Realty Services, a firm he started in 1988 with Paul Massey, saw the completion of over 6,000 transactions valued at more than $23 billion, significantly outpacing competitors in the New York City market
Knakal's strategic focus on hyper-local markets within New York City has been a key factor in his success. His in-depth understanding of each neighborhood's unique characteristics and potential has allowed him to navigate and excel in a highly complex and diverse market.
One of Knakal's most innovative tools is the "Knakal Map Room." Created during the early days of the COVID pandemic, this tool involved walking every street in Manhattan and meticulously documenting every development site, potential area, apartment complex, office building, and special-use property. This effort resulted in a comprehensive, color-coded Block and Lot Map of Manhattan, which stands as a testament to Knakal's attention to detail and deep understanding of the city's geography.
His portfolio showcases an array of significant property sales, including development sites and apartment buildings, with notable transactions such as the $357 million sale of a development site next to the Chrysler Building and the $180 million sale of an elevator building on East 72nd Street. Knakal's expertise in areas such as air rights, zoning, construction, design, and property valuation, especially for small to mid-sized buildings, sets him apart in the field
In 2018, Knakal joined JLL (Jones Lang Lasalle), the second-largest commercial real estate brokerage in the world, as Head of the NY Private Capital Group. At JLL, he continues to implement and refine the system he began in 1984, leading notable projects and contributing innovative solutions in the competitive NYC real estate market
Knakal's impact on New York City extends beyond property sales; his transactions have significantly enhanced the city's tax revenues and community welfare. Embracing modern trends, he incorporates cutting-edge AI and internet strategies in his work, ensuring his continued prominence in the real estate market.
For more information, Visit Bob Knakal on LinkedIn
About Us: One Page Case Studies, founded by Ed Winslow and Caroline Vega, is an innovative digital platform dedicated to transforming Bob Knakal’s legendary Territory System into a universal business strategy. The platform introduces ‘Proof Stacking’ and provides a mastermind course and mentorship program, empowering a global audience with skills in localized SEO and marketing and offering a blueprint for success in today’s digital world.
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