Robert Knakal
- Indexed articles, last 90 days
- 10
- Latest publication
- Sep 29, 2026
- Outlet visibility, for Commercial Observer
- Top 500K sites
- Earliest in this view
- Jul 8, 2026
Latest articles
In Manhattan Investment Sales, Money Is Moving Faster Than the Market (opens the original)
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There are many ways to measure the health of the New York City commercial real estate investment sales market, but one of the most commonly cited statistics can also be misleading: dollar volume. When dollar volume rises, the natural conclusion is that the market is more active. Sometimes it is. Sometimes it isn’t. Our research at BKREA shows that Manhattan is experiencing an interesting version of the latter today. According to our BKREA Manhattan dollar volume history, Manhattan investment sal
What Will You Do With Your Turn? (opens the original)
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At this time of year, as we remember Sept. 11, 2001, I inevitably find myself thinking about time. I think about the people who went to work that morning expecting it to be an ordinary Tuesday. I think about families who said goodbye assuming they would see each other that evening. And I am reminded of something we all know intellectually but too often forget in the way we live our lives: None of us knows how much time we have. Sept. 11 should never be reduced to a metaphor or a business lesson.
A Great Seller's Broker Creates a Strategy Based on Market Feedback (opens the original)
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One of the biggest mistakes a broker can make when marketing an investment property for sale is prescribing the entire structured marketing process, including bid dates, number of bidding rounds, etc., before the market has had an opportunity to speak. I have seen marketing proposals that lay out a neat sequence: four weeks of marketing, a bid deadline, a second round, a best-and-final round, contract negotiations and a closing. It looks organized. It looks professional. It may even give the sel
Where AI Stops in Commercial Real Estate, Judgment Begins (opens the original)
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In this column on July 14, I wrote about something I believe is going to become increasingly important in business , particularly in commercial real estate: The value of information is declining while the value of judgment is increasing. The premise was relatively simple. For most of my career, information was a great differentiator and had tremendous value because it was difficult to obtain. Knowing who owned a building, what it sold for, what the zoning allowed, what comparable properties trad
The Fever’s Down, But New York’s Rent-Stabilized Market Is Still Ill (opens the original)
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New York City’s rent-stabilized housing stock has an increasingly serious economic problem. For years, the operating expenses of these buildings have been rising much faster than their revenues. Insurance premiums, real estate taxes, water and sewer charges, fuel, labor, repairs and maintenance have all increased significantly, while the ability of owners to increase rents has been severely constrained. The Housing Stability and Tenant Protection Act of 2019 eliminated or restricted many of the
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