In 2009 and 2010 “you could have rolled a bowling ball down the aisle” at the International Council of Shopping Centers’ RECon conference “and it wouldn’t have hit anybody,” Massey Knakal executive vice president of retail leasing Benjamin Fox told The Commercial Observer.
But when an estimated 33,000 real estate professionals converged upon one million Read More
Todd Korren joined Massey Knakal Realty Services yesterday, stepping out from the transaction-based roles that made him one of the city’s elite brokers and into a managerial role as Managing Director of Manhattan.
Mr. Korren, who spoke exclusively with The Commercial Observer about his new role, will be responsible for the day-to-day operations of the Read More
On the Market
Massey Knakal is marketing a massive lot for long-term net lease at 39-19 21st Street for $1.5 million, hoping to capitalize on the rapid development occurring in western Queens.
Neatly tucked between a number of strategic roadways and two rapidly changing neighborhoods, the 100,000-square-foot lot on the corner of 39th Avenue and 21st Street sits between Long Island City and Astoria, Queens.
“It’s rare to come up with this large a footprint along a main drag,” said Benjamin Fox, executive vice president of retail leasing with the firm, who is exclusively marketing the property.
The YDE School in Brooklyn will be moving its school to Sheepshead Bay.
The private religious school will be moving its facilities from 49 Avenue T in Gravesend to 2533 Coney Island Avenue. The new facility is set to open at the beginning of the 2013 school year and start off as a high school Read More
To seasoned retail brokers, the very concept of the next big neighborhood in a city that has been developed several times over is, well, naïve. Still, as The Commercial Observer recently learned, most are still looking for a reason to believe.
Known for his ability to sniff out emerging neighborhoods in New York long before his competitors, the retail leasing veteran Benjamin Fox recently left Winick Realty, where he served for three years as president, and shifted to Massey Knakal, where he will now helm that firm’s new Retail Leasing Services group. Mr. Fox, Read More
Most of the talk about Walmart opening a store in New York City has focused on outlets at the edges of the outer boroughs or possibly small stores scattered here and there. But what if the big-box retailer opened a store in the heart of Manhattan?
That is the real possibility presented by Read More