Never bet against NYC: Bob Knakal talks markets, policy, opportunity



30 Oct 2025

Legendary New York broker Bob Knakal shares lessons from more than four decades shaping the city’s investment landscape. He discusses the founding of Massey Knakal, the power of specialization, and how zoning and policy continue to define opportunity.

Knakal also explains why he’s integrating AI and data analysis into his brokerage, and why, despite political headwinds, he still believes you should never bet against New York.


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Key moments

  • 01:01 Meet Bob Knakal

  • 03:24 The early days of Massey Knakal

  • 04:50 Lessons learned and keys to success

  • 08:14 The importance of market expertise

  • 11:26 Founding BK Real Estate Advisors

  • 13:14 Specialization and market changes

  • 17:37 AI and technology in real estate

  • 24:15 The unique challenges of the New York market

  • 26:20 Current market cycles and trends

  • 29:57 Impact of political changes on housing

  • 32:42 Proposed solutions for housing issues

  • 38:35 Future of New York real estate


Our guest and host

Bob-Knakal-500x500's Profile
Bob Knakal

Chairman and CEO

BKREA

Cole Perry's Profile
Cole Perry

Associate Director of Research

Altus Group

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Disclaimer


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