Goodman Report Podcast with New York City Powerhouse Broker Bob Knakal

In the inaugural episode of Goodman Report Podcast, host Mark Goodman interviews Bob Knakal, a veteran in the New York City commercial real estate industry with over 40 years of experience.

We dive into Bob’s incredible career and his strategies for success in one of the world’s most competitive real estate markets.

Bob is a true titan in commercial real estate. As the founder of BKRE in New York City, he has led some of the city’s largest, high-profile transactions and personally sold billions of dollars in properties. His expertise in the Manhattan market is unmatched.

Bob shares his unexpected entry into real estate, his rigorous daily routine, and his business strategies.

The discussion covers the differences between the Vancouver and Manhattan real estate markets, the impact of technology, and the challenges of housing affordability.

Bob emphasizes the importance of mentorship, delegation, and perseverance in the industry.

The episode concludes with insights into Bob’s career and advice for newcomers in real estate.

Topic highlights include:

• Bob’s journey from beginner to #1 commercial broker in Manhattan
• Gaining a competitive edge: Asset class specialization and geographic focus
• A “day in the life” of Bob Knakal – working 16-hour days, staying energized, and achieving it all
• Bob’s favorite aspects of the business: Negotiation, business origination, valuation, marketing, mentoring, and more
• A deep dive into the Manhattan market: Number of properties, turnover rates, average deal size, cap rates
• Navigating the political climate: Rent control, over-taxation, landlord vilification, and more
• Bob’s biggest mistakes and lessons learned in his 40-year career (spoiler alert: no one wins every deal)
• How Bob is embracing change, including AI, in his new venture
• Whether you’re a seasoned pro or just starting out, this episode is packed with invaluable insights from one of the best in the business.