Back To Press

Bob Knakal CEO of BK Real Estate Advisors Announces the Historic Friars Club Building in NYC is Now Available For First Time

Read the Full Article on Business Insider - Click Here

The legendary Friars Club Building at 57 East 55th Street is now available for the first time, exclusively marketed by Bob Knakal, Chairman & CEO of BK Real Estate Advisors (BKREA). A symbol of New York City’s entertainment legacy, this Midtown Manhattan mansion was once the epicenter of celebrity roasts and private gatherings of comedy royalty.

Key Highlights:

  • Unparalleled Entertainment Heritage: Hosted icons like Frank Sinatra, Johnny Carson, Robin Williams, and Don Rickles, making it one of the most storied properties in NYC show business history.

  • Prime Midtown Manhattan Location: Situated between Park and Madison Avenues, 57 East 55th Street offers unmatched proximity to world-class hotels, fine dining, and major transportation hubs.

  • Historic Architecture: The building showcases old-world charm and classic design, preserving a rare style of craftsmanship that is increasingly difficult to replicate in modern construction.

  • Cultural Significance: Known for its infamous celebrity roasts, the Friars Club set the gold standard for comedic tributes, influencing comedy formats for generations.

  • Exclusive Marketing Team: Spearheaded by Bob Knakal, with teammates Tom Brady and Jake Hulsh, BKREA brings unmatched expertise in high-profile, historically significant property sales.

  • Rare Ownership Opportunity: This is the first time the building has been offered for sale since the Friars Club took ownership in 1957, presenting a one-of-a-kind opportunity for investors, developers, or institutions seeking legacy assets.

Frequently Asked Questions (FAQs):

Q: What is the asking price for the Friars Club Building?

A: The price is available upon request. Interested parties can contact BKREA for full offering details.

Q: Can the building be converted into another use?

A: Yes, subject to zoning and city approvals, the property offers potential for residential, hospitality, institutional, or commercial use.

Q: Why is the building being sold now?

A: The Friars Club has decided to sell the property, and BKREA has been exclusively retained to identify a buyer who will respect its legacy and value.

Q: Are tours available for interested buyers?

A: Private tours can be arranged by appointment through BKREA.

Q: Who should I contact to learn more or schedule a tour?

A: Please reach out directly to Bob Knakal or the BKREA team at info@bkrea.com for further information.