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With 2,391 properties sold totaling approximately $24.1 billion in transaction volume, Bob Knakal has witnessed every cycle of New York City commercial real estate over the past four decades. But according to Knakal, the traditional brokerage formula — more calls, more pitches, more listings — is no longer enough.
As founder of BKREA, he is leading a structural shift away from volume-driven brokerage toward intelligence-driven advisory. In today’s market, he argues, data wins. Precision wins. Deep interpretation wins.
For decades, brokerage success was measured by activity volume — calls made, listings secured, transactions closed. But as capital markets tighten and investors demand transparency, expectations have changed.
Modern clients now require:
The shift reflects a broader evolution in investment sales advisory — particularly in high-density urban markets where complexity demands deeper specialization.
Knakal emphasizes that technology does not eliminate relationships — it enhances them. Brokerage remains relationship-driven, but competitive advantage now belongs to firms that institutionalize intelligence and deploy it with precision.
As development cycles grow more complex and institutional capital becomes more selective, BKREA’s data-forward strategy represents not just a firm-level pivot, but a model for the future of commercial real estate advisory.
Bob Knakal has sold 2,391 properties totaling approximately $24.1 billion in transaction volume over his career.
It is a proprietary research initiative analyzing 2,444 Manhattan development site sales since 1984, tracking pricing trends, zoning shifts, and development patterns.
BKREA replaces volume-based brokerage with hyper-specialization, AI-enhanced analytics, zoning expertise, and predictive advisory strategy.
An internal team focused on zoning intelligence, regulatory analysis, and development feasibility designed to uncover value before assets hit the market.
As investors gain access to more data, they demand structured interpretation, predictive insight, and strategic advisory rather than transactional intermediation alone.