News: Brokerage
Posted: February 4, 2016

Knakal, Hageman and Brodhead of Cushman & Wakefield retained to sell 6 Columbus Circle

Robert Knakal, Cushman & Wakefield Robert Knakal, Cushman & Wakefield
New York, NY Cushman & Wakefield has been retained on an exclusive basis to sell 6 Columbus Circle, a luxury hotel and world-class development opportunity located at the heart of Columbus Circle. Ownership is requesting proposals by Friday, February 19. The property is situated with 42 ft. of valuable frontage along one of Manhattan’s most recognized corridors known for its world-class shopping, fine-dining and notable cultural amenities. These features have translated into a prestigious residential and commercial enclave that features some of the world’s most exclusive properties. The existing luxury hotel generates significant revenue and given its premier location adjacent to “Billionaire’s Row”, 6 Columbus Circle represents a tremendous mixed-use development opportunity that will undoubtedly receive unprecedented residential and retail demand.
Ownership has proposed plans for an illustrative development concept adhering to all zoning regulations applicable to 6 Columbus Circle. Their initial design portrays an elegant, mixed-use tower that would rise 700 ft. above street level. The vertical retail concept features soaring ceiling heights that would provide exceptional selling space throughout. The residential component will offer residents sweeping views of Central Park, the Hudson River and Manhattan.
Bob Knakal, chairman, New York investment sales at Cushman & Wakefield is exclusively marketing this property with Jonathan Hageman and Chris Brodhead.
“This is a world-class development opportunity and we anticipate tremendous interest from across the globe,” said Knakal.
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