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

BKREA has been retained to market for sale the legendary Friars Club Building at 57 East 55th Street. A cornerstone of New York’s entertainment history, the iconic mansion has hosted some of the greatest comedians and entertainers, including Frank Sinatra, Johnny Carson, and Robin Williams.

-- BKREA, led by industry icon Bob Knakal, has been exclusively retained to market and sell the historic Friars Club Building, a legendary landmark in the heart of Manhattan. Known as the cradle of comedy and a revered institution for some of the greatest entertainers in history, the Friars Club has long been a staple of New York’s cultural and social landscape.

Located at 57 East 55th Street, the storied mansion has been home to the Friars Club since 1957, offering an exclusive gathering space for entertainment industry legends, actors, and comedians. Over the decades, it has hosted the biggest names in show business, including Frank Sinatra, Johnny Carson, Billy Crystal, Robin Williams, Jerry Lewis, and Don Rickles. The club became famous for its no-holds-barred celebrity roasts, which set the standard for modern-day comedy specials.

“The Friars Club Building is one of the most historically significant properties in New York City’s entertainment history,” said Bob Knakal, Chairman & CEO of BKREA. “This is not just a building; it is a landmark that has housed the stories, laughter, and camaraderie of the most influential figures in comedy and entertainment. We are honored to be entrusted with this prestigious assignment and are committed to finding a buyer who appreciates its deep legacy and historic value.”

The Friars Club has long been a sanctuary for entertainers, providing a unique blend of social and professional networking. Its grand, old-world architecture and classic design have made it a cherished venue for decades, playing host to unforgettable evenings of humor, wit, and celebration.

“The opportunity to acquire this property is incredibly rare,” Knakal continued. “Given its prime location in Midtown Manhattan and its irreplaceable historical significance, we expect strong interest from investors, developers, and cultural institutions who recognize the value of preserving such an iconic space.” The marketing team for this building will consist of Mr. Knakal along with teammates Tom Brady and Jake Hulsh of BKREA.

As one of the United State’s most respected real estate brokers, Bob Knakal brings decades of expertise in handling landmark properties and high-profile transactions. His team at BKREA will strategically market the property to ensure its legacy is upheld while identifying the right buyer who can carry forward its storied past.

About BKREA

BKREA is a premier commercial real estate brokerage specializing in high-profile property sales across New York City. Led by Bob Knakal who has closed 2,347 property sales having a value in excess of $22 billion, BKREA is known for its expertise in marketing and selling historically significant and high-value properties.

About the company: Commercial Lending News is a media site providing commercial real estate updates including lending, banking, finance, commercial loans, interest rates, REITs, acquisitions and technology affecting the industry.

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