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Chinatown, Financial District, TriBeCa

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Mr. Petkoff is a graduate of the University of Pennsylvania's Wharton School of Business and the Lauder Institute, where was awarded his MBA in Strategy and Technology Management and a Master's degree in International Business. He also holds a Juris Doctorate degree from Duquesne University School of Law and a Bachelor of Arts degree in Communications from Duquesne University.

Mr. Petkoff began his real estate career at Massey Knakal Realty Services in 2005 as Director of Sales. Since 2005, he has been involved in the sale of properties with an aggregate value of over $240,000,000, including a face value note of $63,000,000 on a 300,000 square foot office building in the Financial District and a land note of approximately $41,000,000 on approximately 250,000 buildable SF site downtown. He has represented a variety of clients, from institutional ones like US Bank, Bank of America, Capmark Bank, to individual owners.

Prior to covering FiDi and Tribeca, Mr. Petkoff worked in Forest Hills and Rego Park in Queens. While working in Forest Hills, Mr. Petkoff handled fifteen sales including the sale of a 45,000 square foot development site, a New York Sports Club, and a large residential portfolio that closed for $84,000,000. In 2007, he was awarded with Massey Knakal’s John. H. Holler Salesperson of the Year Award along with Real Estate Weekly’s Rising Star award.

Mr. Petkoff has been interviewed by the Wall Street Journal and has published multiple articles. In addition, he spent a summer working for James Schamus and Ang Lee, the producer/director team behind the 2006 Oscar nominated Brokeback Mountain and the 2001 Oscar Winner Crouching Tiger, Hidden Dragon.

Before joining Massey Knakal, Mr. Petkoff was the Chief Operating Officer (COO) at the American University in Bulgaria (AUBG). He also developed, managed and promoted the school's Executive MBA Program. Prior to AUBG, he focused on strategy, business development and technical recruiting at Igate Corporation, a Nasdaq listed, Pittsburgh-based consulting company.

Mr. Petkoff can be reached in the Manhattan office at (212) 696-2500 x7766.

• Community Housing Improvement Program (CHIP) Associate Member
• Achilles International Contributor

Downtown Manhattan Commercial Property Sales Market: 2011 in Review
1.11.2012
The number of property sales in Downtown Manhattan, below Canal Street, increased to 35 in 2011 from 31 in 2010. This is still below the average number of sales, which varies between 40 and 50 per year. An interesting statistic this year is that, of the 35 sales, ten were note sales or pre-foreclosure sales. Distressed sales in the Financial District (FiDi) included: 264 Water Street, 33 Beekman Street, 111 Washington Street, 104-106 South Street, 375 Pearl Street, 40 Broad Street and 32 Water Street. Distressed sales in TriBeCa included: 345 Greenwich Street (retail condo), 408 Broadway and 177 Franklin Street. Six of the ten were vacant sites/conversions, similar to 2010, when seven out of the twelve distressed sales were development sites. View Article