What does it take to dominate the New York City real estate market for decades and then pivot into an entirely new asset class? In this episode of The Bob Knakal Show, Bob sits down with Dov Hertz, founder of DH Property Holdings, to unpack an extraordinary career that’s reshaped skylines, built billion-dollar portfolios, and pushed the boundaries of what's possible in development.
Dov shares stories from his early days growing up in Brooklyn to his time assembling some of Manhattan’s most iconic development sites, including the legendary 220 Central Park South deal. Then, he explains why he shifted from luxury high-rises to industrial real estate and how he pioneered multi-story warehouse development on the East Coast.
From bold negotiation tactics to market insights and career-defining moments, this conversation is packed with lessons for developers, brokers, and anyone looking to play at the highest level of real estate.
🔹 Key Takeaways:
-How Dov Hertz became the secret weapon behind Extell’s major assemblages
-The real story behind the 220 Central Park South power play
-Why multi-story industrial buildings are the future of urban logistics
-The mindset shift from assembling air rights to building last-mile warehouses
-How to identify market gaps and pivot before the competition
-Why the most complicated deals are often the most lucrative
-The power of specialization and knowing your local market inside and out
-Lessons in negotiation, from legendary buyouts to standing ovations
-Don’t miss this rare look inside some of New York’s most high-stakes deals and the strategy it takes to stay ahead.
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