In this episode, Conrad talks with Bob Knakal, a legend in New York commercial real estate. They delve into the transformative power of AI and technology in the industry and the fluctuating real estate market. Bob shares anecdotes from his upbringing in a small New Jersey town, his career beginnings, and the formation of a 30-year partnership that shaped his path in real estate. They explore his strategic embrace of AI in business and his recent ventures. Bob touches upon the pivotal corrections in the real estate market, his social media journey, and the personal impact of staying ahead with technology. Beyond real estate, he shares tidbits about his passion for cooking, sports memorabilia, and his favorite books and music. The episode is a treasure trove of insights, motivational snippets, and detailed stories from Bob's distinguished career.

Timestamps:

00:00 The Rapid Evolution of AI

01:13 Introduction to Bob Knakal

02:12 Bob's Upbringing and Early Influences

04:52 Passion for Baseball and Competitive Spirit

10:32 Transition to Real Estate

12:52 Starting a Career in Manhattan

15:45 Founding a Real Estate Firm

19:52 Navigating Economic Crises

25:35 Market Dynamics: Discretionary vs Non-Discretionary Sellers

25:47 Turnover Rates and Market Activity

26:44 Interest Rates and Market Psychology

27:50 Election Impact on Market Decisions

29:58 Embracing Technology and AI in Business

33:02 The Power of Data and AI Models

36:55 Social Media: A Game Changer

43:09 The C-Suite Closers

49:00 Conclusion and Final Thoughts

You can check out everything that Bob is working on here:
https://bobknakal.com/

You can check out Bob's favorite foundations here:
https://www.icehockeyinharlem.org/
https://fconline.foundationcenter.org/fdo-grantmaker-profile/?key=PRES054

Find Bob on LinkedIn here:
https://www.linkedin.com/in/bobknakal/

Check out Great State Hat here!

greatstatehat.com

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