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New York & Tri-State  + Downtown New York  + Apartments  | 
42 Bank St. is part of the RB Portfolio, a family-owned group of apartment properties in the West Village and SoHo

JLL Markets Auction of Family-Owned Portfolio in West Village, SoHo

JLL Capital Markets is marketing the public auction of the RB Portfolio, a collection of six walk-up, mixed-use properties in Manhattan’s West Village and SoHo neighborhoods. The auction is scheduled for Dec. 6 and 7 at New York County Courthouse. 

The portfolio offers 146 apartments, 82% of which are free market, and six commercial spaces. Although the buildings are being marketed simultaneously, they will be sold individually as separate offerings on an as-is basis. 

A JLL Capital Markets team led by chairman, NY investment sales Bob Knakal and managing directors Jonathan Hageman, Hall Oster, Guthrie Garvin and Clint Olsen is leading the marketing campaign. The properties have been under family ownership for an average of 40 years. 

“The RB Portfolio offers an incredible opportunity to acquire predominantly free market buildings with significant value-add potential in some of the most sought-after neighborhoods in all of New York City,” said Knakal. 

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Inside The Story

JLL's Knakal

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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