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Robert Knakal re-elected as Prescott president for 10th consecutive year.


Massey Knakal Realty Services announced that its chairman and founding partner Robert A. Knakal has been re-elected president of The Prescott Foundation for Children and Youth for the 10th consecutive year.

Knakal, a graduate of the Wharton School of Business at the University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli.

http://upenn.edu/.

Address: Philadelphia, PA, USA.
, began working with the Foundation after he sold their former East 53rd Street headquarters in 1990. After he sold the building, Knakal was asked to join its Board of Directors and in 1997, was elected president.

"Serving the educational needs of underprivileged children is a very important objective, particularly in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, and I am happy that I'm able to do my part to help," Knakal said.

The Prescott Foundation for Children and Youth has a storied history dating back to the 1800's. In 1858, in an effort to lead the way to social betterment bet·ter·ment  
n.
1. An improvement over what has been the case: financial betterment.

2. Law An improvement beyond normal upkeep and repair that adds to the value of real property.
, The Church of the Divine Paternity The state or condition of a father; the relationship of a father.

English and U.S. Common Law have recognized the importance of establishing the paternity of children.
 established a program at a rented store on East 58th Street in Manhattan.

As its activities grew, it became necessary to find larger quarters. A building on East 54th Street, known as Brevoort Hall, was then acquired but by 1918, the need for better facilities was again indicated.

At that time, a young woman, Priscilla Van Wyke, decided to forego a debutante party offered by her parents and instead asked them to use the funds to purchase a brownstone brownstone, red to brown variety of sandstone. Its unusual color is caused in some instances by the presence of red iron oxide which acts as a cement, binding the sand grains together.  building at 247 East 53rd Street to replace Brevoort Hall. After this brownstone was rebuilt and enlarged as a community service center, she named it The Prescott Neighborhood House in memory of her grandparents grandparents nplabuelos mpl

grandparents grand nplgrands-parents mpl

grandparents grand npl
. It was then operated as a social settlement house, funded primarily by her parents and The Church of Divine Paternity.

By 1990, most of the children enrolled did not live in the neighborhood. Therefore, it was decided to transfer them to other centers nearer their homes and to discontinue its operations on East 53rd Street. Having completed its services to the East Midtown mid·town  
n.
A central portion of a city, between uptown and downtown.


midtown
Noun

US & Canad the centre of a town
 area of Manhattan, the building was sold by Knakal, and the proceeds used to establish a private foundation to support the educational needs of underprivileged children.

For more information on the Prescott Fund, please contact Knakal's personal assistant, Erin Mitchell, at 212-696-2500, x7787.
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Comment:Robert Knakal re-elected as Prescott president for 10th consecutive year.(TRANSCRIPT)
Publication:Real Estate Weekly
Date:May 23, 2007
Words:365
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