We’ve heard stories of hot houses selling like hot cakes: A historic house in Chappaqua went on the market Tuesday morning and sold by Tuesday night. For above the asking price! In White Plains, a 5-bedroom colonial-style house went on the market on a Friday afternoon; 20 people came through… Read More →
120 Bloomindale Road in White Plains: Faros Properties in partnership with Caspi Development has appointed Executive Managing Director Gregory V. Frisoli and Senior Managing Director Lawrence (Larry) A. Ruggieri of Newmark Grubb Knight Frank as the exclusive leasing agents for its 145,000 square foot 120 Bloomingdale Road office complex in… Read More →
In and around New York City, luxury rentals are all the rage these days. With mortgages hard to come by in the wake of the global financial crisis, the push toward apartment living has flooded up into the northern suburbs and beyond. And with monthly rents well above $3,000 in… Read More →
The financial services sector is coming back – and they want offices in White Plains. A new study from Jones Lang LaSalle researcher Erin Patterson has found that the businesses in this field (hedge funds, accountants, etc.) have been requesting the most commercial real estate. Her report, detailed in the… Read More →
J.P. Endres Fein of White Plains has been sworn in as president of the New York State Association of Realtors. She is a licensed broker and office manager with Better Homes and Gardens Rand Realty in White Plains, and the post NYSAR post will last a year. Fein is a past… Read More →
Mack-Cali Realty Corporation today announced that it leased 242,310 square feet during the fourth quarter at its office and office/flex properties in Westchester. Most of the deals were commercial real estate renewals, but there were several expansions as well. Highlights of the fourth quarter transactions include: Nestlé Waters North America, Inc.,... Read More →
In a move that demonstrates the strength of the local rental market, Better Homes and Gardens Rand Realty has acquired Paddington Stone Realty. The deal, which was closed Wednesday and announced today, puts BHG Rand Realty in a better position to work with people who rent, said Joe Rand, managing… Read More →
LoHud Real Estate will be hosting its first Twitter Chat next week. The event will be take place 12-12:30 p.m. Wednesday, Feb. 6, on Twitter – using the hashtag #HouseChat. I’ll be joined by Felice Wyloge, an associate real estate broker for Houlihan Lawrence, and we’ll discuss the state of… Read More →
Thanks in large part to PepsiCo, a leading commercial real estate firm reported a spike in fourth-quarter office deals accompanies by an increase in asking rental rates. Those two trends are indicative of a rebounding local economy; however, the overall statistics for 2012 showed that the commercial real estate market… Read More →
The Westchester commercial real estate market has been dominated by the smaller companies since the great recession began. Most leasing activity has been for minor expansions of existing offices or a the moving of a small company to an office park suite somewhere in the county. Erin Patterson, a researcher… Read More →
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