WHITE PLAINS — A yogurt company moving to former retail space on Bloomingdale Road, a Fortune 500 insurance company headed to South Broadway, and a millennial-owned startup thriving on Mamaroneck Avenue are all indications of a recent upswing in the office-space market in the White Plains central business district.
A vibrant downtown, easy access to public transportation and a willingness by the city’s government to work with business are all fueling the turnaround, experts say, along with a change in what companies are looking for in their workplaces.
“Companies are buying into the urban, transit-oriented place for their employees,” said Howard Greenberg, a commercial real estate expert in White Plains.
That includes some businesses choosing to move to non-traditional spaces over existing office stock, he noted.
“They are kind of saying, ‘Gee – everything around here is boring… Let’s see if we can do something that’s a little more interesting,’ and that’s what they are doing in (former) retail space,” he said.