How relationships unlock doors to real estate deals
Howard E. Greenberg is a Westchester real estate professional who not only seems to know what’s going to happen in real estate and development before it happens but has an encyclopedic knowledge of what already has happened as well. He’s a regular contributor to the Business Journals, and his New Year’s wrap-ups and forecasts are
Westchester County First Half Market Report
We are now in the third year of the pandemic, and its effects are clearly being seen in the county’s office space market. In 2021 we had a “normal” year (about 2 million square feet of office leasing velocity), which was only attained after the New York Blood Center made a late December deal for
Howard Properties, Ltd. Represents Law Firm In Full Floor Lease At 875 Third Ave.
Howard E. Greenberg Howard E. Greenberg, President of Howard Properties, Ltd., Valhalla, New York, announced that the law firm Kaufman Borgeest & Ryan, LLP (“KBR”) has leased the entire fifth floor at Global Holdings Management Group’s Class A Midtown East office tower at 875 Third Ave. KBR will relocate from 120 Broadway to occupy 27,
Howard Properties, Ltd. Represents The City Of Yonkers In 29,000 Square Foot Office Lease
Howard E. Greenberg Howard E. Greenberg, President of Howard Properties, Ltd., Valhalla, New York, has announced this he has represented the City of Yonkers and building owner Yonkers Center, LLC in a long-term 29,020 square foot office lease at 20 South Broadway in Yonkers. The City will relocate a number of departments to 20 South
Covid-19 and the Westchester commercial property market: Part 2, the strength of the sectors
Leasing velocity in Westchester office market has been significantly reduced during the pandemic and is coming back slowly at best. The cost of constructing space for tenants has increased dramatically, due to supply chain issues and inflation in construction costs. In addition, today’s tenants want high-end contemporary offices, with plenty of glass, exposed ceilings and
Covid-19 and Westchester’s commercial property market: Part 1, the light at the tunnel’s end?
Is there a light at the end of the tunnel, or is it an oncoming train? The pandemic had varying effects on office tenants and office building owners, and there are still many more questions than answers about the future of work in the office setting. With the onset of the delta and omicron variants,
Bouncing Back: White Plains downtown retail on road to recovery
By Bridget McCusker - September 20, 2021 Walking down Mamaroneck Avenue, residents, commuters and visitors might notice several changes to the retail landscape, especially if they haven’t visited the business district since the start of the Covid-19 pandemic. After a tough year and a half for the area’s downtown retailers, many businesses were lost for good, and all
Howard Greenberg: Today’s normal and the new normal
As of this writing, office attendance continues to be very low not only in Westchester, but generally in most markets. Remote work continues to be popular with many employees, as it eliminates the time spent commuting and increases personal time and flexibility. The "hub and spoke" model (where large companies would open small suburban satellite
