Commercial Real Estate News & Events, Howard Properties, New York


28 Mar2019

GUEST VIEWPOINT: Some Advice for Commercial Tenants in 2019 and Beyond

The suburban office market is probably the least volatile product type right now. However, make no mistake, rental rates are trending higher. This is partly due to reduced supply, and partly due to new ownership of a number of buildings. The new owners are performing Real Estate 101 type activities: refurbishing common areas (lobbies, public

25 Mar2019

Howard Greenberg: Construction bolstering Westchester’s economic development

Everyone is seeing lots of construction these days. The first (and continuing) wave of multifamily residential development has been focused on the major cities in Westchester County, including White Plains, Yonkers, New Rochelle and Mount Vernon. Many buildings have already been built and are occupied or in the leasing phase. Many more projects are in

21 Mar2019

Howard Greenberg Wins CoStar Power Broker Award

Howard E. Greenberg, President of Howard Properties, Ltd., White Plains, New York announces that he has won the CoStar Power Broker Award for 2018 as a Top Office Leasing Broker in the Westchester/Southern Connecticut submarket.   CoStar Power Broker awards are given to top producing brokers by the largest provider of real estate information in the

19 Mar2019

Howard Greenberg Interviewed on Mack-Cali’s Exit from Westchester

Mack-Cali, which had been a major force in the Westchester office and flex-space market, appears to be completing its exit from that market with the sale of a portfolio of properties to RMC Acquisition Entity LLC, an affiliate of the Robert Martin Company LLC. The sale, with a price tag of $487.5 million, is expected

28 Jan2019

Westchester’s commercial real estate market transformation gaining momentum

The Westchester County office market moved forward on two fronts during 2018. The first was a continuation of the positive absorption trend. The second was the continued demolition or repurposing of existing buildings. We ended 2018 with 160,000 square feet of positive absorption, even though the fourth quarter had more than 130,000 square feet of

02 Nov2018

No shortage of activity in recent years throughout the Westchester office market

As I review the sales of Westchester office buildings over the last three years or so, it has occurred to me how much of our office inventory has turned over to new ownership. As we have REIT owners, institutional owners, large real estate partnership owners and private owners of office buildings in Westchester, the reasons

14 May2018


Howard E. Greenberg, President of Howard Properties, Ltd., White Plains, New York, has announced that he represented Ultrafabrics, Inc. in the renewal of its warehouse lease in Elmsford. The company manufactures and distributes polyurethane fabrics used in the Automotive, Aviation, Dental, Healthcare, Hospitality, Marine, Office, Residential and Recreational Vehicle (RV) markets. Mr. Greenberg has represented

26 Mar2018

Howard Greenberg Teaches Continuing Education Course for Accountants

Howard E. Greenberg, SIOR, President of Howard Properties, Ltd., White Plains, New York, will teach an upcoming Continuing Professional Education (“CPE”) course for the New York State Society of Certified Public Accountants (“NYSSCPA”) in White Plains on April 18, 2018. The course is titled “Major Changes in the Westchester Real Estate Market.” Mr. Greenberg is

26 Mar2018

Howard Properties, Ltd. Represents Family Services of Westchester in Headquarters Relocation

Howard E. Greenberg, SIOR, President of Howard Properties, Ltd., White Plains, New York has announced that his firm has represented Family Services of Westchester, Inc. (“FSW”) in the relocation of its headquarters. The organization leased 9,085 square feet at 2975 Westchester Avenue in Purchase, New York. The building is owned by RPW Group, based in

21 Dec2017

Year End Review: Multifamily mania and a healthy office market

It seems that a series of incremental changes that have been taking place over a number of years have really converged this year so that major changes are suddenly very visible in our market. And all of the real estate product types are inextricably intertwined. Office building sites are turning into multifamily, for-sale housing and