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

Press

15 Jul2022

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,

30 Jun2022

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

27 Dec2021

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

20 Dec2021

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,

20 Sep2021

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

16 Aug2021

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

16 Mar2021

Westchester commercial real estate in 2020 – What a difference a year makes

Westchester County’s commercial real estate market ended 2019 in a strong position. But at the start of 2020, the news of the pandemic was already being heard, culminating in a complete shutdown of all business in mid-March. Approximately 300,000 square feet of leasing was tracked in Westchester County during the first quarter of 2020, which

13 Jan2021

PTI takes 13,600 sf expansion in Hawthorne’s Mid-Westchester Executive Park

By Phil Hall - January 13, 2021 PTI (Packaging Technologies and Inspection) has signed a lease for a 13,650 square feet of expansion space at 8 Skyline Drive in Hawthorne’s Mid-Westchester Executive Park. The company, which manufactures nondestructive package inspection technologies for the pharmaceutical, medical device and food industries, had originally leased 14,255 square feet

11 Jan2021

Government agencies renew leases at 20 S. Broadway in Yonkers

By Peter Katz - January 11, 2021 Chestnut Commercial, owner of the 12-story commercial building at 20 S. Broadway in Yonkers that was built in 1931, reports that long-term lease renewals with three government tenants were signed for the building in 2020 despite the Covid-19 disruption. 20 S. Broadway The U.S. General Services Administration renewed