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
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
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
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
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
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
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
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
ARE YOU THINKING ABOUT YOUR BUSINESS?
The year 2017 is almost half over. What are you doing about planning for your business for the rest of this year and for 2018 and beyond? Are you working on new marketing strategies? New hires? Acquisitions? Any or all of these can result in changes in your needs for space. Give me a call
Howard Greenberg Quoted in Article on March of Dimes Headquarters
WHITE PLAINS - March of Dimes, a well-known nonprofit, is selling its national headquarters building on Mamaroneck Avenue. March of Dimes has been based in the 113,000-square-foot office building on 11 acres for the past three decades. "After careful evaluation of our office in White Plains, the March of Dimes building at 1275 Mamaroneck Avenue
