HOWARD PROPERTIES, LTD. REPRESENTS NOT FOR PROFIT IN MOUNT VERNON LEASE
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. in a lease transaction at 6 Gramatan Avenue in Mount Vernon, New York. The tenant leased 4,200 SF for its mental health clinic and program offices. Mr. Greenberg represented the
Howard Greenberg Quoted on Proposed Wegman’s Store on the Platinum Mile
Wegman's proposal to build a supermarket plus a stand-alone building for a restaurant on a 20-acre site in Harrison is the latest milestone in the transformation of the so-called 'Platinum Mile.' The corridor of aged office parks along I-287 known as the Platinum Mile is decades past its corporate heyday, but there are signs of
Office Market 2016: The IBM factor, downtown allure and the rise of multifamily
As of the end of the third quarter of 2016, office leasing velocity was on par with last quarter's total of 500,000 square feet. For the year to date, leasing activity grew by 17.1 percent and direct rental rates rose about 24 cents per square foot over last year's rates. Renewals represented slightly more than
Howard Greenberg Comments on IBM Somers Sale
After announcing plans to vacate its Somers property earlier this year, Armonk-based IBM Corp. sold its 1.2 million-square-foot campus at 294 Route 100 for $31.75 million, according to documents filed with the Westchester County Clerk's Office. The 723-acre property was sold to a Delaware limited liability company on Sept. 29, though details of who owns
Howard Properties, LTD. Represents Law Firm in Garden City, New York Lease
Howard E. Greenberg, SIOR, President of Howard Properties, Ltd. has announced that his firm has represented the law firm of Kaufman Borgeest & Ryan LLP ("KBR") in the expansion and extension of its lease at 1205 Franklin Ave., Garden City, New York. The building is owned by a division of the Treeline Companies. KBR expanded
Howard Greenberg’s First Half 2016 Real Estate Wrapup
The real estate news for the first half of 2016 is generally good. As has been the case for a few years now, multifamily residential is the hot product, but office activity has been solid and medical and medical-related uses are surging again after a brief quiet period. "Though the final numbers are not yet
Platinum Mile Office Park May House Apartments
The proposal calls for a 421-unit rental apartment complex where two aging office buildings now stand. The first apartment complex formally proposed on the Platinum Mile in Harrison would transform part of an old office park in a bid to attract young professionals and empty-nesters to an under-used area and boost the local tax base.
HOWARD PROPERTIES REPRESENTS LIGHTING DISTRIBUTOR IN RELOCATON
Howard E. Greenberg, SIOR, President of Howard Properties, Ltd. , White Plains, New York, has announced that his firm has represented Wiedenbach Brown in its relocation within Westchester County. The tenant leased 4,573 square feet of space at 2975 Westchester Avenue, Purchase, New York for its national headquarters. Mr. Greenberg exclusively represented the tenant in
Howard Greenberg Comments on New Real Estate Trend.
On April 7, the Harrison Town Board approved the zoning change that will permit Normandy Partners and Toll Brothers to construct a 421-unit multifamily residential development to be known as The Residences at Corporate Park Drive.This represents a continuation of the important repurposing of Westchester's office stock. Two obsolete office buildings, totaling approximately 200,000 square
Column: Thoughts on the North 60
On Jan. 17, the Westchester County Business Journal featured an article titled "Astorino announces $1.2 billion biotech center for North 60." This article spoke about the proposal by developer Fareri Associates L.P. to create a biotech research facility, children's science center, medical offices, a 100-room hotel and retail stores and restaurants on the 60 acres
