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

Press

05 Feb2015

2014: A Year of Renewals, Part 5 of 6

'Densification' an office trend By Howard Greenberg, President of Howard Properties, Ltd. Densification is definitely in vogue, primarily among larger tenants. This is a fancy word for reducing the square footage per person, primarily through space plans that consist almost exclusively of workstations, rather than private offices. Instead of the old formula of 3 to

30 Jan2015

2014: A Year of Renewals, Part 4 of 6

A healthy health care market By Howard Greenberg, President of Howard Properties, Ltd. The first new building constructed in the county since the mid 1980’s will open early next year at Harrison Corporate Park, now renamed Purchase Professional Park. Its entire 85,000 SF is preleased to WestMed. The 114,000 SF Memorial Sloan Kettering Cancer Center

22 Jan2015

2014: A Year of Renewals, Part 3 of 6

A fairly quiet CBD By Howard Greenberg, President of Howard Properties, LLC A couple of bright spots in the WP Central Business District (CBD) include increased leasing activity at the Ritz-Carlton office space (luxury women’s wear shop Mary Jane Denzer leased the prominent retail space this year), and continued subleasing success by Alliance Bernstein at

15 Jan2015

2014: A Year of Renewals, Part 2 of 6

Distress and success By Howard Greenberg, President of Howard Properties, LLC A number of office buildings have fallen into financial distress or receivership after losing major tenants. 3 Westchester Park Drive (formerly known as 3 Gannett Drive) is in receivership after Heritage Realty Services defaulted on its mortgage following the loss of its anchor tenant

06 Jan2015

2014: A Year of Renewals, Part 1 of 6

By Howard Greenberg, President of Howard Properties, Ltd. Westchester County is still “rearranging the deck chairs” in its office market. As in the past, virtually all our leasing activity is intra-county. But there are signs that the diversification of the market into the medical and biotech sectors are helping to shore up occupancy levels, and

17 Oct2014

Howard Properties, Ltd. Represents Technology Company in 5,058 SF Lease

Howard E. Greenberg, SIOR, President of Howard Properties, Ltd. has announced that his firm has represented EZMSP in an expansion and relocation at 7 Odell Plaza, Yonkers, New York.   The building is part of the South Westchester Executive Park, owned by Mack-Cali Realty Corporation of Elmsford, New York. EZMSP provides IT support including technical helpdesk

14 Oct2014

Howard Properties, Ltd. Represents Peapod in 18,000 SF Lease

Howard E. Greenberg, SIOR, President of Howard Properties, Ltd. of White Plains, New York has announced that his firm has represented Peapod, LLC in a lease for 18,000 SF of warehouse space at 175 Clearbrook Rd. in Elmsford, New York.  The building is located in the Cross Westchester Executive Park, owned by Mack-Cali Realty Corporation. 

27 Aug2014

Howard Properties, Ltd. Represents Four Tenants in White Plains

Howard E. Greenberg, SIOR, president of Howard Properties, Ltd., White Plains, New York, has announced that his firm has represented four tenants in lease transactions in White Plains, New York, totaling 13,211 SF Fidelity National Title Insurance Company has leased 4,116 SF of space at 711 Westchester Ave., owned by Normandy Real Estate Partners.  Mr.

03 Jun2014

Howard Properties, Ltd. Represents Fortistar in 18,266 SF Lease

Howard E. Greenberg, SIOR, President of Howard Properties, Ltd. has announced that his firm has represented Fortistar Capital, Inc. in the negotiation of a lease for 18,266 SF for its headquarters at The Gateway Building, 1 No. Lexington Ave., White Plains, New York. Fortistar will relocate from its present premises on the 5th and 6th

30 Apr2014

Howard Greenberg Named a COSTAR Powerbroker

Howard E. Greenberg, SIOR, President of Howard Properties, Ltd., White Plains, New York has again been named a CoStar Power Broker.  This award is given annually by CoStar Group, the largest independent research organization in commercial real estate.  It recognizes the “best of the best” in commercial real estate brokerage by spotlighting the U.S. firms