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Howard Greenberg

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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...

Howard Greenberg: Westchester commercial real estate in 2020 – What a...

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...

Howard E. Greenberg: 2020 – Covid and the Westchester ...

The Covid-19 lockdown that began in mid-March spurred a Work from Home revolution. As of mid-December, there is very sparse attendance in Westchester offices...

Howard Greenberg: The state of the office market in Westchester

Since the shutdown in mid-March, there are many more questions than answers about the future of the office. One key trend has been seen in...

Howard Greenberg: What does reopening mean to Westchester County offices?

As of this writing, the Mid-Hudson region is commencing its phase two reopening, permitting some workers to return to their offices, with significant rules...

Howard Greenberg: The future of Westchester’s commercial real estate market

At some point in the foreseeable future, we will begin to move toward a new normal. What will that look like in Westchester’s real estate market?

Howard E. Greenberg: Apartments, Wegmans and a healthy office market

We have all heard about retail becoming omnichannel. That is when you can buy online, pick up or return at the store or order online...

Westchester commercial real estate market is healthier than it has...

From a multitenant office market of more than 33 million square feet about 12 years ago, we have demolished and/or repurposed almost 6 million square feet of multitenant office space, and have not built any new office buildings at all.

Towns, trains and water are the keys to development in Westchester

Westchester has morphed from a sleepy bedroom community that rarely saw any interest from developers outside the county to a vibrant county attracting major developers.

Howard Greenberg: Construction bolstering Westchester’s economic development

All of the repurposing and demolition of functionally obsolete office buildings is accomplishing the desired goals: less vacant space and a more balanced market.

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.

Howard E. Greenberg: No shortage of activity in recent years ...

Some sellers are taking some profits. Some are selling off noncore properties to redeploy their capital. Some buyers are buying income in place, and others are looking to add value and rent at higher numbers.

Optimism reigns: A midyear review of Westchester real estate and construction

This report is a confirmation that the positive trends of 2017 are continuing this year.

Year End Review: Multifamily mania and a healthy office market

This has been a year when great changes in our real estate landscape have taken place. The next few years, as our cities continue to be built out and attract new residents, will be interesting to watch.

It’s a new day in Westchester commercial real estate

It is fitting that some of the oldest office stock in Westchester County is now being demolished and the sites redeveloped with higher and better uses.