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CRE exposure factors in stress test

A stress test conducted by Trepp L.L.C. on more than 6,000 U.S. banks found one in eight would have failed under severe economic conditions, with projected losses from commercial real estate exposure among the primary culprits.

Office market remains sluggish

The third quarter of 2012 continued to show a slow recovery for offices in Westchester.

Lighting company sees bright future as developer

Altman Lighting Co., a business fixture on the Yonkers waterfront, is marketing its property for mixed-use development.

Solar firm signs on: Deals & Deeds

A California solar energy company leases an office and industrial building in Elmsford, and more real estate deals in Westchester.

Commercial leasing activity drops by double digits

The number of commercial real estate transactions declined nearly 12 percent in the third quarter, while the average deal size dropped 5 percent to 7,400 square feet.

Cappelli sells City Center majority stake

Developer Louis R. Cappelli has sold his company’s majority interest in White Plains City Center to a Chicago real estate investment trust at an undisclosed price.

Tax advisor adding offices

WTP Advisors in White Plains has picked CBRE Group to manage its national expansion of tax consulting offices.

Commercial leasing activity declines in 3Q

Commercial leasing activity in Fairfield County continued to decline in the third quarter, with the number of deals and the average transaction size both down significantly compared to the third quarter of 2011.

Brokers team again at CBRE

Three commercial brokers have joined the Stamford, Conn. office of CBRE Group.

Laurels for Landis Group

BOMA International’s southern Connecticut chapter bestowed its building of the year award on 400 Atlantic St. in Stamford.

BOMA champions Stamford office

BOMA International’s southern Connecticut chapter bestowed its “building of the year” award on Landis Group’s 400 Atlantic St. in Stamford.

Millward Brown consolidates at Merritt 7

Millward Brown is taking more than 50,000 square feet at Merritt 7 in Norwalk.

Counties’ future depends on youth

Realtors from Westchester and Fairfield counties gathered July 24 to discuss ideas and ways to attract growth in a sluggish market and stagnant area.

HR consultancy moving to Norwalk

OperationsInc is relocating from Stamford to 535 Connecticut Ave. in Norwalk.

Developers applaud “Platinum Center” proposal

Where corporate giants once reigned, vacancies now line the Platinum Mile, fueling plans by the town of Harrison to overhaul zoning requirements that would...