GREENWICH, CT—Michael Cottle has joined Newmark Grubb Knight Frank as executive vice president and manager of the Fairfield County, CT, and Westchester County, offices, bringing 25 years of institutional and asset management experience covering 10 million square feet and $1.4 billon in capitalization to assist NGKF brokers in the market. In this newly created role,…
Read MoreWHITE PLAINS—Howard E. Greenberg, SIOR, president of Howard Properties, Ltd., of White Plains, reported that his firm had represented Kaufman Borgeest & Ryan, LLP in lease expansions in Valhalla and Calabasas, CA. In New York, KBR expanded its space at 200 Summit Lake Drive by 3,761 square feet to a total of 42, 013 square…
Read MoreYONKERS, NY—Simone Development Companies has been designated by the City of Yonkers as the redeveloper of the former Boyce Thompson Institute property into a new mixed-used complex. Simone’s plan for the $35-million redevelopment project includes offices for business and medical use on the upper floor of the building with the front and rear grade levels…
Read MoreLet’s set the record straight regarding Payments in Lieu of Taxes (PILOTs) in Orange County. PILOTs actually ease the tax burden on every taxpayer and school district in our county. Without PILOTs we would be left with open unused fields, less taxes and no jobs. Large companies interested in expanding in Orange County have the…
Read MoreJohn Lavelle, Associate Broker with R.J. Smith Realty in Pine Bush, has had his hand in some delicious deals throughout the Hudson Valley. He recently finished working on a deal to bring United Natural Foods Inc. to Orange County. The natural foods wholesaler supplies food products to high-end grocery stores like Whole Foods, and is…
Read MoreTARRYTOWN—On Thursday, April 9th, The Women’s Council of Realtors, Empire Westchester Chapter will present” The Midtown Men In Concert” at the Tarrytown Music Hall in Tarrytown. The concert will benefit the Wounded Warrior Project, which serves military service members, veterans, and their families who suffered physical or mental injuries or illness during their military service…
Read MoreWHITE PLAINS—A chief official with the joint venture partnership of Diversified Realty Advisors, LLC and SunCal that will be undertaking the massive redevelopment of the former General Motors minivan assembly plant site in Sleepy Hollow briefed more than 30 members of HGAR’s Commercial Investment Division on Feb. 19 on the status of the project. General…
Read MoreNEWBURGH—A car dealer that had planned to build a $10-million Cadillac dealership here has reportedly scrapped the project in reaction to criticism raised by Orange County Executive Steve Neuhaus and the Town of Newburgh over incentives granted to the project by the Orange County Industrial Development Agency. The Orange County IDA reported on March 17…
Read MoreWHITE PLAINS—White Plains Hospital, which has been expanding its growing operations on the small footprint of its White Plains campus, has signed a major lease deal just outside the campus at an office building slated for redevelopment. White Plains Hospital has leased the entire 50,000-square-foot 101 East Post Road office building, which at one time…
Read MoreWHITE PLAINS—The Westchester Pavilion shopping center, the current headquarters of the Hudson Gateway Association of Realtors, is under contract to be sold by Urstadt Biddle Properties Inc. to Lennar Multifamily Communities, LLC of Herndon, VA. Lennar, a subsidiary of Miami-based Lennar Corp., is proposing to demolish the 185,000-square-foot shopping center to make way for a…
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