While wages have risen 15.7% in the same time frame, they haven't kept pace with borrowing costs.
In July, inventory saw small gains in some counties, but the market is still tight overall.
The analysis projects substantial traffic growth in the corridor over the next 30 years, due both to proposed development and long-term population trends.
The exclusive listing was offered for $18.5 million and was represented by Houlihan Lawrence Commercial Associate Real Estate Broker John Ravetto.
BREWSTER—Houlihan Lawrence Commercial reported on Jan. 2 it had brokered the sale of two warehouse buildings totaling nearly 100,000 square feet at 18-19 Fields Lane in Brewster for $18.5 million.
The exclusive listing was offered for $18.5 million and was represented by Houlihan Lawrence Commercial Associate Real Estate Broker John Ravetto.
The property consists of two newly constructed warehouse steel-frame buildings of 9,900 square feet and 90,000 square feet located on approximately 15 acres. The property is strategically located near exit 8 of I-684.
The seller, Alfredo Site Development Co., is one of the largest premier modular steel-frame builders in the region. The undisclosed buyer was represented by Stan Putko of Orenda Estates, LLC.
While wages have risen 15.7% in the same time frame, they haven't kept pace with borrowing costs.
The analysis projects substantial traffic growth in the corridor over the next 30 years, due both to proposed development and long-term population trends.
The ever-so-slight improvement in housing affordability is inching up home sales.
On Sept. 29, 2025, at The Sonesta Hotel in White Plains, you’ll find more value, more interaction, and more ways to grow your business than ever before.
Receive original business news about real estate and the REALTORS® who serve the lower Hudson Valley, delivered straight to your inbox. No credit card required.
