Commercial
Kingston Lowe’s and Sam’s Club Trade for $36.5 Million
Lowe’s and Sam’s Club are situated within the larger Hudson Valley Plaza, a 673,000-square-foot regional power center, anchored by complementary retailers such as Walmart and PetSmart, among others.
Westchester CRE Market Ended First Quarter with Mostly Increased Activity
Boasting a vacancy rate in the low 4% and uninterrupted positive trends in rental rates, fundamentals for Westchester multifamily are strong.
Brokers Predict Strong Activity for Multifamily, Industrial Markets; Troubles to Continue for Office Sector in 2024
Brokers contend that companies will be attracted to Class A-type space, while properties rated at either B or C will have trouble attracting tenants.
Orange County Partnership Officials Attend Major Semiconductor Economic Conference to Promote County as a Key Location for Investment
The Orange County Partnership attends the SEMI Industry Strategy Symposium in Half Moon Bay, CA to promote Orange County as "the bridge" between New York City and Albany, and a shovel-ready market with sites ready for major semiconductor manufacturing investment.
Manhattan Office Leasing Picked Up Steam in Fourth Quarter of 2023; NYC’s Availability Rate Rises to 20%
Leasing activity totaling 6.38 million square feet in the fourth quarter was 20% ahead of the five-year quarterly average of 5.34 million square feet.
NYSDOT to Hold Public Hearings on Jan. 17 on Route 17/I-86 Projects; Exit 122 Upgrades
The projects, when completed, will involve approximately $1 billion in upgrades to Route 17 in Orange and Sullivan counties.
Houlihan Lawrence Commercial Brokers $18.5M Sale of Two Brewster Warehouse Buildings
The exclusive listing was offered for $18.5 million and was represented by Houlihan Lawrence Commercial Associate Real Estate Broker John Ravetto.
NYCDEP Was Top Taxpayer in Ulster, Putnam, Delaware and Schoharie Counties in 2023
DEP is a top taxpayer throughout the watershed region, paying taxes on the full-assessed value of land, structures, easements and most water supply infrastructure across 230,000 acres owned or controlled by New York City.
Central Harlem North Historic District, Edenwald Houses Nominated to the State and National Registers of Historic Places
A new historic district in Harlem, an industrial manufacturing complex in Poughkeepsie as well as the largest public housing complex in the Bronx are all candidates for recognition.
Major Expansion Plan at Mid-Hudson Forensic Psychiatric Center in Orange County Moves Forward
New state-of-the-art facility to replace outdated buildings in $400 million project planned by New York State Dormitory Authority.
Regeneron Pharmaceuticals Buys Avon Complex in Suffern; Plans to Spend $138 Million on New R&D Complex
Project to start by April 2024 to retrofit facility, build a new warehouse and redevelop an underutilized property.
Paul and Samuel Adler of Rand Commercial Receive HV Chapter of NYSCAR Economic Development Dealmakers Award for 2023
Father and son share prestigious economic development award as result of Chartwells campus expansion in Rockland County.