Category: Office

Westchester Property Tax Quandary - Shared Service Plans

Westchester: The Property Tax Quandary

Directly or indirectly, we all pay them.  And Westchester County’s residents and businesses would benefit if they declined – if that could be done without negatively impacting services.  To take [a lot] of liberties with Arthur Godfrey’s quote: “I’m proud to be paying property taxes in Westchester. The only thing is – I could be just as proud for half the money.” Read More  

Admiral Real Estate Fairfield County Commercial Real Estate GE Sign featured

Fairfield County Commercial Real Estate and GE

GE’s Headquarters Move: What’s the Story Again?

In January, General Electric made a startling announcement: after 42 years, the company would be moving its corporate headquarters from Fairfield, Connecticut to Boston, Massachusetts, resulting in concern as to how their move would affect Fairfield County commercial real estate. Read More  

Admiral Real Estate - Medical Office Waiting Room

Healthcare Goes Retail – R/E Forum

Over the past five years, we’ve seen health care become an increasingly significant component of retail leasing, a trend Admiral mentioned in our November retail market report. This change is tied not only to changing spending patterns relating to the aging and retirement of the Baby Boomers, but also to the still-evolving effects of The Affordable Health Care Act.  Health care tenants have the added benefit of bringing significant pedestrian traffic and consumer dollars to neighboring retailers. Read More