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NAIOP Background
NAIOP, which originally began in 1967 as an association of industrial and office park owners, has since expanded to provide advocacy, education and business opportunities for the entire commercial real estate industry.
NAIOP, which originally began in 1967 as an association of industrial and office park owners, has since expanded to provide advocacy, education and business opportunities for the entire commercial real estate industry.
All office space is not created equal.
Medical and dental office space each have their own idiosyncrasies that make them particularly complex. Read More
Between 2016-2018, Westchester County will have added roughly 2,200 new market-rate multifamily rental units*. This is over double the historical average and will increase existing inventory by about 2%. Read More
The banking boom prior to the Great Recession resulted in a record number of new retail bank branches opened in Westchester and Fairfield Counties between 2000 and 2010. Read More
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
The Rent Guidelines Boards for New York City and Westchester County recently enacted new rent guidelines for regulated leases commencing between October 1, 2016 and September 30, 2017. Read More
According to the professor of urban planning at M.I.T., Eran Ben-Joseph, as of 2012 there were an estimated 500 million parking spaces in the U.S. At 100 cars per acre, this occupies approximately 7,800 square miles of land. This represents A LOT of open space – equivalent in size to the entire state of Massachusetts, or one and half times the size of Connecticut. Read More
While researching construction and development pipelines in southern Westchester, we came across a very useful interactive map by The Westchester County Planning Board (“WCPB”) in conjunction with ArcGIS. Read More
In an excellent article in The Real Deal, Katherine Clarke explores how the largest shopping center operator in the country, Simon Property Group, is handling re-tenanting of vacated anchor spaces. Read More
Fairfield County has an estimated 48 million square feet of total retail space for its 940,000 residents, a ratio of 51 square feet per capita, comparable to both the national and Westchester County averages. Read More