Record prices and diminishing returns for multifamily properties in the Bronx are fueling 1031 exchanges into nearby Fairfield and Westchester investment properties.
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Record prices and diminishing returns for multifamily properties in the Bronx are fueling 1031 exchanges into nearby Fairfield and Westchester investment properties.
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ICSC New York National Deal Making is one of the largest commercial real estate shows, second only to RECon in Las Vegas.
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Our most recent review of the Westchester County retail market, along with a submarket focus on White Plains CBD. Read More
Our most recent review of the Fairfield County retail market, along with a submarket focus on Westport. Read More
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.
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 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
This month we’ll be sharing articles on changing shopping patterns, many of which revolve around the Millenials. According to Rahul Sehgal, CIO of Inland Investments, the challenge for landlords and retailers today is to figure out how the consumer thinks. This is complicated by the retirement of the Baby Boomer generation and the rise of the Millenials, currently in their 20’s and early 30’s, who are driving retail changes related to technology and omni-channel shopping. Read More