Category: Retail

Trends in Retail Bank Branches

Record Growth in Bank Branches 2000 – 2010

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  

Admiral Real Estate - Selfdriving Google Car

Driver-less Cars: Impact on Real Estate

Paving the Way

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  

Westchester County Retail Real Estate – 2006-2016

50 Million Sq. Ft. in Eight Submarkets

Westchester County has an estimated 50 million square feet of total retail space for its 961,000 residents, a ratio of 52 square feet per capita. This ratio is in keeping with the United States average, although Westchester County retail tends to be in smaller centers. Read More