Tag:

Office Space

1.2M-Square-Foot Warehouse Proposed At Former Sheraton Crossroads In Mahwah 1.2M-Square-Foot Warehouse Proposed At Former Sheraton Crossroads In Mahwah
1.2M-Square-Foot Warehouse Proposed At Former Sheraton Crossroads In Mahwah Just weeks after the iconic Sheraton Crossroads hotel in Mahwah was imploded, redevelopment plans filed with the township show a massive new warehouse facility is proposed to rise in its place. The proposal calls for a 1.2 million-square-foot logistics center, which includes approximately 1.2 million square feet of warehouse space, plus 11,000 square feet of main office space and 1,500 square feet of shipping and receiving office space, according to site plans filed on June 16. The building would rise 40 feet high and include 175 loading dock doors and 4 drive-in doors, according to archite…
These Popular Films, Shows Made $900K In Film Revenue For Yonkers In 2024 These Popular Films, Shows Made $900K In Film Revenue For Yonkers In 2024
These Popular Films, Shows Made $900K In Film Revenue For Yonkers In 2024 A surge in filming activity in a Westchester County city resulted in a record-breaking amount of film revenue in 2024, officials announced.  According to an announcement on Monday, Jan. 13, Yonkers shined as a hub for the film and television industry, generating nearly $900,000 in film revenue in 2024.  It was the most successful year since the establishment of the Mayor’s Office of Film and Photography in 2012, city officials added.  In a statement, Mayor Mike Spano attributed this success to the "work and partnerships we’ve created to make Yonkers the region’s leading…
Workforce Housing, State-Of-The Art NJ Transit Bus Terminal To Transform Downtown Hackensack Workforce Housing, State-Of-The Art NJ Transit Bus Terminal To Transform Downtown Hackensack
Workforce Housing, State-Of-The Art NJ Transit Bus Terminal To Transform Downtown Hackensack Hackensack is poised for a major transformation as plans for the redevelopment of 133 River St., the site of the city’s aging bus terminal and a long-vacant site of the county probation building move forward. Last week, the Hackensack Planning Board reviewed the Bergen County Improvement Authority’s (BCIA) ambitious proposal to bring a state-of-the-art NJ Transit bus terminal and workforce housing to the city’s downtown. The 387,000-square-foot project will include a 15-story residential tower with 168 units designated for veterans, disabled veterans, and essential workers in fields such as …
Westchester's 2024 Q3 Commercial Real Estate Market Shows 'Mixed Results': Report Westchester's 2024 Q3 Commercial Real Estate Market Shows 'Mixed Results': Report
Westchester's 2024 Q3 Commercial Real Estate Market Shows 'Mixed Results': Report Although demand for Westchester retail space and multifamily apartment complexes improved during the third quarter of 2024, the market for other commercial properties in the county did not fare as well, according to an all-new report.  The data regarding the county's commercial real estate market came from Houlihan Lawrence's Q3 Commercial Market Report, released on Tuesday, Oct. 29.  According to the real estate brokerage, demand for retail space in Westchester "continues to evolve rapidly," as consumers have healthy purchasing power and are on the lookout for "con…
Private Rhinebeck Estate With River Views Is A Bargain At $4.5 Million Private Rhinebeck Estate With River Views Is A Bargain At $4.5 Million
Private Rhinebeck Estate With River Views Is A Bargain At $4.5 Million Now that interest rates are lowering and you have a spare $30,000 for a monthly mortgage payment, a Hudson Valley estate with full views of the Hudson River is for sale for $4,450,000. The four-bedroom estate is located in Dutchess County at 14 Wyndclyffe Court in Rhinebeck, on a dead-end road overlooking the river, gardens, and terraces. According to Zillow, the estate also includes a historic guest house, a sprawling main floor with the primary suite, a large great room, an eat-in kitchen, a family room, a large office, and a dining room. Zillow said that the primary suite in the 8,420-s…
Could Trader Joe's Be Coming To Arlington? Could Trader Joe's Be Coming To Arlington?
Could Trader Joe's Be Coming To Arlington? A Trader Joe's could be in the works in Arlington, according to records of newly-filed construction permits. The documents are requesting "landlord prep work to prepare for new Trader Joe's Grocery Store," along with various garage levels and a new storefront at 2450 Crystal Dr. Arlington officials did not immediately return Daily Voice's request for comment seeking confirmation. The grocery store would be located in Century Center Towers, bringing office space and retailers to the downtown district.
Amazon Near Deal For Massive Office Space In Jersey City, Report Says Amazon Near Deal For Massive Office Space In Jersey City, Report Says
Amazon Near Deal For Massive Office Space In Jersey City, Report Says Amazon is on the verge of a deal for a massive office space in Jersey City, Bloomberg reports. The e-commerce company is interested in 400,000 square feet of office space in the Harborside 1 building on the Jersey City waterfront, the news outlet says citing sources familiar with the deal. Amazon continues to grow in New York, despite a failed attempt to build a second headquarters in Queens in 2019, the outlet reports. Click here for the full report from Bloomberg.
Central PA Federal Building Listed For Sale Central PA Federal Building Listed For Sale
Central PA Federal Building Listed For Sale You could own a courthouse, a post office and a US Marshal Service office all for a bid of at least $3 million. The Ronald Reagan Federal Building, which currently houses all the previously mentioned federal services, is located at 228 Walnut Street in Harrisburg. The building was posted for sale by the Federal General Service Administration on Tuesday. The building was built in 1966 and occupies a full city block in the area of North 3rd, Walnut and Locust streets. In addition to all 11-floors of office space, you could also have 55 basement parking spots. The 246,000-square-foot buil…
$400M Mixed-Use Project Planned For Macy's Parking Lot In Manhasset $400M Mixed-Use Project Planned For Macy's Parking Lot In Manhasset
$400M Mixed-Use Project Planned For Macy's Parking Lot In Manhasset The department store will remain but Macy's in Manhasset parking lot is in for a major overhaul, Long Island Business News reported. New York City-based Brookfield Properties presented its development idea of 16 of the 28 acres on the site to the Greater Council of Manhasset Civic Association, said the article. The proposal is for a $400 million mixed-use project to include rental apartments, office space, retail space, and a hotel, according to Long Island Business News. Click here for the Long Island Business News story.
Westchester IDA To Consider Incentives For $1B In New Projects Westchester IDA To Consider Incentives For $1B In New Projects
Westchester IDA To Consider Incentives For $1B In New Projects The Westchester County Industrial Development Agency is considering granting a series of incentives for three large-scale projects throughout Downtown White Plains that would result in more than $1.2 billion in new developments, as discussed on Friday, March 29. Two of the projects will create 1,674 new multifamily units. The third project will provide 132 independent living units. First on the IDA’s agenda is the proposed White Plains Mall redevelopments, which would feature approximately 860 rental apartment units in multiple buildings with 10 percent marked as affordable. The $600 milli…
Westchester Office Building Listed At $17.5M Westchester Office Building Listed At $17.5M
Westchester Office Building Listed At $17.5M A centrally located Westchester property with nearly 100,000 square feet of office space is up for sale for $17.5 million. The business property at 465 Columbus Ave. in Valhalla is more than 92 percent occupied with some high-profile public and private tenants -- including medical companies and state agencies. The offices were built in 1986 and extensively renovated in 2016.  More details about the property can be found by clicking here: 
Prime Vacant Office Space Soars To 62 Percent In Northern Westchester Prime Vacant Office Space Soars To 62 Percent In Northern Westchester
Prime Vacant Office Space Soars To 62 Percent In Northern Westchester According to the latest quarterly report by JLL, the vacancy rate for office space has hit 62 percent in Northern Westchester, more than three times higher than submarkets in southern Westchester, which have a combined vacancy rate of approximately 20 percent.  JLL's research from the third quarter of 2017 also founds rents are down in general and that countywide, the vacancy rate is nearing 25 percent -- nearly five percent higher than 2013.  It remains to be seen whether the IBM and Pepsi campuses in Somers will have futures as multi-tenant offices, the JLL report said. Average asking re…