ALBANY-Among the recipients of nearly $1.8 million in state funding handed out by Governor George Pataki is the city of Beacon, which has secured $346,300 to help revitalize its Beacon Landing Waterfront district.
WHITE PLAINS-Reckson Realty Associates reports that it has secured three lease deals that have brought its 100 Grasslands Rd. building in Elmsford to almost 100% occupancy. It also leased 11,092 sf in its Valhalla office park.
BOSTON-Colliers International, based here, indicates that despite steady declines in office vacancies and increases in office rental rates, a number of economic problems have surfaced that could lead to a sluggish performance this year.
BRIARCLIFF MANOR, NY-Newmark Realty Advisors reports that it has been selected exclusive sales agent for the former Frank B. Hall Insurance headquarters, now known as the Briarcliff Corporate Campus.
MONTICELLO, NY-A plan by gaming giant Park Place Entertainment Corp. to build a $500 million resort/casino in Sullivan County has passed a key milestone. An application has been field with Indian Affairs.
BOSTON-Colliers International, based here, indicates that despite steady declines in office vacancies and increases in office rental rates, a number of economic problems have surfaced that could lead to a sluggish performance this year.
BOSTON-Goodwin Procter has expanded its products and liability practice with the acquisition of Schneck Weltman & Hashmall. As part of the deal, Goodwin Procter will take over offices at 1285 Avenue of the Americas in Manhattan.
YONKERS-The city of Yonkers will host a week-long Business Week 2001 event from Monday, April 23 through Friday, April 27 that will focus on a wide range of topics, including commercial real estate opportunities and overall downtown revitalization.
BOSTON-Colliers International, based here, says that despite the continuing volatility on Wall Street and the fears of a weakening US economy, the demand for commercial office space in major cities around the world remains strong.
STAMFORD, CT-CB Richard Ellis officials say that the Westchester County office market continues to post strong results, although its overall office vacancy rate rose slightly in the last three months.