Westchester August 2017 Issue

Warren Buffett’s
bombshell buy

All eyes on Houlihan Lawrence after sale to Berkshire Hathaway HomeServices

When Warren Buffett bought Houlihan Lawrence this year, it sent shock waves throughout the real estate industry…. [more]

Westchester’s resi rebound

The high-end market is picking up, but price cuts are what’s closing deals, as TRD’s rankings of priciest sales and biggest price cuts show

Those worried about chronically stalled luxury property sales at the high end of the Westchester residential market… [more]

Not quite smooth sailing
for Rob Astorino

The Westchester County executive sounds off on affordable housing and his feud
with Gov. Cuomo

Taken at face value, things look pretty good for Republican Rob Astorino, who will run for his third term as Westchester… [more]

The race to reinvent retail across Westchester & Fairfield

Under pressure from Amazon and other e-tailers, shopping centers increasingly focus on customer experience

As e-commerce continues to cut into brick-and-mortar establishments, shopping centers in Westchester and… [more]

And the beat goes on for broker poaching

Why Douglas Elliman’s win in a lawsuit against William Raveis does nothing to discourage brokerages from luring talent away from other firms

Why Douglas Elliman’s win in a lawsuit against William Raveis does nothing to discourage brokerages from luring talent…… [more]

Making the best
of a slow market

Medical and multifamily spaces top TRD’s ranking of the priciest commercial sales

Let’s face it: The commercial real estate scene in Westchester and Fairfield counties isn’t exactly booming. While there are pockets of success, many office… [more]

Ranking Fairfield County’s high-flyers

Adaptability is key for top brokerages and brokers in fast-moving residential market

What are buyers in Fairfield County looking for? Proximity to New York City, new construction and homes on the tony waterfront top the list. … [more]

The balancing act of multifamily building

Rental projects continue to rise rapidly in Westchester, but developers are struggling to offer affordable rents for locals while also luring moneyed millennials

For the last several quarters, Westchester County has benefited from New… [more]

Hotels go small

As business travel lags, boutique hotels find niche

On any given night in Fairfield County, about four in 10 hotel rooms remain vacant. The occupancy rate in this tony corner of Connecticut is significantly lower than the national… [more]

Meh office market in Fairfield

Overall leasing activity is up, but the county is still hurting from the departure of several multinationals over the last year

Stamford is struggling to deal with an abundance of office space due to the loss of a handful of multinational companies last year. But the big picture isn’t as dire… [more]

Big deals prop up Westchester’s ailing
office market

White Plains sees large tenants but farther north, not so much

As Westchester’s outmoded office parks come off the market and become modern retail and apartment buildings, … [more]

Fairfield County’s hottest commodity

Thousands of new rental units are getting snapped up the moment they’re available, but can the multifamily building
bonanza last?

In the last few years, thousands of rental units have come online in Fairfield County’s cities, and thousands more are… [more]

Stars — they’re just like us: price chop edition

A host of Westchester and Fairfield counties’ most notable personalities gave markdowns to their long-lingering listings

Bucolic estates. Serene escapes. Historic farmhouses with every modern convenience and more. For decades, these… [more]

Editor’s note:
The catch of the year

At the time of year when Fairfield residents flock to the shores of the Long Island Sound and Westchester denizens launch their kayaks into the Hudson, we at The Real… [more]