White Plains Business Improvement District

 

 

Newmark Knight Frank expects 2020 Westchester office market to build on 2019 gains

Westfair Communications, Peter Katz, December 26, 2019

 

 

The report highlighted activity in the White Plains Central Business District, which it said “continued to enjoy positive momentum in 2019.” It reported an overall availability rate of 17.2% with a direct vacancy rate of 9.2%. It said the higher availability rate was due in part to space for subleasing that recently became available near the train station. Rents for Class A office space in the central business district increased by 2.4% from 2018 and were at $35.66 per square foot at the end of 2019.

 

Read the full article from Westfair Communications