Westchester County’s Commercial Real Estate Market” was the topic of this episode of “Building Knowledge With The Building and Realty Institute (BRI).” Garry Klein, the Regional Manager of Houlihan Lawrence Commercial - a commercial real estate company that is based in Rye Brook in Westchester County in New York State - was the guest. The topic of this segment was inspired by the Houlihan Lawrence Commercial Quarter Three Market Report that was released on October 29th.
Topics discussed during the episode included:
1) What happened with Westchester’s Office Market in the third quarter
2) Third-Quarter Conditions for Westchester’s Retail Sector
3) The condition of Westchester’s Residential Apartment Market in the third quarter
4) The construction of Transit Oriented Developments (TOD’s) in Westchester - why they have been popular and if that popularity will continue
5) An overview of Westchester’s Industrial/Flex Markets and what happened in those markets during the third quarter
6) An overview of Commercial Real Estate Transactions in Westchester during the third quarter
7) Garry Klein’s biggest concerns for the Commercial Real Estate Market in the fourth quarter, and for 2025, both on the local and national levels.