Westchester and Fairfield County Business Journal 060820

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TRUSTED JOURNALISM AT YOUR FINGERTIPS

JUNE 8, 2020 VOL. 56, No. 23

westfaironline.com

Five experts in the real estate field expressed optimism during a webinar hosted by Westfair Communications on May 28.

OPTIMISTIC OUTLOOK FOR REAL ESTATE MARKET See the full story on page 17

INSIDE

Bye-bye Big Apple? NYC BUSINESSES LOOK TO WESTCHESTER FOR SPACE

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SUITE TALK

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HELPING WORKERS

BY PETER KATZ pkatz@westfairinc.com

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lthough the evidence is anecdotal, there appears to be at least a growing curiosity about Westchester office space among some companies located in New York City. The COVID-19 outbreak has created heightened awareness of such items as just how dense the city

is, how dependent on tightly packed elevators people are when moving around in skyscrapers and how nice it’s been not to have to commute into Manhattan while doing one’s part to combat the virus by working from home. “We’ve had a number of inquiries from small and midsize companies who are either currently in the city with offices looking to move

their companies up to Westchester because the principals live up here or looking to open up satellite offices in the suburbs,” Garry Klein, regional manager of the commercial division at Houlihan Lawrence and a White Plains resident, told the Business Journal. “I think for a lot of these business owners the city has been getting very pricey over the » BIG APPLE

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Cross Westchester Executive Park in Elmsford.


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