Tomasulo says, "Initially it was thought that they were going tocapture a large tenant based on the market at that time." However,the economic slowdown has caused many prospective large corporateusers that were studying the Westchester market to pull back on anyrelocation or expansion plans at the moment.

He reveals that CB Richard Ellis and Gale & Wentworth havedecided to market a "singular pod" of approximately 100,000 sf tosmaller space users. The building, now known as the Mount PleasantExecutive Center, totals 383,000 sf of space on three levels.

Tomasulo notes that the complex has two wings connected by acenter core. By repositioning the property to allow for smallerlease deals in one section, the complex can still be a viableoption for large corporations once market conditions improve, hecontends.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.