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Developers Bullish on NYC and Surrounding Suburbs

George Comfort & Sons’ Duncan, who noted that the firm has holdings and development projects in New York City, Westchester and Fairfield County, CT, said that the city’s suburbs should benefit from what he still considers will be a “very robust” New York City commercial market.

From left, Charles Epstein, vice president of development, Lennar Multifamily; Bridget Gibbons, director, Westchester County Office of Economic Development; Westchester County Executive George Latimer; BOMA Westchester President Susan Curtis; H. Guy Leibler, president, Simone Healthcare Development; and Robert Weisz, CEO, RPW Group. From left, Charles Epstein, vice president of development, Lennar Multifamily; Bridget Gibbons, director, Westchester County Office of Economic Development; Westchester County Executive George Latimer; BOMA Westchester President Susan Curtis; H. Guy Leibler, president, Simone Healthcare Development; and Robert Weisz, CEO, RPW Group.

WHITE PLAINS—Despite significant headwinds due to the turmoil in Washington, DC and on Wall Street, a panel of New York City area developers are in lock-step that 2019 should be a good year for the commercial real estate market.

At a meeting of the Building Owners and Managers Association of Westchester last week, a panel of development executives who have built commercial projects in New York City, Westchester and Fairfield County, CT, say conditions are still ripe for both commercial and multifamily development in the suburbs.

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John Jordan

John Jordan

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

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