STAMFORD, CT-Most commercial real estate brokers believe two things about the current real estate market in the New York suburbs: 1)the market is very tight with little available space; 2) some dot.coms will fail or significantly downsize in the next few months.

NORWALK, CT-While the stock value of Priceline.com dropped at warp-speed, real estate brokers questioned what the fall out will be on its more than 400,000 sf of office space.

VALHALLA, NY-The Westchester Medical Center broke ground Tuesday on a $175-million project to build the new Maria Fareri Children's Hospital and Trauma Center at the Valhalla campus. More than 1,000 people were on hand for the event.

MELVILLE, NY-Reckson Associates has sold a 49% ownership interest in eight commercial office properties, including two buildings in Stamford, CT, and one in Tarrytown, NY, in a deal valued at $136 million.

WHITE PLAINS-Two more lease deals with high-technology firms have been secured Downtown. The lease signings at 360 Hamilton Ave. bring the once troubled office building to 82%occupancy.

VALHALLA, NY-The Westchester Medical Center broke ground Tuesday on a $175 million project to build the new Maria Fareri Children's Hospital and Trauma Center at the Valhalla campus. More than 1,000 people were on hand for the event.

PEARL RIVER, NY-Fujitsu Network Communications has signed a new lease deal at its offices at Two Blue Hill Plaza that will add 53,000 sf of space to its development center operations in Rockland County.

WHITE PLAINS-GHP Office Realty has once again expanded its office portfolio in the New York Metro area with the acquisition of 1 and 4 West Red Oak Lane, which total 150,000 sf of space.