Office

The metro is quickly becoming a preferred destination for investment capital, as evidenced by the high level of interest received from both regional and national players for a recent office acquisition.

A total of 51% of the new lease transactions in Westchester County involved businesses in the health care or legal sectors. The largest deal in the third quarter was Montefiore Hospitals' renewal and expansion at South Westchester Executive Park in Yonkers for 281,497 square feet.

A roundup of recent deals, leases, executive moves, and other news from the past week.

Downtown has become the choice location for Millennials to live, work and play, so flexible-office space has exploded there to meet the growing demand, JLL's Richard Gonor tells GlobeSt.com.

“Owners of commodity Class A have a tough call to make right now.”

An exclusive audio interview with Michael Meyers of The Hugo Neu Company, which is hoping to get Amazon to look at Kearny Point in Jersey City.