Frank Boccanfuso, managing partner of FMB Real Estate, relatesthat the fourth quarter availability rate for office space inWestchester County stands at 12.96%, down just 0.18% from the thirdquarter 2000 rate. The firm also reports that Fairfield County'stight market conditions for office space continues with a fourthquarter availability rate of just 8.76%. Those figures includesublease space available in both markets.

FMB Real Estate officials add that companies looking for spaceunder 15,000 sf in Westchester County have few options available.The availability for office space under 15,000 sf is just 8.20%countywide and 13.68% Downtown here.

According to FMB Real Estate figures, major markets in FairfieldCounty have very little space available, as well. For example,Downtown Stamford has an availability rate of 8.38%. Without subletspace, Downtown Stamford has just 5.43% of the more than 15.3million sf of office space available for lease on a direct basis.Greenwich, CT has a fourth quarter availability rate of just 6.01%and just 2.33% on space available exclusively on a directbasis.