News: Brokerage

Westchester Property Management relocates headquaraters to Tarrytown Corporate Center

Tarrytown, NY Westchester Property Management Group, Inc. (WPMG) has relocated its corporate headquarters. The firm transitioned from Hartsdale to its new 4,000 s/f home in the Tarrytown Corporate Center, 520 White Plains Rd., suite 450.

The energy efficient, six-story business complex features a host of amenities, including an updated lobby and a full-service cafeteria on the ground floor.

“Moving from our home of 20 years isn’t easy, but our new space is in a wonderful building and location and will allow us to continue providing our clients with the top level of service they’ve come to expect from our dedicated team of professionals,” said John Lamorte, WPMG’s president and CEO. “It will also provide the kind of attractive work environment that aligns with where we are now and where our company is headed in the future.”

The new space is in Westchester’s River Towns community, putting it near properties managed by the company, along with its growing team of 15 professionals, many of whom live in the area. 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking