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CASPI MAKES HEADLINES FOR DEVELOPING AND TRANSFORMING HIGH-POTENTIAL PROPERTIES
PRESS & NEWS

Caspi creates a hit as firm gets its groove on in Brooklyn

93 Waverly is as Brooklyn as it gets. The new Clinton Hill rental building’s rooftop boasts oak and tin planters, designed for tenants to grow their own vegetables and herbs. Its lobby is covered in wallpaper showing everything that’s typical of the borough — from Hasidic Jews to Notorious B.I.G. The paper was designed by …

Developments in Nanuets, Yonkers, White Plains draw shoppers

Across the nation, malls are being mothballed. After a heady period of expansion when malls seemed to spring up everywhere, the retail mindset has changed. With vacancy rates up in many large indoor retail centers, there’s been a shift toward mixed-use developments or outdoor malls designed to resemble the downtown shopping districts they replaced. Here …

Developers tap Cushman to market new White Plains retail center

Cushman & Wakefield announced that it has been appointed as the exclusive retail agent for Heritage White Plains, a new ground-up project that will feature more than 48,000 s/f of open-air retail space in White Plains, NY. The retail development, which will rise on a parcel of land adjacent to the office building at 120 …

Faros Properties and Caspi Development to begin leasing at 48,000 s/f Heritage White Plains

WHITE PLAINS, NY Faros Properties, a New York commercial real estate investment firm with properties in Westchester, NY and Fairfield County, CT, and Caspi Development, a leader in the ownership, management and development of residential and commercial real estate, received site plan approval and will begin leasing Heritage White Plains, a 48,000 s/f, open-air, shopping …

Faros and Caspi acquire Former Nestle Headquarters

The commercial real estate investment firms of Faros Properties, LLC and Caspi Development, LLC recently announced their joint acquisition of the 1950s Art Deco former Nestle headquarters at 120 Bloomingdale Road in White Plains, N.Y. The 6-acre property and its four-story, 145,000-square-foot office building sold at a deep discount for $10.5 million. The building will …