Midtown South’s office boom has so far bypassed the Bowery, a street more associated with grunge music than tech firms. But that could change. Westchester-based Caspi Development is in contract to buy the seven-story office building 161 Bowery for $12.75 million, with plans of turning it into modern office space for tech tenants. It would …
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The 48,000 Square-Foot, Open Air Luxury Retail Destination Targeted to Open in 2016 WHITE PLAINS-Faros Properties and Caspi Development recently received site plan approval and will begin leasing Heritage White Plains, a 48,000 square-foot, open-air, luxury shopping and restaurant destination. The companies recently made the announcements. Heritage White Plains is at 120 Bloomingdale Road across …
Three law firms have leased over 23,600 s/f of space at 120 Bloomingdale Road in White Plains, the 145,000 s/f office complex and former Nestlé headquarters acquired by Faros Properties and Caspi Development in late 2012. Sitting on six acres and standing four stories high, 120 Bloomingdale Road is undergoing the final phase of extensive …
Continue reading “Lawyers getting a taste for former Nestle complex”
The former White Plains headquarters of Nestle, now an office building at 120 Bloomingdale Road, is getting the final stages of a major renovation and some new tenants. Three law firms – Cabanillas & Associates, Fentin and Goldman and Joseph R. Miano law office – have leased more than 23,600-square-feet in this 145,000-square-foot office complex …
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Kelvin Nunn of White Plains Business Improvement District; Robert Pierce, co-owner of Hastings Tea; and Joshua Caspi of Caspi Development in the courtyard of the Renaissance corporate center on September 16 during a reception introducing Hasting Tea and Noodle+ to the White Plains Food Center.
Name: Joshua Caspi Title: Principal Company: Caspi Development Birthplace: New York City Education: Boston University First job outside of Real Estate: Delivered hot chocolate chip cookies. First job in real estate or allied field: A laborer in the concrete union working on buildings on the Upper West Side. What do you do now and what …
BROOKLYN, NY Caspi Development, a leader in the ownership, management and development of residential and commercial real estate in metro New York for more than 40 years, concluded a lively and rewarding third quarter that was marked by entry into the Brooklyn real estate arena and major progress across several Westchester properties. Caspi planted a …
Continue reading “Caspi Development and Artemis acquire 17-unit residential building”
The former Nestle Co. headquarters is headed for a $30 million makeover to include renovations to the existing office building and the addition of chic boutiques and a restaurant with outdoor dining under a proposal scheduled for a public hearing next month. The Venue at Bloomingdale Road, which has been approved by the Planning Board, …
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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 …
Continue reading “Caspi creates a hit as firm gets its groove on in Brooklyn”
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 …
Continue reading “Developments in Nanuets, Yonkers, White Plains draw shoppers”
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 …
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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 …
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 …
Continue reading “Faros and Caspi acquire Former Nestle Headquarters”
