| The Westchester and Fairfield commercial real estate markets are here because of New York City, which continues to gain strength. But there’s also a negative side to being so close, according to Blackrock Realty principal Kurt Wittek at yesterday’s Bisnow Future of Westchester and Fairfield Counties Breakfast & Schmooze. |
| Namely, NYC has cleaned up its act: Any previous exodus to Westchester and Fairfield was for quality of life, he told the crowd of 175 at the Westchester Country Club. In fact, during the boom years, Connecticut had zero job growth. “There’s a cultural aspect to that,” he says. “I’m not sure we’ve done things to attract a younger workforce. Urban centers are more suited to their lifestyles.” (There must not be enough places for young professionals to use their iPads to talk to each other.) But the experts on our panel want to change that—read full event coverage this coming Monday and Tuesday. |
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