Former AT&T Building in White Plains Goes on the Market

RYE BROOK, NY — Greiner-Maltz Realty Advisors celebrated the opening of its new Rye Brook headquarters Thursday.

At the event, Principal and CEO Ayall Schanzer announced that Greiner-Maltz just picked up a new exclusive assignment to lease up the former AT&T building in White Plains.

The 1.19-acre property, located at the corner of North Broadway and Hamilton Avenue, is right across the street from White Plains’ largest municipal garage. It is also within walking distance to the bank, the Westchester Mall, the Galleria Mall, the Ritz Carlon, The Hamilton Mall and some of the area’s finest restaurants.

It is the first time it has been on the market in a very long time, company officials said.

“We anticipate that most our tenants will be coming from the New York City area,” Schanzer said. "It is an ideal property for disaster recovery, high density call center, legal, accounting, and financial back office uses.”

As part of the event, Schanzer was presented with a Proclamation from Westchester Deputy County Executive Kevin Plunkett on behalf of Rob Astorino.

Also on hand Thursday to join Schanzer in celebrating the Rye Brook opening were David Buchwald, New York State Assembly Member (D-93); Marsha Gordon, President & CEO, Business Council of Westchester;John Ravitz, Executive Vice President, Business Council of Westchester; Bill Mooney, Director, Westchester County Office of Economic Development; Wilson Kimball, Commissioner, Planning & Development, City of Yonkers; Dana Levenberg, Town of Ossining Supervisor; Cindy Rubino, President, YMCA of Central and Northern Westchester; and a number of local community leaders and real estate experts.

“We are humbled by yesterday’s warm welcome into the Westchester community and thankful to those who were able to join us at the open house last night,” Schanzer said, according to a post-event press release. “The opening of Greiner-Maltz’s Westchester office completes our plan to have the most offices and brokers exclusively serving the New York City market from Moonachie, New Jersey to Plainview, Long Island and now Westchester and Connecticut. We look forward to serving this community as we continue to expand our geographical footprint.”

“We are so pleased Greiner-Maltz has made a commitment to Westchester and we look forward to continuing to celebrate as the team brings more business to Westchester County,” Plunkett said.

“On behalf of Westchester’s thriving business community, I am thrilled that Greiner-Maltz, a proud member of the Business Council of Westchester, is expanding its impressive New York City operations into Westchester with the opening of this exciting office,” Gordon said. “The name Greiner-Maltz has become synonymous with commercial and industrial real estate in the metro area, and I am confident that Ayall Schanzer and his team will work closely with the local real estate community to help propel Westchester’s continued economic development and growth.”

Schanzer also laid out a strategic plan for growth, including Greiner-Maltz’s investment in technology, announcing the formation of a new division launch of a new Capital Markets Group, dedicated to helping customers structure and place debt and/or equity related to real estate purchases. The new division is part of Schanzer’s initiative to expand on the suite of value-added services the firm provides its clients and will be headed up industry veteran and Chappaqua resident, Robert S. Schneiderman, who has more than 30 years of successful real estate experience under his belt, and will be assisting with Greiner-Maltz’s expansion efforts.

“We set up this new Capital Markets Group in furtherance of our goal to be more than just brokers but rather a full service end-to-end solution to our customers and clients,” Schanzer said. “Because of our unique vantage point with respect to potential transactions, we are well positioned to help our clients get deals done quickly and smoothly by leveraging our relationships and knowledge of the sources of capital that finance real estate deals.”

Greiner-Maltz’s Rye Brook office is located at 800 Westchester Ave. The office is already staffed and representing more than 2 million square-feet of commercial and industrial property. The firm’s three other offices are located in Plainview, Long Island; Long Island City, Queens; and Moonachie, New Jersey.

PHOTO/Natalia Kozikowska