12 Water Street, White Plains, NY

August, 2018- White Plains-Jamie Schwartz, Executive Vice President of GHP Office Realty, LLC, an affiliate of Houlihan-Parnes Realtors, LLC, announced that The Westchester Bank has expanded its Headquarters footprint at 12 Water Street, White Plains, New York  by leasing an additional 2,602 square feet on the second floor.  The bank now occupies 13,852 square feet at the building.  Schwartz represented the bank in the expansion and also in 2014 when it leased the entire 11,250 square foot first floor.

John Tolomer, President and CEO of The Westchester Bank stated “Increasing The Westchester Bank’s space at 12 Water Street is a great example of its business model, Banking Made Personal, in action. GHP Realty Office Realty and The Westchester Bank have a partnership that anticipates the need to address and manage growth opportunities. We are pleased to continue the bank’s long term commitment to the Westchester community.”

Schwartz added “12 Water Street has proved to be a great location for the bank because of its central location in Westchester County, its proximity to the White Plains transportation hub as well as the White Plains CBD.”  He continued “a material reason the bank chose 12 Water Street as its new Headquarters location back in 2014 was because it afforded future expansion opportunities for the bank’s strategic growth plan.”

The owner, 12 Water Street Associates, LLC, was represented in house by Principal Giulio Monaco.

The Westchester Bank is a New York State Chartered and full service FDIC insured commercial bank offering state-of-the-art technology with a comprehensive line of banking  products to businesses and consumers including: business and personal checking, business lending, commercial mortgages, savings accounts, CD’s, money market accounts, Interest on Lawyer Accounts (IOLA), attorney escrow accounts and tenant security accounts. The Westchester Bank has branches in Yonkers at 1900 Central Park Avenue, White Plains at 464 Mamaroneck Avenue, Thornwood at 994 Broadway, Mt. Kisco at 51 South Moger Avenue, Mamaroneck at 305 Mamaroneck Avenue and Rye Brook at 800 Westchester Avenue.