Real Estate

IBM Facility in Somers Sells for Nearly $32 Million

7da1470b5fbb0cdc80e0_3f34aef6e393afb1670c_best_574e01a2fafc77091249_f698d58ec0d7a5688880_40635.jpg
The more than 700-acre IBM office complex on Route 100 Credits: CBRE
7da1470b5fbb0cdc80e0_3f34aef6e393afb1670c_best_574e01a2fafc77091249_f698d58ec0d7a5688880_40635.jpg

SOMERS, N.Y. – The 723-acre IBM office facility at 294 Route 100 has been sold for nearly $32 million, according to the town assessor’s office.

According to a deed agreement, the property was sold for $31,750,000 on Sept. 29, to 294 Route 100 LLC. It is not clear who owns the company.

Supervisor Rick Morrissey said he does not know who the new owner is, either, but said it appears to be good news for Somers.

Sign Up for E-News

"It's a new taxpayer," he said.

In May, The Somers Record reported that IBM would close its Somers headquarters. IBM, Somers’ biggest taxpayer, contributed more than $5 million annually to the town, county and school district in property taxes.

Despite losing IBM and PepsiCo, the third biggest taxpayer, in the past two years, Morrissey said Somers is in good shape. Those buildings, he said, will hopefully be repopulated soon. The town also has several new developments currently in the planning phase.

The facility includes more than a million square feet of office space on a hilltop off Route 100, between routes 116 and 138. Designed by I.M. Pei, four iconic five-story office buildings are topped by 50-foot glass-pyramid skylights, visible from Route 684. A fifth building, four stories high, houses central services.

TAP Into Another Town's News:

You May Also Be Interested In

Sign Up for E-News

North Salem

Upcoming Events

Sat, February 24, 10:00 AM

Jefferson Valley Mall , Yorktown Heights

Yorktown Indoor Farmers Market

Food & Drink Health & Wellness

Sat, March 3, 10:00 AM

Jefferson Valley Mall , Yorktown Heights

Yorktown Indoor Farmers Market

Food & Drink Health & Wellness

Sat, March 10, 10:00 AM

Jefferson Valley Mall , Yorktown Heights

Yorktown Indoor Farmers Market

Food & Drink Health & Wellness

Winter Is Fleeting

By some alchemy, winter is flying by us this year. Faster and faster every year of our lives. We’re nearly two-thirds done with the season already. There’s just a month and a few extra days left to withstand. A snap of the fingers and it will be gone. Finished. Another winter to enter into our personal annals, in which we thrived or merely survived.    

Soon ...

A Trip to the 'Liberry'

Raise your hand if you didn’t—did not—call the library the “liberry” when you were little. I’m guessing not a lot of hands just went up.

Didn’t just about all of us say “liberry” when we were learning to read? (Well, whaddya expect when a place is named something way too easy for little kids to mispronounce?)

OK. Now, raise your hand if ...

I'm Mrs. Heat Miser

To be perfectly honest, I did not need a large rodent with insomnia to convince me that we had six more weeks of winter. It’s been so cold outside lately that when I go out, my nostrils stick together. The dog is so hesitant to go out that he does his business right on the deck, less than five feet from the door, and then gives me a look of contemptuous indignation when he comes back in the ...

'Bravo' to Column on Trump

February 15, 2018

To the editor,

I am responding to guest columnist Sy Globerman’s article, “Trump is revivifying America” in the Thursday, Feb. 8 edition of your newspaper.

Mr. Globerman is right on target. Bravo to him for stating the facts about President Trump. All we seem to read and hear from the media is Trump bashing.

Therefore, it’s quite refreshing to read about ...