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"That's a huge difference," Mr. Shapiro said, due to larger lease transactions, such as Atlas Air's and AT&T's.
Because the initial purchase price of hybrids is higher, the larger lease cap will allow fleet owners to recoup the extra cost over time.
Insignia/ESG's commercial market report said there was a significant increase in larger lease transactions, with the average new lease year totaling 8,204 square feet -- 13percentt higher than the average in 1999.
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Although Starwood's may be the largest lease signed in Westchester in many years, it is part of a trend toward larger leases that has been established in the last several quarters, according to Mr. Tomasulo.
And companies moving to Westchester are now signing larger leases for longer terms, according to Kenneth M. Krasnow, a director with Cushman & Wakefield.
White Plains also had the largest lease of the year, signed by Starwood Hotels and Resorts Worldwide, for 203,110 square feet at 1129 Westchester Avenue.
FIVE of the county's 10 largest lease transactions were for space in the central business district of White Plains.
The company also became the largest lease holder in the gulf area and the owner of one-third of all the oil discovered there.
Five of Westchester's 10 largest lease transactions took place in the district, including the most significant: Metromedia Fiber Network's move to 79,650 square feet at 380 Hamilton Avenue.
Of the 10 largest lease transactions in three months that ended on Sept. 30, six involved telecommunication or e-commerce companies or related concerns, according to Insignia/ESG.
Last year, the online retailer was responsible for the city's biggest deal, its largest lease and the purchase of the only large chunk of downtown land to come on the market in decades.
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