News

Mark Your Calendar: Mid-Hudson County Leaders to Speak At March 23 Patterns Breakfast Panel

March 2016

POUGHKEEPSIE—Topics ranging from crime, unemployment, casino impacts, restructuring local governments, improving the region's urban areas and more are up for discussion when the elected leaders of Dutchess, Orange, Sullivan and Ulster counties join Hudson Valley Pattern for Progress at 7:45 a.m. Wednesday, March 23, at the Poughkeepsie Grand Hotel. The event will feature Dutchess County…

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Existing-Home Sales Inch Forward, Price Growth Accelerates in January

March 2016

WASHINGTON— Existing-home sales crept forward in January to the highest annual rate in six months, and subpar supply levels propelled price growth to the fastest increase since last April, according to the National Association of Realtors. The West was the only region to see a decline in sales in January. The Northeast enjoyed nearly a…

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$230M Expansion at Westchester Medical Center to Begin in Spring

March 2016

WHITE PLAINS—The healthcare sector continues to drive economic growth in Westchester County. On Wednesday, March 2, a plan to build a $230-million Ambulatory Care Pavilion adjacent to the existing Westchester Medical Center was approved by the Westchester County Local Development Corp. It is the LDC’s largest deal since its official formation in April 2013. The…

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11-Year Saga Finally Ends for Chappaqua Crossing

March 2016

CHAPPAQUA—A storyline that included a bankruptcy that changed everything, false hopes, staunch opposition, failed votes, litigation and in the end finally compromise ended with the groundbreaking of the controversial Chappaqua Crossing mixed-use project here. The approval process took 11 years to finish to get to the point where shovels went in the ground earlier this…

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Gov. Cuomo to Step Up Anti Housing Discrimination Efforts

February 2016

New York Gov. Andrew Cuomo has launched a new Fair Housing Enforcement Program. The goal is to root out discrimination in both home sale transactions and in rentals. The governor cited 123 housing complaints that have been resolved that resulted from violations pertaining to protected classes. The protected classes wherein the alleged violations occurred were…

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New $50M Cancer Center Opens at White Plains Hospital

February 2016

WHITE PLAINS—The impressive growth of the health care sector in Westchester County and the surrounding Hudson Valley continues. Last week, a host of political and business dignitaries were on hand for the official opening of the expanded Center for Cancer Care facility at White Plains Hospital. Chief hospital officials, along with cancer survivor and White…

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Westchester Cities Prime for Private Development Growth

February 2016

TARRYTOWN—The multi-family construction boom, which has been going on in earnest in many U.S. gateway cities, such as New York City, Boston, Washington, DC, and San Francisco to name a few, is finally hitting the suburbs and major cities in Westchester County are now beginning to take advantage of the investment community’s attraction to rental…

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Joseph Roberto Elected PEDC Chairman

February 2016

CARMEL—The Putnam Economic Development Corp. announced earlier this month that it had elected Joseph D. Roberto, president and CEO of PCSB Bank (formerly Putnam County Savings Bank), as its board’s new chairman. In addition, James Bates, Cathy Cassidy, James Copeland, Alana Mikhalevsky and Richard Weiss have joined the board, the PEDC announced. “Joe Roberto has…

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City of Yonkers to Press State Lawmakers To Help Fund $2-Billion School Rebuild

February 2016

YONKERS—After a bid to implement a Public-Private Partnership structure to help finance a nearly $2-billion capital program failed some years back, the City of Yonkers is now looking to fund the much needed improvements to its aging school system via more conventional funding methods. The City of Yonkers and the Yonkers Public Schools announced on…

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Construction Work to Finally Begin On Orange County Government Center

February 2016

GOSHEN—Construction work is now expected to begin in earnest very shortly on the redevelopment of the shuttered Orange County Government Center here. Orange County Executive Steve Neuhaus signed off on more than $52.2 million in contracts for the project. All winning bidders were the low bids for their respective work and will perform their services…

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BH&G Rand Realty Moves Main Office to Nanuet

February 2016

NANUET—Better Homes and Gardens Rand Realty announced on Jan. 27 that its home office has moved from 10 Schriever Lane in New City to 95 South Middletown Road in Nanuet. “Our new headquarters brings together all of our real estate support teams, along with our affiliated mortgage, title, and insurance processing teams from Hudson United,”…

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New Rochelle Mayor Hints at Major Development Project in Works

February 2016

NEW ROCHELLE—It appears that a major development proposal—the first project to come before the city since a far-reaching rezoning of the downtown district was approved by the City Council in December—will come before the city in the near future. While details are sketchy, a mixed-use high-rise development project is in the works in Downtown New…

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Rockland County Exec. Day Outlines Progress Made in Last Two Years

February 2016

NEW CITY—In his 2016 State of the County address delivered on Feb. 16, Rockland County Executive Ed Day drove home the progress that has been made since his administration took office when the county was on the brink of financial default. "Because of our ability to make difficult choices, we have overcome complicated problems with…

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Mamaroneck Home Construction Firm Honored by Houzz

February 2016

MAMARONECK—Houzz Inc., the leading platform for home renovation and design, recently announced its selections for Best Of Houzz 2016 in North America, a homeowner-to-homeowner guide to the top home builders, architects, interior designers, landscape pros and other residential remodeling professionals on Houzz from cabinetry or roofing pros to painters. Murphy Brothers Contracting of Mamaroneck was…

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7 Renaissance Square White Plains Office Building Under Contract

February 2016

WHITE PLAINS—The ownership of 7 Renaissance Square, a 65,600-square-foot building that is part of the Ritz-Carlton, Westchester complex in Downtown White Plains is under contract to be sold. The building ownership—a joint venture partnership of SL Green Realty and Renaissance Partners, LLC— has agreed to sell the property for a gross sale price of $20.7…

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Water Park Project Surfaces in Town of Wallkill

February 2016

WALLKILL—While Orange County officials are still awaiting word on whether it will be selected for a $250-million Legoland amusement park, an Orange County company has purchased property down the street from the Orange Regional Medical Center here for a possible waterpark project. Published reports indicate the Devitt Management of Montgomery has purchased the 43-acre former…

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Rental Development Pipeline Growing in Westchester

January 2016

WHITE PLAINS—The multifamily sector in Westchester County is getting stronger and the development pipeline for rental units is growing as developers hope to capture Millennials seeking housing in a live-work-play environment. With major projects under construction in White Plains, such as 55 Bank St., and in Yonkers along the Hudson River waterfront, as well as…

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County Executive Astorino Meets With NYC Brokers

January 2016

NEW YORK—As part of an ongoing initiative to promote Westchester County as the “smart spot for business,” Westchester County Executive Robert P. Astorino recently met with a group commercial real estate brokers in Manhattan to tout the many benefits of doing business in Westchester. “I’m here today to tell you that Westchester is open for…

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WCR Kicks off New Year at the DoubleTree

January 2016

Richard Haggerty, HGAR CEO and John Dolgetta, Esq. HGAR Legal Counsel, were the guest speakers at the Women’s Council of Realtors’ first event of 2016. The breakfast meeting was held at the DoubleTree Hotel in Tarrytown on Monday, Jan. 11. Haggerty presented an overview of HGAR for the New Year, while Dolgetta provided a legal…

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$1.2 Billion Project Could Make Westchester a Biotech Destination

January 2016

TARRYTOWN—While it may not transform Westchester County into the next Silicon Valley, Research Triangle or Cambridge, MA, the more than $1-billion in planned private investment in a project known as the “North 60” may raise the county’s status considerably as a viable biotechnology research location outside of New York City. Westchester County Executive Robert Astorino…

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