News

Fordham/BCW Session to Explore Opportunity Zones

March 2019

RYE BROOK—The Fordham Real Estate Institute and The Business Council of Westchester are co-sponsoring an event on Friday, April 5 entitled “Behind the Headlines—What Opportunity Zones Really Mean for Westchester Real Estate.” The breakfast panel will be held from 8 a.m. to 10:30 a.m. at 800 Westchester Avenue in Rye Brook. “Opportunity Zones are being…

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State Senator Skoufis Probe Targets Slumlords in Major Cities

March 2019

NEWBURGH—New York Senator James Skoufis (D-39), chairman of the New York State Senate Committee on Investigations and Government Operations, announced on March 8 at a press conference in the City of Newburgh the launch of an investigation into housing conditions and code enforcement outside of New York City. His investigations unit is specifically examining the…

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M & J Wilkow and MetLife Investment Acquire Port Chester Shopping Center

March 2019

PORT CHESTER—M & J Wilkow announced recently that the company, along with MetLife Investment Management on behalf of its clients, acquired the 493,459-square-foot Port Chester Shopping Center. Port Chester Shopping Center is strategically positioned at the intersection of highways I-287 and I-95, the two main highway systems connecting the Western and Northern suburban communities of…

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Women's Council of Realtors Hosts a ‘Heart Healthy’ Event

March 2019

MOUNT KISCO—The Women's Council of Realtors Empire Local Westchester hosted it's "Healthy Heart is Good for Business" event at the Holiday Inn Mount Kisco in February. The event, which drew about 50 people, coincided with the "American Heart Month" to bring awareness about heart disease and how to prevent it.

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Gov. Cuomo, Mayor de Blasio Proposed 10-Point MTA Reform Plan

February 2019

NEW YORK—Governor Andrew Cuomo and New York City Mayor Bill de Blasio, who have historically been at odds on a host of issues, agree on one thing—the Metropolitan Transportation Agency needs to be reformed. On Feb. 26, Cuomo and de Blasio released a 10-point plan to reform the MTA and to create sustained funding streams…

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Nyack College Postpones Rockland Campus Shutdown

February 2019

NANUET—Nyack College has announced it will postpone the planned relocation of its undergraduate programs from its campus in Rockland County to Lower Manhattan until early 2020. In an announcement to students on the college’s website, Nyack College President Michael G. Scales stated that the college had delayed the planned relocation of its undergraduate program to…

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Simone Granted Incentives for Montefiore Medical Project

February 2019

WHITE PLAINS—Simone Healthcare Development recently secured a resolution of intent from the Westchester County Industrial Development Agency to provide nearly $1.75 million in incentives for its $61-million plan to redevelop a vacant office building in Harrison into a pediatric care ambulatory facility for Montefiore Medical Center. Simone Healthcare, an affiliate of Simone Development Companies, plans…

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GATEWAY PERSPECTIVES: Dark Clouds Can Lead to New Opportunities

February 2019

2018 was a solid year for real estate in the lower Hudson Valley. However, as the year progressed, we did experience slowly declining sales numbers. Whether this had to do with prospective purchasers having concerns about the SALT deduction limits is probably too early to tell, and we should have a better feel when we…

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Politicos, Business Leaders Detail Dramatic Economic Impact of Natural Gas Moratorium on Westchester

February 2019

WHITE PLAINS—In two separate hearings on Wednesday, county, city and business leaders bemoaned the potential economic impact of Con Edison’s moratorium on new natural gas connections for most of Westchester County scheduled to begin on March 15. Some described the current situation as “a full-blown crisis” with the potential to bring new commercial, multifamily and…

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Meet the Sellers of the Bronx Merges with ERA Insite Realty

February 2019

WHITE PLAINS—ERA Insite Realty Services, a full service, family owned and operated residential real estate firm with offices in White Plains, Bronxville, Yonkers and Pleasantville, has reported that Meet the Sellers of the Bronx has merged with the White Plains based firm. Meet the Sellers was founded and owned by broker Irene Guanill Elukowich. Louis…

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Robison Energy Moving HQ to Port Chester

February 2019

PORT CHESTER—Robison Energy, LLC is relocating its corporate headquarters from Elmsford to the Gateway Plaza office building in Port Chester. The long-term lease deal for approximately 11,000 square feet of space at Gateway Plaza (55 South Main St.) in Port Chester was announced by Jamie Schwartz, executive vice president of GHP Office Realty, LLC, an…

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Clarkstown Forms Committee to Develop Pro-Growth Plan

February 2019

NEW CITY—Clarkstown Supervisor George Hoehmann announced on Feb. 4 the creation of the Clarkstown Business and Economic Development Advisory Committee that is now charged with developing a strategic, pro-growth plan for the town. The committee will focus initially on studying continued shifts occurring in the town’s vitally important retail sector and ways the town can…

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Business Council Announces Hall of Fame Winners

February 2019

RYE BROOK—The Business Council of Westchester announced on Feb. 5 the winners of its prestigious Business Hall of Fame Awards, which recognizes Westchester’s top corporate leaders. The winners will be honored at the 2019 Business Hall of Fame Awards Dinner on Tuesday, April 30 at the Glen Island Harbour Club in New Rochelle. The winners…

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Westchester Office Properties Ended the Year on a High Note

January 2019

RYE BROOK—Strong economic fundamentals in the U.S., the greater New York City area, and in Westchester County continue to drive a healthy commercial real estate market, according to a new fourth quarter report released recently by Houlihan Lawrence’s Commercial Group. “Widespread fears about the health of the economy have proven unfounded in the face of…

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