Commercial

Orange County Legislature Replaces Entire IDA Board Over Transparency Complaints

March 5, 2021

GOSHEN—The Orange County Legislature, frustrated over attempts to secure financial documents from the Orange County Industrial Development Agency, voted to remove the entire seven-member IDA Board of Directors on Thursday evening after a two-hour-long executive session. Orange County legislators cited what they termed had been the lack of transparency by the Orange County Industrial Development…

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Construction Begins on 130,000 SF Target Store at Cross County Center

March 5, 2021

YONKERS—State and city officials gathered on March 4 to officially turn the first dirt on the development of a new 130,000-square-foot Target store at the Cross County Center in Yonkers. Target recently signed a 40-year retail lease at the storied shopping center. It will occupy space at what was once home to a four-story Sears…

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GUEST VIEWPOINT: What We Can Learn from Westchester’s Evolving Office Market

March 3, 2021

Famed American Bandstand host Dick Clark once clarified his multi-decade influence over the music industry. “I don’t set trends,” he offered, “I just find out what they are and exploit them.” Much the same can be said of Westchester County, where the area’s changing real estate landscape is more a reflection of emerging national and…

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Westchester County IDA Approves New Local Hire Labor Policy

February 25, 2021

WHITE PLAINS—The Westchester County Industrial Development Agency’s Board of Directors earlier today (Feb. 25) unanimously approved a new local hire labor policy that will require incentivized project developers hire 85% of its construction workers from the local area; require its workers complete OSHA safety training; subcontractors be enrolled in a pre-apprenticeship program and that all…

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Genting Proposes Video Gaming Machine Facility At Vacant Bon Ton Dept. Store at Newburgh Mall

February 23, 2021

NEWBURGH—Representatives of Genting Americas, the parent company of Resorts World Catskills casino in Monticello, officially presented plans to the Newburgh Town Board on Feb. 22 to locate a Video Gaming Machine facility at the Newburgh Mall here. The $32-million “Resorts World Hudson Valley” project would convert 90,000-square-foot of space, including the now vacant Bon Ton…

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J. Philip Commercial Group Launches New Business Brokerage Division

February 18, 2021

CARMEL—J. Philip Commercial Group announced recently the launch of a new service arm—J. Philip Commercial Group (JPCG) Business Brokerage that will be based here. The brokerage firm reported that the new entity will be the first Putnam County-based business broker and will seek to fill a gap for entrepreneurs and business owners who have been…

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Port Chester Last Mile Delivery Firm To Relocate to Larger Space in CT

February 18, 2021

ELMSFORD—As part of an announcement on its leasing activity at its commercial properties in Westchester and Fairfield (CT) counties, Robert Martin Co. announced that Lasership, a last mile delivery firm currently based in Port Chester, will be shifting operations across the border to Stamford, CT. Lasership has leased 40,000 square feet of flex/industrial space at…

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PSC Approves $710M in Downstate, Upstate Power Line Projects

February 12, 2021

NEW YORK—The New York State Public Service Commission on Thursday, Feb. 11 approved two transmission line projects, one in the Capital District-Hudson Valley region and another in Western New York that will cost more than $700 million to complete. The PSC approved the New York Energy Solution Project—a 54.5-mile, 345-kilovolt transmission line valued at an…

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Yorktown Approves IBM Solar Project at Watson Facility

February 10, 2021

YORKTOWN HEIGHTS, NY—The Yorktown Planning Board approved on Monday (Feb. 8) a solar canopy for IBM’s Watson facility that the town estimates will eliminate 6.8 million pounds of carbon dioxide emissions annually. IBM will build a solar panel canopy over a large parking lot at 1101 Kitchawan Road in Yorktown Heights. The construction project will…

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NJ-Based Plawker Group Joins Rand Commercial

February 9, 2021

ENGLEWOOD CLIFFS, NJ - Rand Commercial announced on Feb. 8 that locally-based Plawker Commercial has officially joined the Rockland-County headquartered commercial brokerage firm. The firm is now operating as Rand Commercial Plawker Group and is located out of offices at 601 Palisades Ave. in Englewood Cliffs, NJ. In December 2020, residential brokerage firm Plawker Real…

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Tenants Sign 102,000 SF in Lease Deals At GHP Office Properties in Westchester

February 4, 2021

WHITE PLAINS—GHP Office Realty, LLC, an affiliate of Houlihan-Parnes Realtors, LLC, announced recently it had leased 102,212 square feet in transactions worth more than $26.6 million in rental income. Ampacet Corp. renewed its lease of 35,000 square feet on the third floor of 660 White Plains Road in Tarrytown for seven years. The space serves…

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Former Toyota Dealership Property in New Windsor Sold

February 4, 2021

NEW WINDSOR—John J. Lease Realtors reported recently that it had sold the former Toyota Auto Sales facility, located at 2934 U.S. Route 9W in New Windsor. The sale price was $925.000. The property consists of two buildings with 18,000 square feet total on 3.6 acres. The purchaser was Mid Hudson Films, LLC. John J. Lease…

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Gov. Cuomo May Push Up Timeline on Downstate Casinos to Deal with COVID-19

January 27, 2021

While details are still sketchy at press time, the massive state deficit that has been estimated between $8 billion and $15 billion may be the cause for the state to begin the process of awarding up to three casino gaming licenses in Downstate New York earlier than originally planned. Gov. Andrew Cuomo in his State…

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