News

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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Developer Breaks Ground on $33-Million Apartment Project in Yonkers

February 26, 2021

YONKERS—Yonkers Mayor Mike Spano and other city officials joined with executives of Regency Apartment Ventures LLC on Feb. 25 to celebrate the groundbreaking of Regency on the Hudson, a seven-story 126-unit residential building at 56 Prospect St. here. The development will feature 13 units that will be designated as affordable under the city’s Affordable Housing…

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Existing U.S. Home Sales Rose Slightly in January; Northeast Home Sales Fell More Than 2%

February 22, 2021

WASHINGTON —Existing-home sales rose in January, marking two consecutive months of growth, according to the National Association of Realtors. From a month-over-month perspective, buying activity varied in the major regions. Year-over-year, all four areas recorded double-digit gains in January. Existing-home sales in the Northeast in January declined 2.2%, recording an annual rate of 870,000, a…

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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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Crystal Hawkins Syska Installed as 2021 HGAR President

February 17, 2021

WHITE PLAINS—In the 104 years the Hudson Gateway Association of Realtors and its predecessor organizations have been in operation, one of the highlights each year has been the pomp and circumstance of the installation of the association’s officers and directors. Due to the coronavirus pandemic, while this year’s event was the first being staged on…

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$33-Million Rental Project in Yonkers Gets Final Approval of IDA Incentives

February 12, 2021

YONKERS—The Yonkers Industrial Development Agency Board reports it recently granted final approval of financial incentives for 56 Prospect St., a $32.6 million, 126-unit apartment building. The project, which received final approval at the IDA’s Feb. 5 meeting, will be comprised of 90 studios, 18 one-bedroom units and 18 two-bedroom units with a rooftop terrace overlooking…

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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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RXR Realty Tops Off New Rochelle Apartment Tower

February 11, 2021

NEW ROCHELLE— RXR Realty, master developer of Downtown New Rochelle, announced on Feb. 10 the topping out of One Clinton Park, a 28-story mixed-use tower under construction here. The project created 250 on-site construction jobs, employing a diversity of contractors, including MWBE firms and local New Rochelle companies. One Clinton Park features 352 state-of-the-art, highly…

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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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Resorts World Switches Gaming Project From Harriman to the Newburgh Mall

February 8, 2021

NEWBURGH—Resorts World Catskills Casino is poised to present plans for a Video Gaming Machine (VGM) facility at the Newburgh Mall here. The Genting Group, parent company of Resorts World Catskills Casino in Monticello, confirmed that it will soon present plans to the Town of Newburgh to develop the VGM facility in an attempt to capture…

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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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NYC Brokerage Firm Triplemint Expands to Westchester County

February 3, 2021

NEW YORK—New York City-based residential brokerage firm Triplemint reported on Feb. 3 it had expanded its operations to Westchester County with the defection of a number of Douglas Elliman agents. Triplemint reported that the Berkowitz Marrone Team led by Owen Berkowitz and Carol Marrone, who were the founding members of Douglas Elliman Westchester, have joined…

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