Poughkeepsie, NY
Real Estate
Beacon Development Company Buys Former IBM West Site In East Fishkill Beacon Development Company Buys Former IBM West Site In East Fishkill
Beacon Development Company Buys Former IBM West Site In East Fishkill A Beacon development company, RWHPA LLC, has purchased the former IBM West/Bright solar 125-acre campus in East Fishkill in a deal brokered by McGrath Realty, Inc. The deal, which was two years in the making, was closed this month for an undisclosed amount.  The land includes three flex buildings and 70 acres of land, the realty company said. According to McGrath, the town of East Fishkill and Dutchess County government were involved in the process, especially the economic development sector because of its layout in such "a fast growing commercial and industrial region," he added…

SHARE

by Kathy Reakes
White Plains, NY
Politics
Molinaro Cites 'Quid-Pro-Cuomo' Emails In Bid-Rigging Trial Molinaro Cites 'Quid-Pro-Cuomo' Emails In Bid-Rigging Trial
Molinaro Cites 'Quid-Pro-Cuomo' Emails In Bid-Rigging Trial Secret emails loomed large as communications detailing "Quid-pro-Cuomo" were presented by federal prosecutors at the "Buffalo Billion bid-rigging trial," Republican gubernatorial candidate Marc Molinaro said in a campaign mailing. The Dutchess County executive, who is running against Gov. Andrew Cuomo of New Castle, was referring to the federal corruption case investigating links between Democratic campaign donations and state-backed developers. A SUNY official on trial for allegedly rigging bids to favor donors to Cuomo on Upstate economic development projects was advis…

SHARE

by Jon Craig
Yonkers, NY
Business
MGM Resorts Buys Empire City Casino, Yonkers Raceway For $850 Million MGM Resorts Buys Empire City Casino, Yonkers Raceway For $850 Million
MGM Resorts Buys Empire City Casino, Yonkers Raceway For $850 Million This story has been updated. MGM Resorts International and MGM Growth Properties LLC announced that MGM Resorts has entered into an agreement to acquire the Empire City Casino's race track, Yonkers Raceway, and the casino for $850 million.  MGM Resorts and MGP have entered into an agreement whereby MGP will acquire the developed real property associated with Empire City from MGM Resorts and lease it back to a subsidiary of MGM Resorts, after which a subsidiary of MGM Resorts will operate the property, it was announced on Tuesday morning, May 29. "We are excited to announce the additio…

SHARE

by Jon Craig
Armonk, NY
News
These Hudson Valley Communities Awarded Millions In State Grants These Hudson Valley Communities Awarded Millions In State Grants
These Hudson Valley Communities Awarded Millions In State Grants Gov. Andrew Cuomo announced that more than $8 million has been awarded to six Hudson Valley municipalities as part of his Restore New York initiative. Nearly $81 million was awarded to 71 municipalities statewide. "Downtown communities are vital to keeping our economies thriving and to attracting businesses and families to put down their roots in New York," Cuomo said. "The Restore New York Communities Initiative recognizes communities teeming with potential and invests in their transformation and their future, and turns them into neighborhoods New Yorkers are proud to call h…

SHARE

by Jon Craig
Rye, NY
Lifestyle
Playland Management Deal Under New Review By Westchester County Legislators Playland Management Deal Under New Review By Westchester County Legislators
Playland Management Deal Under New Review By Westchester County Legislators Playland's modernization -- a priority project of former Westchester County Executive Rob Astorino -- is now back under the microscope of the county Board of Legislators, which previously challenged the management contract with Standard Amusements. The historic, county-owned park in Rye has been managed by Harrison native Nicholas Singer, founder of Standard Amusements, for the past year. He was not immediately available for comment. The contract between the county and Standard Amusements was signed in 2016 by Astorino. New County Executive George Latimer of Rye has said that his administra…

SHARE

by Jon Craig
New Rochelle, NY
News
New Rochelle City Hall Moving Downtown For First Time In 55 Years New Rochelle City Hall Moving Downtown For First Time In 55 Years
New Rochelle City Hall Moving Downtown For First Time In 55 Years New Rochelle Mayor Noam Bramson threw a curveball during his annual “State of the City” address, announcing that City Hall would be moving from its longtime home on North Avenue back to a new downtown address. With “the most ambitious downtown redevelopment in New Rochelle history” well underway in Westchester, Bramson announced on Thursday that City Hall would be relocated to a new site downtown, to the base of a high-rise development on Harrison Street. “(This move) will put the people’s house back in the heart of our city, right between Main Street and Huguenot Street, bringing employees…

SHARE

by Zak Failla
Fairfield, CT
Business
Amazon Breaks Ground On $255 Million Warehouse In Connecticut Amazon Breaks Ground On $255 Million Warehouse In Connecticut
Amazon Breaks Ground On $255 Million Warehouse In Connecticut Construction crews have broken ground for the next home of Amazon’s warehouse on Washington Avenue in North Haven. The $255 million project is expected to be completed by June 2019. The warehouse will create 1,800 jobs, and ultimately 3,000, First Selectman Michael Freda told The Connecticut Post.. The warehouse will span about 1.2 million square feet, roughly the same size as the former Pratt & Whitney facility that it succeeds.  Amazon would become the largest company to enter the region since Pratt and Whitney left in 2001.

SHARE

by Jon Craig
Armonk, NY
Business
Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2 Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2
Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2 Amazon has revealed the number of jobs it expects to add and the average annual salary at its new second headquarters after announcing 20 finalists, including New York City, for the new location late last month.Amazon said it expects to invest more than $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs with an average salary of $100,000. Seattle-based Amazon did not disclose how it determined the finalists after receiving nearly 300 applications from localities.  The winner will be selected later this year. No specific month for that …

SHARE

by Joe Lombardi
Armonk, NY
Business
Westchester Factory To Build MTA Subway Cars Westchester Factory To Build MTA Subway Cars
Westchester Factory To Build MTA Subway Cars A whole host of new jobs are heading to the Hudson Valley, as the MTA announced a $1.4 billion contract that will be awarded to Kawasaki to build state-of-the-art subway cars in Westchester. The Metropolitan Transportation Authority Board announced this week that they voted to approve the purchase of 535 next generation subway cars, which will be used on lettered routes and the Staten Island Railway. Kawasaki later announced that the cars will be built and tested at their facilities in Yonkers and Nebraska. Delivery is expected by 2020. The initial contact will include the delivery of 535 c…

SHARE

by Zak Failla
Fairfield, CT
Politics
Fairfield's Tetreau To Lead Regional Metro Council Fairfield's Tetreau To Lead Regional Metro Council
Fairfield's Tetreau To Lead Regional Metro Council FAIRFIELD, Conn. — First Selectman Mike Tetreau has been elected chairman of the Connecticut Metropolitan Council of Governments (MetroCOG). MetroCOG is a multi-discipline, regional planning organization with six member communities — Fairfield, Bridgeport, Easton, Trumbull, Monroe and Stratford. As one of nine planning regions in the state, MetroCOG is responsible for planning, project management, services and programs related to transportation, economic development, land use, housing, public facilities, open space, environment and energy for the region. “State and federal woes make it mor…

SHARE

by Meredith Guinness
Armonk, NY
Business
Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2 Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2
Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2 Amazon has revealed the number of jobs it expects to add and the average annual salary at its new second headquarters after announcing 20 finalists, including New York City, for the new location Thursday morning.Amazon said it expects to invest more than $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs with an average salary of $100,000. Seattle-based Amazon did not disclose how it determined the finalists after receiving nearly 300 applications from localities.  The winner will be selected later this year. No specific month for that…

SHARE

by Joe Lombardi
Stamford, CT
Business
Stamford Reacts To Not Making Amazon's List Of Finalists For New HQ Stamford Reacts To Not Making Amazon's List Of Finalists For New HQ
Stamford Reacts To Not Making Amazon's List Of Finalists For New HQ STAMFORD, Conn. – Even though Stamford did not make it to the short list of possible locations for Amazon's second headquarters, city officials still see a silver lining and think that Stamford will make an appealing location for another major company. Stamford had been one of two locations the state of Connecticut had proposed to the online retailer as a possible location for a new headquarters. Hartford had been the other possible location the state suggested. Amazon came out with a list of 20 possible locations on Thursday, with no Connecticut locations making the cut. Related story: Ama…

SHARE

by Casey Donahue