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John Ravitz

News
COVID-19: State Order Removes Property Tax Late Fees For Westchester Residents, Businesses COVID-19: State Order Removes Property Tax Late Fees For Westchester Residents, Businesses
Covid-19: State Order Removes Property Tax Late Fees For Westchester Residents, Businesses Westchester County residents and businesses will not have to have pay late fees for their property taxes after the due under a state order obtained by the county executive. Westchester County Executive George Latimer received permission from Governor Andrew Cuomo on Tuesday, April 21, to go forward with his plan to remove late fees for county residents and businesses for the late payment of their property taxes. “I want to thank Gov. Cuomo for recognizing the need to help Westchester residents and businesses," Latimer said. "I am concerned about the financial pressures that the residents of…

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by Kathy Reakes
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…

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by Jon Craig