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Thursday, nov 28
Politics
Gas Moratorium Prompts Westchester Leaders To Urge Cuomo Take Action
Con Edison’s announced gas moratorium has sent many municipalities into a panic, prompting local lawmakers to encourage New York Gov. Andrew Cuomo to take action against the utility company. More than two dozen officials put their name on a letter to the governor, in which they ask Cuomo to expedite the New York Public Service Commission proposal called “Smart Solutions for Natural Gas,” and to introduce incentives for those using clean energy sources. “Smart Solutions for Natural Gas,” proposes increasing the use of geothermal heating and air source heating pump solutions are currently pen…
Business
Ama-gone: Cuomo Says 'Small Group Of Politicians' Caused Collapse Of Planned H2Q
Amazon’s shocking decision to back out of a deal to set up shop in New York has Gov. Andrew Cuomo pointing fingers at “a small group of politicians.” The online retail behemoth announced on Thursday that it is no longer planning to construct a new headquarters in Long Island City, bringing more than 25,000 jobs to the region. The company said that despite the support of New Yorkers, it has decided to only move forward with their new campus in northern Virginia. “After much thought and deliberation, we've decided not to move forward with our plans to build a headquarters for Amazon in Long I…
Business
Most New Yorkers Support State's Deal For Amazon Second Headquarters
Although Amazon may be looking for a new dance partner to set up its new Amazon HQ2 project outside the Empire State, a new poll found that the majority of New Yorkers support the proposed move to Long Island City. In November, the online retailer announced that it has chosen two locations for its new HQ2 project, one in Long Island City, and a second in Virginia. However, according to a report released Friday, Amazon is reconsidering its choice in New York. A Siena College poll asked: “Do you approve or disapprove of the recently announced deal between Amazon and New York, which grants up …
Business
Westchester County Association Will Merge With Hudson Valley Economic Development Corp
Two of the area’s leading business advocacy organizations will soon become one, following the announcement of a major merger between the Westchester County Association and the Hudson Valley Economic Development Corp.The deal, announced on Tuesday, Jan. 29, will center on strengthening the economy in the Hudson Valley. The new organization - which has not been given a designated name - is expected to take effect later this year. When the merger is complete, current WCA Chairman William Harrington is expected to serve as the chairman of a unified board of directors. Bill Mooney, the president …
News
Public Meetings Announced To Discuss Con Edison's Westchester Gas Moratorium
The New York Public Service Commission will host public meetings in Westchester next months to discuss Con Edison’s announced gas moratorium that will begin in March. Con Ed issued an announcement last week stating that the demand for new gas has surpassed its limits in the Southern Westchester area, prompting them to stop accepting new customers in Westchester beginning in March. “The demand for natural gas in our service area has been experiencing significant growth primarily due to the construction of new buildings, the opening of new businesses, and conversions from oil to cleaner-burni…
News
Con Edison Gas Moratorium A 'Wake-Up Call,' Says Business Council Of Westchester President, CEO
Although many were caught off guard by Con Edison’s announcement of a gas moratorium that will take effect in less than two months, one of Westchester’s top business minds has called the event “a wake-up call.” Marsha Gordon, the President and CEO of the Business Council of Westchester, said that the moratorium “is a wake-up call for all who are focused on the economic present and future of Westchester and the entire metropolitan area.” “While the shortage announcement came as a surprise, it shouldn't have,” she said. “The supply crisis has been in the making for years as virtually any atte…
Business
Latimer Signs Lease For $1.2B, 60-Acre Biotech Center Bringing Thousands Of Jobs To Westchester
County Executive George Latimer has officially signed the lease for a biotech center that will bring thousands of jobs to the Westchester area, he announced during his annual speech to members of Westchester County Association on Thursday, Jan. 10 at the Westchester Marriot in Tarrytown. The biotech center, authorities say, will bring 8,000 permanent jobs as well as 4,000 construction jobs to the area. Worth $1.2 billion, the 99-year lease with developer Fareri Associates is for 60 acres of land in Valhalla owned by the county on the Grasslands campus near Westchester Medical Center. The bi…
Business
Surprise, Surprise: Amazon Plans To Split HQ2 Between Two Cities, One Could Be NYC, Report Says
Speculation has swirled since September 2017 when Amazon, the Seattle-based global giant Internet retailer, announced it was seeking proposals from cities and metropolitan areas across North America to compete for its second headquarters. The 500,000 square-foot facility known as HQ2 was expected to include $5 billion in private investment and create as many as 50,000 new high-paying jobs. But now comes a dramatic plot twist. Call it HQ2 times two. The Wall Street Journal is reporting Amazon will evenly split its second headquarters among two cities, dividing the number of jobs …
Politics
Lost $10M State Grant, Late Campaign Finance Reports Spark Debate In Ossining Mayoral Race
Mayoral candidates in the Village of Ossining clashed over the village's inability to receive a $10 million state economic redevelopment grant. On her website, Ossining Mayor Victoria Gearity claimed that village Trustee Omar Herrera, who is challenging her for mayor on Tuesday, Nov. 6, jeopardized the village’s chances of being awarded a Downtown Revitalization Initiative Grant from the MidHudson Region of the Regional Economic Development Councils (REDC). Earlier this year, Herrera proposed a building moratorium for Ossining. “The REDC will only entrust $10M to a community with leader…
Lifestyle
Cashless Tolling To Go Live At Toll Barrier In Hudson Valley This Week
Cashless tolling will go live in the Hudson Valley this week following an announcement by Gov. Andrew Cuomo. The transition to cashless tolling will begin late Thursday night, Sept. 27 into Friday morning, Sept. 28, at the Harriman Toll Barrier in Orange County, Cuomo said Tuesday. The transition at Harriman is meant to help ease traffic and spur economic development around the Woodbury Premium Outlets area, the governor said. "Cashless tolling at the Harriman toll plaza will ease congestion for millions of motorists each year and help strengthen the region's economy by providing gr…
Politics
Mount Vernon Mayor Proposes $116M City Budget
Mount Vernon Mayor Richard Thomas has proposed a $116 million 2019 budget that will represent a $100 property tax increase while maintaining essential services in the city. Last week, Thomas presented a $160,009,845, which “pays for services, invests in productivity, revenue generation and infrastructure,” while staying under the state’s mandated tax cap of 2.7 percent. It is an increase of approximately 4 percent from the 2018 adopted budget ($111,247,888) and would include the appointment of 18 new staff positions within the city. Thomas noted that the tax increase would work out to appro…
Business
Westchester County Association Rebrands Itself For First Time Since 1950
The Westchester County Association has completed a years-long transition from a leading business membership organization to Westchester’s most powerful economic development entity. On Monday, Sept. 10, to better reflect its policy and action-oriented identity, the Westchester County Association unveiled its first major brand realignment since its founding in 1950. The new brand emphasizes the WCA’s heightened focus on its high-level advocacy – which has long differentiated the organization within Westchester’s business community – and sets the stage for a series of major new economic devel…
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