Fair 71°
Politics
Corruption Probes Won't Hurt Re-Election Chance, Cuomo Says Corruption Probes Won't Hurt Re-Election Chance, Cuomo Says
Corruption Probes Won't Hurt Re-Election Chance, Cuomo Says t’s not the governor -- just associates and appointees surrounding him. Gov. Andrew Cuomo of New Castle continues to distance himself from a federal corruption scandal that has tarnished the reputation of his economic development projects, according to media reports.  Cuomo argues that a series of guilty verdicts won’t hurt his chance of re-election in the fall. “I think there has never been a suggestion that I did anything wrong,” Cuomo said in Brooklyn, according to this article in the New York Post. “Can we do more checks and balances? Yeah, we always can, but you will always have some…

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by Jon Craig
Real Estate
Development Company Buys Former IBM Site In Hudson Valley Development Company Buys Former IBM Site In Hudson Valley
Development Company Buys Former IBM Site In Hudson Valley 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…

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by Kathy Reakes
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…

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by Jon Craig
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
News
Three Westchester Communities Awarded Millions In State Grants Three Westchester Communities Awarded Millions In State Grants
Three Westchester 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…

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by Jon Craig
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…

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by Jon Craig
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.

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by Jon Craig
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 …

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by Joe Lombardi
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…

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by Zak Failla
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…

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by Joe Lombardi
Business
Amazon Names 20 HQ2 Finalists Amazon Names 20 HQ2 Finalists
Amazon Names 20 HQ2 Finalists Amazon announced 20 finalists for its second headquarters on Thursday morning, with nearly all big U.S. cities, including New York.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 selection was announced. 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. Here are the 20 locations chosen by Amazon as the HQ2 …

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by Joe Lombardi
Politics
Westchester Better, Strong Than Eight Years Ago, Astorino Says Westchester Better, Strong Than Eight Years Ago, Astorino Says
Westchester Better, Strong Than Eight Years Ago, Astorino Says WESTCHESTER COUNTY, N.Y. - As new Westchester County Executive George Latimer hits the ground running in 2018, outgoing Executive Rob Astorino took to Facebook to address his constituents. In a lengthy post, Astorino said that Westchester is “better and stronger today than when (he) arrived,” in 2009 when he first took office. During his eight years, Astorino’s administration helped create 44,000 new private sector jobs, he said, creating the opportunities for thousands of new jobs and hundreds of millions of dollars in new revenue in the process. He also touted the revitalization of Playla…

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by Zak Failla