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New York Real Estate Journal Applauds Yonkers' Business Efforts

YONKERS, N.Y. -- The New York State Real Estate Journal is putting the spotlight on Yonkers. 

The New York Real Estate Journal recently put the spotlight on Yonkers and the city's new development.

The New York Real Estate Journal recently put the spotlight on Yonkers and the city's new development.

Photo Credit: Screenshot Of NYREJ Website

The NYSREJ recently focused on the Yonkers Industrial Development Agency and president and CEO Melvina Carter. The article highlights the city's business development and city government. 

The article mentions Yonkers' "location that is served by more rail lines, bus routes and major highways than anywhere else in the county" the city's "population - diverse, educated, and growing every year" and Yonkers' "unparalleled property inventory - ranging from waterfront, to industrial, office park, retail and everything in between," according to the article

"The Yonkers IDA offers a variety of financial assistance to businesses coming into Yonkers or existing businesses that are expanding," according to the article. "These range from property tax incentives for housing and business development, to sales and mortgage tax incentives on purchase and improvements of property." 

The article also draws attention to mayor Mike Spano, YIDA chairman. 

"People focus on the downtown waterfront because there's so much activity right now," said Spano in the article, "But Yonkers is a large municipality, and there's actually development taking place in every corner of the city."

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