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Economic Development

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Scenic Park, Pier On Hudson River To Celebrate Reopening Scenic Park, Pier On Hudson River To Celebrate Reopening
Scenic Park, Pier On Hudson River To Celebrate Reopening A rebuilt pier along the Hudson River is about to open up tourism and economic opportunities for a city in Northern Westchester, officials announced. A grand reopening ceremony celebrating the rebuilding and renovation of Fleischmann Pier and Charles Point Park in Peekskill will be held on Sunday, Oct. 13 from 12 p.m. to 3 p.m. on John Walsh Boulevard, officials announced on Wednesday, Oct. 9.  The almost 500-foot-long pier will be able to accommodate large vessels, two floating docks for smaller boats, and an accessible kayak launch. Benches and viewing devices have also been ins…

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by Ben Crnic
Business
3 National Retailers Moving Into Former Kmart Location In Northern Westchester 3 National Retailers Moving Into Former Kmart Location In Northern Westchester
3 National Retailers Moving Into Former Kmart Location In Northern Westchester Several national retail brands will be opening new locations at the site of a former Kmart in Northern Westchester, officials announced.  All-new T.J. Maxx, Michaels, and Five Below locations will be opening in the empty big box store at the Yorktown Green Shopping Center at 335 Downing Dr., Yorktown officials announced on Thursday, March 28.  The announcement follows an effort from the town to fill the space left behind by the defunct Kmart store. "The Town Board has made every effort to facilitate a renaissance for this vital property in the center of Yorktown Heights’ bus…

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by Ben Crnic
News
These Hudson Valley Housing Projects To Receive Portion Of $260M Fed, State Funding These Hudson Valley Housing Projects To Receive Portion Of $260M Fed, State Funding
These Hudson Valley Housing Projects To Receive Portion Of $260M Fed, State Funding More than a quarter billion dollars in federal and state funding will go toward addressing New York’s housing crisis. Over $260 million has been awarded to 29 housing developments across the state through tax credits and subsidies meant to create or preserve over 1,800 affordable and sustainable homes, Gov. Kathy Hochul announced Monday, March 18. The projects will upgrade and modernize public housing and further local economic development initiatives, according to the governor’s office. Each one includes sustainable features meant to advance the state’s climate goals. “The only way to add…

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by Michael Mashburn
News
Airport In Region Undergoing Upgrades, Modernization Airport In Region Undergoing Upgrades, Modernization
Airport In Region Undergoing Upgrades, Modernization Construction has begun on an international airport in the region to modernize and create state-of-the-art gateways. The Sullivan County International Airport in Swan Lake is receiving a facelift and modernizations to increase tourism and fuel economic growth, said New York Gov. Kathy Hochul on Friday, March 22. The project, which was awarded $18.5 million from the Governor’s $230 million Upstate Airport Economic Development and Revitalization Competition, will replace the original 55-year-old terminal with a spacious, new 15,000-square-foot, energy-efficient building that will become both a…

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by Kathy Reakes
Politics
Brand-New Hudson Valley County Executive Sworn In During Season's First Major Winter Storm Brand-New Hudson Valley County Executive Sworn In During Season's First Major Winter Storm
Brand-New Hudson Valley County Executive Sworn In During Season's First Major Winter Storm Despite the region’s first major storm of the winter season dropping more than a foot of snow in parts of the Hudson Valley, more than 350 guests attended the swearing-in of a new county executive. The swearing-in event for Dutchess County Executive Sue Serino was held on Sunday, Jan. 7 at Dutchess Community College’s Aviation Education Center at Hudson Valley Regional Airport in Wappinger.  “I am so honored and humbled to be with you all as I take my ceremonial Oath of Office for this position," Serino said. "As I get to work for Dutchess County, I want to thank each and every on…

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by Kathy Reakes
News
Nearly $2B In Bets Placed In NY In First 30 Days Of Mobile Sports Betting Nearly $2B In Bets Placed In NY In First 30 Days Of Mobile Sports Betting
Nearly $2B In Bets Placed In NY In First 30 Days Of Mobile Sports Betting In the first 30 days since mobile sports betting launched in New York, nearly $2 billion in bets have been taken in the state. Gov. Kathy Hochul made the announcement on Monday, Feb. 14, saying $1.98 billion in wagers were taken in the state, a figure larger than any other state has reported. She said the betting is set to generate more than $70 million in tax revenue for the state over the first month. Mobile sports wagering launched in New York on Saturday, Jan. 8. "Over the past month, we've seen how mobile sports wagering can be an economic engine for New York, driving significant fun…

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by Nicole Valinote
Politics
Northern Westchester Municipality Will Get $10M As Part Of NY State Revitalization Initiative Northern Westchester Municipality Will Get $10M As Part Of NY State Revitalization Initiative
Northern Westchester Municipality Will Get $10M As Part Of NY State Revitalization Initiative A pair of Hudson Valley communities have become the latest to be awarded millions to revitalize their downtown spaces and grow the economy. New York Gov. Kathy Hochul announced that both Ossining in Northern Westchester and Haverstraw in Rockland County have been awarded a $10 million Downtown Revitalization (DRI) award. The move comes as part of the fifth round of the DRI. According to state officials, "as part of DRI Round (Five), each of the state's 10 regional economic development regions are being awarded $20 million, to make for a total state commitment of $200 million in fundin…

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by Zak Failla
Business
Frito-Lay To Build Distribution Center At Former IBM Site In Hudson Valley Frito-Lay To Build Distribution Center At Former IBM Site In Hudson Valley
Frito-Lay To Build Distribution Center At Former IBM Site In Hudson Valley Frito-Lay is looking to build a 150,000-square-foot fulfillment center in the Hudson Valley, making it one of the largest additions to the area in years. The company has applied to build the expansive project in Dutchess County at the iPark mixed-use area in East Fishkill. The area has seen a huge transformation in recent years, according to East Fishkill Town Supervisor Nick D’Alessandro. The development is part of the Town Board’s economic development plans and strategic zoning changes from the past several years, which were made to secure projects of this caliber, D'Alessandro…

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by Kathy Reakes
Business
Amazon Fulfillment Center Gets Approval At Former IBM Site In Hudson Valley Amazon Fulfillment Center Gets Approval At Former IBM Site In Hudson Valley
Amazon Fulfillment Center Gets Approval At Former IBM Site In Hudson Valley Hundreds of new jobs are heading to the Hudson Valley as Amazon received its final approval to open up a new fulfillment center at the former IBM campus in the Hudson Valley. On Tuesday, March 9, Amazon announced its plans to expand its operation in Dutchess County at the 631,000-square-foot site on Route 52 in East Fishkill, which is expected to create more than 500 full-time jobs and hundreds of part-time jobs. It will be Amazon’s first operations site in Dutchess and third in New York, joining two sorting centers and 15 delivery stations. 
“We are proud to continue our growth and i…

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by Zak Failla
Business
Amazon Proposes New Hudson Valley Facility That Will Create 500 Jobs Amazon Proposes New Hudson Valley Facility That Will Create 500 Jobs
Amazon Proposes New Hudson Valley Facility That Will Create 500 Jobs It only took a few words from the Dutchess County Executive Marc Molinaro on Twitter to get excitement growing about Amazon possibly building another center in the Hudson Valley. "We are thrilled @amazon is ready to #ThinkDutchess," Molinaro said on Twitter on Tuesday, Nov. 17. In fact, the mammoth company is considering building another processing center in East Fishkill on the site of the old IBM campus which has been vacant for more than 15 years. If the 600,000-square-foot building comes to fruition, it could create at least 500 jobs. Bluewater Property Group, the company behind the …

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by Kathy Reakes
Business
Amazon To Open Operations Facility In Hudson Valley, Creating Hundreds Of Jobs Amazon To Open Operations Facility In Hudson Valley, Creating Hundreds Of Jobs
Amazon To Open Operations Facility In Hudson Valley, Creating Hundreds Of Jobs Hundreds of jobs are coming to the Hudson Valley as Amazon prepares for its latest venture in New York. This week, Amazon announced that it plans to launch a state-of-the-art operations facility in Orange County in Montgomery in time for the 2021 holiday season, generating more than 800 full-time jobs. The fulfillment center, which will span more than 1,000,000-square-feet near the intersection of Route 17K and Route 747 has been in the works for more than a year. The $75.2 million project had to be approved by the Town Board, Zoning Board of Appeals and Planning Board, the town’s Industr…

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by Zak Failla
News
'Do Your Job,' Cuomo Tells NYPD, de Blasio Amid Looting; NYC Curfew Extended Through Weekend 'Do Your Job,' Cuomo Tells NYPD, de Blasio Amid Looting; NYC Curfew Extended Through Weekend
'Do Your Job,' Cuomo Tells Nypd, de Blasio Amid Looting; NYC Curfew Extended Through Weekend The curfew in New York City has been extended for the rest of the week, through the weekend as looting and protests continue to break out in the wake of the police-assisted death of George Floyd in Minneapolis as Gov. Andrew Cuomo publicly criticized Mayor Bill de Blasio's response.  De Blasio announced that the curfew will be in effect nightly from 8 p.m. to 5 a.m. through Sunday, June 7. following five nights of protests in the five boroughs and throughout the country. Earlier story - NYC Will Have Curfew After Looting On Fourth Night Of Protests “Anyone who is upset about the statu…

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by Zak Failla
News
COVID-19: NY, NJ, CT Join New Multi-State Consortium For Medical Supplies COVID-19: NY, NJ, CT Join New Multi-State Consortium For Medical Supplies
Covid-19: NY, NJ, CT Join New Multi-State Consortium For Medical Supplies On Day 64 of the novel coronavirus (COVID-19) pandemic, the governors of New York, New Jersey and Connecticut announced the formation of a joint seven-state agreement to develop a regional supply chain for personal protective equipment, other medical equipment and testing. Other states involved in the initiative are Massachusetts, Pennsylvania, Delaware and Rhode Island. While the states will continue to partner with the federal government during the crisis, they will also work together to identify the entire region's needs for these products, aggregate demand among the states, reduce costs…

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by Daily Voice
Business
Work Starts On Massive Amazon Warehouse In Hudson Valley Work Starts On Massive Amazon Warehouse In Hudson Valley
Work Starts On Massive Amazon Warehouse In Hudson Valley Work has started on the site that will soon become a massive Amazon warehouse in the Hudson Valley, according to reports. Crews have begun clearing nearly 190 acres of trees in Orange County near the intersection of Route 17K and Route 747 in Montgomery, the home of the warehouse, which will span more than 1,000,000 square feet. Once completed, the building will be the largest in Orange County, housing furniture, outdoor equipment and other large items. The $75.2 million project had to be approved by the Town Board, Zoning Board of Appeals and Planning Board, the town’s Industrial Develop…

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by Zak Failla
Business
Massive Amazon Warehouse In Hudson Valley Gets OK Massive Amazon Warehouse In Hudson Valley Gets OK
Massive Amazon Warehouse In Hudson Valley Gets OK Amazon is expanding its footprint in New York and has been given the go-ahead to construct a massive warehouse in the Hudson Valley, which will bring hundreds of jobs to the region. The giant online retailer had been eyeing warehouse space in Orange County, with the intent to build a warehouse in Montgomery that will sprawl over more than 1,000,000-square feet near the intersection of Route 17K and 747. Following weeks of debate throughout the town, the project was granted a PILOT agreement this week and construction is set to kick off in the next few weeks.  The project had to be app…

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by Zak Failla
Business
New Amazon Warehouse In Hudson Valley Would Bring 800-Plus Jobs New Amazon Warehouse In Hudson Valley Would Bring 800-Plus Jobs
New Amazon Warehouse In Hudson Valley Would Bring 800-Plus Jobs Though plans to build a new Amazon headquarters in Long Island City fell by the wayside, the online retail giant may still be expanding its foothold in the state and into the Hudson Valley, bringing nearly 1,000 jobs with it. Amazon is eyeing warehouse space in Orange County, building a warehouse in Montgomery over more than 1,000,000-square feet near the intersection of Route 17K and 747, Town Supervisor Brian Maher confirmed this week. According to the retail giant, if approved, the Orange County distribution warehouse would house larger items such as furniture and outdoor equipment. It i…

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by Zak Failla
Politics
Peekskill Will Get $10 Million In State Funding For Downtown Revitalization Peekskill Will Get $10 Million In State Funding For Downtown Revitalization
Peekskill Will Get $10 Million In State Funding For Downtown Revitalization Downtown Peekskill is getting a makeover as part of the governor’s $10 million Downtown Revitalization Initiative. New York Gov. Andrew Cuomo announced that Peekskill will receive $10 million in funding as the Mid-Hudson winner of the fourth round of the initiative. The money is designed to “help communities boost their economies by transforming downtowns into vibrant neighborhoods.” Peekskill is inviting people to “Take a Peek… Discover Peekskill!,” with revitalization efforts targeting the Downtown Central Business District and waterfront Transit-Oriented Development District. While talk…

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by Zak Failla
News
State Takes Next Steps For Route 17 Expansion State Takes Next Steps For Route 17 Expansion
State Takes Next Steps For Route 17 Expansion The state Department of Transportation has officially taken the next step in the ongoing effort to improve safety and mobility along Route 17. The NYSDOT has issued a request for proposals for an engineering company to undergo a scoping and preliminary review process. The work is part of a $5 million study involving Planning and Environmental Linkage (PEL). This study includes identifying priority locations, conducting environmental assessments and starting the preliminary engineering process. Funding for the PEL was committed as part of the state’s 2018-2019 budget. “This is great news fo…

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by Valerie Musson
News
Campaign Launched To Add Third Lane To Route 17 Campaign Launched To Add Third Lane To Route 17
Campaign Launched To Add Third Lane To Route 17 A coalition of local business entities known as 17-Forward-86 has initiated a campaign in an ongoing effort to add a third lane to Route 17. Sharing the campaign’s mission on its website, 17forward86.org, the group represents diverse interests of various Sullivan County and Orange County stakeholders. “Expanding Route 17 is vital to quality of life and the economic well-being of the Hudson Valley and Sullivan Catskills,” the website states. The mission further states that the proposed expansion of Route 17 will boost the region’s economy through improved tourist access and increased c…

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by Valerie Musson
Politics
One More Try: Cuomo Begs Amazon To Bring H2Q Back To NYC One More Try: Cuomo Begs Amazon To Bring H2Q Back To NYC
One More Try: Cuomo Begs Amazon To Bring H2Q Back To NYC New York Gov. Andrew Cuomo has met with Amazon executives, including CEO Jeff Bezos, in an effort to encourage them to reconsider pulling out of a planned second headquarters in Long Island City. The online retail giant announced on Thursday, Feb. 14 that it is backpedaling out of the planned deal to construct a headquarters in New York, despite strong support from area residents. The reversal of fortune came following a vocal outcry from some politicians due to their displeasure over tax incentives. “After much thought and deliberation, we've decided not to move forward with our plans to b…

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by Zak Failla
Business
Rockland To Amazon: Come On Over Rockland To Amazon: Come On Over
Rockland To Amazon: Come On Over Won’t you be our neighbor? After Amazon’s shocking announcement that they would be scrapping plans to build a new HQ2 headquarters in Long Island City, new suitors have been lining up, attempting to court the online retailer. Rumors began circulating last week that Amazon was considering backpedaling out of their deal with New York. On Thursday, Feb. 14, the company announced that it was abandoning their plans. Hours after that announcement, Connecticut Gov. Ned Lamont said that his state was open for business. The following day, Rockland County Executive Ed Day threw his hat into the ring…

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by Zak Failla
Business
Ama-gone: Cuomo Says 'Small Group Of Politicians' Caused Collapse Of Planned H2Q Ama-gone: Cuomo Says 'Small Group Of Politicians' Caused Collapse Of Planned H2Q
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…

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by Zak Failla
Business
Most New Yorkers Support State's Deal For Amazon Second Headquarters Most New Yorkers Support State's Deal For Amazon Second Headquarters
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 …

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by Zak Failla
Business
Westchester County Association Will Merge With Hudson Valley Economic Development Corp Westchester County Association Will Merge With Hudson Valley Economic Development Corp
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 …

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by Zak Failla
Business
Surprise, Surprise: Amazon Plans To Split HQ2 Between Two Cities, One Could Be NYC, Report Says Surprise, Surprise: Amazon Plans To Split HQ2 Between Two Cities, One Could Be NYC, Report Says
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 …

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by Joe Lombardi
Lifestyle
Cashless Tolling To Go Live At Toll Barrier In Hudson Valley This Week Cashless Tolling To Go Live At Toll Barrier In Hudson Valley This Week
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…

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by Kathy Reakes
Politics
Cuomo Campaign Is Trying To Get This Molinaro TV Ad Pulled, Report Says Cuomo Campaign Is Trying To Get This Molinaro TV Ad Pulled, Report Says
Cuomo Campaign Is Trying To Get This Molinaro TV Ad Pulled, Report Says Gov. Andrew Cuomo’s re-election campaign has filed a cease-and-desist letter to television stations trying to have his Republican challenger's new ad pulled from the air, claiming it is “false, misleading and defamatory” because the news article cited does not say that Cuomo himself is being probed as part of the Crystal Run investigation. Dutchess County Executive Marc Molinaro, Cuomo's GOP opponent, unveiled the TV ad this past weekend slamming Cuomo of New Castle about corruption convictions involving some top state aides and advisers. “It is false, cheap and nasty,” Cuomo campaign spoke…

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by Jon Craig
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
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…

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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