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Hudson Valley Region, June 2014

FIRM EXPANSIONS AND CONTRACTIONS

Hudson Valley Region

June 2014

New York State Department of Labor
Division of Research and Statistics
120 Bloomingdale Road, Room 218
White Plains, NY 10605
914-997-8798

This briefing provides information on firm-specific hiring and layoff announcements in the Hudson Valley. The information in this report is derived from press releases, newspapers, business journals, newsletters and other public sources. It does not include all expansions and contractions in the region – only those for which public information has been obtained. An attempt is made to present only current information – events that have recently occurred or will occur in the near future.

BUSINESS EXPANSIONS FOR THE HUDSON VALLEY REGION

Dutchess County
Catskill Hudson Bank, a Kingston-based commercial bank, is scheduled to open a new branch in Arlington at the former Key Bank office on Main Street. No job numbers were available.

Exeride, an indoor cycling and personal training studio, recently opened on Route 211 in Otisville. The studio offers fitness classes including spinning (low-impact cardio exercise on a stationary bike). No job numbers were available.

Vassar Brothers Medical Center announced plans to expand its emergency department. The $2 million expansion will include the addition of 15 bays, or treatment areas, and renovations and upgrades to the existing emergency room, main lobby and cafeteria. No job numbers were available.

Orange County
The Orange County Industrial Development Agency recently approved a number of incentives for the $900 million Competitive Power Ventures power plant project to move forward in the Town of Wawayanda. The CPV project, which is estimated to take about 2 ½ years to build, was granted tax relief in the form of a payment-in-lieu-of-taxes agreement, sales tax and mortgage tax incentives. CPV will pay $46.4 million in PILOTs over a 22-year period and save $7.5 million in sales and use taxes. The gas-fired power plant is expected to employ 400 construction workers and about 24 permanent employees when operational.

Hannaford Supermarket recently opened a new store at the former Thruway Food Market location on Oak Street in the Town of Walden. The new 35,000 square-foot store will include a full-service pharmacy, a butcher shop, seafood, bakery and deli. The store will be staffed by about 115 full and part-time employees.

Johnston's Toyota Scion dealership will open a new location at the former Ramapo Plumbing Wholesaler’s building in the Town of New Hampton. No job numbers were available.

Putnam County
Nothing to report.

Rockland County
(Update)Nylo Hotels broke grounds on June 19, 2014 on construction of its $15 million boutique hotel in Nyack. The company is converting a vacant factory building on High Avenue into a four-story loft-style hotel with 132 rooms. NYLO Nyack, the company’s sixth hotel, will feature a full-service restaurant, bar and lounge with indoor and outdoor seating, recreational pool, fitness center, library and game room, business center and approximately 4,000 square-feet of meeting space. The new hotel is expected to open in 2015. No final job numbers were available.

As part of a public/private partnership, OnForce Solar will transform a decommissioned landfill in West Nyack into a solar farm. OnForce will invest $6 million in the development and operation of the project in exchange for a 20-year power purchase agreement. The solar field, which is expected to be completed in early October, is expected to save taxpayers up to $4 million over 30 years due to the electricity being sold back to the utility grid. No job numbers were announced.

Sullivan County
Nothing to report.

Ulster County
Nothing to report.

Westchester County
As part of Choice Hotels International’s three hotels, $141 million entry into the New York market, the company is building a 130-room Cambria Suites on Main Street in downtown White Plains. The new hotel is expected to open in two months. No job numbers were available.

LodgeWorks Partners, L.P. and the Friend Development Group are building a 155-room Hyatt Place Hotel at the Cross County Shopping Center in Yonkers. The $20 million project is expected to be finished in 2015. No job numbers were available.

Eastchester-based Bilwin Development Affiliates L.L.C. plans to build a $25 million hotel in Tuckahoe. The $25 million, 163-room SpringHill Suites by Marriott will be built on Marbledale Road and will feature a 6,400 square-foot restaurant and 1,000 square-foot of meeting space. The project will create 200 temporary construction jobs and 80 permanent positions once the hotel is opened.

The Westchester Bank recently signed a lease for 1,808 square-foot of storefront space on Monger Avenue in Mount Kisko, where it will open its fourth Westchester County branch. No job numbers were available.

BUSINESS CONTRACTIONS FOR THE HUDSON VALLEY REGION

Dutchess County
Nothing to report.

Orange County
Sterling National Bank filed a WARN notice with the NYS Department of Labor on June 24, 2014 in anticipation of a layoff. Sterling will lay off ten employees at three branches in Orange County (one in Warwick, two in Woodbury and seven in Highland Mills). The bank will also lay off two employees at its Broadway location in NYC, and ten employees in Rockland County (three in Montebello and seven in Pomona). The layoffs are to occur between September 22, and November 6, 2014.

Putnam County
Nothing to report.

Rockland County
DHS Systems L.L.C. filed a WARN notice with the NYS Department of Labor on June 24, 2014 in anticipation of a mass layoff. DHS will lay off 30 employees at its Orangeburg facility in Rockland, starting July 25 and continuing in stages through September 26, 2014.

Sullivan County
Nothing to report.

Ulster County
Nothing to report.

Westchester County
Westchester’s Ridge Hill will lose one of its major restaurants in August when Brio Tuscan Grill closes, just two and a half years after opening. Bravo Brio Restaurant Group filed a WARN notice with the NYS Department of Labor on May 28, 2014 in anticipation of this mass layoff. The restaurant will close on August 28, 2014, laying off its 78 staffers.

Stop and Shop Supermarkets filed a WARN notice with the NYS Department of Labor on June 13, 2014 in anticipation of a mass layoff. Stop and Shop will close its store on East Sandford Boulevard in Mount Vernon and lay off 239 employees. The layoffs will begin on September 15, 2014, or during the 14-day period thereafter.

STRIKES AND LABOR DISPUTES

The New York State Bridge Authority, which operates five Hudson River crossings including Bear Mountain, Newburgh-Beacon, Mid-Hudson, Kingston-Rhinecliff and Rip Van Winkle Bridge, has come to terms with their employees on a new contract. About 150 workers at the New York State Bridge Authority, members of the CSEA union, agreed on a new five year pact that runs from April 1, 2012 through March 31, 2017. Under the new contract, the employees will get wage increases in three of the years: 2.75 percent on April1, 2014 plus a one-time $500 payment for full-time workers and $250 for part-timers; 2.75 percent on April 1, 2015; and 2.5 percent on April 1, 2016. The new contract also calls for a minor change in health insurance for new hires and enhancements to the existing health insurance buyout.

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