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Hudson Valley Region, March 2017

FIRM EXPANSIONS AND CONTRACTIONS

Hudson Valley Region

March 2017

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
Nothing to report.

Orange County
Nothing to report.

Putnam County
Nothing to report.

Rockland County
Orange County Bankcorp, Inc.
is scheduled to open up to four new branches in and around Rockland and Westchester counties. No job numbers were announced.

Rockland Community College is scheduled to break ground this spring on its first ever dormitory building. The $26.7 million, 324-bed facility will include classrooms, food service facilities and a fitness center. The building is scheduled to open for the fall 2018 semester. The local community college has an estimated 4,200 full-time students, of which 97 percent are from New York, but less than 20 percent are from outside Rockland County. College officials believes that having this dormitory will help recruit international students. No job numbers were announced.

Southbound BBQ, a restaurant that is a combination of barbecue and Southern comfort food recently open for business in Chestnut Ridge. No job numbers were announced.

Sullivan County
Nothing to report.

Ulster County
Nothing to report.

Westchester County
American Equity Partners 1,
a Long Island-based developer plans to convert the former AT&T building in downtown White Plains into a residential complex. The White Plains Common Council unanimously approved the project, which calls for 245 rental apartments, with 25 units designated as affordable housing. Seven maisonette duplex units will offer direct street access and a 13th floor will be added to the building and will include five penthouse units and outdoor recreation space for residents. Construction is expected to begin in about eight months. No job numbers were announced.

Hmart, a New Jersey-based grocery supermarket, is scheduled to open its 10th location in New York State, at 1789 Central Park Avenue in Yonkers. The new store features aisles of Asian food products, live fish, prepared take-home foods, three restaurants and a bakery. No job numbers were announced.

Greenwich-based Starwood Capital’s plan for a $450 million redevelopment of the United Hospital site in Port Chester is moving one step closer to reality. Starwood was recently granted the necessary zoning for the redevelopment of the 15-acre site into a mix residential, commercial and office space. The plan calls for a 135-room hotel, 217,000 sq. ft. of medical office space, 90,000 sq. ft. for retail or small restaurants, 500 residential units targeting young professionals and 230 age-restricted apartment units for people 55 and over. The project now moves into the site-plan approval process. It is estimated that the project would create 2,800 jobs.

Revenge BBQ, a barbecue restaurant serving Texas-style smoked meats and sides is scheduled to officially open on April 4, on Main Street, in Irvington. No job numbers were announced.

BUSINESS CONTRACTIONS FOR THE HUDSON VALLEY REGION

Dutchess County
Nothing to report.

Orange County
RadioShack
recently filed for Chapter 11 bankruptcy protection. The company will close 552 of its stores. The stores that are set to close are the ones with the lowest sales velocity and highest rent. Of the 45 New York stores that are slated for closure, two of them are in the Hudson Valley Region – one in Middletown and another one in Poughkeepsie.

Putnam County
Nothing to report.

Rockland County
CVS Pharmacy, Inc.
filed a WARN notice with the NYS Department of Labor on March 2, 2017 in anticipation of a mass layoff. CVS will close its store on Red School House Road in Spring Valley on May 31, 2017 and lay off 99 employees.

J.C. Penney filed a WARN notice with the NYS Department of Labor on March 16, 2017 in anticipation of a mass layoff. The retailer will close its store at the Palisades Center mall in West Nyack and lay off 89 employees. The layoff is scheduled for June 18, 2017. The West Nyack store is among the 138 stores, that the company plans to close as part of its plan to shrink its footprint as it struggles with industry challenges. Some of the affected employees will be offered transfer opportunities.

Sullivan County
Nothing to report.

Ulster County
Nothing to report.

Westchester County
Nothing to report.

STRIKES AND LABOR DISPUTES

Nothing to report.

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