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Hudson Valley Region, May 2014

FIRM EXPANSIONS AND CONTRACTIONS

Hudson Valley Region

May 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
Church Hill Properties announced plans to build a 109,000 square-foot hotel in Highland Falls. The new hotel would have 120 guest rooms and a restaurant. The project will create an estimated 100 new constructions jobs and 60 permanent positions once it opens.

(Update) Taylor Biomass is ready to launch its project consisting of recycling and creating natural gas as a renewable energy source. The company is waiting to hear from Washington about federal loan guarantees so that it can begin construction on its waste-to-energy facility in the Town of Montgomery. Taylor Biomass has already received final approval from the Town Board for the project’s site plan. The gasification system will generate 21 megawatts of electricity when completed, enough to power 23,000 homes. It is estimated that the project will generate $384.4 million in economic impact, as well as 82 permanent jobs and 318 temporary construction jobs over the next 18 months.

Orange County
Nothing to report.

Putnam County
Nothing to report.

Rockland County
Nothing to report.

Sullivan County
Nothing to report.

Ulster County
Nothing to report.

Westchester County
Alfred Weissman Real Estate, L.L.C., a Rye-based real estate investment and development company, announced plans to build a $15 million, 150-room hotel on Tuckahoe Road in Yonkers (Westchester County). The company recently gained support for the project from the Yonkers Industrial Development Agency board, which approved approximately $923,000 in mortgage and sales tax exemptions and agreed to negotiate property tax abatement for the development. It is estimated that the project would create 50 permanent jobs, ranging in pay from $20,000 to $100,000 annually, as well as 200 temporary construction jobs.

Ginsburg Development Cos., will hold a groundbreaking ceremony on June 11 for the official start of Harbor Square - a proposed 188-unit luxury apartment building and 5,000 square-foot restaurant on the Ossining waterfront. The $40 million project comes about nine years after Ginsburg Development formed a joint venture with Cappelli Enterprises for a mixed-use luxury condominium on the Hudson River site, near the Ossining Metro-North train station. The project was halted during the recession of 2008. Cappelli later withdrew from the venture and Ginsburg revived the project in 2012. No job numbers were announced.

Hindu Temple of Tristates recently got approval from city of White Plains officials to build a 15,000 square-foot temple on Bryant Avenue. The two-story building will cost between $1.5 and $2 million. No job numbers were available.

Iona College recently opened a new health care analytics center where it hopes to teach MBA students the analytics skills needed to secure management jobs at hospitals and other health institutions. No job numbers were available.

OZ Moving and Storage Inc. announced plans to consolidate its metropolitan operations in Yonkers and bring about 150 jobs to the city. The company will pay $9.5 million to acquire a building on Nepperhan Avenue and move 100 existing jobs from its two facilities in the Bronx and Manhattan, to the new facility, while hiring an additional 50 employees. The new Yonkers facility will serve at the company’s headquarters. OZ will spend $950,000 to renovate the 155,000 square-foot industrial building. The Yonkers Industrial Development Agency tentatively approved a $171,000 mortgage tax exemption for the project, as well as $26,000 in sales tax exemptions on materials used in construction. The IDA is negotiating a property tax abatement agreement with the company.

The Children’s Place will open a new 3,000 square-foot apparel store this summer at the Ridge Hill shopping complex in Yonkers. The specialty playwear retailer is scheduled to open in July 2014. The company operates more than 1,000 stores nationwide. No job numbers were available.

Construction recently started on the $20 million addition to White Plains Hospital. The new 38,000-square-foot medical office and patient services building will double the size of the hospital’s cancer treatment program. Linked on three levels to the existing 15-year old cancer center, the new building will give the 292-bed community hospital approximately 70,000 square-feet of space dedicated to cancer care. The Dickstein Center is already one of the largest free-standing cancer treatment centers in the country. The new facility is scheduled to open in the fall of 2015.

Whole Foods Market announced plans to open another store in Westchester County. The nation’s leading natural and organic food retailer recently signed a lease to open its fourth store in the county at Chappaqua Crossing in the Town of New Castle. The 40,000 square-foot store will be the anchor in a traditional neighborhood retail center that is planned for a sector of the former Reader’s Digest property. Whole Foods currently operates 14 stores in New York, including three in Westchester: White Plains, Port Chester and Yonkers. The company will also open a new store next month in Albany.

BUSINESS CONTRACTIONS FOR THE HUDSON VALLEY REGION

Dutchess County
Nothing to report.

Orange County
Nothing to report.

Putnam County
Nothing to report.

Rockland County
Southwire Company, LLC., a building wire and cable manufacturer, filed a WARN notice with the NYS Department of Labor on April 30, 2014 in anticipation of a mass layoff. The company will lay off about 194 employees at its Blauvelt facility in the Town of Orangetown. The layoffs are expected to begin during a 3 month period between July 1, 2014 and September 30, 2104.

Sullivan County
Nothing to report.

Ulster County
SOURCECORP BPS Inc. , recently filed a WARN notice with the NYS Department of Labor in anticipation of a mass layoff. The company will close its office in Kingston on August 4, 2014 and lay off 53 employees.

Westchester County
Nothing to report.

STRIKES AND LABOR DISPUTES

Nothing to report.

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