Tag:

Economic Development

Middlesex NJ
News
$4.7M Approved For Carteret Stages $4.7M Approved For Carteret Stages
$4.7M Approved For Carteret Stages A movie production studio in Carteret got a financial boost from New Jersey through a $4.7 million state grant. It's part of a $1 billion, 10-acre redevelopment project, according to Carteret Mayor Daniel J. Reiman. The project includes a 1.2 million-square-foot movie production studio complex called "Carteret Stages." Five grants totaling $9.5 million were awarded throughout the state as part of the New Jersey Economic Development Authority's Film and Digital Media Studio Infrastructure Program. Nearly half of the state funds went to Carteret to build public access to a former brownfield …

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by Jon Craig
Yorktown
Business
3 National Retailers Moving Into Former Kmart Location In Yorktown 3 National Retailers Moving Into Former Kmart Location In Yorktown
3 National Retailers Moving Into Former Kmart Location In Yorktown 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
Mt. Kisco
Business
New Barnes & Noble Coming To Mount Kisco: Here's Where New Barnes & Noble Coming To Mount Kisco: Here's Where
New Barnes & Noble Coming To Mount Kisco: Here's Where Iconic bookstore chain Barnes & Noble will soon open a new location in Northern Westchester. The mega-bookseller has signed a lease to open a new store in the former Walgreens space at 55 South Moger Ave. in Mount Kisco, according to Beth Vetare Civitello, Co-Executive Director of the Mount Kisco Chamber of Commerce.  The 13,700-square-foot store will take the space as of Friday, Aug. 2, Vetare Civitello added.  In a statement, the Chamber of Commerce said the store's arrival would help Mount Kisco become a "hub of Northern Westchester."  "Our belief…

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by Ben Crnic
Capital District
News
These Albany County Housing Projects To Receive Portion Of $260M Fed, State Funding These Albany County Housing Projects To Receive Portion Of $260M Fed, State Funding
These Albany County 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
Ulster Sullivan
News
Sullivan County International Airport Undergoing Undergoing Upgrades, Modernization Sullivan County International Airport Undergoing Undergoing Upgrades, Modernization
Sullivan County International Airport Undergoing 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
Atlantic
News
New Details Released On $20M Upgrade For Atlantic City's Boardwalk New Details Released On $20M Upgrade For Atlantic City's Boardwalk
New Details Released On $20M Upgrade For Atlantic City's Boardwalk The most iconic part of Atlantic City is getting tens of millions of dollars in upgrades. But many millions more are needed to fully repair the Atlantic City Boardwalk. The city held a news conference on Tuesday, Mar. 12 to discuss the next steps in the major undertaking to fix up the boardwalk. Atlantic City and Asbury Park got the largest shares of the $100 million from the state's Boardwalk Preservation Fund. Each city will receive $20 million to make vital improvements to their boardwalks. The media event was also an opportunity to show off the work already being done on the board…

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by Chris Spiker
Cape May
News
Indoor Sports Complex Approved As Latest Addition To Cape May Airport Indoor Sports Complex Approved As Latest Addition To Cape May Airport
Indoor Sports Complex Approved As Latest Addition To Cape May Airport A large indoor sports complex is coming to Cape May County, featuring year-round space for sports like soccer and lacrosse. The commission for the Delaware River and Bay Authority (DRBA) unanimously approved a resolution to enter a lease agreement with Aviation Sports Complex LLC. The DRBA announced the agreement on Tuesday, Jan. 30.  The developer is planning to build an 80,000-square-foot domed facility at Cape May Airport. Aviation Sports will pay the DRBA an annual rent of $0.25 per square foot, which would be $20,000 per year. The Aviation Sports Complex at Cape May wil…

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by Chris Spiker
Southwest Dutchess
Politics
Sue Serino Sworn In As New Dutchess County Executive In Wappinger During Storm Sue Serino Sworn In As New Dutchess County Executive In Wappinger During Storm
Sue Serino Sworn In As New Dutchess County Executive In Wappinger During 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
Hudson
Business
Shake Shack Opens Second Location In Jersey City Shake Shack Opens Second Location In Jersey City
Shake Shack Opens Second Location In Jersey City Jersey City is fast becoming Shack town. Shake Shack celebrated the grand opening of its new Jersey City location at 318 Grove St. on Thursday, April 27 with a ribbon cutting ceremony and free merchandise to the first 100 customers who showed up. View this post on Instagram A post shared by Historic Downtown Jersey City (@hdsid_jc) This is the second location in Jersey City. Shake Shack has another location at Newport Centre and 14 locations throughout New Jersey. Shake Shack said its new location will create more than 100 jobs.  Downtow…

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by Sam Barron
Tarrytown-SleepyHollow
Obituaries
Former Westchester County Association Chairman, Longtime Tarrytown Resident Dies Former Westchester County Association Chairman, Longtime Tarrytown Resident Dies
Former Westchester County Association Chairman, Longtime Tarrytown Resident Dies Beloved lawyer Bill Plunkett, who served as chairman of the Westchester County Association and was also an integral part of several other important institutions, has died.  Plunkett, a longtime resident of Tarrytown, died on Sunday, April 16 at the age of 82, according to his obituary. Born in Buffalo in 1940, Plunkett graduated from Archbishop Stepinac High School in 1958 and went on to attend the College of the Holy Cross and the New York University School of Law, earning his law degree in 1965.  He then went on to start a law career and began the successful firm Plunkett …

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by Ben Crnic
Arlington
Lifestyle
This DMV Town Named Top Travel Destination In New Report This DMV Town Named Top Travel Destination In New Report
This DMV Town Named Top Travel Destination In New Report A Virginia town has been named in Good Housekeeping's 20 Best Cheap Places to Travel in 2023 list. Leesburg is the only town in Virginia to make the list, with its historic downtown being compared to "stepping into a postcard", the magazine states. “We are elated that Leesburg is being recognized as a top travel destination for those looking for a unique and exciting place to visit,” stated Economic Development Director Russell Seymour. “Leesburg is a great place to live, work, visit, and start a business.” The magazine noted Leesburg for its proximity to both Washington, DC, and the beaut…

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by Annie DeVoe
White Plains
News
New Westchester County Budget Cuts Property Tax Levy By $6M New Westchester County Budget Cuts Property Tax Levy By $6M
New Westchester County Budget Cuts Property Tax Levy By $6M The new 2023 Westchester County budget will bring some relief to checkbooks, as it cuts the county's property tax levy by $6 million, county officials said.  The new budget, unanimously passed by the Board of Legislators and signed by County Executive George Latimer on Monday, Dec. 12, totals $2.365 billion and includes Latimer's fourth property tax cut in a row, according to county officials.  In addition to tax cuts, the budget also funds the county's Department of Corrections, Public Safety, Probation and Emergency Services at the "highest level" in the county's history, county…

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by Ben Crnic
New Rochelle
Politics
'Passing The Baton': New Rochelle Mayor Won't Seek Re-Election After 16 Years In Office 'Passing The Baton': New Rochelle Mayor Won't Seek Re-Election After 16 Years In Office
'Passing The Baton': New Rochelle Mayor Won't Seek Re-Election After 16 Years In Office New Rochelle Mayor Noam Bramson, who has served the Westchester County city for around 16 years in office, has announced that he is ready to start the next chapter of his life.  In a letter to the citizens of New Rochelle from Monday, Nov. 21 titled "Passing the Baton," 52-year-old Bramson, a Democrat, said that he has decided not to run for the office in 2023, citing completion of many of the goals he set out to achieve, and a desire to seek other challenges in his life.  "I make this announcement with a deep sense of gratitude – for the partnership of colleagues in government, f…

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by Ben Crnic
Fort Lee
Business
NJ Birthplace Of Moving Motion Picture Now Has Museum, Screening Facility NJ Birthplace Of Moving Motion Picture Now Has Museum, Screening Facility
NJ Birthplace Of Moving Motion Picture Now Has Museum, Screening Facility Hollywood isn't where the motion picture industry got its start — that would be Fort Lee. And the borough finally has the Barrymore Film Center & Museum to honor that. The newly-built facility will open Friday, Oct. 21, marking the beginning of unique film programming in the region. It features a 260-seat cinema, film museum and archive — dedicated to the role Fort Lee played as the birthplace of the film industry. Fort Lee Mayor Mark Sokolich spearheaded efforts to build the BFC and ensure its success as a film center and museum, but also an economic boost for the region. C…

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by Cecilia Levine
Suffolk NY
News
Construction Begins On $27M Project To Improve Connectivity From LIE To Crooked Hill Road Construction Begins On $27M Project To Improve Connectivity From LIE To Crooked Hill Road
Construction Begins On $27M Project To Improve Connectivity From LIE To Crooked Hill Road Construction is now underway on a $27 million project to provide motorists quicker access from the Long Island Expressway to several shopping and recreation areas. On Thursday, Sept. 15, Gov. Kathy Hochul announced that the project to modify Exit 53 has begun. The goal of the project is to improve connectivity from the LIE to shopping, commerce, and recreation on and near Crooked Hill Road. The project will allow motorists to easily access several shopping areas in Commack, industrial areas in Brentwood, Deer Park, and Hauppauge, the Michael J. Grant campus of Suffolk County Community…

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by Nicole Valinote
Essex NJ
News
Lionsgate Production Studio Expected To Bring 600 Jobs To NJ's Largest City Lionsgate Production Studio Expected To Bring 600 Jobs To NJ's Largest City
Lionsgate Production Studio Expected To Bring 600 Jobs To NJ's Largest City The largest city in New Jersey is about to get some major movie attention and it's going to need a big crew to keep it afloat.  Newark Mayor Ras J. Baraka and Governor Phil Murphy recently announced that Lionsgate will be opening a brand new 12-acre TV and film complex in Newark, worth more than $125 million. The facility will be the first "purpose-built studio" in New Jersey to cater specifically for TV and film production, according to a release from Mayor Baraka. The studio is also expected to create more than 600 new jobs with priority going to Newark residents.  “Bringing a project o…

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by David Cifarelli
Hartford
Politics
Here's Why Lamont Will Be Spending A Week In Israel Here's Why Lamont Will Be Spending A Week In Israel
Here's Why Lamont Will Be Spending A Week In Israel Connecticut Gov. Ned Lamont will be traveling overseas to Isreal to lead an economic development mission. The Democratic governor announced this week that he will be part of a convoy heading to Israel, where he intends to promote Connecticut as a promising place for start-up companies and to strengthen relations overseas. 
“Part of growing Connecticut’s innovation ecosystem includes adding diverse businesses from all around the world,” Lamont said in a statement. “This is an opportunity for Connecticut to strengthen its ties with Israel and provide these innovative companies with an option …

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by Zak Failla
Armonk
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
Suffolk NY
News
Two Suffolk County Locations To Receive $10M For Downtown Revitalization Two Suffolk County Locations To Receive $10M For Downtown Revitalization
Two Suffolk County Locations To Receive $10M For Downtown Revitalization Gov. Kathy Hochul announced that two Long Island locations are set to receive $10 million each to revitalize their downtown areas. The village of Amityville and the town of Riverhead will each receive the funding in the fifth round of the Downtown Revitalization Initiative. Westbury, Hicksville, Central Islip, and Baldwin were previous recipients of the DRI awards, officials said.  "Ensuring local communities have the resources they need to thrive is critical to New York's economic resurgence," Hochul said in a statement. "Amityville and Riverhead both play important roles in the over…

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by Nicole Valinote
Mount Pleasant
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
Nassau
Lifestyle
Groundbreaking Starts For Phase 2 Of Major Mixed-Use Hub On Long Island Groundbreaking Starts For Phase 2 Of Major Mixed-Use Hub On Long Island
Groundbreaking Starts For Phase 2 Of Major Mixed-Use Hub On Long Island The second phase of construction of a $700 million major mixed-use development on Long Island is now underway. The groundbreaking for phase two of construction of the Ronkonkoma Hub in the Suffolk County town of Brookhaven took place on Wednesday, Nov. 3, according to an announcement from Gov. Kathy Hochul. State officials said the second phase will include the creation of: 388 housing units 73,000 square feet of commercial space 15,500 square feet of office space More than 1,200 parking spaces "The Ronkonkoma Hub will be a major leap forward in building New York's economy and revitalizin…

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by Nicole Valinote
Mount Pleasant
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
Nassau
News
$42M Long Island Bridge Construction Projects Completed, State Says $42M Long Island Bridge Construction Projects Completed, State Says
$42M Long Island Bridge Construction Projects Completed, State Says More than $42 million in bridge construction projects have been completed on Long Island, state officials announced. The completed construction work includes a new, wider overpass carrying Walt Whitman Road over the Long Island Expressway in Melville, and the early completion of repairs to four highway bridges. The repairs on the highway bridges will “ease travel and enhance safety along key routes for the flow of people and commerce on Long Island," Gov. Andrew Cuomo said. “New York State continues to build back better with projects of all sizes that enhance safety and facilitate commerce…

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by Zak Failla
Litchfield
News
Details Emerge On State's Deal With Indian Tribes For Sports Betting Details Emerge On State's Deal With Indian Tribes For Sports Betting
Details Emerge On State's Deal With Indian Tribes For Sports Betting Gov. Ned Lamont and Connecticut’s two federally-recognized Native American tribes have reached an agreement on sports betting and online gambling. Lamont announced on Thursday, March 18 that the Mohegan Tribe, and Mashantucket Pequot Tribe have reached an agreement that “will allow the State of Connecticut to modernize gaming options available to state residents.” The agreement is expected to generate tens of millions of dollars for the state, while “keeping Connecticut competitive with gaming currently being offered or considered in neighboring states.” As part of the agreement, the Con…

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by Zak Failla
Mount Pleasant
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
Burlington
News
New Chick-fil-A Coming To South Jersey New Chick-fil-A Coming To South Jersey
New Chick-fil-A Coming To South Jersey A popular fast-food chicken chain is expanding to a new South Jersey location. Cinnaminson township authorized an agreement last week with Delco Development LLC to build a new Chick-fil-A restaurant on Route 130 South. "Our economic development team has been actively pursuing Chick-fil-A for some time and we are fortunate to have found an outstanding partner in Delco Development so we can pursue this economic development initiative," Committeeman Ryan Horner, liaison to the township economic development committee, said in a statement. The fast food restaurant will be built  between a …

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by Jon Craig
Mount Pleasant
Politics
Mayor In Westchester Won't Seek Re-Election Mayor In Westchester Won't Seek Re-Election
Mayor In Westchester Won't Seek Re-Election A popular mayor in Westchester announced that he will not be running for re-election at the conclusion of his term later this year after serving six years as an elected official in the city. Peekskill Mayor Andre Rainey, who served four years at the helm of the city after two as a City Councilman, announced on Friday, Jan. 15 that he will not be running to keep his seat at the end of 2021. “It has been the honor of a lifetime to help build a 21st-century city that offers hope and opportunity to everyone who calls Peekskill home,” Rainey said. “At the end of this term, I will be proud to l…

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by Zak Failla
Mount Pleasant
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
Hackensack
News
Legalize It? NJ Pot Supporters First Need To Know Where To Find It On Ballot, Advocates Say Legalize It? NJ Pot Supporters First Need To Know Where To Find It On Ballot, Advocates Say
Legalize It? NJ Pot Supporters First Need To Know Where To Find It On Ballot, Advocates Say Polls show most New Jerseyans want marijuana legalized, but what Garden State voters may not know is that the question is on the back of the election ballot. A recent survey by the Stockton University Polling Institute found 66% of New Jersey respondents favoring legalized leaf. Separate polls have gotten 65% and 61% thumbs up, respectively. But those are polls, not elections. The difference: Referendum questions always go at the end of ballots, which usually leads to slimmer margins than polls. This year, the cannabis legalization question is on the back of the ballot. It’s left some a…

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by Jerry DeMarco
Hackensack
News
LEGALIZE IT? NJ Pot Supporters Need To Know Where To Find It On Ballot, Advocates Warn LEGALIZE IT? NJ Pot Supporters Need To Know Where To Find It On Ballot, Advocates Warn
Legalize IT? NJ Pot Supporters Need To Know Where To Find It On Ballot, Advocates Warn Polls show most New Jerseyans want marijuana legalized, but what Garden State voters may not know, advocates say, is that the question is on the back of the election ballot. A recent survey by the Stockton University Polling Institute found 66% of New Jersey respondents favoring legalized herb. Separate polls have gotten 65% and 61% thumbs up, respectively. But those are polls, not elections. The difference: Referendum questions always go at the end of ballots, which usually leads to slimmer margins than polls. This year, the cannabis legalization question is on the back of the ballot. …

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by Jerry DeMarco
Mount Pleasant
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