County Announces Its Latest Bond Was One of Most Successful Ever

Plus: future bridge repairs and the world-ranked Westchester Chordsmen.



BIZ BUZZ:
SUNNY OUTLOOK ON MORGAN STANLEY SUSTAINABILITY PROJECT

The source of years of political discord, a multi-billion dollar downtown Yonkers redevelopment deal is getting redesigned. The deal, which included waterfront apartment towers, a retail and office complex, and a new government center across from City Hall, was derailed by the recent recession and the weak economic recovery that followed. The Yonkers City Council is now crafting a plan for two waterfront towers without the participation of Valhalla-based Cappelli Enterprises. Now, Fidelco Realty Group is slated to build Palisades Point, a complex including two rental apartment towers south of the Yonkers Pier. The $100 million project will have about 325, 125 fewer than the previous plans estimated 450.

The county announced that its latest $56.9 million bond issue was, in terms of demand and price, one of the most successful ever. Recently, Westchester, the county with the highest credit rating in the state, sold two bond series, which amounted to $56,955,000. The proceeds from the bonds will help to repair roads and bridges and to improve recreational parks. The winning bids for both series were lower than the industry’s index for AAA rated municipal bonds. 

Revolving Door

The Food Bank for Westchester has welcomed April K. Langus as its new manager of communications and events. Prior to joining the Food Bank, Langus worked with Westchester area Ameriprise Financial Services, Inc., Private Wealth Advisors as their in-house marketing manager and as operations and marketing manager at Joan Lunden Productions in Armonk.

Susan Mistri will serve as senior general manager of Life Time Athletic Westchester, a fitness, recreation, and athletic resort. The facility is the Life Time Athletic's second in New York and will open early next year.

Hawthorne-based OLA Consulting Engineers, a sustainability-focused provider of building systems analysis, design, and commissioning, has promoted several Senior Engineers to Associates.

  • Jonathan Katz, P.E., C.E.M., LEED AP, is part of OLA’s Energy Engineering Services Group. He has expertise in conducting energy audits, feasibility studies, mechanical design for HVAC and energy projects, building control systems design, whole building simulations, and energy modeling of building systems.
  • Richard Joyce, P.E., LEED AP, a 10-year veteran of OLA, is part of the firm’s Mechanical Engineering Services Group. He typically designs all disciplines of mechanical engineering on his projects, including HVAC, plumbing, and fire protection.
  • Matthew Amicone, P.E. LEED AP, joined OLA as a summer intern during college, transitioning to full time after graduation in 2002. As part of the firm’s Electric Engineering Services Group, he has experience in a broad spectrum of projects, including government facilities, education, retail, medical, and office spaces.

Currently ranked the 38th best chorus in the world, the acclaimed Westchester Chordsmen chorus performed a new version of Charles Dickens classic “A Christmas Carol” in White Plains on December 7. The 60+ members of the group are Westchester-based professionals and retirees. Celebrating its 60th anniversary as a non-profit this year, the ensemble has performed at Carnegie Hall and won the Division Contest in May 2013.

KUDOS

Harrison's Dr. Kenneth Magid, D.D.S., was recently inducted into the International College of Dentists (ICD). The top 4% of the world's dentists worldwide qualify for Fellowship.

NEW BUSINESSES, RELOCATIONS, OPERATIONS

SpaChiara Wellness Center, a skincare andwellness retreat, will be celebrating the holiday with "Live Well. Give Well.," a movement to donate 10% of its proceeds to My Sisters' Place and to help the vicitims of domestic violence. Call 914.752.6850 for details.

Heading into its tenth year in business, Events To Remember (ETR) has moved to 3 North Moger Ave, Mount Kisco. On December 3, 2013, Mayor J. Michael Cindrich and Mount Kisco Chamber of Commerce President Kevin Kane hosted a ribbon-cutting ceremony welcoming the boutique.

ArtsWestchester will launch its new website, www.artswestchester.org, beginning January 13, 2014. 

HOT PROPERTIES - 914INC.'S COMMERCIAL REAL ESTATE SHOWCASE

Property: 580 White Plains Rd, Tarrytown
Brokered by: Ann K. Silver, Rand Commercial Realty, (914) 798-9144, ann.silver@randcommercial.com@randrealty.com.
Description: Office building features include a new full-service cafeteria with catering services, new computerized HVAC system, 24-hour card-access entry system, roaming
security vehicle after normal business hours and around the clock on weekends, beautifully renovated lobby, new entry plaza, and white precast pavers with marble accents.

Availability: Six spaces available, totaling 35,466 sq ft. Smallest Space: 1,879 sq ft. Largest Space: 8,603 sq ft. Rent per sq ft/year: $24.
Selling Points: Offering excellent access to I-287, I-87, Saw Mill River Parkway and high visibility from Route 119. The building is located minutes from Rockland County and New York City and is convenient to public transportation, shopping, and restaurants.
Downside: Most leases require a five- to seven-year minimum occupancy.

914 DATEBOOK – UPCOMING BUSINESS EVENTS

FRIDAY, 1/6/13

Don't Jump In, Lean In
6 - 8 pm. Ruth's Chris Steakhouse, 670 White Plains Rd, Tarrytown. $15pp PWW member, $20pp non-member. Nancy Silberkleit, CEO of Archie Comics, will be a guest speaker at this Professional Women of Westchester Networking Event. Learn how to use technology, think globally, and create your path and rise above to the level you seek for yourself! Must pre-pay to attend at professionalwomenofwestchester.com.

FRIDAY, 1/6/13

Avoid Mistakes That Could Destroy Your Business
1-3 pm. 120 Bloomingdale Rd, White Plains. Free. Hosted SCORE Mentor and AXA Financial Consultant Joseph Bernava, this seminar will discuss how to avoid the six mistakes that consistently cause businesses to fail. This workshop can help you learn from the mistakes of others in a concise, interactive, video format. It contains six modules, each of which dramatizes a critical error in planning and protecting a business, as well as the impact on the owner’s personal financial future. Register at scorewestchester.com.

FRIDAY, 1/24/13

From Garbage to Black Gold: Realizing the Value of Food Waste
8:30 am to 10:30 am. Greenburgh Public Library, Elmsford. Presented by Conservation Cafe, this program is geared towards municipal and DPW officials, restaurateurs, homeowners, gardeners, and other groups that have high food waste disposal costs, as well as those concerned about waste. This seminar will review the myths, costs, potential revenue, and approaches of large-scale food-waste composting. Learn more at www.greenburghlibrary.org.

Upcoming events should be submitted no later than Sunday, December 15th, to be considered for the December 24th edition. Please submit business-related events only; no fundraisers or consumer events.