Latimer Signs Executive Order to Put Westchester Residents Back to Work
Plus, YMCA and Tanglewood Shopping Center sold; new real estate available in Peekskill and White Plains; and other business news.
County Executive George Latimer signs Executive Order to put Westchester residents back to work
The “Fair Chance to Work” Executive Order prohibits the County from inquiring about applicants’ past convictions during the initial application process. The legislation aims to decrease recidivism and poverty, increase income tax contributions, and increase employment. Latimer believes that eliminating residents from job consideration hurts the County workforce. “This policy expands Westchester’s workforce… and can help residents pull themselves up and provide for their families,” says Latimer. The signing of the Order took place at the Hudson Link for Higher Education headquarters, an organization that aims to provide re-entry support to incarcerated and formerly incarcerated men and women.
White Plains YMCA is selling its near century-old building
Due to rising maintenance costs, the YMCA building on Mamaroneck Ave in White Plains has been put on the market. Cynthia Rubino, president and CEO of YMCA of Central & Northern Westchester, believes that the unsustainable costs of maintaining the building, which was constructed in 1927, “would be better spent bringing vital services to our community.” The facility currently houses roughly 140 tenants, and together with county officials, the nonprofit plans to organize a housing fair in May that will allow residents to find new homes. The YMCA plans to transition into non-facility YMCA, the “Y on the Move” model, which provides services through non-YMCA locations.
CBRE releases adaptive repurposing report for Westchester County
CBRE Group, Inc., the world’s largest commercial real estate services and investment firm based on 2017 revenue, reports that the trend of adaptive repurposing — or converting older office buildings into medical, retail, or residential spaces — has had positive effects on the Westchester office market. “Adaptive repurposing has redistributed millions of square feet of office space to alternative uses,” said William Cuddy Jr., an executive vice president at CBRE’s Westchester/Fairfield office. CBRE reports that adaptive repurposing is responsible for the reversal negative trends, with available space on the decline, and asking rents on the rise.
County Executive George Latimer celebrates National Small Business Week
To celebrate National Small Business Week, County Executive George Latimer, joined by several other county politicians, visited First Village Coffee in Ossining. The shop, which is owned by Luis and Kathryn Corena, serves as a unique place to enjoy specialty coffee and teas, music, and more. Every year since 1963, National Small Business Week has recognized contributions made by small business owners across the nation. “Westchester takes pride in its major corporations, but it’s the small businesses of the County that employee a vast majority of our residents,” says Latimer. “[Luis] and his family made an investment here in Ossining. They had an idea for a business that could be successful, that employs individuals, and creates a profit.”
Pace University Celebrates the 40th Anniversary of University Health Care with New Location
Started in 1977, the University Health Center at Pace was the first nurse-managed academic health care service on a U.S. university campus. The UHC continues to act as a model for other primary care practices. The celebration will take place in two parts on April 5 at Pace University. The conference, discussing the growing role of nurse practitioners in healthcare, will take place from 2:00 p.m. to 3:30 p.m. at the Kessel Student Center, Gottesman Room. The ribbon cutting ceremony will take place at 3:45 pm at UHC’s new location at Paton House, Ground Level (Entrance 3).
Urstadt Bubble Properties acquires Tanglewood Shopping Center in Yonkers
Urstadt Biddle Properties Inc., the Greenwich-based real estate investment trust, has acquired the Yonkers Tanglewood Shopping Center on Central Park Avenue. Tanglewood, is one of the first shopping centers in lower New York, and was developed by Len Farber, a founding member of the ICSC trade organization. UBP president, William Biddle, says: “We are proud to be the recipient of its first and only trade… We are thrilled to have acquired Tanglewood.” Tanglewood will be the third Central Park Avenue shopping plaza owned by UBP.
Grand Opening of Continuum Luxury Rental Building
Continuum, a 16-story development featuring 288 luxury rental residences, opened its doors in White Plains on April 18. The development is located on 55 Bank Street, walking distance from the Metro-North train station. Brian Barry, developer of the project and Senior Vice President of LCOR, a real estate investment management and development company, says: “Continuum offers an unbeatable combination of luxury residences, full array of top quality amenities and a convenient location.” Residents can enjoy a two-story lobby with 24-concierge to the Sky Lounge, and a Club Room with a full array of entertainment options, such as a fireplace and smart TVs.
SL Green plans to sell offices for $67 million
SL Green Realty Corp. announced April 11 that it will sell its 115-117 Stevens Ave office buildings in Valhalla and Reckson Executive Park at 1-6 International Ave in Rye Brook to separate buyers. The sales total $67 million. The Stevens Ave office includes two office buildings comprising 178,000 square feet, and the Reckson Executive Park property is composed of six office buildings that make up 540,000 square feet. The company plans to use the net proceeds from its Valhalla, Rye Brook, and Manhattan purchase deals to fund a $1.5 billion stock repurchase program.
GDC celebrates the progress of Gateway Townhomes construction in Peekskill
On April 19, Peekskill Mayor Andre K. Rainey and other local officials joined Ginsburg Development Companies to celebrate the completion of the final floor and roof of the Gateway Townhomes building. “We’re honored to play a role in Peekskill’s revitalization,” says GDC Principal Martin Ginsburg. “Gateway Townhomes offers the convenience of downtown living at a reasonable price.” Located at 700 Main Street, the development includes sixteen rowhouse townhome-style condominiums with a selection of two- and three-bedroom homes ranging from 1,649 square feet to 1,915 square feet. Fourteen of the townhomes will be sold at market rate prices, starting at $325,000, and two units will be offered as affordable workforce housing.
White Plains Hospital Leads Panel Discussion on Opioid Crisis
On April 12 at White Plains High School, White Plains Hospital, joined by leaders in behavioral health, government, and law enforcement, led a panel discussion to heighten community awareness of opioid addiction. Speakers included White Plains Mayor Tom Roach and County Health Commissioner Sherita Amler, MD. With opioid-related deaths increasing fourfold from 2010-2016 in Westchester County, experts and families impacted by opioid use sought to find the proper approach to this growing epidemic.
CareMount Medical joins Next Generation Accountable Care Organization model
CareMount Medical, the largest independent multi-specialty medical group in New York State, has joined the Centers for Medicare & Medicaid Services’ (CMS) Next Generation Accountable Care Organization (ACO) Model under its managed care subsidiary, CareMount ACO. Next Generation ACOs are comprised of groups of doctors, hospitals, and other healthcare providers who deliver high-quality care while working to lower overall healthcare costs. Patients aligned to the Next Generation ACO Model will see no change to their original Medicare benefits. “CareMount Medical is one of only two Next Generation ACOs in New York State,” says Scott D. Hayworth, M.D., President and CEO of CareMount Medical. “Becoming a Next Generation ACO is an important distinction among the nation’s leading healthcare systems,”
Leake & Watts rebrands as Rising Ground
Alan Mucatel, executive director of the newly named Rising Ground, announced the name change on the steps of City Hall on April 24. “The Rising Ground name will help more people understand the scale and scope of what we do... We keep looking for more opportunities to serve,” says Board Chair José Jara. The agency was awarded a $250,000 Community Resiliency Fund grant in 2015 to rebrand the organization. Rising Ground’s operating budget nearly doubled in size from $56 million in 2009 to more than $100 million in 2018. The number of people in their various special education programs and family services grew from 5,000 to 12,000 during that same time period. Rising Ground hopes its new identity will continue to attract new donors and reach more people.
Fifteen new members appointed to Women’s Advisory Board
Westchester County Executive George Latimer has announced the appointment of fifteen new members to the Westchester County Women’s Advisory Board. One new member will be appointed from each legislative district, based on the recommendations of the Westchester County Board of Legislators. According to Robin Schlaff, Director of the Office for Women, “Westchester County’s Office for Women is unique, and is the only one of its kind in the country.” The Board hopes to represent a diverse cross-section of women from all across Westchester County.