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Hudson Valley Region, April 2017

FIRM EXPANSIONS AND CONTRACTIONS

Hudson Valley Region

April 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
The Amsterdam
, a farm-to-table restaurant, will open in Rhinebeck. The restaurant will be located inside a circa-1800 Dutch colonial home commonly referred to as Asher House. No job numbers were announced.

Orange County
Developer Chetan Patel plans to build a Marriott hotel on Tower Drive in the Town of Wallkill. The Orange County IDA recently granted the developer 18 month of sales and mortgage-recording tax breaks, totaling about $900,000. Construction on the $19 million, 87,000 sq. ft. hotel is scheduled to begin in early summer. Once in operation, the hotel will employ nearly 30 workers, including five managers, six administrative support positions and 17 front-line staff members.

Diamond Properties, based in Mount Kisco NY plans to turn the former Orange County Choppers building into a go-kart manufacturing and entertainment complex, with an indoor track, an arcade and laser tag. Diamond purchased the property last year at an auction for $2.4 million. They have entered into a joint venture with Orange County Choppers to manufacture electric go-karts under the American Karting Co. brand.

Islandia-based Farrell Building Co. Inc. plans to build a 164-unit apartment complex in the Town of Newburgh. The complex dubbed “Gardnertown Commons” will be built on a 20-acre former apple orchard and it will feature nine buildings containing one – and two-bedroom apartments, with 20 of them set aside for seniors. The project was recently granted site-plan approval by the Town of Newburgh’s planning board. A starting date for the construction of the project has not yet been announced.

Norwegian Airlines will soon begin European flights at Stewart Airport. The airliner will begin flights to Edinburgh, Scotland on June 15, followed by July 1 service to Dublin and Shannon Ireland and Belfast, Northern Ireland. On July 2, service will commence to Bergen Airport Flesland in Norway. The airport is looking to hire bus drivers, ramp handlers, and a host of other functions to satisfy the needs of Norwegian Airlines and others.

Putnam County
Nothing to report.

Rockland County
Nothing to report.

Sullivan County
Nothing to report.

Ulster County
Kuhl Solar
proposed to build a large-scale solar energy system at 260 Upper Road in the Town of Mamakating. When operational, the two-megawatt facility would provide power to about 300 to 500 homes with a cost savings of 12 to 18 percent of their current rates. Construction would take between three and six months and would involve between 20 and 40 crew members.

Westchester County
Alma Realty Corp.,
a Long Island City-based developer with residential, commercial and warehouse properties across New York and New Jersey, plans to construct a $28 million residential complex on the former School 19 property in Yonkers. The plan calls for a 128-unit, eight-story building, featuring 24 studio, 64 one-bedroom and 40 two-bedroom units and 170 parking spaces. An estimated 150 jobs will be created during the construction phase. The Yonkers IDA recently granted the company a $360,000 mortgage tax exemption, and an $830,000 sales tax exemption on materials used in the construction of the facility.

Orthopaedic & Neurosurgery Specialists PC, a medical practice of 24 specialized physicians based in Greenwich, CT. will open its first Westchester office. ONS signed an 11-year lease for 15,425 sq. ft. of office space at 500 Mamaroneck Avenue, in Harrison. The medical office will invest $2 million to build out the office to include 14 exam rooms, digital X-ray and ultrasound space and a physical therapy center. No job numbers were announced.

Purchase-based developer Stagg Group’s plans to build a 170,000 sq. ft. complex in Yonkers is one step closer to reality. The developer was recently given the green light to move forward on the construction of a $35 million apartment building along Bronx River Road. The Yonkers City Council approved rezoning of 705 Bronx River Road from commercial to residential, which will allow the developer to move forward with its plan for a nine-story, 160-unit rental apartment complex on the property. No job numbers were announced.

BUSINESS CONTRACTIONS FOR THE HUDSON VALLEY REGION

Dutchess County
GlobalFoundries
in a cost-and-expense reduction move, is offering early retirement packages to some longtime employees at its U.S. semiconductor manufacturing plants, including the East Fishkill location (formerly IBM) where they employ an estimated 1,750 employees. The cost-cutting moves are attributed to increasing competition in the semiconductor industry and some delayed orders from clients. The incentives are also offered at plants in Burlington, VT, and Malta, NY. The voluntary program is targeting support roles – sales, administrative, information technology and finance. Also included are the operators who work on the fab floor. Engineers and maintenance technicians are not targeted.

Orange County
Nothing to report.

Putnam County
Nothing to report.

Rockland County
Kellogg Snacks Orangeburg Distribution Center
filed a WARN notice with the NYS Dept. of Labor on April 6, 2017 in anticipation of a mass layoff. The distribution center will lay off 25 employees over a 14-day period between July 8 and July 21, 2017 for hourly employees and August 8 through August 21, 2017 for salaried employees.

Sullivan County
Nothing to report.

Ulster County
First Student, Inc.
filed a WARN notice with the NYS Dept. of Labor on April 1, 2017 in anticipation of a mass layoff. The company lost the Valley Central District (Orange County) and Wallkill School District (Ulster County) contracts. Effective on or about June 30, 2017, First Student will close their two village of Wallkill locations. East End Bus Company was awarded the new contracts and will begin serving the districts on July 1, 2017.

Hurley Ridge Market filed a WARN notice with the NYS Dept. of Labor on April 20, 2017 in anticipation of a mass layoff. The company will lay off 60 employees on July 20, 2017. The supermarket was acquired by HR Market LLC.

Westchester County
Payless Inc.
recently filed for Chapter11 bankruptcy protection. As part of the financial and operational restructuring, the discount shoe chain plans to immediately close 400 stores in the U.S. and Puerto Rico. There are 22 stores in New York that are slated for closure, including two in the Hudson Valley Region – one at Harriman Commons in Monroe (Orange County) and another one at the Yorktown Green Shopping Center in Yorktown Heights (Westchester County).

Rue21 a teen clothing chain is closing nearly 400 stores across the country, including the one at The Galleria at White Plains. The retailer also plans to close several stores on Long Island.

STRIKES AND LABOR DISPUTES

Nothing to report.

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