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Hudson Valley Region, December 2014

FIRM EXPANSIONS AND CONTRACTIONS

Hudson Valley Region

December 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
MidTown Restaurant, Premium Lounge and Night Club
recently celebrated its grand-opening in the city of Poughkeepsie. The restaurant, which offers a menu with a southern flair, featuring Latin cuisine and soul food, opened on December 2014. The nightclub had opened a week earlier. The main dining area for the restaurant seats about 60 people. No job numbers were announced.

Orange County
Equilibrium Brewery,
will open a state-of-the-art craft beer brewing operations at a former meat packing building on Henry Street in Middletown. The $1.9 million project is expected to create 17 permanent jobs in the facility and another 157 temporary construction jobs. The company received $204,000 in economic funding from the state.

JCA Hotels, the company behind the plan to build a new hotel at the site of the former Wallkill Town Hall on Route 211 East, has reached a deal with Hilton Hotels & Resorts to put a four-story, 96-room Home2 Suites complex on the site. JCA Hotels bought the property for $1.6 million and will invest an additional $7 million to $10 million to build the hotel.

Putnam County
Nothing to report.

Rockland County
Merlin Entertainments Group,
the developer behind the Legoland theme park in Haverstraw, was awarded a $3.1 million grant from the Mid-Hudson REDC for the project. The $250 million theme park proposed for the 175-acre property owned by the Town of Haverstraw would potentially be followed by a Legoland water park, and a Legoland hotel. Merlin Entertainments, a British company, operates Legoland theme parks, with U.S. locations in California and Florida and overseas in Denmark, England, Germany and Malaysia.

UOVO, a Queens-based, new art storage and stewardship company paid $8.5 million for a 106,000 square-foot industrial and office building in Orangeburg. The building will be the future home of UOVO-Rockland, a long-term storage facility for art collections. No job numbers were announced.

Sullivan County
The Gaming Facility Location Board recently awarded Montreign Operating Co. L.L.C. one of three gaming licenses to open and operate a casino in New York State. Empire Resorts, which currently owns and operates Monticello Casino and Raceway in Monticello, has partnered with EPR Properties, a specialty real estate investment trust based in Kansas City, Mo. to build a casino at the former Concord Hotel site in Kiamesha Lake in Sullivan County. The $630 million, 18-story, Montreign Casino Resort, featuring 80,000 square-foot of gaming space and 391-room four star hotel, would be the center piece of a larger destination resort dubbed “Adelaar”. The latter would incorporate a family-style “non-gaming” complex, featuring a 400,000 square-foot indoor water park, a “pedestrian-friendly” 200,000 square-foot entertainment area with restaurants and specialty retail shops, and a golf course. Combined, the full Adelaar project is approximately a $1.1 billion investment. Montreign casino is expected to generate $301 million in gross gaming revenue and $103 million in gaming tax revenue annually, while creating about 1,209 full-time and 96 part-time jobs.

Ulster County
Stone Ridge Orchard
was awarded a $135,000 state grant to help expand its farm cidery and build a food hub on its 114-acre property. The project will create about 20 new jobs. The expansion, which is expected to be completed next year, will include the installation of “green” canning equipment. The food hub will have a shed farmers market, a tasting room and a community kitchen.

Sustainable Waste Power Systems, Inc., a company that provides products and services built around its patented waste-to-energy system, will begin commercializing this new, clean conversion process through manufacturing and selling small-scale, waste conversion systems with net positive economic advantages for the customer. The company is part of Start-UP NY, an initiative that helps a company expand or relocate their business to a tax-free zone in New York State. SWPS will locate in Building 22 at Tech City in the Town of Ulster and create 39 new jobs while investing $516,780.

Ulster Savings Bank will open a new branch at the Ulster Commons plaza on Ulster Avenue, in Lake Katrine. No job numbers were available.

Westchester County
Developer Westchester ALP is seeking $1.4 million in tax breaks to build The Plaza at Westchester, a $24 million assisted living facilities for low-income seniors. The complex will offer amenities similar to those offered at luxury assisted living sites, including restaurant-style dining and a beauty parlor. The project will create an estimated 110 full-time jobs, with annual salaries ranging from $20,020 to $100,000.

Dobbs Ferry Hotel L.L.C., based in Hooksett, N.H., proposed to build a $17 million, 138-room Hilton Garden Inn at the Rivertowns Square site on Livingston Avenue in Dobbs Ferry. The hotel developer was provisionally approved for about $1.4 million in sales and mortgage-tax exemptions. Construction of the hotel is scheduled to begin in the summer of 2015 with occupancy in 2016. The project is expected to create 165 temporary construction jobs and 50 full and part-time jobs once the hotel opens.

MDxpress recently opened its second urgent care center in Westchester County, in the Town of Greenburgh. The five-doctor practice, founded in 2013, opened its first urgent care center on W. Boston Post Road in Mamaroneck. The medical office provides full laboratory and digital x-ray services. No job numbers were announced.

LongHorn Steakhouse recently opened a new 6,359 square-foot restaurant at the Cross County Shopping Center in Yonkers. The new eatery is capable of seating more than 220 guests and will create approximately 80 to 100 jobs. The company operates more 470 restaurants in 40 states.

Olive Garden recently opened a new 8,334-square-foot restaurant at the Cross County Shopping Center in Yonkers. The new facility can host more than 230 guests and will create approximately 170 jobs.

The Community Builders, Inc., a non-profit developer of mixed-income housing and the Municipal Housing Authority of the city of Yonkers recently broke ground on a $27 million public housing project that will replace the Cottage Place Gardens complex. The 62,000 square-foot, LEED-certified development project at 188 Warburton Avenue, will create 51 affordable rental apartments, while creating about 100 construction jobs. The project is part of a larger effort to revitalize the Southwest section of Yonkers. The total project is comprised of six phases aimed a redeveloping the Cottage Palace Gardens public housing complex. Phase one, a $63 million development called Schoolhouse Terrace on Ashburton Avenue is scheduled to be completed in April 2015.

BUSINESS CONTRACTIONS FOR THE HUDSON VALLEY REGION

Dutchess County
Nothing to report.

Orange County
Nothing to report.

Putnam County
Nothing to report.

Rockland County
Novartis
filed a WARN notice with the NYS Department of Labor on December 9, 2014, in anticipation of laying off 22 employees, beginning in March 31, 2015.

Sullivan County
Nothing to report.

Ulster County
Nothing to report.

Westchester County
Nothing to report.

STRIKES AND LABOR DISPUTES

Tappan Zee Constructors, the builder of the new Tappan Zee Bridge, is accusing leaders of the United Brotherhood of Carpenters and Joiners of America and its two affiliates, Dockbuilders Local 1556 and Carpenters Local 279, of concocting a “back-room” deal to squeeze an extra $7 million out the project for their members. The ongoing legal battle stems over which trade has jurisdiction over certain work on the bridge’s foundation. Under the union’s plan, costs would be $7.3 million higher because workers would earn the Dockbuilders’ hourly wage and benefit rate of $92.47, which is $22 an hour more that the carpenters’ compensation.

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