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Hudson Valley Region, March 2015

FIRM EXPANSIONS AND CONTRACTIONS

Hudson Valley Region

March 2015

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
Nothing to report.

Orange County
The owners of the Frozen Ropes complex in Chester will create a sports facility called “Warwick Yard” at the former Mid-Orange Correctional facility in the Town of Warwick. The Industrial Development Agency granted the company a 10-year payment in lieu of taxes (PILOT), and a sales tax exemption on the purchase of construction materials for the project. No job numbers were announced.

The Village of Goshen’s Planning Board recently granted conditional approval to Kikkerfrosch L.L.C. to build a brewery on Route 17M. It is estimated that the brewery will create at least 80 jobs.

Putnam County
Nothing to report.

Rockland County
Nothing to report.

Sullivan County
The owners of the Nevele Hotel property in Ellenville announced plans to redevelop the iconic resort into a $100 million world-class destination sports facility. The project would include 750 video lottery terminals, synthetic turf fields, indoor aquatics center and a full array of technology to attract talented amateur athletes from the metropolitan area and upstate New York. Nevele would still need approval from the State in order to operate the VLTs. The company believes that those video terminals would be necessary in order to make the venue successful.

Ulster County
Nothing to report.

Westchester County
MacQuesten Development
is spearheading a $31.5 million, affordable housing project at 130 Mount Vernon Avenue in Mount Vernon. The 11-story complex, known as The Modern, will be built a block away from the Mount Vernon West Metro-North train station. It will include 80 affordable rental apartments and the ground floor would incorporate a retail component, as well as 9,300 square feet of space that will be set asides for offices and community space. The project, part of the transit oriented renewal of the downtown Mount Vernon corridor, is expected to create more than 200 temporary construction jobs and more than 100 permanent jobs. The city hopes that this project will help transform a gritty industrial and commercial area into a mixed-use residential neighborhood.

The City of Mount Vernon and Grace Community Development Corporation recently held a groundbreaking ceremony for the Grace Terrace affordable housing development for seniors at 125 S. Fifth Avenue. Grace Terrace will bring a total of 283 housing units (with 150 for seniors) to the city. The first phase of the project will be the construction of a 67-unit affordable housing development for seniors which will be ready for occupancy in June, 2016. The $18.6 million project is expected to create a total of 252 construction jobs, four full-time and two part-time positions.

Simone Development Cos., will spend $35 million to restore and expand the historic Boyce Thompson building into an 85,000 square-foot mixed-use redevelopment complex. The developer’s planned 20-month construction project will restore the original character of the Georgian revival building, while adding a two-story, 18,000 square-foot building to the south end of the existing structure. No job numbers were announced.

White Plains Hospital has recently signed a lease for a 50,000 square-foot office building on East Post Road. The hospital will relocate about 150 back office administrative workers, including its finance operations, medical records, public relations and development staff. Post Road associates, the owner of the building, will undertake a $6 million renovation of the facility. The Westchester Industrial Development Agency granted Post Road Associates $329,250 in tax benefits. It is estimated that the project will create 50 temporary construction jobs and 200 permanent jobs.

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 Pharmaceuticals
filed a WARN notice with the NYS Department of Labor, in anticipation of a mass layoff. The pharmaceutical giant will lay off 89 workers at its plant in Suffern, in preparation for the plant’s closure in 2016. The layoffs will occur over a 14-day period, beginning June 30, 2015. The Swiss-based company announced last year that it would eliminate or transfer its 525 employee workforce at the plant, demolish the facility and sell the property by 2017.

Sullivan County
Nothing to report.

Ulster County
Nothing to report.

Westchester County
Phoenix House Westchester Academy
filed a WARN notice with the NYS Department of Labor, in anticipation of a mass layoff. Phoenix House will close its facility on Stoney Street in Shrub Oak and lay off about 56 employees. The layoffs will occur on or about June 3, 2015.

STRIKES AND LABOR DISPUTES

Nothing to report.

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