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Hudson Valley Region, November 2015

FIRM EXPANSIONS AND CONTRACTIONS

Hudson Valley Region

November 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
Crystal Run Healthcare
recently celebrated the groundbreaking for its new 70,000 square-foot medical center in Monroe. Crystal Run operates more than 30 medical facilities in the Hudson Valley and lower Catskill region. The medical care provider is also building a 70,000 square-foot facility in West Nyack in Rockland County. The company plans to hire 250 employees at the new facility in Orange County.

Orange County is one of two areas in the running for a Legoland Resort , according to County Executive Steven Neuhaus. County officials have been in constant communications with the Legoland representatives and are hopeful at landing the theme park. The project is expected to generate several hundred job opportunities both in construction and when the facility is operational.

Putnam County
Nothing to report.

Rockland County
Nothing to report.

Sullivan County
Nothing to report.

Ulster County
Nothing to report.

Westchester County
Comrie Enterprises, L.L.C.
plan to build a multi-million dollar mixed-use complex at 20 S Second Avenue in Mount Vernon. The estimated $100 million project, dubbed “Library Square” will include 249 units, with retail and community spaces. The developer is still waiting for approval from the city’s zoning, planning and architectural review board. No job numbers were announced.

Costco has recently been granted approval by the Yorktown town Planning Board for its proposed store on Crompond Road. The 151,000 square-foot store will be constructed on the site of a former hotel nestled between the Taconic State Parkway and the Bear Mountain Parkway extension. The plan for the store was first proposed in 2009, but faced opposition from the community and the site’s previous owner. The Yorktown location will be the membership-only warehouse retailer’s 4th store in Westchester County when it opens in 2016. Costco maintains stores in Yonkers, New Rochelle and Port Chester. The big-box retailer also has a store in Nanuet in Rockland County.

Harrison Playhouse Lofts Apartment Complex, a luxury apartment proposal targeted for millennials and empty-nesters, is scheduled to go up at the former site of Harrison Cinema in Harrison. The $18 million project will feature a six-story, mixed-use facility with retail on the ground floor and 42 residential units above, along with a 52-space underground parking garage. No job numbers were announced.

Lowe’s will open its first store in Westchester County at the Ridge Hill shopping center in Yonkers. The home improvement chain was recently issued a site-work permit for clearing and preparing the five-acre parcel for the new store. Lowe’s would still need another permit to actually start construction of the building. The North Carolina-based home improvement and appliance company currently operates two Rockland County stores - in Nanuet and in Clarkstown. Although no job numbers were announced, a typical Lowe’s store employs between 120 to 150 employees.

Modell’s Sporting Goods plans to open a new store on E. Main Street at the former site of a Borders Books and Music store in Mount Kisco. No job numbers were announced.

Regeneron Pharmaceuticals announced plans to invest $150 million to expand its facility at the Landmark at Eastview in Mount Pleasant and create 300 new jobs. The pharmaceutical giant recently celebrated the completion of a previous expansion that added two new buildings with lab and office space to the company’s headquarters. Empire State Development will provide $5 million in additional tax credits for the upcoming expansion, which will include 192,000 square feet of lab and office space and a 400-space parking garage.

VillaBXV, a $60 million, 54-unit condominium building, is scheduled to go up in Bronxville. The Mediterranean style facility will feature a 24-hour concierge, a fitness center, an outdoor garden and rooftop terraces. The condos will include one, two and three-bedroom units and penthouses that will run from $1 million to $3.6 million. No job numbers were available.

BUSINESS CONTRACTIONS FOR THE HUDSON VALLEY REGION

Dutchess County
Nothing to report.

Orange County
Nothing to report.

Putnam County
Nothing to report.

Rockland County
Nothing to report.

Sullivan County
Nothing to report.

Ulster County
Nothing to report.

Westchester County
New York Life Insurance Company
filed a WARN notice with the NYS Department of Labor on November 10, 2015 in anticipation of a mass layoff. The company will lay off 23 employees at its Sleepy Hollow office between March 4 and September 23, 2016.

Pepsico laid off several employees at its offices in Westchester County but unfortunately no information has been released as to the total number of layoffs or the location.

Sodexo, Inc. filed a WARN notice with the NYS Department of Labor in anticipation of a mass layoff. The company will lay off 38 employees at its dining services at Catholic Foreign Mission in Maryknoll. The layoffs will occur on January 15, 2016.

Touchstone Health HMO will wind down operations at the end of the year, ending coverage for more than 10,000 members. The White Plains insurer informed its members in NYC and Westchester and Orange Counties that they were no longer enrolled, beginning January 1, 2016. No job numbers were announced.

STRIKES AND LABOR DISPUTES

Nothing to report.

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