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Vol. 46, # 5 | January 29, 2007

Cover Story

Heading higher
Developer looks to expand in county with 'apartment communities'
By BRYAN F. YURCAN

AvalonBay Communities Inc. -- the third-biggest apartment landlord in the nation -- is looking to build more high-rises and less “garden apartments” as well as expand its presence in the county.

Philip M. Wharton, AvalonBay’s vice president of development, offered a sneak peek at the company’s future when he spoke to members of the Westchester County Board of Realtors Commercial & Investment Division.

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Late Breaking News

Business advocate promotes Berger, worker's comp reform

By BRYAN F. YURCAN

New York already knows the solutions to most of the problems impeding economic development in the state, says Kenneth Adams, president and Chief Executive Officer of the Business Council of New York State.

Top Stories

CT group seeks to build work force with county
By ALEXANDER SOULE

After coming up short in its bid for $15 million in federal grants a year ago, The Workplace Inc. last week received a $5 million commitment from the U.S. Department of Labor to create new workforce development programs in Connecticut’s Fairfield County.

Award honors legal eagles who soar

With 9,467 lawyers practicing in Westchester, the county has no shortage of bright legal minds. And that number is expected to grow as Westchester-based firms continue expanding and Manhattan firms do more business in the county.

Lexus of Greenwich plans 2nd site in county
By ALEX PHILIPPIDIS

Lexus of Greenwich will expand west into Mount Kisco following approval by officials of plans for a new dealership in the northern Westchester village.

REIT wastes no time expanding into county
By ALEX PHILIPPIDIS

SL Green Realty Corp. didn’t wait for its Reckson office portfolio purchase to close before expanding into Westchester and Connecticut’s Fairfield counties.

Groups form health 'net' with privacy in mind
By BRYAN F. YURCAN

In the future, the familiar sight in a typical doctor’s office of rows of filing shelves filled with folders full of patient information may be nothing but a memory.

Hiilton Rye Town changing hands in 51-hotel deal
By ALEX PHILIPPIDIS

In the latest case of national owners flipping Westchester hotel properties, the Hilton Rye Town hotel in Rye Brook will change hands for the second time in four years under a $2.4 billion, 51-hotel deal between two publicly traded companies.

Developer eager to move forward
Public cites traffic, other concerns with revised GM plan
By BRYAN F. YURCAN

Lighthouse Landing, the proposed 1,250-unit mixed-use facility on the site of the former General Motors plant in Sleepy Hollow, has already been scaled down to meet concerns about traffic and density, say the developers and proponents.

Avitat soars into $9M upgraded space
By CHRISTINA OCCHIPINTI

After undergoing a 15-month, multimillion-dollar renovation aimed at transforming its hangar to a luxury space, the new Avitat Westchester facility has opened at the Westchester County Airport.