Westchester County Business Journal
Westchester County Local Jobs
Vol. 46, # 30 | July 23, 2007
 
Cover Story
  
 

Winston Churchill was once said to have remarked that golf is "a game whose aim is to hit a very small ball into an even smaller hole, with weapons singularly ill-designed for the purpose."

And while the weapons still may not have changed since Churchill's
..

 

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Albany stalls
NYC traffic pricing plan for more study
By JOHN GOLDEN
State legislators on Thursday passed legislation that keeps alive for eight months New York City Mayor Michael Bloomberg’s congestion pricing proposal but does not give a quick green light to the mayor’s plan to charge auto commuters $8 and trucks $21 to drive below 86th Street in Manhattan.

 
 
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Developer Louis R. Cappelli, a recent proponent of "smart growth" that yokes development with downtown mass transit hubs, will forge ahead this year with plans to build large-scale office space near a commuter station to lure tenants from Manhattan.

 

 

Housing costs are increasing, but wages aren't keeping up. The biggest growth in new jobs is in relatively low-paying sectors, such as retail, resulting in a greater proportion of lower-paying jobs. Job growth is slowing down, at rates that are below the average for both the U.S. and the state.

 

 

 

Their office building in White Plains is not near the Metro-North train station, where rental rates and commercial property values are especially climbing. Still, the new owners of Westchester One in the city's central business district expect to reap the benefits too of companies' migration from Manhattan.

 

 

 

The first class "A" office space to be constructed in northern Westchester County in decades is one step closer to becoming a reality atop a one-time landfill.

 

 

 

The city of Peekskill is suing a developer for the return of former city-owned property.

 

 

 

The information technology job market for Westchester was strong in the second quarter, notably for computer scientists.

 

 

 

The Yonkers Industrial Development Agency board this month gave its backing and tax breaks that currently amount to $11.5 million to a redevelopment project at one of the nation's oldest shopping malls and to one of two hotels slated for construction this fall in the city.

 

 

 

Mount Vernon, which has long harbored plans to redevelop its downtown area by the Metro-North Mount Vernon East train station, is promising that those plans are closer to reality than ever before.

 

 

 

Verizon Communications Inc. will expand its fiber-optics reach in Westchester County this year following the recent approval of a cable television franchise agreement in the city of Yonkers.

 

 

 

U.S. Rep. John Hall, D-19th District, recently introduced legislation in the House of Representatives that would give small businesses in the U.S. new tools to expand and benefit from exports and increased international trade.

 

 

 

Creating interest and demand in a product that won't be available in the U.S. until next year, an automaker is teasing the public with a national road show that made a pit stop in the area last week.

 

 

 

A former New Rochelle company is disputing a report issued earlier this month by the National Transportation Safety Board (NTSB) that states it played a role in the collapse of an Interstate 90 connector tunnel in Boston.

 

 

 

Ridgewood Savings Bank has announced the completion of its acquisition of City & Suburban Financial Corp. and its subsidiary City & Suburban Federal Savings Bank, based in Yonkers. The transaction previously received approval from both the New York State Banking Department and Federal Deposit Insurance Corp.

 

 

 

Arguably the most prominent transportation issue in Westchester County and the Hudson Valley during the first part of 2007 has been what to do with the Tappan Zee Bridge.

 
   
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