Westchester Herald

Waterfront Deal in Yonkers

Commercial  real estate broker Paul Adler facilitated the deal.

Yonkers, NY, August 29, 2010 -- Reporter John Golden of the Westchester County Business Journal wrote “Waterfront Deal in Yonkers”, in the August 27, 2010 edition of the weekly. The opening line reads, “A Yonkers manufacturer and his development partners have acquired a prime redevelopment parcel on the city’s waterfront at a bargain price in a deal that had been cloaked in secrecy.” Read the balance of the article online. Come back to get the historical perspective revealed in "The Hezitorial" written in the February 19, 2010 edition of the Yonkers Tribune: “Brownfield Cleanup Program to Transform Yonkers Waterfront Property By Hezi Aris”.

Windmill Eatery Opens in Fleetwood

Mayor Clinton Young Cuts Ribbon at Grand Opening

Mount Vernon, NY, August 28, 2010 -- Mayor Young was present earlier this week to cut the ribbon at the grand opening of the new Windmill Eatery located at Gramatan Avenue and Grand Street (where Athena's used to be located). This long awaited restaurant fills a void that was created when Athena's closed down. The food is fantastic and some of Athena's old staff is back.

New Rochelle BID Announces New Restaurant and Business Support Program

 © 2010 Steve Bretschneider Design

Community Capital Resources, NYSERDA (New York State Energy Research and Development Authority), and Con Edison join the New Rochelle Business Improvement District in an innovative program for downtown restaurants and retail businesses.

New Rochelle, NY, August 23, 2010 -- The New Rochelle Business Improvement District (BID) announced a new BID Restaurant and Business Support Program for downtown New Rochelle. The program is designed to help downtown restaurants and stores lower their operating costs by identifying energy saving measures; get access to conservation incentives, and most importantly, for eligible businesses, obtain financing, to assist not only in implementing selected energy saving measures, but for business improvements and operating expenses as well.

New Rochelle Mayor Bramson Announces New "Deadline" for Cappelli's LeCount Square MOU By Robert Cox

 New Rochelle, NY, August 18, 2010 -- Robert Cox (pictured) of New Rochelle's Talk of the Sound reports, “On his radio show [yesterday, August 17, 2010] on WVOX-1460 AM, Mayor Noam Bramson confirmed that the City of New Rochelle has given Cappelli Enterprises a new deadline of August 20, 2010 to come into compliance with the MOU Extension approved by the New Rochelle City Council in June, 2010. The actual deadline was July 31, 2010. Read the balance of the article  >>>

Petro Real Estate Development Corp. Set to Jump Start Mt. Vernon Condo Project after Two-Year Standstill

 Mount Vernon, NY, August 17, 2010 -- Mamaroneck, New York based, Petro Real Estate Development Corporation, a leading residential and commercial real estate development firm, yesterday announced they will begin work on completing the project formerly known as The Vista at Fleetwood, a 70-unit luxury condominium in the Fleetwood section of Mt. Vernon, New York.

The group also confirmed that they have joined forces with Glenmark Partners LLC, a privately-owned real estate development and investment company focused on the production and acquisition of market-rate and affordable housing communities in the Metropolitan New York marketplace.  Glenmark Partners principals have implemented more than $1.5 billion in development and investment properties represented in more than 76 multi-family communities and mixed-use projects.

New Rochelle City Council Request Home Rule Bill on IDA

New Rochelle, NY, August 4, 2010 -- Senator and Deputy Majority Leader Jeffrey D. Klein (D-Bronx/Westchester) responded to Westchester Herald's request about the New Rochelle Home Rule Bill on the IDA wrote the following, "While I have yet to receive a letter or additional information on the specifics of this home rule request, I am happy to meet with the New Rochelle City Council to discuss the matter. In addition, I will be contacting the Mayor and the Council to determine their intent with regard to this legislation,."

Iona College Seeks Another Dormitory BY PEGGY GODFREY

NEW ROCHELLE. NY -- July 8, 2010 -- Seeking public input for their proposed l0 story, 393 bed building on Mayflower Avenue in New Rochelle, Iona College invited nearby residents to a meeting to listen to their concerns.  The people living in the neighborhood were not shy about expressing their views.  President of Iona, Brother James A. Liguori, was listening to residents and planning to present Iona's dormitory proposal at the next Council meeting (in July).  A brochure given out at the meeting titled "Economic Impact Summary 2009-2010" credited Iona College with generating $25 million "of direct spending' in the City and indirect spending  of over $52 million.  It also said "Iona College generated over 1,600 jobs within the City of New Rochelle.

Yonkers Parking Authority Debt Service Report BY YONKERS INSPECTOR GENERAL DAN SCHORR

 Read the Yonkers Tribune, June 28, 2010 editorial entitled: The Hezitorial: Yonkers City Hall Deceives City Agencies to Cover Up Mayor’s $800,000 Blunder BY HEZI ARIS for background information.

Inspector General Dan Schorr's Yonkers Parking Authority Debt Service Report

Yonkers, NY, July 1, 2010 -- This report is issued in response to Mayor Philip A. Amicone's letter dated May 6, 2010, which directed the Inspector General to "research and then recommend an appropriate course ofaction regarding the Yonkers Parking Authority's (YPA) request to amend its 1964 Master Service Agreement so that the debt service for refinancing will be guaranteed in the unlikely event of a default on the part ofthe YPA."

 Read the Yonkers Tribune, June 28, 2010 editorial entitled: The Hezitorial: Yonkers City Hall Deceives City Agencies to Cover Up Mayor’s $800,000 Blunder BY HEZI ARIS for background information.

Save Our Armory Committee Rallies Against Mayor Bramson's Attempt to Control Armory Deed BY PEGGY GODFREY

 New Rochelle, NY -- When New Rochelle Mayor Noam Bramson's end run to get control of the New Rochelle Naval Armory was discovered, the Save Our Armory (SOA) Committee jumped into action.  An emergency meeting was called by the committee when it was learned that Mayor Bramson had enlisted State legislators to change the Armory's deeded conditions.  The City of New Rochelle was deeded the Naval Armory by the State of New York in August 1997 for $1.  The deed stipulated that the premises were to be "improved and maintained" and used for public purposes, "for park, recreation, street and highway purposes, including incidental, necessary municipal business..."  Bramson's proposed bill was supported in the State legislature by Senators Jeff Klein and Suzi Oppenheimer and in the Assembly by members George Latimer and Amy Paulin.  All four claimed they had heard the problems associated with the New Rochelle Armory had been resolved locally.  When Klein learned this was not true, he immediately withdrew his support of the bill, as did the others.