March 2024

YONKERS, NY—The long-anticipated redevelopment of the Teutonia Hall site on Buena Vista Avenue here is primed to move forward following final approval of financial incentives from the Yonkers Industrial Development Agency last month. AMS Acquisitions, the developer, was approved on Feb. 29 for nearly $17.5 million for the twin-tower project, which is on the Hudson River waterfront.

MONTGOMERY, NY—A proposed project to locate a multi-building advanced manufacturing complex at the Aden Brook Commerce Park here was one of seven winners of the Focused Attraction of Shovel-Ready Tracts New York (FAST NY) grant awards geared to providing funding for shovel-ready projects.

Many companies that have submitted documentation to the Small Business Association and that have had Paycheck Protection Program loans forgiven may think they are home free. Think again. The SBA has the right for up to 10 years from the time of forgiveness to audit the documentation and challenge some, if not all, of the forgiveness if it finds the documentation lacking.

Making a Career of It Joseph Szabo Journeyman – Carpenters Local Union 279 Age: 36 Recent Employers: WD Installations, Inc. Recent Projects: Lasdon Park main house, a historic Colonial-style home. Good Samaritan Hospital and Mid-Hudson Regional Hospital. Positions & Job Titles: Project Manager/General Foreman/Finishing Carpenter Education, Training, Licenses/Certification: High School, 10-Hour OSHA, 30-Hour OSHA, 8-Hour

A roundup of what’s new and who’s in the news both locally and in the state.

Low bid news from around the state.