Author name: niallogara

WHITE PLAINS—The $1.8-billion expansion of Regeneron Pharmaceuticals has once again put economic development activity incentivized by the Westchester County Industrial Development Agency in the billions of dollars.

ALBANY—Local government sales tax collections in New York State, fueled by growth in New York City sales taxes, totaled $23 billion in calendar year 2023, up 4.2%, or $919 million, from 2022, according to a report released Feb. 5 by New York State Comptroller Thomas P. DiNapoli.

WHITE PLAINS—A panel of real estate brokers and developers offered a candid and unvarnished assessment of Westchester County’s multifamily, industrial, medical and office markets heading into 2024.

ALBANY—In testimony provided at the New York State Joint Legislative Public Hearing on the 2024 Executive Budget on Transportation earlier this month, Putnam County Executive Kevin Byrne advocated to restore a massive $60-million cut to the Consolidated Local Street and Highway Improvement (CHIPS) program.

NEW YORK—The Real Estate Board of New York’s recently released New Building Construction Pipeline Report for the fourth quarter of 2023 states that New York City is facing a worsening shortage of rental housing.

Two years ago this month, we fulfilled an order by New York State Department of State (NYSDOS) to assume all functions and responsibilities of the Spring Valley Building Department, launching our Office of Buildings and Codes (OBC).

In our interconnected world, where the global economy relies heavily on digital infrastructure, the specter of cyber attacks looms large. Federal regulators often have said that the biggest risk to the U.S. economy is a cyber-attack.

WHITE PLAINS, NY—The City of White Plains was honored this month as a recipient of this year’s Downtown Revitalization Initiative Mid-Hudson Region and will receive $10 million in economic development funding.

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