Hudson Valley Economic Development Corp. (HVEDC) in Poughkeepsie has gained another member for its Board of Directors ”“”“John Fareri, CEO of Fareri Associates LP., a commercial, industrial and residential real estate firm in Westchester County and the lower Hudson Valley and Fairfield County, Connecticut.
The company is in the final approval stages for the North 80 project, a 1.2 million-square-foot science and technology center to be created on an 80-acre site adjacent to the Westchester Medical Center, New York Medical College and the nearby headquarters complex of Regeneron Pharmaceuticals. The project will further enhance the Hudson Valley”™s growing reputation as the leading bioscience and medical technology hub in New York state and the Northeast. Phase One of the project is expected to create nearly 490,000 square of innovatively designed buildings whose tenants will bring an estimated 1,177 new jobs to Westchester County and the Mid-Hudson Valley.
A family-owned and operated company based in Greenwich, Connecticut, Fareri Associates specializes in real estate development, investment and construction.
