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The $1 million that was raised broke all previous fundraising records for the March of Dimes Real Estate Awards Breakfast, which was held for the 34th year on Nov. 4.
Company president Rella Fogliano said she was “thrilled beyond belief” to have the opportunity to change the city’s skyline.
Whoever wins the development rights may not disrupt fire department operations and must relocate the station.
What differentiated them was timing and certainty.
MacQuesten Development asked the city’s IDA to exempt it from $1.6 million in sales and use taxes and to abate property taxes for 30 years on a project at the Mount Vernon West train station.
Along with the new board members, Anthony Justic was re-elected chairman, James Schutzer was elected treasurer and Glenn Pacchiana was elected secretary.