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Tax relief, financing and other tools supported $604 million in private investment and helped create or retain about 2,179 jobs last year.
Pressed to secure a contractor in the region’s resurgent construction market, White Plains Hospital officials are moving ahead one year early on the second phase of an estimated $75 million to $80 million renovation and expansion project at the 120-year-old hospital.
Westchester’s Local Development Corporation formally approved four projects totaling $128 million.
The Westchester County Association is joining with other business, labor and nonprofit organizations calling for the Board of Legislators to formally approve a Local Development Corporation.
Employment in the state’s public authority system fell 10 percent from its peak in 2009 to 2011, according to a report from the Albany Times-Union.
County Executive Rob Astorino has been able to go around the Democratic-controlled Board of Legislators when it comes to his proposal for a local development corporation.
Local development corporations fill a financing gap even as they raise concerns at a state oversight agency.