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The New Rochelle Industrial Development Agency has amended a tax abatement deal to protect itself against the possibility that a portion of the $48 million 70 Nardozzi Place project isn’t built.
“This is one of my happier moments,” Charles B. Strome III, chairman of the city’s Industrial Development Agency, said at a meeting about plans for 70 Nardozzi Place.
Westmed will occupy two floors of the building in the approximately $35 million, 85,000-square-foot mixed-use center under construction in Yonkers.
Simone Development Cos. acquires a medical office building in Yonkers and more Westchester real estate news.