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Yonkers $1.5 billion budget includes layoffs, tax hike

A tax hike and dozens of layoffs are part of a $1.15 billion budget unveiled by Yonkers Mayor Mike Spano. Under the budget, property taxes will increase 1.64 percent, amounting to an annual increase of $174 for a typical one-to-three family home at the median assessed value of $11,100.

Yonkers ready to scrap ‘grand idea’ for downtown

Mayor Mike Spano wants to seek new proposals for downtown redevelopment and free one developer to move ahead with waterfront residential

Old rail line could spur a Yonkers resurgence

City officials and partners want to revitalize a Yonkers neighborhood around a pedestrian trail built along a former railroad right of way.

Jobs Yonkers-bound with MTA contract

A runner-up last year, Kawasaki Rail Car in Yonkers wins an MTA contract that could add up to more than $1.8 billion and create 1,500 jobs.

Casino refinance deal is city’s boon

Empire City Casino in Yonkers refinances $325 million in debt.

City won’t require developers to build ‘green’

The city of Yonkers has adopted a green building standards for public construction projects on city-owned property, but will not require private developers to meet those standards.

SFC will build in Yonkers

The last remaining developer in a partnership picked to rebuild downtown Yonkers says all projects are on, though City Hall is sending mixed signals.

In Yonkers, downtown loans unpaid

More than half of downtown retail businesses awarded commercial loans from the city of Yonkers have defaulted.

Apartments to replace razed school

An abandoned Yonkers public school will be torn down for a $58 million apartment development on Ashburton Avenue.

One developer out, another wanted in Yonkers

Yonkers officials are seeking redevelopment proposals for an architecturally distinctive but blighted property.

Federal grants aid Yonkers renewal

The city of Yonkers and a private developer have been awarded grants to build low-income housing and transform a west side neighborhood.

Lights! Camera! Action! Yonkers!

Yonkers offers a one-stop shop for film companies at its revamped Mayor’s Office of Film & Photography.

City dumps trash relief for Yonkers BID

Yonkers Mayor Mike Spano says the city will save $300,000 a year by ending its subsidized trash removal program for downtown commercial buildings.

Developer gets IDA backing

The Yonkers Industrial Development Agency plans to back a $22 million downtown redevelopment project with tax breaks for the developer.

Rising in Yonkers, razed in Harlem

A downtown Yonkers landlord has stepped up plans to redevelop his properties while coping with a business loss in New York City.