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Westchester IDA helps Citibank sell affordable housing loans

The changes are minor, Citi’s attorney stated, but will enable the bank to cash out of the funds by selling them on the secondary market.

Westchester IDA grants tax subsidies of $34.5M on $1.2B projects

Three projects are primarily residential developments that will create 1,806 rental apartments and 2,203 parking spaces.

Westchester IDA approves $1.7M subsidy for Simone medical building

Simone Development Companies plans to spend $61 million on renovating and expanding 104 Corporate Park Drive, for a pediatric medical center and cancer treatment center for adults and children.

Westchester IDA supports subsidies for $95M apartment proposal at 1133 Westchester...

The county subsidy would be supplemented by a mortgage recording tax exemption when the site is sold for a budgeted $14 million, and proposed property tax abatement from the City of White Plains totaling nearly $10.5 million over 15 years.

Westchester IDA OKs $5M in tax breaks for two White Plains...

The IDA board added a caveat to both project resolutions: The developers must meet with representatives of the building trades unions to discuss their possible involvement in the work.

Westchester IDA supports two White Plains apartment projects

The board unanimously approved lease-sublease deals with Westmoreland Lofts LLC and Saber Chauncey WP LLC.

Morris Builders says tainted title tanked Target project in Yonkers

Unbeknownst to Morris Builders, the site included a public park that had been improperly conveyed to Westchester County.

White Plains takes another swing at establishing an IDA

The city council has passed similar legislation, called a home rule request, to start up a White Plains Industrial Development Agency in 2014, 2015 and 2016.

Stamford may lure $3.8B water technology developer

Water technology company Xylem Inc. is reaping the benefits of the ongoing regional competition for company addresses.