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Efforts to develop the site dating from the early 2000s were unsuccessful due to a variety of problems such as bankruptcy, foreclosure, landslides and lawsuits.
The IDA gave final approval to an incentive package for Parkledge Preservation LLC and preliminary approvals for projects by Westhab, Erin Construction & Development Co., and 78-80 Morningside LLC.
The Yonkers Industrial Development Agency approved tax incentives for hotel construction and demolition work for downtown redevelopment.