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Jim Cavanaugh named new president and CEO of Yonkers IDA

After over three years as deputy mayor, Cavanaugh will make the transition to the IDA.

Yonkers IDA gives final OK on financial benefits for Point &...

The Yonkers Industrial Development Agency has given final approval for financial benefits for the Point & Ravine Apartments at 56 and 69 Ravine Ave....

Construction starts for $32.6M Regency on the Hudson in Yonkers

  https://youtu.be/wcs455iTOco Yonkers officials joined with representatives of Regency Apartment Ventures LLC, 56 Prospect Holdings LLC  and Kings Capital Construction for a groundbreaking ceremony on Feb....

The Marquee apartment building opens in Yonkers

Yonkers Mayor Mike Spano along with members of the City Council and officials from the Yonkers Industrial Development Authority were on hand for a...

Mayor Spano touts Yonkers Industrial Development Agency, sees development moving inland

“I don’t know how a city can even operate without one,” Yonkers Mayor Mike Spano told the Business Journal about the Yonkers Industrial Development...

Appellate court blocks Yonkers’ taking of New York City bus property

“These precious lands should not be sleeping quarters for buses,” Yonkers Mayor Mike Spano said in 2015, in announcing plans to use eminent domain to take the property.

Yonkers IDA approves $13.6 million in tax help for three apartment...

The proposed projects would create nearly 1,000 rental apartments near downtown Yonkers and 1,300 construction jobs.

Yonkers IDA program provides ‘Pathways’ to career in booming construction field

A 25-day program sponsored by the Yonkers IDA prepares students for direct entry into paid union apprenticeships in building trades that put each student on the path to become, among other careers, laborers, carpenters and electricians.

Yonkers IDA approves $21M tax break for riverfront developer Extell

Extell Development Co.'s project aims to add more than 1,000 new apartments.

Yonkers IDA creates pre-apprenticeship program for city’s young adults

The 20-day training program will run from Aug. 6 to Sept. 7.

Djonbalaj on Yonkers IDA

Henry Djonbalaj has joined the Yonkers Industrial Development Agency.

Lowe’s at Ridge Hill, craft brewery backed by Yonkers IDA

The Yonkers Industrial Development Agency recently approved tax incentives for a $35 million Lowe's home center and a new brewery on the downtown waterfront.

Casino refinance deal is city’s boon

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

IDA backs two Yonkers projects

A mixed-use redevelopment in downtown Yonkers and an apartment project get a financial boost from the city’s Industrial Development Agency.

IDA backs hotel, factory developers

The Yonkers Industrial Agency approved financial incentives to a hotel developer and a new factory owner in the city.