Westchester County Business News, June 9, 2015

Small apartments mean big business for Yonkers, Judge Judy mentoring program graduation, big funding for Westchester County Airport, and more local business news this week.

“Micro-Unit” Apartment Development Breaks Ground In Yonkers

The small-but-growing trend of micro units—apartments that are about the size of a hotel room—got a boost this week in Westchester with the groundbreaking of UNO in Yonkers. The $15 million construction project will rehab Building 2 at iPark Hudson (the former home of Otis Elevator) into 100 micro-units, just 400 square feet each. The apartments will boast ceilings that range from 14 to 20 feet high, as well as oversized industrial windows and open floor plans ideal for modern-day loft living. Additional building amenities will include a rooftop deck with views of the Hudson, multiple common areas and recreational rooms, and access to a virtual concierge service. “Once again, developers are realizing that our waterfront is prime real estate for the emerging millennial population in Yonkers and UNO will have that industrial and trendy vibe that so many of our young professionals are seeking,” said Mayor Mike Spano. “iPark provides a winning combination of a bustling downtown, proximity to midtown Manhattan and a spectacular building for redevelopment.” The project, which is being developed by Greenwich-based National Resources, should be complete by Spring 2016.

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Construction Begins on Rivertowns Square Development in Dobbs Ferry

Rivertowns Square, the $150 million shopping and entertainment development slated to open in Dobbs Ferry in 2016, is one step closer to being completed. Demolition on the project is finished, and construction has now begun, according to Saber Real Estate Advisors, an Armonk-based firm specializing in shopping center development in New York and Florida. 

Upon opening, Rivertowns Square will feature a hotel, restaurants, boutiques, and entertainment along with luxury apartments. The project is 80% pre-leased and confirmed tenants include Mrs. Green’s Natural Market, ULTA Beauty, Chipotle, Buddha Asian Bistro, My Gym, The Learning Experience, New York Sports Club, Starbucks, GNC, and a luxury movie theater.

County Airport Gets DOT Funding

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New York State Senators Charles E. Schumer and Kirsten Gillibrand announced on Friday that the Westchester County Airport will receive $234,000 in funding from the US Department of Transportation (DOT) for airport upgrades. The money will fund the design to rehabilitate 2,950 feet of the airport’s existing access road to maintain access to the airport.

“Keeping the Westchester County Airport in top-notch shape is critical for residents and Westchester businesses who regularly use this airport,” Schumer said. “These federal dollars will go a long way toward helping the county make much-needed upgrades to the airport’s access road.” Added Gillibrand: “This funding will help support critical infrastructure upgrades to Westchester County Airport.

Related: Behind The Scenes At Westchester County Airport

Westchester County Airport is vital economic anchor that businesses and travelers rely on every day.” The funding for repairs is part of the federal Airport Improvement Program and is administered by the DOT’s Federal Aviation Administration. The program provides grants to public agencies for the development of public-use airports across the country included in the National Plan of Integrated Airport Systems.

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Judge Judy’s Mentoring Organization Graduates 51 Westchester Women

Fifty-one promising young women and their professional female mentors were celebrated recently during the Her Honor Mentoring Graduation at the Larchmont Shore Club. Funded by Judge Judy Sheindlin, the presiding judge on the TV show Judge Judy, and developed by her daughter, Nicole Sheindlin, Her Honor Mentoring is administered by the Westchester County Office for Women, a division of County Executive Astorino’s Office, and The Mental Health Association of Westchester. Mentees were selected this year from the following high schools: Lincoln, Mamaroneck, Mount Vernon, Nellie Thornton, Saunders and White Plains.

“It is my profound wish that having had the experience of Her Honor Mentoring will help these fine young women become the heroes of their own stories,” said Judge Sheindlin. The girls were selected with the help of their school districts and received stipends for their work. They spent a minimum of four hours per week for six months with their mentor at her work site. In addition, the girls took courses on topics including budgeting money, business attire, professional expectations, healthy relationships, dining etiquette, public speaking and advocacy.

Our Westchester Home Design Awards event is June 26!

Our Wine & Food Festival returns June 4-9!

Our Wunderkinds event takes place on May 23!

Our Best of Business Ballot is open through May 15!

Our Healthcare Heroes Awards event takes place on May 9!

Our Westchester Home Builders Awards take place on April 4!

Our Diversity, Equity & Inclusion Forum is March 14!

Unveiled: A Boutique Bridal Brunch is February 25!

Our Best of Westchester Elimination Ballot is open through March 6!

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