West 010614

Page 1

YOUR ONLY SOURCE FOR REGIONAL BUSINESS NEWS | westfaironline.com

STEETS RETIRES • 2

LOFTY LIVING • 3

NEWS NOON @

Playland plan gets a boost

PAGE 11

3d ViSion

INSIDE

January 6, 2014 | VOL. 50, No. 1

Lawsuit dismissed, vote expected BY MARK LUNGARIELLO mlungariello@westfairinc.com

S

according to the fourth quarter Westchester Business Confidence Index recently released by The Business Council of Westchester. Launched by the Business Council in the fourth quarter of 2008 as its members struggled in the Great Recession, the index is designed and conducted by DataKey Consulting L.L.C. of Mount

ustainable Playland Inc. won’t opt out of its 10-year deal to manage Playland even after the county missed a deadline to finalize the agreement, a spokesman for the group said. In fact, the group is ready to move forward after months of uncertainty around a lawsuit that sought to block the contract, which envisions transforming the county-owned park from a seasonal amusement park to a year-round destination with restaurants on the boardwalk, a miniature water park and athletic fields. A state Supreme Court judge dismissed the suit last month, ruling the deal did not violate the county’s charter. Geoff Thompson, a spokesman for Ryebased Sustainable, said the group remained optimistic they’d be given the keys to Playland in time for its 2014 opening in the spring. “Having a lawsuit kind of hanging over the overall plan, that is a deterrent to investment for obvious reasons,” Thompson said. “That was an obstacle that was sort of always in the room.” Robert P. Astorino, the Republican county executive, signed a deal with Rye-based Sustainable in late July 2013 but the agreement sat in limbo in board legislative committees while its legality was challenged in court and its benefit became a debate point in county elections. Board Chairman Ken Jenkins, a Yonkers Democrat, sued and said the signing of the deal was illegal under county law, which says that any long-term lease needs the formal approval of the Board of Legislators. The deal did get the approval of the county’s Board of Acquisition

Business, page 6

Playland, page 6

Sign up now at westfaironline.com

Shai Schechter

Business climate brighter BY JOHN GOLDEN jgolden@westfairinc.com

BUSInESS OwnERS AnD EXECUTIVES in Westchester County ended the year more optimistic about the business climate for their companies than they’ve been through most of the last five years,

NEWS NOON @

Sign up now at westfaironline.com


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.