Westchester County Business Journal 030220

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PRINT JOURNALISM: BECAUSE IT STILL MATTERS. MARCH 2, 2020 VOL. 56, No. 9

westfaironline.com

Kathleen Koster is swabbed as part of coronavirus testing.

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‘Panic, bedlam, foreboding’ FOX NEWS’ JEANINE PIRRO ROCKLAND RESIDENT RECALLS CORONAVIRUS CONCERN DURING ASIAN CRUISE

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‘DISLOCATED’ BANK EMPLOYEES

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HELPING THE KIDS

BY PETER KATZ pkatz@westfairinc.com

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hort-term commercial real estate impacts in the U.S. from the coronavirus outbreak likely will be concentrated in the hotel sector and some retail centers frequented by Chinese tourists, according to a study from the real estate services and investment firm CBRE. Coincidental with the release of CBRE’s report,

property market fundaa Hudson Valley resident mentals remain strong and told the Business Journal anticipated levels of ecoabout her experiences on a nomic growth should be Holland America cruise ship enough to sustain these conthat was blocked from dockditions, even with the effects ing at major Asian ports, of COVID-19, as anticipated while Carnival Cruise Lines, today.” Norwegian Cruise Line and TWB Loan Decision CBRE said Chinese Royal Caribbean Cruises Banner Ad travel to the U.S. accounts canceled about 40 cruises 6” w x 1.5” h for 0.16% of the U.S. Gross and changed the routes of 8-20-19 Domestic Product (GDP) and about 40 other voyages. the Chinese account for 4% While the Dow Jones of international travelers to Industrial Average fell more the U.S. It anticipated a modthan 3.5%, losing more than est reduction in demand 1,000 points on Feb. 24, the » CORONAVIRUS 6 CBRE report said, “global

RECOMMENDED HALPERN TO TRUMP FOR FEDERAL BENCH BY BILL HELTZEL bheltzel@westfairinc.com

WHITE PLAINS ATTORNEY PHILIP M. HALPERN’S posi-

tion as a federal judge got a boost from Fox News TV host Jeanine Pirro. The former Westchester County judge and district attorney who is the host of “Justice with Judge Jeanine” recommended Halpern to President Donald Trump for the post. Pirro is a staunch supporter of the president and a fierce critic

YOUR LOCAL COMMERCIAL LENDER

of Democrats. The Senate approved his nomination Feb. 12 by a 77-19 vote with New York’s Democrat senators disagreeing on whether Halpern should get the job. He received a vote of approval from U.S. Sen. Chuck Schumer and opposition by Sen. Kirsten Gillibrand. Halpern, who lives in Greenwich, Connecticut, has strong connections to Westchester. He will receive an annual salary of » HALPERN

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