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ASTORINO TO RUN • 3

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Young adults fleeing county’s elite neighborhoods

JOHN GOLDEN

INSIDE

March 10, 2014 | VOL. 50, No. 10

Gold medal sets

BY maRk LuNgaRIELLo mlungariello@westfairinc.com

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Central Avenue Nissan in Yonkers, Hyundai of White Plains and White Plains Chrysler Jeep Dodge. “The sport utility business in the first two months of this year is off the charts.” Grant doesn’t expect the demand for SUVs to be a one-season phenomenon in a county hit by a series of severe storms in recent years. “I think people are going to think long and hard about living in Westchester and not having a sport utility vehicle. It’s getting really hard,”

oung educated workers are fleeing Westchester’s most exclusive neighborhoods faster than you can say “brain drain,” according to a new housing report. There is an exodus of adults ages 25 to 34 years old from the most expensive towns in Westchester and New York City’s other suburbs, according to a report from Community Housing Innovations Inc., a fair housing group. Alexander Roberts, the group’s executive director and author of the report, tied the population shift to the price of housing and lack of affordable units in the county’s more elite communities. “Think about the fact that zoning is a political and not an economic act,” Roberts wrote in a posting on westfaironline.com, the Business Journal’s website. “If left to the free market, developers would build rental apartments in Scarsdale to meet the demand.” Rye saw the fastest brain-drain pace, with 63 percent of the 25-to-34 demographic leaving the community since 2000, according to the report. Over the same period, Pound Ridge lost 58 percent, Lewisboro 54 percent and Scarsdale 52 percent. Those communities also experienced heavy losses of its 35- to 44-yearold demographic. Of the 10 communities with the largest change in that age group, all were named in a 2009 county housing discrimination settlement with the federal government. In that settlement, Westchester agreed to build or obtain 750 affordable housing units in some of its most elite – and least racially diverse –

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Young adults, page 6

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Managing partner Jacob Gendelman at blackwalnut L.L.C. in Valley Cottage.

Stormy weather drives recovering auto market BY JohN goLdEN jgolden@westfairinc.com

A STORMY WINTER Of PILING-ON SNOW and ice and slick and slushy roads mined with rim-bending potholes have driven a certain kind of weather-wary buyer to Jonathan Grant’s Central Avenue Chrysler Jeep Dodge Ram dealership in Yonkers. “I’m seeing huge demand for sport utilities – unprecedented,” said Grant, who also owns

SPECIAL: Hudson Valley news all in one section. See page 25.


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