Westchester County Business Journal 031119

Page 1

FIND INSIDE

AND MORE LISTS ONLINE

MARCH 11, 2019 VOL. 55, No. 10

westfaironline.com

westfaironline.com

Development opportunities may be lost due to Con Edison’s natural gas moratorium. Photo courtesy of Con Edison.

INSIDE

PAGE

4

RESTAURANT WEEK

PAGE

9

PUPPY TRAGEDY

Running out of gas? WESTCHESTER OFFICIALS CONCERNED CON ED NATURAL GAS MORATORIUM MAY IMPACT CONSTRUCTION PROJECTS BY RYAN DEFFENBAUGH rdeffenbaugh@westfairinc.com

Y

onkers officials celebrated in October when it appeared the city finally had a developer ready to build on a six-acre patch of its downtown called Chicken Island that has been vacant for decades. Now they are warning that Con Edison’s natural gas moratorium could snuff out the plan.

Yonkers Mayor Mike Spano said, “as soon as the potential developers of Chicken Island heard of the gas moratorium, they expressed to us that, unequivocally, moving ahead with this moratorium will stop their development. Period.” Developer AMS Acquisitions LLC, a Manhattan firm, agreed to buy the property from the city last year for $16 million. The real estate firm promised a plan that would

feature shopping, dining, apartment buildings and a luxury hotel for the site behind City Hall. But Chicken Island is just one of many development opportunities Westchester County elected officials fear could be lost or at least delayed during a natural gas moratorium. Con Edison says demand has outpaced its capacity to get natural gas into its lower county ser» CON ED

6

Blake Leonard, Stew Leonard Jr. and Britt Tavello Melitsanopoulos. Photo by Sebastián Flores.

PLENTY OF EMOTION EXPRESSED AT FAMILY-OWNED BUSINESS AWARDS BY KEVIN ZIMMERMAN kzimmerman@westfairinc.com TALES BOTH HUMOROUS AND POIGNANT WERE HEARD at the annual Westfair Communications FamilyOwned Business Awards on March 5, honoring more than 20 businesses from

Westchester and Fairfield counties. Some of the humor was reliably supplied by honoree Stew Leonard Jr., who took over as president and CEO of the Norwalk-based company his father founded in 1991. Recalling an instance » FOB

TrustcoBank.com | 800-670-3110

Checking that feels just like home. Home Town Free Checking puts your financial goals first.

16


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.