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B BUSINESS JJOURNAL May 12, 2014 | VOL. 50, No. 19 JohN GolDeN
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DEvElopErs to pAY $1m to EnD lEgAl chAllEngE BY JOHN GOLDEN jgolden@westfairinc.com
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GOOD THINGS HAPPENING • 16
fter a year in legal limbo and an agreement to pay out $1 million to a municipal neighbor, developers of Rivertowns Square expect to break ground before the end of this year on their approximately $150 million mixed-use development in Dobbs Ferry. The Dobbs Ferry village board of trustees last June approved site plans for the commercial and residential development on a nearly 18-acre site adjoining Chauncey Square Shopping Center near the intersection of Saw Mill River Parkway and Lawrence Street. Dobbs Ferry Capital Partners L.L.C., the managing member of Saber Dobbs Ferry L.L.C., the Armonk-based joint venture developing the project’s commercial space, in 2010 paid $5.125 million for the vacant hillside site, the former office and laboratory campus of Akzo Nobel Chemical Co. Though divided on the project’s impact on traffic and safety, Dobbs Ferry trustees in January
SPECIAL REPORT: INSURANCE • 25
FACES & PLACES • 43
Developers Corey Rabin, left, and Douglas Smolev on their Rivertowns Square property in Dobbs Ferry.
Developer, page 6
indian Point opponent seeks change from within BY JOHN GOLDEN jgolden@westfairinc.com
aTTORNeY aND PuBLiC POLiCY analyst March Gallagher took vacation time from her job as chief strategy officer at Hudson Valley Pattern for Progress to fly to Jackson, Miss. at the start of May for the annual meeting of Entergy Corp.
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shareholders. On her third attempt, the Ulster County resident had succeeded in having her resolution regarding the company’s Indian Point nuclear power plant presented to shareholders for a vote. “This is a personal matter,” said Gallagher, whose resolution to have Entergy decommission its two nuclear reactors at Indian Point was
defeated, as she had expected. “I became very concerned after Fukushima about my proximity to Indian Point.” Her home in Rosendale is 45 miles from the nuclear plant in northern Westchester County. Her insider activism was sparked three years ago by the nuclear reactor meltdowns and releasIndian Point, page 6