Westchester County Business Journal 060115

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2 | THE OTHER WESTCHESTER AVE. JUNE 1, 2015 | VOL. 51, No. 22

23 | DOWNTOWN REBOUND

YOUR ONLY SOURCE FOR REGIONAL BUSINESS NEWS

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Senate supports permanent tax cap

Hospital makes history

BUT LOCAL OFFICIALS DECRY THE LIMIT

BY COLLEEN WILSON cwilson@westfairinc.com

... page 28

sweeping

THE NEW YORK STATE SENATE passed a bill in May that would extend a limit on property taxes levied by school districts and municipalities, but local government officials in Westchester have voiced concerns about paying for critical projects while abiding by the cap. The legislation would make permanent a law signed by Gov. Andrew M. Cuomo in his first year in office in 2011 that is set to expire in 2016. The law has kept property taxes from increasing more than 2 percent annually or above the rate of inflation, whichever is lower. The Senate sent the bill to the Assembly Ways and Means Committee, where it will be considered and could be voted on in the coming weeks. However, the

2015 legislative session ends June 17, and if it doesn’t get voted on before then, bill S5597 would have to be reintroduced next year. A person in the office of Assemblyman Herman D. Farrell Jr., a New York City Democrat and chairman of the Ways and Means Committee, said it is too soon to tell if the Assembly will vote on the legislation. The tax cap can be overridden by local governments and fiscally independent school districts with a 60 percent majority vote. Bronxville Mayor Mary Marvin said in an email that the village board of trustees votes to override the cap every year “on principle” to show its support for local government. The tax cap, she wrote, is a “political ploy to advance the » TAX CAP, page 6

Westchester practice joins Boston Children’s network BY JOHN GOLDEN jgolden@westfairinc.com

THE SURGE IN REGIONAL HEALTH care networks and partnerships has washed across state borders with a deal that will make a group medical practice in Westchester a corporate affiliate and part of the community care network of Boston Children’s Hospital. The affiliation with the 276-doctor Children’s & Women’s Physicians of Westchester LLP is the first formed by Boston Children’s Hospital out-

side Massachusetts, said a spokesman for the 395-bed academic medical center. The primary teaching hospital of Harvard Medical School, Boston Children’s was named the number-one pediatric hospital in the U.S. for 2014-15 by U.S. News & World Report. “While Boston Children’s has long served patients and families from the tristate area, the affiliation with CWPW will enable us to better serve pediatric patients, who require highly complex care, through improved inte-

gration,” Sandra L. Fenwick, president and CEO of Boston Children’s Hospital, said after the deal was reached in May. “We look forward to building relationships with the clinicians from CWPW as we work together to build the leading pediatric network in the northeast for children and families across the region.” The affiliation deal with the Boston hospital, expected to close in July, will not alter the » CHILDREN’S CARE, page 6

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