Week of 06/09/2014

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YOUR ONLY SOURCE FOR REGIONAL BUSINESS NEWS | westfaironline.com

2014

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JOHN GOLDEN

INSIDE

June 9, 2014 | VOL. 50, No. 23

ABOVE THE BAR AW

8

New Rochelle issues a request for qualifications

ARDS

EIGHTH ANNUAL CEREMONY Pace Law School | June 12 FOUNDERS

BY MARK LUNGARIELLO mlungariello@westfairinc.com

Citrin Cooperman | Pace Law School | Westchester County Bar Association | Westchester County Business Journal | Westchester Women’s Bar Association

BITCOIN PIONEERS • 2

HV GOOD THINGS HAPPENING • 32

I

trucking the valley’s bounty

opers hope to break ground within a year on an approximately $90 million, 249-unit luxury apartment tower with streetfront retail space in the Fleetwood section of Mount Vernon. The 18-story, approximately 269,000-square-

var Hyden, the owner of Backstreet Gallery in New Rochelle, said his store gets less foot traffic than it did before the recession. Hyden, who is also a Democratic city councilman, said a decrease in the city’s office population has meant smaller lunchtime shopping crowds. For years, New Rochelle has sought a spark to revitalize its downtown. Hyden, who has run a business in the city for more than 20 years, said realistically a retail resurgence will have to come through mixed-use developments and an influx of young professionals. “In order to have small, upscale businesses of the type we’d all like to see, we need more people on the street,” he said. The national economy has shown signs of a rebound and interest from investors in Westchester County has returned after years of a tentative market and gun-shy developers. “I’m genuinely optimistic for the first time in a long time,” Hyden said. New Rochelle May 30, issued a Request For Qualifications (http://newrochelleny.com/index. aspx?NID=1015) seeking master developers for two development clusters – a move that if successful will be less a spark than a full solar flare for a downtown renaissance. Interested development teams can outline visions for both clusters, but must file separate plans. The first cluster centers around the New

Developers, page 6

Master, page 6

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Donna Williams packs produce for a customer at her Field Goods office in Greene County.

Developers eye Fleetwood for $90M apartment project BY JOHN GOLDEN jgolden@westfairinc.com

LOOKING TO TAP INTO THE GROWING demand for transit-oriented development in Westchester County, two New York City devel-

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