Westchester County Business Journal 092214

Page 1

September 22, 2014 | VOL. 50, No. 38 John Rizzo

YOUR ONLY SOURCE FOR REGIONAL BUSINESS NEWS | westfaironline.com

INSIDE

T

THE BRAIN’S TRIALS • 2

LAND BANK DIVIDEND • 23

STATE OF REAL ESTATE PAGE 5

Developer Joseph Cotter speaks at the Game Changers event in Rye.

FACES & PLACES • 35

Lowey, small businesses call for Export-Import Bank renewal BY LEIF SKODNICK lskodnick@westfairinc.com SMALL BUSINESSES LIKE ELMSFORD’S MAGNETIC ANALYSIS are paying rapt attention to the debate over the reauthorization of the Export-Import Bank of the United States. Magnetic Analysis is a manufacturer of test equipment primarily used in the automotive and energy industries to test for defects in metal tubes, pipes, and bars using electromagnetic

BOARD OF ED RED-FLAGS FASNY PLAN

principals. It exports its products all over the world — especially as much of the metalworking industry has left the United States. “We export products to just about every part of the world — the Americas, Europe, Southeast Asia, India, and China,” said Thomas Ganallo, the vice president and chief financial officer of Magnetic Analysis. The Export-Import Bank, started in 1934 under President Franklin D. Roosevelt, will vanBank, page 6

BY LEIF SKODNICK lskodnick@westfairinc.com

he White Plains Board of Education has concerns about the FrenchAmerican School of New York’s proposal to build a campus on the site of the former Ridgeway Country Club, and opponents think those concerns could be a death knell for the project. In a letter sent to White Plains Mayor Thomas Roach and the members of the White Plains Common Council and obtained by the Business Journal, the school board relayed worries over the impact of increased traffic from FASNY on the safety of students at White Plains High School. The correspondence was signed by all seven Board of Education members and interim superintendent Timothy P. Connors. “It is the unanimous opinion of the White Plains Board of Education that…the increased traffic resulting from the location of the main entrance to the proposed consolidated French American School on either North Street or Bryant Avenue would have a profoundly negative and disruptive effect on the operations of White Plains High School and the safety and welfare of our students, their families and our staff,” the letter said. Opponents of the project hope that the Board of Education’s letter will effectively end the possibility of the French-American School redeveloping the former golf course property. “The letter speaks for itself,” said John Sheehan, the president of the Gedney Association, a neighborhood group that opposes the FASNY project. “I think this application (by FASNY for a special permit) is history.” In a press release, FASNY said, “The Board’s letter sent yesterday to the White Plains Common Council stating that it is opposed to the North Street access driveway to the school showed a lack of substantive analysis of FASNY’s driveway and student FASNY, page 6


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.