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YOUR ONLY SOURCE FOR REGIONAL BUSINESS NEWS | westfaironline.com

November 4, 2013 | VOL. 49, No. 44 BOB ROZYCKI

INSIDE

WINNERS CIRCLE • 8

HV GOOD THINGS HAPPENING • 31

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Awardees | 14 Drs. Jeffrey Sherman, Argyrios Stampas, Avraham Merav, Robert Raniolo, Robert Amler, Lawrence Faltz and Jason Carmel.

Regeneron grows econoMIc deVeLoPMent, JoBs Focus oF countY race and celebrates BY mARK LuNGARieLLo mlungariello@westfairinc.com

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obert Astorino’s 2010 swearing in as Westchester County executive was welcomed by many business leaders who viewed the county as an increasingly unfriendly place to

do business. The county, which regularly pays the highest average property taxes in the nation, saw a median tax bill of $9,945 in 2010, up 10 percent from 2009, according to U.S. Census figures. Large corporations were abandoning their sprawling office parks, enticed by other states pushing for commercial clients. As many as 10,000 privatesector jobs left Westchester in the four years prior to Astorino’s election, according to the administration. Astorino, a Republican seeking his second four-year term, said he has helped end the busi-

ness exodus, with 27,000 private-sector jobs having been added since he was elected. “It’s a place to actually settle down, do business, create jobs, expand or stay here when they were thinking of leaving,” he said. But Democrat Noam Bramson, who is looking to unseat Astorino, said the administration has handcuffed county planning and zoning departments through a downsizing of resources and has only reaped some rewards of a broader national economic recovery. Bramson said the key to more job creation is to re-strengthen county planning and zoning to encourage development by the local municipalities. “This is not mission accomplished,” he said. Bramson, who is the mayor of the city of New Rochelle, said that the county needed to encourage more shared services for local municipalities and school districts, which would reduce overall property tax bills rather than just the county por-

iT Was a groundbreaKing ceremony for a company’s approximately $100 million expansion in Westchester County that recently drew the usual assemblage of dignitaries and phalanx of cameras to the Landmark at Eastview life sciences campus. Yet the event, hosted by Regeneron Pharmaceuticals Inc., was as much a company’s rousing inward-directed celebration of its own employees, corporate culture and astonishing financial and commercial success in the last two years after a quarter-century in business. For the founding CEO of Regeneron, the state’s largest biotechnology employer and Science magazine’s top-ranked biopharmaceutical employer in the world for two consecutive years, the Oct. 28 groundbreaking served too as a timely bully pulpit from which to advocate for strong regulatory over-

County race, page 6

Regeneron, page 6

BY JoHN GoLDeN jgolden@westfairinc.com


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