Westchester County Business Journal 112017

Page 1

2 | GONE HOLLYWOOD NOVEMBER 20, 2017 | VOL. 53, No. 47

21 |EXCELSIOR DEBUT westfaironline.com

YOUR ONLY SOURCE FOR REGIONAL BUSINESS NEWS

Greenburgh OKs Regeneron’s planned 1 million-square-foot expansion

Thanksgiving a day of labor for some BY ALEESIA FORNI aforni@westfariinc.com

T

adjoins the company’s headquarters at The Landmark at Eastview. The parcel is on the west side of Saw Mill River Road, approximately 300 feet from the intersection of Old Saw Mill River Road and Grasslands Road. Regeneron, which stands as Greenburgh’s largest employer, plans to construct nine buildings totaling 1,016,190 square feet of research and development space on the site, in addition to five parking structures. Building sizes will range from 40,000 square feet to 280,000 square feet. Solar panels will be installed on some buildings on the property, and Regeneron plans to put in a central ener�y plant to service the entire site. “The potential expansion will further cement the growth of this biotech cluster in the town of Greenburgh, Westchester

hanksgiving is a day traditionally filled with food, family and football, and while most workers will be able to spend the day off eating turkey, sleeping in or hitting up holiday store sales, some employees will find themselves on the clock. In a recent survey of 387 employers, Bloomberg Law found that 97 percent of employers will provide paid time off for all or most of their employees on Thanksgiving, while 78 percent will give employees a fully paid four-day weekend. “A robust economy may be the reason behind so many employers being so generous with time off during the holiday,” said Molly Huie, manager of surveys and reports at Bloomberg BNA. “Even though most employers are giving a full four-day holiday weekend, a third of them still say they need at least some workers in the office: those responsible for the essential operations.” Still, the nationwide survey found that one in three employers will require at least some employees to work on Thanksgiving. Employees responsible for service and maintenance or security and public safety support are most likely to be required to work on Thanksgiving, the survey found. Seventeen percent of maintenance businesses and 16 percent of security and public safety companies will require at least some employees to hold the fort on the holiday. That’s the case at Atlantic Westchester, a commercial heating, ventilation and air conditioning company that covers Westchester, Fairfield and Putnam counties and portions of New York City. Though the company’s offices are closed for the Thanksgiving holiday weekend, technicians remain on call to handle any issues that may arise. “Holidays are busy if we have extreme weather,” like an excessively hot Fourth of July or torrents of snow on Christmas, said Atlantic Westchester president Bud

» REGENERON, page 6

» THANKSGIVING, page 6

A rendering of the project.

BY ALEESIA FORNI aforni@westfariinc.com

R

egeneron Pharmaceuticals Inc.’s plans for a major expansion in Westchester have taken another step forward. The Greenburgh Town Board approved the biopharmaceutical company’s site plan application for a 1 million-square-foot research and development campus on approximately 35 acres of a vacant 100-acre parcel at 555

Saw Mill River Road. On Nov. 8, the board found that the proposed project would not have significant negative environmental impacts. “This recent site plan approval will provide us the flexibility to potentially expand our (research and development) campus in the future as needed,” said Alexandra Bowie, director of corporate communications for Regeneron. Purchased in 2015 for $73 million by Loop Road Holdings, a wholly owned subsidiary of Regeneron, the property


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.