West 120913

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December 9, 2013 | VOL. 49, No. 49

JOHN GOLDEN

YOUR ONLY SOURCE FOR REGIONAL BUSINESS NEWS | westfaironline.com

SunnY inveStMent

Morgan Stanley makes switch to solar BY JoHN GoLdeN jgolden@westfairinc.com

GREEN GROCER • 4

T

he sun shone on Morgan Stanley’s office campus in Purchase – with a light that could save money for the corporate tenant – as executives from the financial services firm celebrated the completion of a construction project that has made Morgan Stanley a pioneer in its industry in New York. They gathered recently outside Morgan Stanley offices at 2000 Westchester Ave. on a hill that overlooked a bulldozed 6-acre field formerly used for softball games. Arrayed there now are rows of

WINNERS CIRCLE • 12 Martin Mobley, executive director of MS Solar, speaks at the opening of Morgan Stanley’s solar power facility in Purchase.

MAKE MINE MAHIA • 17

Sunny, page 6

Legislation gives some relief to property service workers BY mARK LUNGARieLLo mlungariello@westfairinc.com

aLeJaNDro saNCheZ LosT his JoB five years ago when the building where he worked was sold to a new owner. “I had been the super of the building for 18 years, but that didn’t stop the new owner from replacing me with his family member the day he took over the building,” Sanchez said. Sanchez is a member of 32BJ SEIU, a service workers union with 5,000 members in the Hudson Valley. According to a statement from the union,

NEWS NOON @

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Arts and tech hub is the goal in Yonkers

Sanchez and several more of its members urged the Westchester County Board of Legislators to support a proposed law that would give service workers a 60-day employment cushion in the event a building is sold or an owner switches contracts with an outside service company. The board approved the legislation in a 16-1 vote Nov. 26, with the only dissenter Legislator Michael J. Smith, a small-government Republican whose district encompasses parts of Pleasantville and North Castle. Westchester County Executive Robert P. Astorino had not yet signed the bill into

A hedge fund manager, Peter Boodell commutes from the Ludlow neighborhood of Yonkers to Manhattan and the firm he founded three years ago. The 42-year-old managing partner at Boodell & Co., though, made time in a busy schedule to play a part in the redevelopment of Yonkers as a member of the Saw Mill River

Service, page 5

Hub, page 6

BY JoHN GoLdeN jgolden@westfairinc.com


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