Westchester County Business Journal 122319

Page 1

PRINT JOURNALISM: BECAUSE IT STILL MATTERS. DECEMBER 23, 2019 VOL. 55, No. 51

westfaironline.com

A rendering of a portion of AvalonBay’s proposed Freightway development.

INSIDE

PAGE

3

LIGHTS! CAMERA! ACTION!

PAGE

5

ARDSLEY PARK

READY FOR A FIGHT Development controversy in Scarsdale

NEW YORK STATE SEN. HARCKHAM PROPOSES TOLLS TARGETING CONNECTICUT DRIVERS

AVALONBAY, LCOR PICKED AS FINALISTS FOR FREIGHTWAY PROJECT BY PETER KATZ pkatz@westfairinc.com

A

valonBay Communities and a combined venture of LCOR, East End Capital and 3D Properties LLC have been selected by the village of Scarsdale as the two finalists in the effort to pick a developer for the downtown Freightway area near the Metro-North train station. Freightway is a site of

about 2.43 acres principally occupied by a five-story parking garage and at-grade parking, an additional onetenth acre in the town of Eastchester, a 0.51-acre parcel along Scarsdale Avenue and 0.84 acres of air rights over the Metro-North tracks. The finalists were selected from the six developers that responded to the village’s request for proposals (RFP) covering “a redevelopment project that creates a mixed-use Transit-Oriented

Development (TOD), including at a minimum: residential uses, commercial uses, commuter parking, community uses/open space and connectivity to Scarsdale Avenue and the Village Center.” A motivating factor for the village in exploring development possibilities has been the need for the Freightway parking structure to be repaired or replaced. AvalonBay and LCOR were invited to each give a 40-minute presentation of their ideas at a public work session of the Scarsdale Board of Trustees on Dec. 11. A timeline calls for selection of a developer in the next few months, to be followed by a period of fine tuning development details. The timeline also » SCARSDALE

6

BY KEVIN ZIMMERMAN

kzimmerman@westfairinc.com

“NOBODY WANTS A TOLL WAR,” NEW YORK STATE SEN. PETER HARCKHAM SAID at a press conference

announcing a plan to install tolls targeted at Connecticut drivers. Harckham, whose 40th District includes northern Westchester County as well as parts of Putnam and Dutchess counties, used the Dec. 16 event to lay out a plan that would impose tolls along the New York/ Connecticut border with the revenue going toward infrastructure repairs. Harckham’s plan would install gantries on six state and county roads that cross the state line in the towns of Pound Ridge, Lewisboro and North Salem. He said he would also support placing a toll on the Hutchinson

River Parkway just before it becomes the Merritt Parkway upon entering Connecticut. License plate readers would charge only out-ofstate drivers, allowing New York residents to continue driving on those roads free of charge. “We don’t want it to come to this, but if so, I am willing to and prepared to submit legislation that would put tolls all along the Connecticut border so that we can pay for infrastructure repairs,” he said. “The revenue would be shared, after debt service, with these local municipalities.” The senator’s move is in response to Connecticut Gov. Ned Lamont’s controversial proposal to add 12 trucks-only toll gantries. A gantry would be placed on a 1.4-mile stretch of I-684 » TOLLS

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.
Westchester County Business Journal 122319 by Westfair Business Journal - Issuu