JANUARY 27, 2020 VOL. 56, No. 4
westfaironline.com
A rendering of one of the possibilities for the redevelopment of the Sears location at the Cross County Shopping Center.
INSIDE
Marx making a mark OWNER TAKES OVER CROSS COUNTY LEASING, WORKING ON FORMER SEARS STORE
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DANGEROUS ROADS
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UNHEALTHY HEALTH CARE
BY PETER KATZ pkatz@westfairinc.com
M
arx Realty, which jointly owns the Cross County Shopping Center in Yonkers with Benenson Capital Management, is taking over leasing and management responsibilities for the 1,150,000-square-foot property. Marx is a division of New York City-based Merchants
National Properties, which has a portfolio of 67 properties in 17 states. Mark Utreras, formerly with Newmark Knight Frank (NKF), has been made Marx’s senior director of leasing and will be responsible for leasing at Cross County. In addition, Marx plans to hire up to 10 additional leasing team members. While at NKF, Utreras served as associate director representing landlords and developers
such as RXR Realty, Muss Development and SL Green Realty. He was credited with completing retail lease transactions valued at more than $450 million. “He will focus solely on Cross County Shopping Center, which is really the �irst time we’ve had someone dedicated to Cross County,” Craig Deitelzweig, president and CEO of Marx Realty, told the » CROSS COUNTY
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DEMOCRATS FAVOR TOLLS AS CONNECTICUT’S ROADS CALLED A ‘NIGHTMARE’ BY KEVIN ZIMMERMAN kzimmerman@westfairinc.com THE ISSUE OF HIGHWAY TOLLS IN CONNECTICUT
dominated the Stamford Chamber of Commerce’s annual legislative breakfast on Jan. 22. Moderator Harry Carey, director of external affairs at AT&T, teased the issue throughout the hourlong panel discussion at Deloitte’s Stamford of�ice.
» TOLLS
Evan R. Corsello
Frank J. Gaudio President & CEO
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The discussion pivoted to why it is an idea whose time has come. Calling the state of Connecticut’s roads “a transportation nightmare,” state Sen. Carlo Leone (D-Stamford, Darien) made the point that, although an original bill that would have required the drivers of all vehicles to pay tolls was “a very good bill,” it did not receive the legislative
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