Westchester and Fairfield County Business Journal 083120

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TR US TE D J O U R NALI S M AT YO U R FI N G E RTI P S

AUGUST 31, 2020 VOL. 56, No. 35

westfaironline.com

If at first you don’t succeed…

A rendering of the project. The empty storefronts where the project would be built. Photo by Bob Rozycki.

DEVELOPER SLICES SIZE OF TARRYTOWN PROJECT

INSIDE PAGE

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ERIC TRUMP PROBE

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BLM STAMFORD

BY PETER KATZ pkatz@westfairinc.com

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ore than a year after a plan to develop a large mixed-use project in downtown Tarrytown was withdrawn following substantial community opposition, the owner of the property at 39-51 N. Broadway has presented a sharply curtailed development plan for the village to consider. Coco Management originally had joined with Kaufman Tarrytown

Company LLC to propose developing a project with 230 dwelling units, almost 50,000 square feet of retail space and 436 parking spots to replace exiting low-rise retail. The site covered just over 2½ acres and the proposal generated a good deal of community opposition. The proposal was withdrawn by a letter to the village from Attorney Richard O’Rourke of the law firm Keane & Beane PC at the end of February 2019. Edward M. Coco, whose family owns about

Frank J. Gaudio

» TARRYTOWN

Evan R. Corsello

President & CEO

203.302.4375

1.3 acres that would have made up about half of the site for the previous proposal, has developed a new plan for a mixed-use building to replace the row of storefronts along North Broadway anchored by a CVS Pharmacy. The Village of Tarrytown’s Planning Board held a public hearing on the new proposal on Aug. 24. It has declared itself to be lead agency for the environmental review of the project. According to O’Rourke, the devel-

Chief Lending Officer

CALL US TODAY

203.302.4003

EXPERT LENDERS  COMMERCIAL & RESIDENTIAL Port Chester – 914.908.5444 500 Westchester Avenue

NMLS # 510513

Cos Cob – 203.629.8400 444 E. Putnam Avenue

Stamford – 203.413.6101 900 Summer Street

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FOUR BROTHERS ACCUSED OF SCAMMING AMAZON OUT OF $19M BY BILL HELTZEL bheltzel@westfairinc.com

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he brothers Abraham of Rockland County have been charged with wire fraud and money laundering for allegedly ripping off Amazon for $19 million. A federal grand jury indicted Yoel, Heshl, Zishe and Shmuel Abraham on charges of bilking Amazon in a vendor overshipping scheme. The defendants attempted to obtain at least $32 million, the indictment states, and fraudulently obtained $19 million. Yoel, 28, of Suffern; Heshl, 32, and Zishe, 30, both of Spring Valley; and Shmuel, 24, of Airmont, were arrested Aug. 19. They pleaded not guilty in U.S. District Court in Manhattan. They were released from custody on $2 million appearance bonds each. From 2017 to 2019, the Abrahams allegedly opened vendor accounts, shipped more merchandise than requested and manipulated the invoicing system to get excessive payments. Amazon allows third-party vendors to use its » AMAZON

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