The cost of acquiring the vacant 12.43-acre site is $3.9 million. According to its application with the IDA, building and construction is estimated to cost $17,864,850 and equipment costs have been put at $13,136,536.
Bally’s Bronx, as proposed to the New York State Gaming Commission late last month, was to stand approximately 250 feet tall and include a 500,000-square-foot Gaming Facility structure and span more than 3 million square feet.
The Dashboard also includes forward-looking analysis on how many households could qualify to buy a median-priced home if mortgage rates fall to 6%.
Rock East Funding, a hard money lender for real estate investors with offices in Hawthorne and Long Beach, announced the hiring of Patrick Vertucci as its first Director of Business Development. In this new role, he will manage sales staff, broker relationships and all marketing initiatives.
Vertucci brings a wide range of real estate and lending experience to Rock East Funding. He has served as a Loan Originator and VP of Sales and Operations for multiple residential mortgage companies and like Rock East’s clients, he has been a real estate investor, closing approximately 180 units over the course of his career. He holds a Bachelors of Fine Arts in Education from the CW Post Campus of Long Island University.
The book launch will kick off with a celebration at the historic Nyack Bath House on Friday, July 11, followed by a multi-city East Coast book tour.
Indelicato joins the City of Yonkers with over 30 years of experience as an attorney and city planner for several Westchester County municipalities.
He has been honored with the Five Star Real Estate Agent Award for 16 consecutive years.
Each speaker shared valuable perspectives on regional economic development, market dynamics, and strategic growth initiatives across the Hudson Valley.
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