As we enter a new era, HGAR remains steadfast in its commitment to serve and support you—through advocacy, professional development, and programs that empower your business.
“Homebuying momentum is building after nearly two years of suppressed home sales,” said NAR Chief Economist Lawrence Yun.
YORKTOWN—The Yorktown Planning Board has approved a distribution center for Nestle Waters.
The Planning Board’s approval earlier this month will allow Nestle Waters to bring an estimated 60 jobs to Yorktown, as well as end a longtime vacancy at the former Verizon building at 3775 Crompond Road. Nestle Waters has proposed renovating the 1.9-acre property’s existing building and parking lot for its office and distribution uses. The complex was built in 1956 and last renovated in 1988, according to Loopnet.com.
“I want to thank the Planning Board for moving this along. The rapid approval of Nestle Waters’ application is an example of a changing Yorktown that is open to new businesses by streamlining its application processes, revising outdated land uses and moving with urgency,” said Supervisor Matt Slater.
The town has adopted a number of ideas proposed by the Reboot Yorktown Taskforce including expedited permitting processes that allow restaurants and stores to serve their customers on sidewalks or parking lots throughout the summer. Previously, obtaining a permit for outdoor dining or sidewalk sales required a lengthy application to the Planning Board. Now the Building Department can quickly issue the permits, town officials noted.
Lowe’s and Sam’s Club are situated within the larger Hudson Valley Plaza, a 673,000-square-foot regional power center, anchored by complementary retailers such as Walmart and PetSmart, among others.
Boasting a vacancy rate in the low 4% and uninterrupted positive trends in rental rates, fundamentals for Westchester multifamily are strong.
Brokers contend that companies will be attracted to Class A-type space, while properties rated at either B or C will have trouble attracting tenants.
The Orange County Partnership attends the SEMI Industry Strategy Symposium in Half Moon Bay, CA to promote Orange County as "the bridge" between New York City and Albany, and a shovel-ready market with sites ready for major semiconductor manufacturing investment.
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