BCW Member Pace University announced this week the appointment of Ajay Khorana, Ph.D., as Dean of the Lubin School of Business and professor of finance, effective September 1, 2025. Pace President Marvin Krislov praised Khorana’s impressive background in global finance, commitment to student and institutional success, and ability to bridge industry and academia. “Ajay Khorana is a […]
In what is encouraging news for developing renewable energy, three new battery energy systems have come online in Westchester County. Calibrant, the company which owns and operates battery energy storage systems (BESS) in Hawthorne, Yorktown, and Ossining, said the systems are connected with Con Edison’s electric grid and are already producing economic benefits under New […]
As Westchester County’s largest business membership organization that focuses on economic development and advocacy, the BCW has been a long-time advocate of obtaining a full gaming license for Empire City Casino by MGM Resorts. BCW Executive Vice President and COO John Ravitz provided testimony supporting the full gaming license at a meeting held Monday in […]
Congratulations to the City of Yonkers on its selection as one of the 50 finalists of Bloomberg Philanthropies’ Sixth Mayors Challenge, a competition to spur local government innovation that improves lives in cities around the world. The City of Yonkers is among ten U.S. cities and the only city selected from New York State. “Thank […]
In a significant stride for real estate innovation, the Business Council of Westchester’s Westchester Innovation Network (WIN) recently facilitated a digital scan of a Simone Development Companies property by ReX2, a company at the forefront of digital-twin technology. The scanning of One Executive Boulevard in North Yonkers, a medical office building newly acquired and renovated […]
By John Ravitz Earlier this summer, New York launched what may be one of the most important tech infrastructure investments the Empire State will ever make. In June, Gov. Kathy Hochul announced $40 million in funding to launch Empire AI Beta, a supercomputer housed at the University of Buffalo that will give researchers unprecedented access to study […]
In what is a significant investment in the Hudson Valley Region’s economy, Gov. Kathy Hochul announced this week that Garonit Pharmaceutical, Inc., a global manufacturer of antiseptic products and health care solutions, will establish a state-of-the-art, 200,000-square-foot pharmaceutical manufacturing facility in New Windsor, Orange County. With a $46.1 million investment, the facility will become the […]
The BCW is among 37 business organizations statewide that are urging Gov. Hochul to veto S.8432 (Hoylman-Sigal)/A.8662 (Gallagher), which would require small businesses organized as Limited Liability Companies (LLCs) to disclose confidential and personally identifiable information to the New York State Department of State (DOS). The group notes that if signed into law, the legislation […]
The ongoing revitalization of Yorktown’s retail centers continues with construction under way on the $10 million renovation of the Triangle Shopping Center. On Tuesday, Yorktown Town Officials met with executives of The Hakim Organization, which owns the 208,000-square-foot retail center, to survey the progress of work which includes updating store facades and installing new sidewalks […]
With the dismantling of the U.S Department of Education and colleges and universities, along with student loan forgiveness, under attack, there is some very good news for Westchester. BCW Member SUNY Westchester Community College in Valhalla announced this week that it received a $306,514 grant from the U.S. Department of Education through the federal TRIO Student […]
The Westchester County Office of Housing Counsel (OHC) has officially opened for business to ensure that financially eligible tenants have access to resources and legal representation at no cost to themselves in eviction and related proceedings. The innovative program is the first of its kind for a county and will help stabilize communities and address […]
State Senate Majority Leader Andrea Stewart-Cousins has announced the purchase of two mini buses by the Charter School for Educational Excellence (CSEE) in Yonkers, thanks to $215,000 in discretionary funding she secured for the school. The funds, delivered through the State and Municipal (SAM) Facilities Grant program administered by the Dormitory Authority of the State […]