The Business Council of Westchester (BCW), as a member of the Business for Federal Research Funding Coalition, is joining business organizations from across the country in urging congressional leaders to protect federal investments that are critical to America’s global leadership in innovation, science and economic competitiveness. The Coalition recently sent a letter to congressional leaders emphasizing the importance of maintaining strong federal research and development funding in Fiscal Year 2027. Representing 86 local, regional and state chambers of commerce and business organizations across 37 states, the Coalition underscored the vital role federal research investments play in supporting businesses, creating jobs, strengthening […]

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BCW member Regeneron has reached a significant milestone in rare-disease treatment with U.S. Food and Drug Administration approval of Pasatru™ (garetosmab-grts), a new therapy for adults living with fibrodysplasia ossificans progressiva (FOP). The treatment is the first FDA-approved therapy shown in a placebo-controlled trial to reduce both the formation of new heterotopic ossification (HO) lesions and clinician-assessed flare-ups in adults with the ultra-rare condition. FOP is a progressive genetic disorder in which abnormal bone forms within muscles, tendons, ligaments and other connective tissues. Over time, this rogue bone growth can severely restrict movement and make everyday activities such as walking, eating, […]

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A major $450 million real estate transaction is bringing a wide-ranging collection of residential, commercial, healthcare and development properties across New York, New Jersey and Connecticut under new ownership, with Business Council of Westchester members playing key roles in bringing the complex deal together. A huge congratulations to BCW members Martin Berger and Greg Belew of Saber-Hightower, as well as Cuddy & Feder, which provided legal counsel in connection with the deal. Together, they are showcasing the significant impact of BCW members on the Tri-State region and its continued economic growth. The acquisition includes Trilogy Lofts in Yonkers, a recently constructed […]

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BCW member Manhattanville University is earning recognition for its efforts to strengthen the region’s education workforce, as its innovative teacher training program reaches the halfway point of a four-year initiative aimed at preparing and retaining educators throughout the Lower Hudson Valley. In 2024, Manhattanville received nearly $1 million in funding from New York State’s Office of Strategic Workforce Development to establish new pathways for teaching assistants to advance into full-time, certified teaching positions. Now two years into the initiative, the university is seeing continued growth in participation while helping address critical teacher shortages across the region. Known as the Teaching Assistant […]

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New York State is making more than $62 million available to help communities expand access to safe, affordable and accessible housing across the state. The new funding opportunity, administered through New York State Homes and Community Renewal, will support local governments and nonprofit organizations working to improve existing homes, assist first-time homebuyers, help older adults and veterans remain safely in their homes, and address critical housing needs for low- and moderate-income New Yorkers. The funding is part of Gov. Kathy Hochul’s $25 billion, five-year statewide Housing Plan, which aims to create or preserve 100,000 affordable homes. Programs included in the latest […]

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The BCW applauds Mayor Mike Spano’s announcement of the creation of “Reimagine Central Avenue,” a long-term planning initiative focused on transforming Central Park Avenue to better meet the changing needs of residents, businesses and visitors. Mayor Mike Spano announced the initiative on Aug. 17, outlining a community-driven process that will combine public input with the expertise of professional planners, engineers and design consultants. The effort comes as changing patterns in shopping, housing and development are prompting communities across the country to rethink traditional commercial corridors. “Central Avenue has been an essential part of Yonkers for generations, and now we have an […]

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