More good news from BCW member Regeneron Pharmaceuticals which this week released a new analysis of data showing that its monoclonal antibody cocktail known as REGEN-COV is effective against Covid-19 infection. Positive results from a Phase 3 trial jointly run with the National Institute of Allergy and Infectious Diseases showed that the drug reduces by 81.6% the risk of being infected by the Covid-19 virus, SARS-CoV-2. The data are from an ongoing clinical trial in which a group of participants received a 1,200-milligram dose of the drug in four injections administered under the skin. The clinical trial involved 1,683 people who were […]

The release earlier this week of Westchester County Executive George Latimer’s Proposed Operating Budget for 2022 features a $2.2 billion spending plan that includes a $64 million surplus to address unforeseen events. “The Business Council of Westchester appreciates the County Executive’s commitment to fiscal restraint as the nation and our county continue to recover from the pandemic downturn. We particularly applaud the County Executive for cutting the county property tax levy by $7 million in his 2022 proposed operating budget. This is the third year in a row that Latimer has cut the tax levy, an essential measure in helping […]

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Two of Westchester’s leading developers who are also BCW members — Rella Fogliano, President & CEO of MacQuesten Development and Louis R. Cappelli, Founder and Managing Member of the Cappelli Organization — were honored Thursday at the March of Dimes 34th Annual Real Estate Awards Breakfast. Fogliano received the coveted March of Dimes Real Estate Award. “I am truly moved to have been chosen for this award. I am grateful to be a part of this industry especially in moments like these when we can help to improve the lives of babies and families,” she said. Cappelli received the Martin […]

City, County and State officials recently joined with the Municipal Housing Authority for the City of Yonkers (MHACY) and The Community Builders (TCB) to celebrate the completion of 172 Warburton at The Ridgeway, a new $53.5 million transformative mixed-income residential community in Southwest Yonkers. 172 Warburton at The Ridgeway continues the strong partnership between MHACY and TCB to transform Southwest Yonkers by replacing three outdated Cottage Place Gardens public housing buildings and a vacant, dilapidated three-story residence with a new, energy efficient eight-story elevator residential building containing 85 apartments. The new development includes a universal pre-kindergarten center located at the […]

The $95 million renovation of MTA Metro-North Railroad’s station in downtown White Plains which transformed the station into a state-of-the art complex was officially completed this week with celebration featuring City, County and State officials. The top-to-bottom station transformation included a refurbishment of the station’s main entrance at the station plaza, the Main Street entrance, the Hamilton Avenue entrance, and the Mott Street tunnel. The station was remodeled to bring an updated, modern aesthetic to the station, including updated signage, glass entrances, wood soffits, a widened main lobby, improved lighting and upgraded HVAC system.  “The White Plains renewal project is everything […]