Y-Enterprise Initiative to Support Business Development and Job Creation Selectively Divulged by Yonkers Mayor Amicone

eHezi Archives 48 Comments

Amicone-Phil-postulatingstance The following press release divulged to selective media has been obtained through third party sources by the acid-tongued bloggers brigade. Yonkers Tribune thereby shares it with all our readers to delve into the veracity of this plan that has already cost the taxpayers an investment of over $1 million.

It reads as follows:

Incentives to Attract New, High-Growth Enterprises with Attractive Lease Rates and Amenities

YONKERS, NY (March 24, 2011) – Yonkers Mayor Philip A. Amicone today announced the Y-Enterprise program, designed to attract, cultivate, and retain high-growth businesses to Yonkers.  Y-Enterprise will target companies of varying sizes with incentives to move to Yonkers and build their businesses in New York’s fourth largest city.  Yonkers, overlooking the Hudson River, has a rich history of building businesses, from Otis Elevator to Domino Sugar, and now, with this latest initiative is aggressively seeking to engage vibrant start-up businesses as well.

The cornerstone of the Y-Enterprise program is the Y-Enterprise Business Center, a vibrant full-service business incubator dedicated to emerging enterprises, offering emerging businesses the opportunity to focus on business development and growth strategy costs before rent and other infrastructure.

“We’re making Yonkers a destination for business and pleasure,” said Yonkers Mayor Phil Amicone.  “The city and the Y-Enterprise Business Center are located less than 30 minutes from midtown Manhattan by train, making access to New York City faster and easier to than it is for many companies that are based in the five boroughs.  The future holds unlimited possibilities for our city.”

The program offers “Y-Innovate” for entrepreneurs in the start-up phase who have only one to two employees, at an estimated cost of $500 per month per employee, “Y-Accelerate” is for entrepreneurs seeking to expand their customer bases and who have from one to eight employees. Office space would range anywhere from $1,000 per month to up to $2,500 for space with Hudson River views.   “Y-Expansion” will help grow those companies ready for larger spaces to accommodate more than eight employees.

The combination of private offices and communal space also allow for the proliferation of the entrepreneurial spirit throughout the facility.  Cross pollination of ideas and business flow are an expected byproduct of the start-up environment.  Tenancy in the Y-Enterprise Business Center will also enable qualified businesses to take advantage of significant Federal and New York State tax incentives.

The Y-Enterprise Business Center offers significant infrastructure built in, enabling a business to focus from day one on its mission, rather than administrative details.  The Center offers internet and telephone service, access to high-tech meeting rooms and conference facilities, fax, scanner and photo copy machines as well as reception and administrative staff.

The businesses will be provided with business development, legal and accounting support, advice on accessing capital sources and have access to the Westchester/Hudson Valley business community.  The center will also offer free networking events on a monthly basis to help them grow within their prospective industries.

“Yonkers is a city on the rise and the Y-Enterprise program will have a major role in that upward momentum,” said Lou Kirven, Commissioner-Planning/Development. “The goal of the Y-Enterprise program is to identify, promote and support the next generation of scalable businesses and enable them to move through the program, from a start-up, to the next stages of development, and perhaps become the next Otis or Kawasaki, which were the backbone of the Yonkers business community.”

The 8,000 square foot Y-Enterprise Business Center is located in the city’s i-Park Hudson, in the heart of downtown Yonkers, steps from the rail station and overlooking the Hudson River and the magnificent Palisades. The revitalization of downtown Yonkers is creating exciting new public spaces, residential offerings, businesses and economic opportunity. The Y-Enterprise program is funded through the New York State Capital Assistance Program with matching funds from the City of Yonkers.  The unveiling of the Y-Enterprise Business Center space will take place in mid-April 2011.

For more information about the Y-Enterprise initiative or for a tenant application, please visit www.Y-Enterprise.com

About Yonkers, NY:  Revitalization Attracts Businesses, Retailers and Commercial and Residential Developers

With its easy access to New York City, Westchester, the Hudson Valley and Connecticut; attractive rents; and significant support from Yonkers itself in the revitalization efforts, the city is poised for growth.

In December 2010, the City of Yonkers took a big step in its downtown revitalization with the “daylighting” – or uncovering – of a portion of the Saw Mill River, which had been buried beneath the pavement of Larkin Plaza since the 1920’s.  The project is creating an exciting new four-acre public space in the center of downtown Yonkers to be called Larkin Plaza Park.   In addition to aesthetic value, the daylighting project is creating jobs, providing economic benefit and clean water improvements for both the Saw Mill and Hudson Rivers.  The daylighting project is funded by the City of Yonkers, New York State Department of Environmental Conservation and Empire State Development Corporation.

In that same month, Lord & Taylor announced it would open its first new store in over a decade at the Ridge Hill mixed-use complex being developed in Yonkers by Forest City Ratner Companies.  The 80,000 square-foot Lord & Taylor will anchor the retail component of the 1.3-million-square-foot development.  Ridge Hill is one of the largest mixed-use projects in the country, encompassing 80 acres.

Additionally, biotech firm ContraFect Corporation started construction on a new 15,000 square-foot headquarters in downtown Yonkers at i-Park on Hudson.  ContraFect signed a 15-year lease on December 10th.

Philip A. Amicone is serving his second term as Yonkers mayor. Under his stewardship, New York’s fourth largest city has experienced its strongest economic growth in almost a century, with record employment and dramatic improvements to city programs and services developed through an aggressive economic expansion that has brought in new jobs and revenues to the city. Mayor Amicone is a licensed Professional Engineer and has made job growth and economic expansion the dual pillars of his administration.

Lou Kirven serves as Commissioner and is responsible for the leadership and overall direction of the City of Yonkers Department of Planning and Development. Lou oversees business/economic development and attraction, residential and public facility development activities, strategic master planning, financial and real estate portfolio management and intergovernmental relations. Lou is a graduate of Simon’s Rock, Tufts University and Georgetown University Law Center. Lou serves on the Boards of the Westchester Community College Foundation and the Fairchester Chapter of the Network for Teaching Entrepreneurship (NFTE) and is a member of the Urban Land Institute (ULI).

 

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eHeziY-Enterprise Initiative to Support Business Development and Job Creation Selectively Divulged by Yonkers Mayor Amicone

Comments 48

  1. Office space you choose is important because it can have a huge impact on the morale of your employees. Employees may feel claustrophobic and trapped without enough space for free movement, which could have a negative impact on their productivity and quality of their work. You must choose the large spaces that have an open floor plan that has a positive effect on employees, when you want to make the office feel as if she has more space.
    Melbourne Meeting Rooms

  2. I appreciate your concern
    but my house in Fla. was
    just completed in January
    2011, No chinese drywall
    was used. Thanks anyway.

  3. I am RETIRED already with 100,000 plus
    a year! So this will not effect me. I am
    just looking out for my fellow cops
    so they can get the pension they deserve
    and EARN!

  4. where do you get this garbage from…I don’t lie
    you do however…or more specifically you simply
    make things up as you go along without regard to
    any of the facts and all because you don’t want
    pension reform in new york..its coming though
    and you can take that to the bank…you will contribute
    to your medical plans and your retirement and you
    will not be able to count overtime in one year toward
    an inflated pension…if you don’t beleive me ask
    the governor

  5. Hey Edelman was that your brother
    or family member that was collared
    in Rye posing as a cop? If so he is
    just like you, wishes he was a cop.

  6. Pension reform will never happen,
    all politicians are in bed with one
    another. Remember they signed off
    on this back, in I think 1999. It will
    not change.

  7. What about the Boyce Thompson fiasco, Mikey.
    You pass the eyesore building everytime you go to News 12 to film your Point – Pointless Closed Minded opinion Program.
    How do you defend Martinelli’s business genius on that one?

  8. the lawfirm didn’t use anyone..the ad agency did
    and they pulled the ad..no one knew the guy was
    a real nyc fireman…he signed a release allowing his image modified or otherwise to be used any way the
    agency wanted to do…so you once again are misinformed
    read their mea culpa…and there will be pension reform
    whether you want it or not

  9. i agree, and this garbage pail
    anon e moose wants pension reform
    and HE IS THE DIRTIEST ONE OUT
    THERE!! Clean your own closet out
    FIRST!!!!

  10. 9/11 law-firm Worby Groner Edelman & Napoli Bern ad uses fireman Robert Keiley who wasn’t even on force then – NYPOST.com
    Shady law firm pairs with shady ad agency. Go ahead Edelman, blame it on them. Typical.

  11. this smells
    several properties are owned by Hudson View Llc
    According to city website I-Park is owned by Hudson View Bldg #3 Llc.
    they both have the same address in Greenwich Ct.
    (from the city website)
    http://imo.yonkersny.gov/propdetail.aspx?swis=551800&printkey=00200020080010000000
    The JN (3/27/11) states the owner is National RE/Sources of Greenwich, Conn. (same address as Hudson view)
    http://www.lohud.com/apps/pbcs.dll/article?AID=2011103260334
    Hudson View Llc owes (owed?) the city over $100K in property taxes for these properties (this website)
    http://yonkerstribune.typepad.com/yonkers_tribune/2011/03/outstanding-yonkers-and-westchester-county-real-estate-taxes-over-9-years-in-arrears.html
    Hudson View also contributed about $10K to Amicone in 2006.
    http://www.elections.state.ny.us:8080/plsql_browser/CONTRIBUTORA_COUNTY?ID_in=C24172&date_From=01/01/1999&date_to=03/17/2010&AMOUNT_From=1&AMOUNT_to=5000&ZIP1=&ZIP2=&ORDERBY_IN=N&CATEGORY_IN=ALL

  12. Richard gave $pender everything he ask for and more. Same when he served with Amicone. Go along to get along that’s Rich.

  13. Here is an example of Richard Martineli’s business judgment for Mike Edelman to choke on.
    Back in 1998, Spencer told Richard that we needed to buy the Boyce Thompson Institute building for $7 Million because Judge Sands told Andre Hornsby (you remember – Spencer’s “gretaest school superintendant in the history of Yonkers” – now serving a long federal prison term for extortion and bribes) that it should be converted into a school within 6 months.
    This is the building at the corner of Executive Boulevard and North Broadway.
    Well 13 years have gone by and the building is in the same or worse boarded up, overgrown condition that it was in when Richie Martinelli (the councilman from that district) spearheaded the drive to give Spencer the 7 million.
    The building is an eyesore and a danger.
    Better yet, the City sold it to a developer for $ 3 Million a few years ago in the hieght of the real estate boom.
    That’s right a $ 4 Million loss on the deal while real estate was at historical highs.
    So, Mikey, you gotta admit. Richard is some kind of business man genius. Right ???
    More example to follow. Stop the bullshit, Mike.
    Is it true that Richard dropped out of College and never was able to finish?

  14. first of all I don’t play golf in yonkers….if
    it were 1888 you might be correct….that is when
    the first round of golf was played on shonnard place
    in yonkers..second my point is not that you should
    elect martinelli because of his business acumin..it
    is that the poster who stated that martinelli’s business judgment was due to his daddy’s business is
    not the way to decide whether or not the son has
    the business ability that some poster claim is presently absent..

  15. I meant alien head Tvert. Martinelli has cobbled together a group that is really a cabal of Spencer, Angelo Martinelli, and Momma McLaughlin. This blast from the past seeks to sink the city fully and get out. The campaign slogan should be “Lets give away what few assets the city has left and take what we can in the process.” No thanks!

  16. I am not a Phil lover by any means, but inexspensive incubator space is a tried and true technique not only to adaptively reuse undesirable space, but also to attract small start-up companies at very attractive rents. Today more than ever that is a good idea.
    Mount Vernon just opened their version a few weeks ago. That is not a reason for us to do it, but 8,000 square feet is not much, so the risk is quite small. It is worth a try.
    As far as the last two paragraphs of the press release are concernced, as Alfred E Newman said, you can wrap fish with it.

  17. Really Edelman. Martinelli’s “business acumen” is the reason to elect hikm. No, and NO again. Bringing in Martinelli brings back the same group of hacks who gave large chunks of the city away and put us in the mess we are in. You get Martinelli you also get Spencer, McLaughlin, Tvedt, Sheeran etc. Between them how many millions of dollars was fleeced from the city? How many sweetheart deals from Tara Circle on down were done.
    Edelman, you don’t even live in Yonkers. You only play golf here so PLEASE stop shilling for Martinelli. You are embarassing yourself.

  18. Correct Dick Harter, so it’s time to take on the corrupt party board of elections and get independents who have no party crap to drag around with them into the government to create REAL CHANGE, and not OBAMA, change which is elitist and more of the status quo.
    The attack on the working and middle classes by the wealthy power elites is disgusting and this is where we need a revolution to get rid of all these greedy $uckers.

  19. It is disturbing to see that over the past 25 years or so, a significant number of working and middle class people have been cleverly manipulated and misled into believing that what’s good for business is good for them. Yonkers has given away hundreds of millions in tax incentives to companies that have not hired Yonkers residents, PILOTs that have largely gone into the pockets of owners, contractors who take incentives and then hire workers from out of state – the list goes on. Then politicians like John Murtagh, Liam McLaughlin and the like shamelessly divide Yonkers residetns in every concievable way – race, neighborhood, wealthy vs. working class, demonization of public employees – and voters keep buying it. All the while, their taxes continue to rise and these same crooked politicians keep pissing in their ear and telling them it’s raining. I wish everyone in Yonkers would vote, instead of the angry, misled homeowners (who I sympathize with – I really don’t hate them!). Maybe we could get rid of the Murtaghs and the McLaughlins once and for all.

  20. If he’s done so much in 16 years in City Haul, as an engineer, then why has he more than doubled our taxes. Every deal is a giveaway, with no taxes coming in for 20 years. And where is the City council who are supposed to save us from the madness…passing everyone of his crazy budgets.
    Who owns this enterprise building and are they paying property taxes or do they also have a nod nod wink wink…special deal.
    This place is a joke from start to finish.

  21. Here we go again,another grandiose plan,though much truncated(like the population predictions by Amicone)with little or no chance of success.Aim low Phil,aim low.More people are now leaving Yonkers than moving in.What business enterprise,or developer for that matter would dream of investing big bucks here,especially in an area surrounded by 5 or 6 low income/subsidized housing?

  22. its not flacking ….the poster made a statement
    that is not automatically true…if you don’t think
    martinelli would make a good mayor that’s one thing
    but simply because he is in his dad’s business is not
    a diqualifier…and the public in yonkers will not
    think it is either…..some of you seem to base your
    opinions on who people know and who they are related
    to rather than on their abilities..how would you like
    to be judged like that…its an indication of close
    minded bias…

  23. Don’t underestimate martinelli’s business acumen
    just because his father started a successful business
    doesn’t mean the son doesn’t also have the same talent
    I am sure i don’t have to remind you of the myriad
    of families that have past their businesses on from
    one generation to the other teaching their offspring
    as they go…and these business remain viable and
    continue to be successful..having a daddy in a business
    isn’t a knock ..its a boost…mitt romeny’s daddy
    was chairman of american motors…henry ford III
    grand daddy invented the car…martinelli has worked
    in the business for over 20 years..he essentially runs
    the show and knows the way it works inside out…
    just because he is angelo’s son should not exclude
    him from having the kind of business sense you claim
    has been lacking

  24. Don’t underestimate martinelli’s business acumen
    just because his father started a successful business
    doesn’t mean the son doesn’t also have the same talent
    I am sure i don’t have to remind you of the myriad
    of families that have past their businesses on from
    one generation to the other teaching their offspring
    as they go…and these business remain viable and
    continue to be successful..having a daddy in a business
    isn’t a knock ..its a boost…mitt romeny’s daddy
    was chairman of american motors…henry ford III
    grand daddy invented the car…martinelli has worked
    in the business for over 20 years..he essentially runs
    the show and knows the way it works inside out…
    just because he is angelo’s son should not exclude
    him from having the kind of business sense you claim
    has been lacking

  25. Don’t underestimate martinelli’s business acumen
    just because his father started a successful business
    doesn’t mean the son doesn’t also have the same talent
    I am sure i don’t have to remind you of the myriad
    of families that have past their businesses on from
    one generation to the other teaching their offspring
    as they go…and these business remain viable and
    continue to be successful..having a daddy in a business
    isn’t a knock ..its a boost…mitt romeny’s daddy
    was chairman of american motors…henry ford III
    grand daddy invented the car…martinelli has worked
    in the business for over 20 years..he essentially runs
    the show and knows the way it works inside out…
    just because he is angelo’s son should not exclude
    him from having the kind of business sense you claim
    has been lacking

  26. Business acumen is somewhat genetic. You either “got” it or you don’t.
    Phil Amicone doesn’t have a business bone in his body. If he did his administration and his years as Mayor and deputy Mayor would not have been so torturous to the small business community in Yonkers.
    Glad it’s over. The only question is, (considering the current choices), which business ignorant moron will succeed him ? Martinelli doesn’t qualify since it was handed to him by daddy.

  27. The east side commercial owners should get together and give Amicone a paddling.
    It is plain stupid not to recognize that commercial property is vacnat all over the city, especially on the east side.
    All of the attention is to Ghetto Square for some strange reson.
    Bad mayor, after all.

  28. “Philip A. Amicone is serving his second term as Yonkers mayor. Under his stewardship New York’s fourth largest city has experienced its strongest economic growth in over a century….”
    I hope the person who wrote this rubbish gets help for their drug addiction.

  29. “Y-Enterprise will target companies of varying sizes with incentives to move to Yonkers and build their businesses in New York’s fourth largest city.”
    Please stop this. We can’t afford to subsidize businesses. We never could. It never works for the benefit of the taxpayer. Not here. Not anywhere.
    Fifteen years of giving away the city and you want still want to give more.

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