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Congratulations to HVEDC!

  
  
  
  
 

 hvedc resized 600

HVEDC, Focus Media Receive Four Awards

from New York State Economic Development Council

 

NEW WINDSOR, N.Y. (June 14, 2013) - Hudson Valley Economic Development Corp. (HVEDC) and advertising and public relations firm Focus Media recently received four annual marketing awards from the New York State Economic Development Council (NYSEDC) at its annual conference.

HVEDC and Goshen-based Focus Media received honors in several categories, including Printed Advertising Material (Best in Class), Development Brochure (Certificate of Excellence), Printed and Electronic Newsletter (Certificate of Excellence) and Annual Report (Certificate of Excellence).

"Receiving these awards is an extraordinary honor for HVEDC and its member businesses and organizations," said Laurence P. Gottlieb, president and CEO of HVEDC. "We work hard to provide the necessary resources for businesses looking to grow and expand here in the Hudson Valley, and we were thrilled to receive such validation for the great marketing work Focus Media does."

In the Printed Advertising Material category, HVEDC and Focus Media developed marketing pieces for numerous businesses and organizations in the food and beverage industry throughout the Hudson Valley. The organization was honored in this category for its full-page magazine advertising pieces developed for a variety of local wineries, restaurants, pubs and other food and beverage companies.

HVEDC and Focus Media's winning entries in the category of Development Brochure include both an English and Chinese version of an investment brochure detailing the economic opportunities provided in the Hudson Valley. The brochures contain graphical and textual representations of the existing business sectors in the area, as well as thorough descriptions of the rich labor force and advantageous economic environment of the region.

In the Printed and Electronic Newsletter category, HVEDC and Focus Media received accolades for its communications on the numerous thriving businesses in the Hudson Valley. Its newsletter includes updates on business expansions, real estate opportunities and major tourist attractions in the area.

HVEDC and Focus Media received an award in the Annual Report category, which included an in-depth report on the Hudson Valley's top innovators. The report contains personal profiles and descriptions of some of the spectacular accomplishments made by a number of the Hudson Valley's most noteworthy citizens and business leaders.

"We believe that our marketing efforts reflect the nearly endless number of businesses and opportunities in the Hudson Valley," said Josh Sommers, president and CEO of Focus Media. "We are extremely proud to be a marketing and economic development partner of HVEDC."

HVEDC and Focus Media have won a total of 15 NYSEDC marketing awards and one Bronze Telly Award since 2011.

HVEDC provides market data and site consultation for businesses interested in expanding or relocating to the Hudson Valley. It works closely with state and local organizations and government agencies to stimulate economic growth throughout the region.

Another award given to a Hudson Valley economic development organization was Dutchess County Economic Development Corp., which won Best in Class for its website.

"I would like to congratulate Dutchess County EDC for the NYSEDC Best in Class for its website," Gottlieb said. "It is a clean site, yet packed with information, which again benefits the business community in the Hudson Valley in so many ways."

About Hudson Valley Economic Development Corporation (HVEDC)

HVEDC is the leading economic development agency for the seven-county region of Westchester, Putnam, Dutchess, Rockland, Orange, Ulster and Sullivan counties. The public-private partnership markets the region as a prime business location to corporate executives, site selection consultants and real estate brokers. HVEDC also helped start the branding and promotional effort for NY BioHud Valley. For more information or to review available business sites, visit www.hvedc.com or call CEO Laurence P. Gottlieb at 845-220-2244.

 

 

     
   
 
         

Bloomberg LP is the Latest Company to Put a Datacenter in Rockland County

  
  
  
  
 

 

 

Learn more about datacenters. See the Hudson Valley Economic Development Corp.'s video on why they are attracted to the Hudson Valley. For more information go to Choose NY Hudson Valley.

 

Bloomberg LP is Coming to Rockland


Follows in footsteps of companies like IBM, Fujitsu, Lightpath, Nokia

  

Bloomberg LP, the giant global financial media and information company founded by New York City Mayor Michael Bloomberg, is locating its new "mission critical" datacenter in Rockland County. The Hudson Valley Economic Development Corp. congratulates everyone involved!

  

Companies like IBM, Fujitsu, Cervalis, Harte-Hanks, Lightpath, Nokia, Mobius, and many others already have their technology operations located here in the Hudson Valley. Why? Primarily because we offer a cost-structure for operations that provides our resident technology companies a clear competitive advantage. And, New York State ranks first in degrees awarded in materials sciences, computer sciences, and medical sciences; second for degrees in electrical engineering, mathematics, and biological sciences; and third in civil and mechanical engineering.

 

Bloomberg LP will be investing more than $800 million in this project, including initial building fit-up, equipment purchases and a plan to retrofit their planned 131,800-square-foot building seven to eight times over 15 years to ensure peak performance of this world class datacenter. The firm has signed a 15-year lease for the building at 155 Corporate Drive in the Town of Orangetown, which is scheduled to open in mid-2014. The builder is Russo Development Inc. of Carlstadt, N.J., the same builder of the New York Stock Exchange datacenter in Mahwah, N.J., in 2008.

 

Officials from Bloomberg and Russo both said the key factors in choosing this site among 100 that were evaluated was the foresight of Orange & Rockland to locate an electrical substation on Corporate Drive, the incentives offered by the Rockland County IDA and by Orange & Rockland to locate in Rockland County as well as the cooperation of the Town of Orangetown in providing timely permits for Russo to make the site "shovel ready" in time to satisfy Bloomberg's requirements.

 

     
   
 
         

 

 

                                          

  

 

 

Hudson Valley Economic Development Report

  
  
  
  

Welcome to the Hudson Valley Economic Development Report, a compilation of news stories published twice per week on Tuesdays and Fridays. Here, you'll find the most up-to-date information on captivating economic development and business news stories in the region.

 

MARCH 12, 2013

 

Hudson Valley's largest business expo set for Rye Brook

Newsday, 3/11/13

The Mega Mixer Business Expo will take place at the Hilton Westchester Hotel in Rye Brook from 2 to 6 p.m. on Wednesday.

 

Japanes retailer comes to Rockland

Newsday, 3/8/13

Japanese clothier Uniqlo will open the doors of its first Rockland location next week as part of an expansion into New York City suburbs, bringing with it 100 local jobs. The 24,000-square-foot space, near Macy's on the first floor of the Palisades Center mall...

 

Apollo Plaza renovation deal in the works

Times-Herald Record, 3/12/13

MONTICELLO - A Fallsburg developer has signed a tentative agreement with Sullivan County to buy the Apollo Plaza on lower Broadway.

 

Ulster man has been making maple syrup for almost 40 years

Mid-Hudson News, 3/11/13

LYONSVILLE - In early February, we let a groundhog determine how much winter is left.

John Stockin doesn't look too far ahead and lets winter take its time, so he can take the sap from maple trees and make syrup.

 

Metro North stations sharing coveted space with full-service restaurants

Westchester County Business Journal, 3/7/13

It used to be that you just passed through a train station on your way to work, maybe slowing to grab a coffee and newspaper. Today, more and more you can sit down and enjoy a glass of wine and a three-course meal.

 

$1.5B federal loan for TZ Bridge moves forward

Mid-Hudson News, 3/9/13

TARRYTOWN - The US Department of Transportation will conduct a credit review of the new Tappan Zee Bridge project before it finalizes a $1.5 billion loan the state is seeking to build the new structure.


Hudson Valley Economic Development Corporation
4 Crotty Lane | Suite 100 | New Windsor, NY 12553
845.220.2244

hvedc.com
Focus Media
10 Matthews Street | Goshen, NY 10924
845.294.3342

advertisingandpr.com
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Hudson Valley Economic Development Report

  
  
  
  

Welcome to the Hudson Valley Economic Development Report, a compilation of news stories published twice per week on Tuesdays and Fridays. Here, you'll find the most up-to-date information on captivating economic development and business news stories in the region.

 

 

FEBRUARY 27, 2013

 

 

Manhattan internet firm eyes office move to Yonkers

Westchester County Business Journal, 2/21/13

A leading Internet and media company is looking at the former Otis Elevator factory complex in downtown Yonkers as a possible relocation site for its most profitable business.

 

Another world record planned for Walkway in May

Mid-Hudson News, 2/23/13

One of the expired tax breaks extended by the recently passed American Taxpayer Relief Act of 2012 is the cumulative "Nonbusiness Energy Property Credit" for qualified energy efficiency improvements or residential energy property costs for your primary principal residence.

 

Red House Entertainment favorite to run Paramount

Westchester County Business Journal, 2/21/13

Red House Entertainment L.L.C. is hoping to be the group that takes Peekskill's Paramount Center for the Arts out of the red.

 

Maloney meets with farmers

Mid-Hudson News, 2/21/13

WARWICK - "You can't represent this community without understanding agriculture." That was Congressman Maloney's (D-18) message to an agricultural forum Tuesday afternoon at Warwick Town Hall. More than 70 people attended the informal meeting with the House member to educate him on the agricultural issues of his new district.

 

Stewart ranks tops in on-time flights

Times-Herald Record, 2/19/13

STEWART AIRPORT - Stewart International Airport is number one - at least when it comes to getting planes in the air on time.

 

Rule change to advance Chappaqua Crossing Project

The Journal News, 2/26/13

CHAPPAQUA - The New Castle Town Board is expected tonight to approve a rule change that is key to jump starting construction at Chappaqua Crossing, a residential and retail development at the former Reader's Digest site.

HVEDC names Gottlieb as new president, CEO

  
  
  
  

 

HVEDC names Gottlieb as new president, CEO

 

New leader has depth of knowledge,
background with organization's initiatives

 

NEW WINDSOR, N.Y. (Feb. 6, 2013) - Hudson Valley Economic Development Corp. (HVEDC) Board Chairman Steven V. Lant today announced that Laurence P. Gottlieb was named the organization's new president and CEO, effective Feb. 25. Gottlieb is currently director of economic development for Westchester County.

 

Laurence P. Gottlieb
Gottlieb was the co-founder of HVEDC's NY BioHud Valley® and Hudson Valley Food & Beverage Alliance initiatives and has been a key member of the organization's board. He succeeds Mike Oates, who has accepted a position as CEO of Hudson River Ventures LLC, a small business investment fund focused on the Hudson Valley that was founded by Sean Eldridge in 2011.
"HVEDC is delighted that Larry Gottlieb will be its next leader," Lant said. "As an engaged HVEDC board member and director of economic development for Westchester County, Larry has been instrumental in the successful launch of HVEDC's NY BioHud Valley initiative as well as our Hudson Valley Food & Beverage Alliance. He has also led a successful transformation of Westchester County's economic development efforts. Larry's vision, energy and marketing and communication skills make him the ideal candidate to lead HVEDC. His familiarity with HVEDC's strategy and key initiatives give HVEDC a unique opportunity to have a seamless transition of leadership and maintain our positive momentum."
Gottlieb is a strategic communications executive who has more than 25 years of senior management experience. He has been director of economic development for Westchester County since joining County Executive Robert P. Astorino's administration in 2010. In that role, Gottlieb was involved in creating both the NY BioHud Valley biotechnology cluster development coalition and Hudson Valley Food & Beverage Alliance, which promote regional industry growth through aggressive marketing campaigns and innovative programming, such as mini-MBAs for biotech executives and venture capital tours of food and beverage hubs.
He has been Westchester's chief economist, rebranding the county with the "Westchester County: New York's Intellectual Capital®" campaign. His office brought in nearly $500 million in new capital investment with the retention and creation of thousands of jobs from companies such as IBM, Atlas Air, PepsiCo, Sabra Dipping, Dannon, Regeneron, Acorda Therapeutics and Kraft Foods. Under his management, the Office of Tourism and Film has seen a 38 percent increase in movie, television and commercial production since deploying the Film Westchester marketing campaign.
"HVEDC draws its incredible strength from the robust and resilient Hudson Valley economy, which is reflected in the extraordinary board of directors who collectively remain the brilliant mind and thoughtful heart of the organization," Gottlieb said. "I am honored to work with such a great team, as we together lead HVEDC through these challenging but equally exciting times."
"I'm thrilled that Larry will be taking over as the president and CEO of Hudson Valley Economic Development Corp.," Oates said. "I have worked closely with Larry on countless projects over the years and know that he will take the organization to new heights. Larry is an innovative economic development professional with vast experience in the business world. His expertise was put to good use with the launch of NY BioHud Valley and the Hudson Valley Food & Beverage Alliance. These were two important initiatives that Larry helped launch and grow. The Hudson Valley will be well served with him running HVEDC. I look forward to working closely with Larry in the coming years ahead."

"Larry is uniquely qualified to lead HVEDC in these challenging economic times," said Mark Kastner, president of The Chazen Companies. "His business experience and economic development acumen will be a tremendous asset to HVEDC and the entire Hudson Valley."

HVEDC will continue to provide management of the Orange County Business Accelerator. James D. O'Donnell, deputy county executive of Orange County and executive director of the Orange County Industrial Development Agency, which provides funding for the Accelerator, said, "I've had the pleasure of working closely with Larry on Governor Cuomo's Mid-Hudson Regional Council, where he would often strongly advocate for projects beyond the borders of Westchester County, because he knew our success was dependent upon everyone working together. That passion for the region - matched with his economic development experience and marketing background - is exactly the kind of smart advocacy we need for HVEDC and the Orange County Business Accelerator."
Astorino said: "Our loss is the region's gain. Businesses large and small benefited from Larry's expertise and energy, which helped them grow even in challenging economic times. Going forward we will continue to work together on projects that benefit Westchester and the entire Hudson Valley region."

 

 
     
 
 
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Hudson Valley Economic Development Report

  
  
  
  

Welcome to the Hudson Valley Economic Development Report, a compilation of news stories published twice per week on Tuesdays and Fridays. Here, you'll find the most up-to-date information on captivating economic development and business news stories in the region.

 

 

FEBRUARY 5, 2013

 

 

Tappan Zee Bridge: State sees heavy construction on new span by summer

Newsday, 2/4/13

The consortium tapped to build the new $3.9 billion Tappan Zee Bridge will start prep work in March and will begin heavy-duty construction on the new span late in the summer, state officials said at a public meeting Monday.

 

Westchester studies biotech village proposed near medical center

The Journal News, 2/1/13

VALHALLA - Westchester County is working on an agreement with a developer who wants to turn empty land at the north end of the Grasslands Reservation into a medical and biotechnology research complex to build on the work of the neighboring...

 

Sen. Gillibrand proposes loans, training for manufacturing jobs in Yonkers visit

The Journal News, 2/1/13

YONKERS - Citing a loss of 11,530 factory jobs in the Hudson Valley between 2005 and 2010, Sen. Kirsten Gillibrand promoted new legislation Friday to support a manufacturing revival.

 

Yonkers' top restaurants gear up for Restaurant Week

Westchester County Business Journal, 2/1/13

Many of the most popular eateries in Yonkers will participate in the city's second annual Yonkers Downtown BID International Restaurant Week. Restaurants including La Bella Havana, Tyrone House and Zuppa will offer their cuisine for a discount...

 

VIDEO: Big Blue goes smaller: new power series designed for modest-sized businesses

Poughkeepsie Journal, 2/5/13

IBM Corp. is making a thrust into a part of the computer market where Big Blue's boxes are less common - smaller businesses - using new microprocessors from its Power series.

 

Wright predicts bright future for Stewart

Mid-Hudson News, 2/4/13

NEW WINDSOR - New Windsor resident James Wright has seen the ups and downs of Stewart Airport from a front row seat. He is chairman of the Stewart Airport Commission, the advisory group to the state, for the 33rd year in a row.


Hudson Valley Economic Development Corporation
4 Crotty Lane | Suite 100 | New Windsor, NY 12553
845.220.2244 begin_of_the_skype_highlighting 845.220.2244 end_of_the_skype_highlighting

hvedc.com
Focus Media
10 Matthews Street | Goshen, NY 10924
845.294.3342 begin_of_the_skype_highlighting 845.294.3342 end_of_the_skype_highlighting

advertisingandpr.com
Facebook Twitter LinkedIn
 
Facebook Twitter LinkedIn
     
 
 
 
 

HVEDC Resource Guide wins Northeast award

  
  
  
  

HVEDC
 Resource Guide
 wins Northeast award

Hudson Valley Economic Development Corporation's Economic Resource Guide has won a Superior Award from the Northeastern Economic Developers Association. The award was won in the Literature and Promotional Awards program Community Profile category. The award will be presented at the organization's annual meeting in Hartford in October.

To learn more about the Hudson Valley:

HVEDC Resource Guide - Download here

To learn more about NEDA:

Northeastern Economic Developers Association - www.nedaonline.org

One Step Closer to Building a New NY with a New Tappan Zee Bridge

  
  
  
  

Gov. Andrew Cuomo said Monday afternoon in Piermont that New York State is now closer to replacing the current Tappan Zee Bridge with a new, $5.2 billion span.
 
The governor's announcement came hours after a unanimous vote by the New York Metropolitan Transportation Council (NYMTC) to officially incorporate the project into the council's plan.
 
"Today we are one step closer to building a new, safer bridge that will revitalize the Hudson Valley by creating thousands of jobs," Cuomo said at the 1 p.m. gathering in Flywheel Park.
 
More than 100 residents and local, state and federal lawmakers gathered downtown, overlooking the Tappan Zee Bridge to the north and local marinas.
 
After a brief speech, Cuomo signed a letter to U.S. Secretary of Transportation Ray LaHood, applying for billions of dollars in TIFIA federal loans to help finance the new span.
 
"The next step is going to Washington to get funding, so we can build the bridge and make tolls affordable," Cuomo said. "After over a decade of delay caused by political dysfunction, this letter demonstrates that we are making real progress towards constructing a stronger, transit ready bridge."
 
When asked what financing would be in place should the state be declined federal funds, Cuomo was terse.
 
"I'm an optimist," he said. "They're going to say yes."
 
Cuomo noted the importance of mass transit, a component local residents and officials have long been asking for.
 
"The future of transit isn't people getting into cars and driving," Cuomo said. "It's mass transit. Period."
 
The new span is slated to house a dedicated bus transit lane during rush hour.
 
The governor recently blasted the proposed $14 toll hike in 2017 as excessive, but did not cite a specific figure that he would like to see—he only advocated a decrease.
 

 

 

From the New City Patch (8/20/12) Cuomo said the sluggish push to build a new bridge over the past 13 years has been time—and taxpayer money—squandered.
 
"We decided to waste millions," he said. "We decided to put people through traffic and congestion and pollution. It was a failure of leadership, a failure of government."
 
NYMTC member and Rockland County executive C. Scott Vanderhoef voted alongside others this morning. Late last week, Vanderhoef and lawmakers from Westchester and Putnam counties announced their decision to vote 'yes.'
 
Vanderhoef said he is pleased to support the project on the heels of Cuomo's assurances that the new bridge is to include mass transit capabilities.
 
"The governor should be given great credit for making it transit compatible," Vanderhoef said. "I am very pleased to be supportive."
 
Vanderhoef also said the federal government should assist New York with the financing of the new bridge connecting Westchester and Rockland.
 
"This new bridge will be safer for our drivers and built to last, and include a dedicated bus lane on day one," said assemblyman Ellen Jaffee, D-Suffern. "It will be a major economic driver for communities across the region, creating approximately 45,000 jobs."
 
Cuomo said the state expects to hear back about federal funding in the coming months.
 
 
 
 

HVEDC partners with Hudson River Ventures on strategic investments in Hudson Valley businesses

  
  
  
  

 HVEDC partners with Hudson River Ventures on strategic investments in Hudson Valley businesses

Fund targeting high-growth industries

NEW WINDSOR, N.Y. (April 26, 2012) - The Hudson Valley Economic Development Corp. (HVEDC) is partnering with an investment fund that will extend capital to businesses throughout the Hudson Valley.

Hudson River Ventures, LLC is a small business investment fund focused on the Hudson Valley.  Founded by Sean Eldridge in 2011, Hudson River Ventures works to empower entrepreneurs and build thriving businesses throughout the Hudson Valley. 

In partnership with HVEDC, Hudson River Ventures will make strategic investments, ranging from $50,000 to $500,000, in small businesses within its target industry sectors, including Food & Beverage, Tourism & Hospitality, Information Technology, and Biotech.  HVEDC will help identify startup companies and existing companies who qualify for investment.

"In this current economic climate, small businesses are struggling to find capital.  But there are entrepreneurs with bold ideas and growing businesses throughout the Hudson Valley that are smart investments, which is why I founded Hudson River Ventures," said Sean Eldridge, president of Hudson River Ventures. "I am thrilled to partner with HVEDC to invest in startup companies and existing businesses.  Together, we will create jobs, strengthen communities, and build a more prosperous Hudson Valley."

"Corporate executives in the Hudson Valley have been telling us that access to capital is their most critical issue as they try to grow their business," said Mike Oates, President and CEO of HVEDC. "Sean and Hudson River Ventures is a most welcome addition to the tools available for economic development in our region. HVEDC is thrilled to be Hudson River Venture's partner. Sean will not only bring needed capital to our market but will also provide business expertise that will help position our region for growth."

To learn more about how to apply, contact Mike Oates, President and CEO, Hudson Valley Economic Development Corp., at moates@hvedc.com or 845-220-2244 or visit www.HudsonRiverVentures.com.

Sen. Charles E. Schumer: "Hudson River Ventures, in partnership with Hudson Valley Economic Development Corp., will be a new and unique catalyst for small businesses to grow and expand in the Hudson Valley all while creating new local jobs in this new economy. Sean Eldridge and Hudson River Ventures have a vision of helping Main Street businesses, tourism, food & beverage and high-tech ventures, which is exactly what we need in New York and I look forward to partnering with them and HVEDC to help create jobs and expand economic opportunities throughout the Hudson Valley. By creating this new investment and development fund, Sean will leverage public-private partnerships and give new and expanding Hudson Valley businesses all the tools they need to succeed and I look forward to working with his fund to strengthen the economy and the Hudson Valley and all of New York State."

Sen. Kirsten Gillibrand: "The investments made by Hudson River Ventures will help strengthen the regional economy by focusing on growing industries in the Hudson Valley.  Investments in existing companies and startups in key markets including biotech and innovative technologies would create opportunities for sustained job growth."

Westchester County Executive Robert Astorino: "The Hudson River Ventures Investment Fund will provide a wellspring of financial resources to entrepreneurs thirsty for new sources of capital. We applaud Sean's efforts to invest in the Hudson Valley, and fill the widening gap between private industry's growing need for additional funding and government's ever-shrinking pool of public monies available for investment."     

Rockland County Executive C. Scott Vanderhoef: "We wish Hudson River Ventures much success, and hope that they make significant investments in the lower Hudson Valley, particularly Rockland County.  Last year 500 new jobs were created in Rockland, and in the coming months we look forward to working with successful organizations like Hudson River Ventures to encourage continued investment in companies that seek to expand or start-up in the county."

Dutchess County Executive Marc Molinaro: "The Hudson Valley has long been a leader in attracting entrepreneurs and innovation, and Hudson River Ventures will help ensure our region remains a leader."

Orange County Executive Edward A. Diana: "We welcome the opportunity to work with Hudson River Ventures as they contribute to advancing the region's economic attraction and retention efforts."

Ulster County Executive Mike Hein: "The business community of Ulster County and the entire Hudson Valley will be augmented by Hudson River Ventures' efforts to grow entrepreneurship, strengthen local companies and help create more jobs."

Putnam County Executive MaryEllen Odell: "Hudson River Ventures is affording 'entrepreneurs' the opportunity to grow or build a business in the Hudson Valley Region, by supporting their contribution to private public partnerships, we hope this will enhance economic development and, therefore, create jobs in the region.

Sullivan County Partnership President Allan Scott: "With access to capital becoming ever more challenging, we welcome Hudson Valley River Ventures as an integral partner in helping our regional growth industry sectors to grow and expand."

Scenic Hudson Ned Sullivan: "Across the country, job creation is hampered by cautious financial institutions and cash-strapped government agencies. Sean Eldridge is boldly stepping into this arena with the vision, courage and resources to revitalize the Hudson Valley's economy by investing in sustainable small businesses - with the most capable and effective partner - Mike Oates and HVEDC."

About Hudson River Ventures LLC: Hudson River Ventures, LLC is a small business investment fund focused on the Hudson Valley. Founded by Sean Eldridge of Garrison, N.Y., in 2011, Hudson River Ventures works to empower entrepreneurs and build thriving businesses throughout the Hudson Valley. Learn more at: www.hudsonriverventures.com.

About Hudson Valley Economic Development Corporation (HVEDC): HVEDC represents seven counties in Hudson Valley. This public-private partnership markets the region as a prime business location to corporate executives, site selection consultants and real estate brokers. HVEDC also helped start the branding and promotional effort for NY BioHud Valley. For more information on Hudson Valley Economic Development Corporation or to review available business sites, visit www.hvedc.com or call CEO Mike Oates at 845-220-2244.

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